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Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)

-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...

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Delayed rains in Central India have farmers worried -Rutam Vora

-The Hindu Business Line ‘Odd’ monsoon path upsets crop cycle, slows down sowing Ahmedabad: Farmers in Gujarat, Madhya Pradesh and parts of Maharashtra are a worried lot as the ‘monsoon watch’ gets longer in the key growing regions, affecting the sowing of kharif crops. According to the latest available data, farmers in Gujarat have completed sowing on about 8.71 lakh hectares, which is more than double the 2.74 lakh hectares sown by about...

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Delayed impact

-The Hindu Business Line Recent macro data hint at delayed second-order impacts from note ban Did the Indian economy suffer only temporary hiccups from the abrupt withdrawal of high-value currency notes in November 2016? Until recently, the Government and quite a few commentators were convinced that it did. Macro-economic data releases such as the first advance GDP estimates (which retained real gross value added, or GVA, growth at 7 per cent for...

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60% of all east-bound trains ran late in May -Avishek G Dastidar

-The Indian Express In May, data shows, only 3.04 per cent trains lost punctuality due to law and order problems. Rail passengers travelling to the eastern parts of the country from the north were most affected by train delays in May, according to official data obtained by The Indian Express.  The data show that of the 19,450 trains that failed to keep time from May 1 to May 30 across India, around...

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For now, rains may skip central India: IMD -Neha Madaan

-The Times of India PUNE: The India Meteorological Department (IMD) has found the behaviour of the monsoon this year to be "peculiar", saying this may have been responsible for the delayed onset over central India. "This behaviour of the monsoon is peculiar and may put weather forecasters in a spot while declaring the onset in various parts of the country," an IMD official said. The official, referring to the IMD's latest Operational Extended...

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