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Despite Scandals, Indian Mining Bosses Thrive by Jim Yardley

Janardhana Reddy insists he is not a king. No, no, no, he protested, as a servant trotted across the courtyard to deliver a cup of cooled water. Men with machine guns stood outside. An architect waited to discuss the new mansion, while another man hovered nearby, sitting in the grass. “He’s the state minister of health,” Mr. Reddy said of the man in the grass, who stood up, made a little...

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Inflation forecast for India to be scaled up

Tight Money policy means more capital inflows: ADB Lower middle class worst affected by inflation Infrastructure development, farm productivity can help With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September. Speaking to the media after the launch of the ADB's flagship annual statistical...

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Food economy’s persistent rot by Himanshu

It is not every day that we have more than 60 million tonnes of foodgrain in our granaries. It must be an achievement, considering we were living literally from ship to mouth even in the 1960s. Unfortunately, what could have been a matter of pride has turned out to be a national shame, that too the second time in this decade (the first was in 2001). As Karl Marx said,...

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West UP farmers spurn govt carrot, stir spreads by Rajesh Kumar Singh and Hemendra Chaturvedi

The violent agitation by farmers in western Uttar Pradesh spread further on Tuesday, despite the state government's offer of more Money as compensation for land acquired for the 165 km long Noida-Agra Expressway. While the agitating farmers of Aligarh and Mathura rejected the government's offer, farmers in neighbouring Agra district also began protesting on Tuesday. Under pressure from agitating farmers and political parties, the Mayawati government on Monday night increased the total...

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BJP, Cong slam BSP for exploiting farmers

Bhartiya Janta Party will set up a memorial to honour farmers who lost their lives in the police firing at Aligarh, declared the BJP state president, Surya Pratap Shahi. Addressing a farmers' meeting in Aligarh on Tuesday, Shahi said that farmers were being exploited by the BSP and suffering as its consequence only because they lacked to put up a collective front. Now, the BJP, he said, would strive to...

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