-Business Standard Export to Iran might hit a record high Lifting of global economic sanctions on Iran could, it is hoped in the trade, enable a new record for basmati rice export to that country from here in 2015-16. Iran is also expected to cut import duty on Indian basmati from 40 per cent now to 20 per cent from the new season, starting October. Our basmati export was a record 1.44 million...
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Is World Cup killing Indian workers? -Rukmini S
-The Hindu Death rate in India for working men is far higher The international media has been awash with reports of hundreds of workers, most of them from Nepal, Bangladesh and India, dying during the construction of stadiums and other facilities for the 2022 FIFA World Cup. However a look at migration data suggests that the number of deaths does not necessarily suggest the kind of crisis that is being described. Since Qatar won...
More »One out of every 20 Tamil Nadu families have migrants -Julie Mariappan
-The Times of India CHENNAI: Livelihood issues have been pushing high school and higher-secondary pass-outs of Tamil Nadu to head out to foreign shores. At least one out of every 20 households in the state, predominantly along the coastal belt, have migrant workers in South East Asian and Arab countries, said a sample study by social scientists here. The average cost of migration for a person is estimated at Rs 95,800. This...
More »Running on fumes -Paranjoy Guha Thakurta
-The Asian Age The sharp and sudden collapse of international prices of crude oil brings significant short-term gains for the Indian economy. However, in the medium and long run, the fall in oil prices has ramifications that are far from positive for this country. The windfall gains that have accrued will provide temporary relief for finance minister Arun Jaitley and will enable him to meet the fiscal deficit target in the...
More »Decoding the oil price fall -Raghuvir Srinivasan
-The Hindu Year 2015 will be crucial as shale oil firms begin to feel the pinch of low prices Are falling oil prices good or bad for the global economy? And how do they work for India? Till recently these questions were no-brainers. Cheaper oil is obviously good for the global economy; for an energy-intensive economy such as India's, which also depends on imported oil for meeting four-fifths of its needs, a...
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