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Pulses could rise 10-15% on festival demand, says Assocham study -Tomojit Basu

-The Hindu Business Line New Delhi: The prices of pulses can shoot up by 10-15 per cent in the run up to the festival season, according to an Associated Chambers of Commerce of India (Assocham) study released here on Friday. The trade body estimates that India will import over 10 million tonnes (mt) of pulses since domestic production is likely to be limited to around 17 mt on the back of a...

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Soon, cancer medicines, stents to be cheaper -Sushmi Dey

-The Times of India NEW DELHI: Cancer medicines and stents may soon be available at a substantially lower price. The health ministry is working on a model to procure such drugs in bulk at a negotiated price and supply them to hospitals and consumers through its own retail system like 'Jan Aushadhi' stores. . The idea is to bring down prices of expensive cancer drugs and stents while not putting pressure on...

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The looming spectre of rural distress -Vatsala Kamat

-Livemint.com Amid all the gloom, the lower inflation rate and commodity prices could bring some respite With the southwest monsoon retracing, concerns about the deficiency of rainfall and its impact on the economy are increasing. The 15% rainfall deficit makes it the second consecutive year of less-than-normal monsoon dotted with some unseasonal showers. Together, this would have multiple ramifications on economic growth. Both macroeconomic and sectoral analysts have turned cautious and some...

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More arhar import to beat price rise

-The Times of India NEW DELHI: The government on Friday swung into action on the rising prices of major pulses, particularly arhar, and took a string of decisions to enhance supplies. Within hours after the Times of India report, the government decided to import another 5,000 tonnes of arhar to stem the prices which have been spiraling in the past few months. "At a high-level meeting held here today (Friday), the...

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Modi's magic: 30k LPG consumers giving up subsidy daily -Sanjay Dutta & Clara Lewis

-The Times of India NEW DELHI/MUMBAI: Prime Minister Narendra Modi's magic appears to be working well among cooking gas consumers. With a little assistance from state-run fuel retailers. Between 30,000 and 40,000 households are giving up LPG subsidy daily in response to a countrywide door-to-door campaign launched by the oil marketers to capitalize on the prime minister's call to 'Give It Up'. The result is nothing but magical in a country used to...

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