-The Hindu How Tiruppur, India’s knitwear hub, is now weaving a green cover for the entire district We moved this tree 15 km on a truck along the stretch between Avinashi and Avinashipalayam.” V. Mahendran points to a hulking tree trunk. “The operation took us nine hours. Even with its branches and most of its canopy chopped off, it weighed more than 40 tonnes.” We are at the Tiruppur Collectorate, and Mahendran,...
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Monsoon outlook brightens as US raises El Nino odd -Amit Bhattacharya
-The Times of India NEW DELHI: In what could boost the odds for a normal monsoon this year, US government agencies have marginally lowered the probability of El Nino developing during the Indian monsoon months in their update released late on Thursday. The El Nino bulletin issued by the US Climate Prediction Center (CRC) and other agencies shows a slightly higher probability for neutral conditions to continue during August and September. Its...
More »New WPI series suggests higher core inflation rate in past 6 months: CRISIL
-Business Standard WPI inflation for April is at 3.9%, which is 144 (bps) lower than the March inflation rate The Ministry of Commerce and Industry unveiled the revised wholesale price index (WPI) on May 12, 2017 as per the 2011-12 base year. As per this release, WPI inflation for April is at 3.9%, which is 144 basis points (bps) lower than the March inflation rate. The decline is mainly due to a...
More »Aadhaar linkage creating hurdles for tribals -Sumit Bhattacharjee
-The Hindu Scope for the middlemen has increased, says IIT professor Reetika Khera In Bandaveedhi village in Paderu in Visakhapatnam agency, 400 residents had gone without the basic food items from the public distribution system (PDS) in April, as the officer concerned had a marriage at home and had no time to switch on the biometric machine that would record the finger prints of the beneficiaries. In Kasimkota, Padma, 70, was sent...
More »In Response To RTI, RBI Says Sharing Details Of Demonetisation Process May Hurt Country's Economic Interests -Ashwini Srivastava
-Outlook Six months after the announcement of demonetisation by Prime Minister Narendra Modi, the RBI has declined to share details of the note ban process, saying it would be detrimental to the country's economic interests. Replying to an RTI query, the central bank said disclosing such details may impede future economic or fiscal policies of Government of India. The Reserve Bank of India (RBI) was asked to provide a copy of the minutes...
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