-Macroscan.org The advance GDP estimates for 2016-17, however calculated, show a grim picture of the Economy. The real per capita income of the agriculture-dependent population, which constitutes half the country's populace, has remained stagnant or even marginally declined during the three years of the Modi government. While the pursuit of neoliberal policies can be held responsible for this, treating the aggregate growth as a "great achievement" for political mileage is unwarranted. Please...

-The Telegraph New Delhi: Heat trapped by tarred roads and dense clusters of buildings may have added nearly 2 degrees to temperatures in the world's most populated cities, including Calcutta, Delhi and Mumbai, over and above the effects of global warming, researchers said today. Their study, described as the first to quantify the combined impacts of global warming and the "urban heat island effect", suggests that the overheated cities will face double...

-Livemint.com Growing religiosity may boost the tourism sector but may hurt the overall Economy. Over the past decade, the proportion of religious people has either declined or stagnated in most countries. India seems to have been an exception, according to data from the World Values Survey (WVS), the largest global repository of data on attitudes and beliefs of individuals across the world. More than 90% of Indian respondents said religion was either ‘very...

-The Economic Times NEW DELHI: Production of horticulture crops such as fruit and vegetables have seen an increase over the previous year. The production is estimated at 295 million tonnes in 2016-17 crop year ending June, shows the second advance estimates released by the agriculture ministry on Tuesday. Compared to the previous year when production was 286.18 million tonnes, the harvest is 3.1% higher. It is also 2.7% higher over the first...

-The Hindu Greater data availability, especially on labour markets, needed to better gauge social impact of such policies The World Bank has said the social impact of demonetisation may have been greater as the informal Economy.was likely to have been hit especially hard. However, the Bank said the impact of demonetisation on the informal Economy.was difficult to measure and greater data availability, especially on labour markets, is needed to...