Monday, 17 June 2013

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%