-The Hindu The government’s economic recovery hype is off track and this is not a time for fiscal conservatism Preliminary evidence that India’s economy contracted by 7.5% in the second quarter of financial year 2020-21 was, as news, both good and bad. Good because that figure is far lower than the 23.9% contraction registered in the first quarter of this financial year. Bad because a 7.5% second quarter contraction is high both...

-The Telegraph The Indian economy is in a quagmire Data released by the National Statistical Office, which show the gross domestic product for the second quarter (July-September) of 2020-21 declining by “only” 7.5 per cent compared to the second quarter of the previous year, have been hailed in official circles as “good news”; on the contrary, they show the economy being stuck in a quagmire. The first point to note is that while...

-The Indian Express For a healthy agrarian sector, the state must strengthen and protect the position of the cultivator. As long as land acquisition continues at its current pace, there is little chance of that happening. As farmers from Punjab and Haryana force the central government into unconditional talks, demanding nothing less than a repeal of the three new farm laws, the BJP-led NDA government insists the reforms are “farmer-friendly”. The farm...

-The Indian Express Officials said that all the scientists and public health experts are zeroing in on the possibility of water contamination by heavy metals. Hyderabad: At least six persons, who suffered seizures due to a mystery illness in Eluru town in West Godavari district of Andhra Pradesh, have reported a second attack and were readmitted to the Eluru Government Hospital on Tuesday. In-charge Resident Medical Officer Dr P R Srinivas told The...

-Livemint.com * The spike in auto-debit failures suggest that the pain may have only just begun for India’s small borrowers * With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis MUMBAI: For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at...