-The United Nations Global food prices declined for the third consecutive month, largely driven by lower international prices for grains, soy and palm oil, while sugar, meat and dairy prices were also down, the United Nations Food and Agriculture Organization (FAO) reported today. The Rome-based agency said its Food Price Index averaged 205.9 points in July, which is 4 points below June and 7 points lower than in July 2012. The Index measures...

-PTI NEW DELHI: Admitting to increased stances of rejection of food consignments by EU in the last three years, government today said it is taking steps to ensure compliance with the European norms. To a question that whether reports about increase in notifications by the European Union against food Exports from India due to presence of contaminants are correct, Minister of State for Commerce D Purandeswari said: "Yes". There have been an increase...

-The Economic Times PUNE: Although India is known the world over for its basmati rice, there are hundreds of local non-basmati varieties that are rich in taste and aroma but still not known to urban consumers. Maharashtra is likely to be the first state to take steps for branding and marketing of these varieties. Maharashtra, a major producer of pulses but not so known for rice, has recently floated a tender to...

-The Indian Express Greater economic growth, not more subsidy, has resulted in poverty falling like never before Given how poverty levels have fallen sharply, from 37.2 per cent of the population in 2004-05 to 21.9 per cent in 2011-12, the question is whether this is due to rising economic growth or a more sprawling subsidy regime. Since the government plans to bring in the Food Security Bill, it is easy to guess...

-PTI NEW DELHI: Amid rising onion prices hurting consumers, Agriculture Minister Sharad Pawar said he was not in favour of a ban on onion Exports, saying such a move will hit India's image as a global supplier of farm produce. The Minister said the rise in onion prices is a "temporary situation" as heavy rains in major producing states like Maharashtra have affected supplies. "It is not fair to ban export of any...