Packaged sugar now costs Rs 46 a kilogram in the retail market and there are no signs of prices levelling off. With loose sugar also costing Rs 43-44 a kg, the poly-packed product is inexorably moving towards the Rs 50 a kg mark, with the government appearing helpless in containing the spiralling prices. The steady rise in sugar prices since the second half of last year is a consequence of...

There is an alarming rise in sea level along the Indian coast since 2004, said Shailesh Nayak, Secretary, Ministry of Earth Sciences. Addressing the Indian Science Congress session on ‘Weather, Climate and Environment,’ Nayak said the seal-level rise during 2004-08 along the Indian coast was about 9 mm. The global average sea-level rise from 1961 to 2003 was 1.8 mm per year. The annual rate along the Indian coast was...

India achieved the distinction of being the second fastest growing economy amid the global recession in 2009, but the joy was marred by the decade’s sharpest rise in food prices to the chagrin of common man. For a country that continued to lose on its exports throughout the year that has gone by, economy achieved a remarkable growth of about 7% (during April- September 2009) on the back of focused government...

Amid rising food prices hitting the household budget, Finance Minister Pranab Mukherjee on Thursday said he has no "instant solution" to the problem. "Unlike instant coffee, there is no instant solution to such vexed problem as inflation," he told reporters when asked about the steps being taken by the government to check food inflation which almost touched 20 per cent during the third week of December. Discounting the possibility of...

In 2010, subject to government approvals, Indian farmers will seed their fields with transgenic brinjals—brinjals with a genetic variant that, courtesy Monsanty-Mahyco Ltd and a clutch of agricultural universities, protect them from insects. But 14 years ago, Polumetla Ananda Kumar successfully planted the first Indian transgenic brinjals in a field in west Delhi. Then he promptly burnt the entire crop to the ground. Kumar, head of the National Plant Biotechnology Centre at...