Tuesday 25 June 2013

When analyses take a pre-ordained course, the relevance of the underlying research comes into question - Lost in the sands of time

India Fast Improving Its Poor Track Record Rise in rural income sees sharper fall in poverty level between 2009-10 and 2011-12 - Now less than 25% Indians poor

Monday 24 June 2013

If the weather remains benign in the next few weeks, the normal sowing area could be exceeded. Overall, across the country, rainfall was 42 per cent more than normal during June 1-21 -Good rain spurs sowing of pulses, oilseeds
The telecom Regulatory Authority of India, or Trai, has moved to cap roaming fees for telecom companies, leading to an outcry from some of them - STATSGURU: Why Trai’s cap on roaming charges has telcos seeing red
A price index for agri commodities : A Business Standardard Indicus Analytics initiative - Commodity for the week - Soybean
The country is starved of electricity with a demand-supply gap of more than 10 per cent, and growing - It’s a coal fact, consumer has to pay
Nuclear Power Corporation of India Limited (NPCIL) has given a categorical assurance to people that the proposed Kovvada nuclear project in Srikakulam district will be safest on the lines of other existing projects in India - Country’s growth depends on nuclear energy
Growth will be mere 4.8% if logjam in policy-making continues, says NCAER - ‘GDP Growth Likely to Slip Below 5% in 12th Plan Period’

Thursday 20 June 2013

Planning is crucial in generating continuous income from farming - Three hectare dryland continues to generate constant income
Yields of four major crops were not rising fast enough to meet projected global demand in 2050, warns a study published today (June 20) in the journal PLoS ONE - Crop yields will not meet 2050 global demand
Will Inida economy bpounce back to pre-crisis Levels? - India awaits a last minute booster

Wednesday 19 June 2013

Around June 13-14, the southwest monsoon was stationed around central India and was expected to gradually move towards the northern parts by June-end - North witnesses fastest monsoon onset in 52 years

Monday 17 June 2013

Maize is India's third most important cereal crop. While the commodity went through a high price spiral in 2012 with significantly lower output, both globally and in India, this year so far, prices have softened considerably - Commodity for the week - MAIZE
The behaviour of the rupee in recent weeks has brought the size of India’s current account deficit into very sharp focus - A long haul
As the southwest monsoon makes stupendous progress across large parts of the country, reaching most areas a week to 10 days ahead of schedule, the sowing of paddy, the most important foodgrain grown during the kharif season, has started on a brisk note - Paddy sowing sees a spurt across the country
THE US Federal Reserve has indicated that it will at some point scale down its bond-buying scheme -STATSGURU: Making sense of the rupee’s fall against the dollar

Saturday 15 June 2013

Friday 14 June 2013

The World Bank today forecast growth in India's gross domestic product (GDP) to stand at 6.7 per cent in 2015 - 16, primarily owing to a boost in exports and private investment - World Bank predicts India’s 2015-16 growth at 6.7%
As had happened last year, the government made a mistake while calculating April’s industrial production numbers - Govt revises April industrial output growth

Thursday 13 June 2013

Growth, inflation and external stability are caught in gridlock - Murky macroeconomy
Industrial production grew at a sluggish two per cent in April, the first month of the current financial year, despite a low base (data in the same month last year) of minus 1.3 per cent, official data showed today - Industrial growth muted at 2%
Rapid and inclusive growth in the medium term does not look too likely if one examines the array of unattended constraints - Tightening constraints to inclusive development
Official data on Wednesday revealing a tepid industrial growth in April with no distinct signs of recovery and a higher-than-expected retail inflation in May further added to the disappointing economic environment - Factory output decelerates to 2 % in April
A quarter of all maternal deaths occur due to anaemia, and 19 per cent due to calcium deficiency, both of which cause often-fatal complications at childbirth, as The Lancet data confirm - Stunting a country

Wednesday 12 June 2013

In India, agricultural commodity futures trading has seen several crests and troughs, owing to frequent regulatory action and rapid changes in hedging - ‘Our agri, non-agri business ratio is set to change’
Lack of government encouragement to AP Genco to set up new power projects has been listed by the Standing Committee on Energy matters as the main reason for the present power crisis in the State, resulting in a hefty power tariff hike for consumers - Sidelining of Genco main reason for power crisis
Might discuss Ordinance route tomorrow, note circulated among ministers listing discussion topics - Food Bill on Cabinet agenda
The southwest monsoon, the lifeline of millions of farmers, is expected to cover 90-95 per cent of the landmass by the end of June, within its normal time, said the India Meteorological Department (IMD) - Monsoon to cover most parts by June-end

