-Reuters Inflation may have accelerated at its fastest pace this year in May, driven by higher food and fuel prices, impeding chances of a rate cut by the central bank at its review next week, a Reuters poll showed. The wholesale price index, India's main inflation gauge, is expected to rise 7.60 percent in May versus a year ago, compared with April's 7.23 percent, the poll of 31 analysts showed. Forecasts ranged from...

Concern for public health goes up in smoke   India's leading cigarette manufacturer, ITC Ltd, made financial contributions of Rs. 6.78 crore in the last two years to all major political parties in the country, causing public health activists here to question the possible interference of tobacco companies “in the Central government's efforts to bring in tougher anti-tobacco laws in the country.” Figures disclosed by ITC Ltd — and released recently by activists...

The odds of an El Nino phenomenon developing in July through September and potentially affecting the Indian monsoon are dead-even at 50-50, offering hope that India's agriculture and economy may yet escape a crippling blow.  A stuttering economy has seen heightened attention on the Pacific warming, known to disrupt the southwest monsoon, as poor rains this year can be a further brake on Growth, jeopardizing bonus farm production recorded in recent...

-The Hindu States told to have contingency plans ready, post-delay in onset in Kerala   Agriculture experts and officials are closely monitoring the advance of the southwest monsoon, which is crucial not only for the important summer kharif crop but also the socio-economic wellbeing of the country. There are apprehensions that with farm Growth having slowed down in the pre-wheat harvest quarter to 1.7 per cent, if the monsoon were to be deficient, then...

-The Indian Express   Rich countries must stop lecturing developing countries and accelerate their own efforts to cut emissions There is no shortage of people telling India what to do on low-carbon Growth, but there is a shortage of understanding of what India is doing. Even the UNDP in its recent Asia Pacific Human Development Report urges emerging economies like India to do more for climate change. If one appreciates what India’s emissions are...