-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...

-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...

-Business Standard The wide disparity between the best healthcare & quackery that much of the population must endure is partly to blame for India's apathy Whether Indians in ancient times discovered algebra and the Pythagoras theorem before "selflessly" passing them on to the Arabs and the Greeks as Science and Technology Minister Harsh Vardhan said last week is for agile historians to ponder. Widely accepted is that Indians in ancient times studied...

-The Hindu Business Line Bearish price trends in the global market, poor rainfall took toll on farmers in 2014 Farmers in the country were hit by a double whammy in 2014. Even as poor monsoon affected kharif output, lower commodity prices, largely influenced by a bearish trend in the global market, aggravated the agrarian crisis this year. In addition, the uncertainty over the vagaries of nature, largely through frequent unseasonal rains, compounded...

-Business Standard Total area might remain 1-1.5 million hectares less than 2013, impacting production and prices As sowing of rabi crops enters its last leg, the overall area covered, as of Friday, was five per cent less than last year at 53.02 million hectares. This means the total this year might be 1-1.5 million hectares less than in 2013. This could have a negative impact on overall Gross Domestic Product growth in...