-TheWire.in Instead of giving freebies to the affluent, Sitharaman should have announced additional government spending in MNREGA and plans for filling vacancies in government jobs. After holding out for seven weeks, following her maiden budget, Nirmala Sitharaman finally blinked. For about a month now, pink papers and business-friendly pundits had been crying foul about India Inc’s shrinking sales. But, since you can’t sell a sob story about the rich, it was spun to...

-TheWire.in Millions have been displaced, while a loss of crop and reduced yield are expected across the state. For the past few months, Bihar has been making headlines for many reasons. Disease outbreak, mob lynching or the state’s political affairs have seen it receive plenty of media coverage. But the state is now in the news for concurrently facing two natural disasters: drought and flood. This is not the first time that Bihar...

-PTI The village has a population of around 10,000 and several of them have moist eyes as they see everything that was part of their lives start to fold up as the water level rises unrelentingly. INDORE: A village in Madhya Pradesh's Dhar district has begun submerging as the level of the backwater of neighbouring Gujarat's Sardar Sarovar Dam started rising over the past fortnight due to heavy rains. On Sunday, the backwater...

-Hindustan Times Unfortunately, there is no high frequency income or consumption data for the Indian economy. What we do have is monthly data for rural wages, which is available until June 2019. On Wednesday, media reports said that India’s leading biscuit-maker Parle Products Private Limited could cut up to 10,000 jobs as “slowing economic growth and falling demand in the rural heartland could cause production cuts”. The company’s flagship brand Parle-G...

-Moneycontrol.com The Rs 35,000 crore biscuit industry has several players, the top most being the Britannia and Parle, which accounts for 70 percent of the industry’s volume and revenues. Subdued rural growth has begun to show up in the cookies category of eatables, especially your tea-table humble biscuit plates. Reports have emerged that the staple biscuits category like Parle-G has slowed down in rural demand, although similar pains are not visible in...