-Live Mint Information commission asks Sebi to disclose details of consent order proceedings, identities of entities involved Mumbai/New Delhi: The Central Information Commission (CIC) has directed India’s stock market regulator to disclose all details related to the insider trading case involving Reliance Petroleum Ltd (RPL) in 2007, in a move that could have a bearing on not just the functioning of the Securities and Exchange Board of India (Sebi), but also the...
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Food, the new crisis-CP Chandrasekhar
-Frontline A recession-hit world is only just waking up to the prospect of the coming food crisis resulting in a period of political turmoil with unexpected consequences. For the third time in five years, the world is braced for another food crisis. Bad weather conditions are leading to projections of major production shortfalls in some of the world’s leading food suppliers. Substantially reduced access and sharp price increases are, therefore, expected to...
More »Wheat exports by private traders may be banned-Rituraj Tiwari & Madhvi Sally
-The Economic Times The government may ban wheat exports by private traders under open general licence despite having enough stocks to feed the country for two years due to concerns about high global prices and the drought-like situation back home that has triggered a 20% rise in wheat futures in a month. "There are chances that private traders may divert all the available wheat in the market -- released at subsidised rates...
More »US politicians must regulate finance to tackle the drought and food-price crisis-Raj Patel
-The Guardian US leaders worked hard to tackle the 1930s drought and food crisis. Today they are supine, offering the hungry only prayers If you're wondering whether the US drought will create a global food crisis, the answer's easy. It's yes, because there's a food crisis already. The latest year for which we have figures is 2010, when 925 million people were declared malnourished. Soon after the number was announced, the World...
More »India confirms drought as El Nino looms
-Reuters Monsoon rains will not be enough to save the country from its first drought in three years, the weather office said on Thursday as it forecast that the El Nino weather pattern should reduce rains again in the second half of the June to September season. India, one of the world's largest food producers and consumers with a population of 1.2 billion, last suffered a drought in 2009, which forced it...
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