Saturday 31 August 2013

In the first quarter of this financial year, growth in India’s agriculture sector dropped 0.2 percentage points to 2.7 per cent compared to the corresponding period last year - Low wheat production hits farm sector growth
A mid slowing tax revenues and rising Plan expenditure, the Center's fiscal deficit for the first four months of this financial year soared to rs 3.4 lakh crore, 62.8 per cent of the Budget estimate (BE) of rs 5.42 lakh crore for 2013-14, according to data released by the Controller General of Accounts - Fiscal deficit touches 63% of BE in 4 months

Friday 30 August 2013

With the economic boom petering out, those who benefitted from it are angry with the government forthe Food Security Bill because it is paying attention to the needs of the underprivileged for a change - This perverse rage against the poor

Thursday 29 August 2013

Lack of firm coal supply agreements that had dampened investor confidence and forced the chief executives of 20 top private power companies to declare a crisis in February last year - Fuel linkages for 78k-Mw capacity to be in place by Sept
With simple ideas that do not require big bang reforms, India can weather the storm caused by global and domestic economic factors - The India of 2013 is not the India of 1991

Wednesday 28 August 2013

According to the latest estimates, food grains worth Rs 236.32 crore were lost due to storage, pilferage, transportation and damage in the first quarter of 2013-14 - Loss of Food Grains

Tuesday 27 August 2013

The food security Bill aims to give cereals to the beneficiaries. However, there has been a drop in consumption expenditure since 2004-05 - Trends in composition of consumer expenditure
The Bill, which seeks to entitle 67 per cent of the country’s population — about 800 million people —to subsidised food, was passed after a six-hour debate in a late-evening sitting of the lower house - Lok Sabha clears food Bill

Monday 26 August 2013

Although the stock market has taken something of a beating since the US’ central bank announced it would withdraw its monetary stimulus, many believe this is the time to find and pick stocks with potential - STATSGURU: Decoding stock market signals to pick winners
A price index for agri commodities: A Business Standard and Indicus Analytics initiative - Commodity for the week Maize
As the southwest monsoon maintains its record-breaking performance over most parts of India, agriculture economists and policy makers hope overall agriculture growth would top five per cent in 2013-14, on the back of bumper harvests - Good rain may push up FY14 farm GDP to 5-7%

Saturday 24 August 2013

Aspects of the Indian crisis have no parallels in recent history, and the crisis has consequently been misdiagnosed - India’s unique crisis - I

Monday 5 August 2013

India’s public sector banks have a major problem. In 2007-08, the ratio of net nonperforming assets to total loans was just touching one per cent, below the average for their private sector counterparts - STATSGURU: The sorry state of India’s banking industry
A price index for agri commodities: A Business Standardand Indicus Analytics initiative - Commodity for the week groundnut

Thursday 1 August 2013