Tuesday 11 June 2013

The Food Corporation of India had drawn flak for the tardy manner in which it handled mounting foodgrain stocks - Low wheat procurement addresses FCI’s storage woes
The MSME sector contributes around 9 per cent of India’s GDP and accounts for around 45 percent of manufacturing output - MSME share in exports was 43% in 2011-12
The US fiscal deficit is still dangerously high, but nobody is moving to reduce it - America’s deficit complacency
The country’s industrial output probably rose for a fourth consecutive month in April, but at a slightly slower pace, a Reuter’s poll showed, suggesting economic recovery remained tepid - April industrial growth could be 2.4%
Following India’s economic growth plummeting to a decade low of five per cent in 2012-13, economists say if one considers the first set of data released for April and May, There are no clear indications of a recovery this financial year - Yet to see green shoots of recovery: Economists
The measures taken by the government will lead to economic growth of at least 6 per cent in FY14 against a decadal-low growth of 5 per cent in FY13. According to him, the impact of the government measures would be felt from the second quarter or the second half of the year - ‘More than 6% growth is still possible in FY14’
The rupee today hit a record low to close at 58.14 a dollar, as foreign institutional investors (FIIs) withdrew from the country and the outlook on India’s current account deficit continued to be bleak - Rupee hits record low, makes it difficult for RBI to cut rate

Monday 10 June 2013

Inflation in bajra has been rising over the last year, peaking in December - Commodity of the week - Bajra
Gold continues to worry India’s policy makers,who have just announced a further increase in import duty by two percentage points to eight per cent,when it was practically nothing a relatively short while ago -STATSGURU: Decoding the rise and fall of gold as an investment

Sunday 9 June 2013

Small and medium enterprises (SMEs) have been the backbone of the Indian economy. That is both a good and a bad thing - SME Nation
Grain to a wider population at prices cheaper than what the Centre has proposed — it’s a winning formula for states - States take a bite out of Centre’s food security bill
The Centre, not in the pink, is making states share some of its financial burden - Weary Centre asks states to lift ‘burden’
Most informal enterprises in slums employ local residents, generating benefits for the local economy. They make profits, pay rent and taxes - Do the urban poor contribute?

Saturday 8 June 2013

Amid multiple sectoral woes, India is projected to see an electricity supply shortfall of 6.7 percent in the current financial year with the southern region expected to be the worst hit - India to see 6.7% power supply crunch this financial year

Friday 7 June 2013

Though the ability of farm mechanisation to turn agriculture around was well known, it was neither discussed so widely, nor practised so seriously in the past - Labour shortage: farm mechanisation gets a boost
Multi Commodity Exchange’s (MCX) market share rose by five percentage points in the first two months of this financial year, owing to aggressive participation by traders in the non-agricultural space, on higher volatility - MCX’s market share up on volatility in non-agri space
Earlier, the Food Corporation of India had drawn flak for the tardy manner in which it handled mounting foodgrain stocks - Low wheat procurement addresses FCI’s storage woes
The southwest monsoon advanced further over the central and western parts of the country today, an official at the India Meterological Department (IMD) said. - Southwest monsoon advances over central, western India

Thursday 6 June 2013

Wednesday 5 June 2013

The market for green certificates issued to developers, has collapsed alarmingly, casting a shadow on India’s ambitious plan for solar, wind and small hydro projects - Green Energy Projects Choke on Weak Demand

Tuesday 4 June 2013

HSBC’s PMI slips to 50.1 in May from 51 in April - Manufacturing output falls at 50-month low
The pass through of coal prices, if allowed, would mean rates for power produced from plants set up through the competitive bidding route go through the roof - Power and coal sectors headed for chaos

Monday 3 June 2013

Demand has been squeezed to such an extent that net sales of companies that have declared their quarterly results have on an average grown at only 7.3 per cent - STATSGURU: Some troubles in corporate results, but also green shoots
Gross energy generation in the country has been assessed as 975 billion units from power plants in operation and those expected to be commissioned during the year - CEA estimates gross energy shortage of 6.7% in 2013-14

Sunday 2 June 2013

The sowing area under sugarcane is likely to decline by 10 per cent this season following shortage of water in major producing states including Maharashtra, Tamil Nadu and Karnataka - Sugarcane acreage likely to fall 10% this kharif season

Saturday 1 June 2013

The Centre was able to rein in the Centre’s fiscal deficit at 4.9 per cent of gross domestic product (GDP) in 2012-13, against 5.2 per cent pegged in the revised estimate (RE) and 5.1 per
cent projected in the Budget estimate - Fiscal deficit down at 4.9% of GDP
Agriculture growth dropped to 1.4 per cent, a two-year low, in the fourth quarter of 2012-13 due to a drop in kharif foodgrain production as well as rabi wheat output - Farm growth at 2-year low of 1.4%
Weak consumption & investments pull down growth; core also disappoints - Annual GDP growth at a decade low