India's food inflation rose for the fourth straight week in early February, heightening worries that it was driving up headline inflation past official forecasts and increasing the chance of the central bank pushing up rates. The food price index rose 17.97 percent in the 12 months to February 6, higher than an annual rise of 17.94 percent in the previous week, data released on Thursday showed. The fuel price index rose...
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World’s poorest countries must diversify economies to beat poverty – UN
Economic diversification is vital if the world's most poverty-stricken countries, some of them depending on a single or a few raw materials or commodities, are to escape their predicament, a top United Nations trade official said today. “Some countries had been successful in diversifying their economies, in creating jobs, in improving governance,” UN Conference on Trade and Development (UNCTAD) Secretary-General Supachai Panitchpakdi told the opening session of a two-day meeting...
More »Peanut-as-food market growing
India’s love for peanuts is now such a mega trend that chikki and chivda are bigger money-spinners than groundnut oil, the most expensive traditional cooking oil. The popcorn generation has morphed the peanut from a stodgy oil crop into the nation’s favourite snack food. But hasn’t the peanut always helped us live through moments of excitement and ennui? Isn’t the volume of peanut shell litter a uniquely Indian indicator of...
More »Advertising, Bollywood, Corporate power by P Sainath
Issues today have to be dressed up in ways certified by the corporate media. They have to be justified not by their importance to the public but by their acceptability to the media, their owners and sponsors. That the terrible tragedy in Pune demands serious, sober coverage is a truism. One of the side-effects of the ghastly blast has been unintended, though. The orgy of self-congratulation that marked the media...
More »60 per cent of high school teachers remain unpaid by Sudipto Mondal
42,000 teachers have not been paid salaries for five to 10 months Even as the State Government attempts to stave off uncomfortable questions about its financial health, claims are surfacing that thousands of government and aided high school teachers have not been paid their salaries for over five months. In some cases, teachers of aided high schools have not been paid for nearly a year. A top official attributed part...
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