The rise in the price of sugar, pulses and some vegetables that were in short supply pushed inflation up in November to 4.78 per cent, souring investor sentiments in the stock market. The wholesale price-based inflation jumped to five per cent from 1.34 per cent in October, according to the monthly inflation data released on Monday. ...

Even as reports pour in of a softening of food price futures, the spectre of food price inflation haunts households across the country. But to imagine that the inflation genie can be put back into the bottle through legislative fiat is the height of parliamentary fantasy. The Estimates Committee of the Lok Sabha has recommended just that! It wants new legislation to check price rise of essential commodities by capping...

Recently there has been considerable media discussion about the issue of rise in prices of essential commodities and the problem of food inflation. In a country like India, where the cost of food forms major part of the monthly or daily expenditure incurred by an average family, this is a debate which acquires poignant significance. This is a government that came into power based on a concern for and commitment...

Unprecedented rise in potato prices pushes up inflation  Food inflation soared to 15.58 per cent for the week ended November 14 in the wake of an unprecedented rise in the prices of potato and other essential items. Official data based on the Wholesale Price Index (WPI) released here on Thursday for the week revealed that while potato prices have more than doubled in the past 12 months, other basic food...

India should insist that developed nations take the lead with substantial emission reductions, in line with the IPCC recommendations. Any non-binding agreement committing all nations without distinction should be rejected.  It is a measure of the current state of global climate negotiations that the only point on which all nations are likely to agree is that the prospects of an agreement at Copenhagen are far from bright. The moral and...