-The Business Standard Turning the country's food procurement agency into an international trader will fan inflation and hunger At a time when the Global Hunger Index 2012 ranks India 65th among 79 countries, K V Thomas, minister of state for food and public distribution and consumer affairs, has revealed that the Food Corporation of India (FCI) will soon trade wheat in the futures market. Seeking clearance from the Forward Markets Commission, the...

-WeeklyBlitz.net As India is approaching towards a general election in less than a year, the leader of ruling Indian National Congress has been listed as world's fourth richest politician with a total wealth of over US$ 18 billion, which is invested in real estate, telecommunication and various business projects around the world, while significant portion of the amount is also deposited in secret bank accounts. Italian born Indian politician Sonia Gandhi...

-Reuters   The world's urban areas will more than double in size by 2030, presenting an opportunity to build greener and healthier cities, a UN study showed on Monday.   Simple planning measures such as more parks, trees or roof gardens could make cities less polluted and help protect plants and animals, especially in emerging nations led by China and India where city growth will be fastest, it said. "Rich biodiversity can exist in cities...

Rising corn prices in the United States brought about by biofuel mandates have cost developing countries 6.6 billion dollars over the past six years, says a study by Global Development And Environment Institute at Tufts University (GDAE).  Net Food Importing Developing Countries, among the most vulnerable to food price increases, incurred ethanol-related costs of $2.1 billion, the study concludes. (See highlights and the links below). The recent spike in world food prices...

-PTI Melbourne: India has been ranked at a poor 115 by a global survey which looked into the level of economical empowerment of women in 128 countries.  The list was topped by Australia and followed by three Scandinavian countries -- Norway, Sweden and Finland.  At the bottom of the list were Yemen, Pakistan, Sudan and Chad.  The research done by an international consulting and management firm Booz & Company ranked India at 115 and...