-Livemint.com Roots of disagreement lie in how farm support is calculated under WTO, with US blaming India for under-reporting subsidy given for wheat and rice Bengaluru: Farm subsidies seem to have become a major flashpoint in the escalating global trade war. In May, India came under attack from the US for its minimum support price (MSP) policy for foodgrain. India hit back, along with China, to demand that developed nations give up...
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As Consumers Reel from High Fuel Prices, OMCs Make a Killing Off Inventory Gains -Noor Mohammad
-TheWire.in Indian Oil, BPCL and HPCL together made inventory gains of over Rs 12,000 crore in the April-June 2018 quarter alone as the price of crude rallied. New Delhi: Indian consumers of petrol and diesel may be reeling under high prices but oil marketing companies (OMCs) and the government are having a great time. The three state-owned companies – Indian Oil, BPCL and HPCL – together made inventory gains of over Rs 12,000...
More »Total government liabilities rise to Rs 79.8 lakh crore in Q1: Finance Ministry report
-PTI NEW DELHI: Total liabilities of the government increased to Rs 79.8 lakh crore at end-June 2018 from Rs 77.98 lakh crore at end-March 2018, latest data on public debt showed Friday. Public debt accounted for 89.3 per cent of total outstanding liabilities at end-June 2018 with internal debt accounting for 83.0 per cent share. Nearly 24.9 per cent of the outstanding dated securities had a residual maturity of less than five years....
More »Kerala floods: Man-made or nature's fury? -TV Jayan
-The Hindu Business Line The rejection of the the Gadgil panel report, by all the six States along the Western Ghats, has proved to be a costly error The floods of catastrophic dimensions that ravaged Kerala recently have brought into sharp focus the all-round ecological destruction caused by human interference in the State’s hilly terrains. The fact that there were 12 major landslides and hundreds of minor ones within a fortnight in the...
More »Call to ban group targeting journalists
-PTI Washington: A global media watchdog has urged the Indian government to ban a group of nationalists targeting "biased" journalists online, saying the harassment of those who don't toe the line of the ruling party was reaching "alarming proportions". The watchdog, Reporters Without Borders (RSF), said that with the general election nearing, journalists must be able to express themselves without having to fear for their physical or professional survival. "Otherwise, Indian democracy...
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