-The Business Standard As the southwest monsoon enters the last leg of its four-month journey, 2013 will be remembered as one of the best years in overall quantum and distribution of rainfall across India. More than expected rain so far have pushed up kharif sowing in a big way, which will not only add its bit to gross domestic product (GDP) growth but blunt inflationary pressures. If the intensity is maintained, India...

-The Times of India NEW DELHI: For 52-year-old Nagappa Nimbegundi, a farmer from Makari village in North Karnataka, this Independence Day was special. After three years of relentless efforts, he has managed to revive 13 varieties of indigenous cotton and 11 other varieties of non-Bt cotton in his farm. The seed bank that he is developing is of significance as 90% of cotton production in India has been taken over by Bt...

The declining trend in food price inflation globally may not hold true for inflationary trends faced domestically due to a weakening Indian Rupee vis-a-vis the US Dollar. The recently released FAO Food Price Index (nominal) has shown a declining trend in July for the third consecutive month owing to lower international prices for grains, soy & palm oil, meat, dairy and sugar. (See links below) Based on FAO Food Price...

-The Telegraph A study on a globally endangered bird whose safety once prompted the defence ministry to scrap a surveillance set-up has called for stronger conservation efforts in its only home, an Andaman island, despite a "heartening" increase in numbers. The study on the Narcondam Hornbill, found only on the Narcondam island in Andaman and NICobar, has emphasised the need to "minimise" habitat disturbance. The island has no human habitation, though it...

-The Business Standard Can Bhagwati-Sen debate bring the same change as Hayek-Keynes duel in the US in 1932 At a time of economic crisis, a distinguished group of economists wrote a letter to a major newspaper, making a case for increased government involvement in the economy. A few days later, an equally distinguished group of economists wrote a letter to the same newspaper, arguing against the first lot. No, this...