-Livemint.com Though pulsations may eventually ease, it is time to think of long-term cures Pulses have been throbbing hard and loud in India for sometime now. And not only because of prices, but also the pace in which it accelerated to 30% annually last month, three times the rate of increase six months ago. Besides angry television anchors and electoral evocations, hoarding, raids and truck thefts have set hearts thumping too....

-Livemint.com Nobel to Deaton calls for a celebration of not just his own work but also the contributions of a number of Indian economists who have engaged with similar issues The announcement of Angus Deaton winning the Nobel Prize in economics was unexpected but not surprising. His body of work over the years has influenced many of us who have worked on issues of poverty, nutrition and food security. It is...

-Livemint.com/ Bloomberg To join the global middle class, India must do much better Max Roser is at it again. The Oxford professor and master of economic data visualization has a new set of maps and charts showing how global income and inequality have changed during the last couple of centuries. The upshot is that while the world has gotten steadily richer that entire time, something very special and very good has...

-The Hindu Traders say that basmati prices were expected to remain low this year as there had been an oversupply of the commodity in the international markets. Farmers of the aromatic, long-grain basmati rice in the grain bowl States of Punjab and Haryana are heading for yet another period of distress as the premium variety is fetching a price that is even below that of regular paddy. Sitting visibly distressed with his trolley...

-Livemint.com State seeks Rs300 crore more for drinking water supply and Rs750 crore for waiving off interest payments on loans New Delhi: Madhya Pradesh has declared 35 out of 51 districts in the state as drought affected and sought an initial central assistance of Rs.2,400 crore, indicating deepening rural distress. Karnataka, Maharashtra and Odisha have already declared parts of their state as drought affected. Madhya Pradesh finance minister Jayant Malaiya and agriculture minister...