'No basis in the claim that poverty is down to 5%'

'Without a poverty line, how are we to know whether poverty is the same, or it has come down or it has gone up?' IMAGE: A homeless girl asks for alms outside a coffee shop in Mumbai. Photograph:......

Why 810 Million Indians Need Free Rations

Is it a case of poor targeting of a welfare scheme, or is it a reflection of the government's desire to expand the scope of this benefit to secure greater electoral dividends? asks A K......

Rice Economy Faces Turmoil as El Nino Turns Up Heat

In the coming months, globally as well as in India, rice might remain a hot potato. IMAGE: Women plant rice saplings in a paddy field in Assam. Photograph: Anuwar Hazarika/Reuters A fortnight or......

Wholesale price inflation rises to 4-month high on food price spike

Wholesale price inflation rose to a 4-month high of 2.36 per cent in October as prices of food items, especially vegetables, and manufactured goods turned dearer, as per the government data......

Inflation soars to 14-month high of 6.2% in Oct

Retail inflation breached the Reserve Bank's upper tolerance level, soaring to a 14-month high of 6.21 per cent in October mainly on account of rising food prices. Photograph: Amit Dave/Reuters......

India's services sector recovers from 10-month low

India's services PMI recovered from its ten-month low in September to reach 58.5 in October supported by strong expansions in output and new business, which in turn boosted job creation, a monthly......

Small, midcap rally may lose steam

After a strong run in the midcap and smallcap indices, which surged 46 per cent and 43 per cent, respectively, on the National Stock Exchange (NSE) during Samvat 2080, analysts suggest that the......