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Drought shadow on growth -Roshan Kumar

-The Telegraph Patna: Bihar's honeymoon with double digit growth appears to be headed for a rocky phase with the government today declaring 33 of the state's 38 districts as drought-hit. The agriculture and allied sectors, which contribute around one-fifth (18.91 per cent) of Bihar's gross state domestic product (GSDP), are staring at a lower growth rate for the second consecutive year. The overall growth rate of the state was a little...

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Inflation at 6-month high on onions

-The Times of India NEW DELHI: The rate of inflation accelerated to a six-month high in August on the back of spiralling onion prices, posing yet another challenge for RBI ahead of the monetary policy review as it struggles to tame volatility in the foreign exchange market. Data released on Monday showed the wholesale price index (WPI) rose an annual 6.1% in August, higher than previous month's 5.79%. The inflation rate...

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Onions drive inflation to six-month high at 6% in August-Somesh Jha

-The Business Standard Central bank chief Raghuram Rajan likely to retain stance later this week, say economists Inflation in onions skyrocketed to 244.62% in August against already high 119.4% in the previous month, jacking up the the rate of wholesale price rise to a six-month high of 6.10% from 5.8% in July, official data showed today. Ironically, onion prices can't be brought down by interest rate policy, but it is all set to...

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Food waste harms climate, water, land and biodiversity–new FAO report

-FAO Direct economic costs of $750 billion annually - Better policies required, and "success stories" need to be scaled up and replicated Rome: The waste of a staggering 1.3 billion tonnes of food per year is not only causing major economic losses but also wreaking significant harm on the natural resources that humanity relies upon to feed itself, says a new FAO report. Food Wastage Footprint: Impacts on Natural Resources is the first...

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Inside ammo to bust graft-Santosh K Kiro

-The Telegraph ■ Pushpa Devi, a homemaker-turned-panchayat representative of Baridih block, Bokaro, used Right to Information (RTI) Act to stop illegal sale of government land ■ Vijay Yadav, a ward councillor of Koderma, ensured through RTI Act that private English-medium schools adhered to Right to Education Act provisions and enrolled poor students under reservation ■ Mukesh Rajak, a youth from Madhupur block, Deoghar, used the RTI Act to expose MGNREGS irregularities Ranchi: They...

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