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

Friday, 31 May 2013

Rupee recorded another 10-month low on Thursday against the U.S. dollar even as the Reserve Bank of India (RBI) Governor aired his concerns on stubbornly high retail inflation and widening current account deficit - Rupee sinks to new low
Cotton farmers are a happy lot, at least at the beginning of kharif this year, as they are able to purchase Bt cotton seeds much below the prescribed retail price -cotton seed price keeps farmers happy

Thursday, 30 May 2013

In India, annual GDP growth is expected to strengthen gradually, to around 5.3 percent in 2013 - OECD slashes India’s growth forecast for 2013
Index of Educations to track growth of the sector, which contributes about 4% to the GDP - Central Statistics Office Working on Education Index
As many as 1.2 billion people almost  the population of india ont have acces to electricity and 2.8 billion have to rely on wood or other biomass to cook and heat their homes,finds a world bank report - Three power points for india & the world
Think tank says country might have overtaken Japan, but lowers FY13 growth projection to 5.3% - India May’ve Become World’s Third Largest Economy: OECD
India will have to completely reverse how it focuses development activity in the coming decades - Towards 2050:development imperatives
The RBI’s conservatism has been criticised by the government and industry for stalling growth. But the facts suggest a weak correlation - The interest rate illusion

Wednesday, 29 May 2013

Centre’s nod for setting up three National Investment and Manufacturing Zones in State - ‘AP set to become a manufacturing hub’
To improve air connectivity in remote areas, the civil aviation ministry is considering a proposal to allow scheduled regional airlines to induct smaller aircraft for deployment on regional routes - Govt moots steps to improve regional air connectivity

Tuesday, 28 May 2013

Much-touted foreign direct investment (FDI) reforms notwithstanding, India received 38 per cent less of such inflows into the country at $22.4 billion in 2012-13 against $35.1 billion in the previous year, data released from The Department Of Industrial Policy & Promotion (DIPP) showed - FDI inflows into India

Saturday, 25 May 2013

Ahead of the arrival of the monsoon in June, water reservoirs have sufficient storage due to good winter rains earlier this year, improving the prospects of hydro power availability and kharif crops - Hydro reservoirs brighten power, kharif crop prospects

Tuesday, 21 May 2013

Monday, 20 May 2013

A price index for agri commodities: A Business Standard and Indicus Analytics initiative - Commodiy for the week - onion
Has India’s Parliament been getting worse over the past decade, under the United Progressive Alliance? According to Table 1, both the Lok Sabha and the Rajya Sabha have consistently sat for fewer days than supposed to over the session - STATSGURU: Taking stock of Parliament during the UPA’s rule