India continues to maintain its streak of world-beating economic growth after GDP for the March quarter beat all expectations with a 6.1 per cent expansion that helped push the annual growth rate to 7.2 per cent. After this, the Indian economy is now USD 3.3 trillion in size. Asia’s third-largest economy beat all estimates to grow at 6.1 per cent in January-March, the last quarter of the 2022-23 fiscal, up from...

P.V. Satheesh, founder and Executive Director of the Deccan Development Society passed away on 19 March, 2023. Periyapatna Venkatasubbaiah Satheesh – P.V. Satheesh to friends – was born in Mysore in 1945. He studied mass communication and television production at the Indian Institute of Mass Communication and the Film and Television Institute of India. He joined Doordarshan as a senior producer and worked on programming related to rural development and...

CNBC TV18 The Centre has allowed an early procurement of wheat procurement by states to avert the possibility of any distress sale by farmers. Despite the pre-monsoon rains increasing moisture content in the rabi crop, government sources have maintained that the procurement cycle is on track and there hasn't been any adverse climatic impact on wheat harvest or supply so far. While government sources indicated that wheat procurement in Madhya Pradesh will...

The government has fixed a wheat procurement target of 34.15 million tonnes for the 2023-24 marketing year starting April, higher than 18.79 million tonnes purchased in the previous year. The target was fixed in the meeting of state food secretaries held alongside state food ministers’ conference here to discuss procurement arrangements.  Out of the total wheat procurement target for the 2022-23 marketing year (April-March), Punjab will aim to procure 2.5 million...

Livemint Recent deaths in Gambia, Uzbekistan and the US, allegedly caused by toxic drugs made in India, has the Centre reportedly planning to centralize drug regulation. How effective will this measure be? The Central Drugs Standard Control Organization (CDSCO) is the apex regulatory body. Each state has its own regulator. The state regulators look after licencing and audit manufacturing facilities while CDSCO is responsible for approving new drugs, imports of devices, clinical...