-Business Standard Though their intensity has been less so far and the exact impact on the crop is not yet known It is that time of the year when farmers in north and central India worry incessantly of unseasonal rain and hail. As the weather offices had predicted, these have resurfaced in the last few days. Though their intensity has been less so far and the exact impact on the crop is not...

-Business Standard Deflation in manufacturing continues, food inflation picks up Wholesale price index (WPI)-based deflation persisted for a 14th straight month in December, the index dropping 0.7 per cent as compared to one of almost two per cent in November. However, food inflation rose to 8.17 per cent, the steepest in 17 months, from 5.2 per cent. This was on more expensive vegetable and non-vegetarian items, prompting economists to say the Reserve Bank...

Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made.   Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...

-The Telegraph New Delhi: The national weather agency has adopted a new rulebook, tweaking figures that define rain conditions, cold and heat waves and abandoning what it has conceded were ambiguous and unhelpful terminology such as "could" and "may". A forecasting circular issued by the Indian Meteorological Department (IMD) has altered in subtle ways the definitions of cold and heat waves (see chart), introducing uniform cut-offs for locations across the country, and...

-PTI Chennai: Tamil Nadu Chief Minister Jayalalithaa on Monday said the “unprecedented” northeast monsoon has killed 470 people and nearly a lakh livestock besides damaging crops in over 3.83 lakh hectares in the State. Detailing the large-scale destruction caused by heavy rains in four phases during October-December 2015, Ms. Jayalalithaa recalled her demand for a central assistance of Rs 25,912.45 crore for the relief and restoration works. Noting that the Central team of...