-Outlook Government today reduced minimum export price (MEP) of onion to USD 150 a tonne from USD 350 to boost shipments and check sharp fall in domestic prices that has led to farmers protest in producing states. This is the third downward revision of onion MEP, the benchmark price below which the commodity can not be exported, this month. On December 16, the Centre had reduced it to USD 800 a tonne...

The Times of India NEW DELHI: The fact that inflation has been an area of concern for some years now is well known, but exactly what goods and services have seen prices rise most sharply? School fees, a CSO study shows, have seen the most dramatic spike over the tenure of the UPA, up 433% between March 2004 and March 2013. The chart topper is quite ironic given the much-talked about Right...

-Outlook A surge in food prices ripped common man's pockets as the UPA government paid for its failure in the assembly polls in four states and may feel the heat in next year's general elections as well if it is not controlled. Prices of kitchen essentials such as onions spiked to a record Rs 100 per kg and tomatoes touched Rs 80 in some states during the year, pushing the food inflation...

-The Business Standard The only way to fix food inflation Both the inflation figures for November and current market reports indicate that the contours of food inflation have changed tangibly of late. While the prices of pulses, edible oils and sugar have tended to either moderate or decline, those of staple cereals, notably rice and wheat, and of perishable items, chiefly vegetables and fruits, continue to propel food inflation higher. The blame...

-The Hindu There is no disparagement of subsidies in Madhya Pradesh and Chhattisgarh because those who attack the social welfare policies of the Congress regard them as examples of good governance by a party of the Right Three propositions dominate explanations of the Congress party's rout, the Bharatiya Janata Party's impressive victory and the Aam Aadmi Party's stunning success in Delhi in the recent Assembly elections. One, that there is a strong...