-The Hindu Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...
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Finance, fertilizers and petroleum ministries to seek subsidy cuts-Sidhartha
-The Times of India NEW DELHI: A swathe of ministries - from finance to fertilizer and petroleum - are going to make a case for a reduction in subsidies before Narendra Modi, a move that will push up your monthly expenditure but is expected to help the government cut wasteful spending and revive investment. Sources said the three ministries are identifying subsidies as a key constraint in their presentations that secretaries will make...
More »Power supply for farm ops cut, Punjab farmers see red -Amaninder Pal Sharma
-The Times of India PATIALA: Just days after the Lok Sabha election results, anger is palpable in rural Punjab against the ruling dispensation as farmers are not getting even half the power supply promised by the government. They are forced to spend on Diesel to run pumpsets for drawing water from tubewells to irrigate nurseries of paddy, transplanting of which would commence next month. Paddy is the biggest kharif crop of Punjab...
More »Dirty air blame on transport -Jayashree Nandi
-The Times of India NEW DELHI: Emissions of fine particulate matter or PM2.5 in Delhi have increased by 11.5% over the past four years, according to a GIS-based inventory prepared by Indian Institute of Tropical Meteorology (IITM), an autonomous body under the ministry of earth sciences. The transport sector appears to be the worst culprit as it's the biggest contributor to this jump followed by manufacturing industries and power plants. After...
More »WPI inflation eases to 5.2% in April-Vrishti Beniwal
-The Business Standard Food articles inflation dips to 8.64% compared to 9.9% in March Wholesale Price Index-based Inflation fell by 0.5 percentage points to 5.2 per cent in April from 5.7 per cent in March, providing some relief to a new government amid other deteriorating macroeconomic numbers such as retail inflation and industrial output. All three major components of the index - food, fuel and manufactured goods - recorded moderation in inflation on...
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