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More economists cut India growth forecasts


More economists slashed their economic forecasts for India with Citigroup and CLSA cutting their outlooks for growth to 5.4 per cent and 5.5 per cent respectively in the fiscal year ending March, with

GPs parking funds derailing NREGA

What is stopping drought-hit Karnataka from getting additional funds from the Centre under the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA)? Surprisingly, it is the gram panchayats

Fodder supply hit in drought-hit states


Drought-hit states like Karnataka, Gujarat and Maharashtra are facing acute shortage of fodder and have petitioned the Centre to urgently address the issue as it could affect dairy industry.

The Chi

Drought delivers fresh blow to reeling economy


A summer drought makes a bad situation worse for an Indian economy already crippled by a sharp slowdown in growth, persistent inflation and a politically hamstrung government.

Late on Thursday, New D

Srisailam still parched

In the face of near despair as the two giant reservoirs in state, Srisailam and Nagarjuna Sagar continue to record nil inflow, there is something to cheer about. Almatti Dam, the first major project

Good drought, bad math


Listing discrepancies in the memorandum submitted by the state government for fiscal aid from the Union government to implement drought relief measures, Union rural development minister, Jairam Ramesh

Drought sparks fears for tractor sales


Tractor maker Mahindra & Mahindra shares fall 1.7 per cent as the growing likelihood of a drought in India threatens to hit rural sales.

Mahindra & Mahindra already saw tractor sales fall 2.4 per cen

Gujarat to get Rs 480 crore for drought relief


The Empowered Group of Ministers (EGoM) on drought headed by Agriculture Minister Sharad Pawar on Friday sanctioned Rs 480 crore as immediate relief to Gujarat for drinking water in rural areas and co

Monsoon seen deficient in 2012: Weather office


Monsoon rains will not be enough to save the country from its first drought in three years, the weather office said on Thursday as it forecast that the El Nino weather pattern should reduce rains agai

Drought could delay fuel reforms: Ahluwalia


The drought threatening India due to elusive monsoon rains will make it politically harder for the government to raise prices of subsidised fuel, delaying a reform urgently needed to rein in the count

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.