Speculative traders are making super-profits by fixing prices in the onion trade while the government is playing around with ad hoc fixes. On Tuesday alone, wholesale traders in Delhi bought onions at about Rs 34 per kg while it was sold in retail at Rs 80 per kg. That's a margin of Rs 46 per kg or 135%! About 11,445 quintals of onion were bought in the Delhi wholesale markets on...

FAO has warned that 2011 may witness a global food crisis. Proactive action is needed to meet the challenge of price volatility, chronic hunger, agrarian despair and climate change. The Food and Agriculture Organisation of the United Nations (FAO) has alerted developing countries about possible steep rises in food prices during 2011, if steps are not taken immediately to increase significantly the production of major food crops. According to FAO, “with...

If present political trends and shifts in Andhra Pradesh intensify, the State could see an election within a year. And not just over Telangana. When Chandrababu Naidu sits on a hunger fast for suffering farmers, you know something is afoot in Andhra Pradesh. Excessive rains have devastated the crops in the State. And losses have been enormous. But a farmer losing over Rs.15,000 on an acre of paddy will get less...

Chandrababu Naidu has managed to do outside the Andhra Assembly what he couldn’t within its four walls — train the national spotlight on the plight of farmers crippled by successive national calamities and inadequate compensation. The Telugu Desam president, who has been on indefinite hungerstrike at the new MLA quarters since Friday demanding higher compensation for farmers, was today forcibly taken into custody in the wee hours after a seven-hour drama...

Retail giants pushing the European Union-India free trade deal promise consumers a "new and dynamic retail experience" but ignore the fate of India’s "mom-and-pop" stores and some 40 million people they employ. Four years in the making, the EU-India Bilateral Trade and Investment Agreement made serious headway during Indian Prime Minister Manmohan Singh’s visit to Brussels Dec. 10 and is due to be signed and sealed early 2011. But the negotiations have...