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Retail inflation hits double digits in April

-The Times of India Spiralling prices of vegetables, oils and Fats, milk and milk products pushed consumer price inflation to double digits in April in yet another hurdle to the Reserve Bank of India's efforts to ease interest rates. The double digit retail inflation rate also poses fresh challenges for the UPA government which has been on the back foot for its handling of the economy. Data released by the Central Statistics Office...

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Global food prices on the rise again: World Bank

-Reuters Latest World Bank food price index showed the cost of food rose 8% between December and March Global food prices are rising again, pushed higher by costlier oil, strong demand from Asia and bad weather in parts of Europe, South America and the United States, the World Bank said on Wed nesday. The latest World Bank food price index showed the cost of food rose 8% between December and March. In the...

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The trouble with junk food-Sunita Narain

-The Business Standard It is not in the interest of food companies to advertise what their products contain, but it is in our interest to know Junk food is junk by its very definition. But how bad is it and what is it that companies do not tell people about this food? This is what the Centre for Science and Environment (CSE) laboratory checked. The results were both predictable and alarming....

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Alcohol consumption three times higher among youngsters watching Bollywood movies: Study-Kounteya Sinha

Bollywood has now been blamed for fuelling India's love for alcohol. Alcohol use in Bollywood movies is directly influencing the drinking habits of India's adolescents, according to a new study presented on Friday at the World Congress of Cardiology in Dubai. Overall 10% of the students (aged between 12-16 years) surveyed in the study had already tried alcohol. But students that had been most exposed to alcohol use in Bollywood movies...

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Brace for price rise, kharif MSP may be raised up to 30%-Rituraj Tiwari

Consumers may have to pay substantially more for pulses, oilseed, and rice in the coming months if the government accepts the recommendations of an expert panel to increase farm-gate price of these commodities by up to 30%, further stoking food inflation. The Commission on Agricultural Costs and Prices (CACP), under the ministry of agriculture, has recommended a 25% rise in the floor price of cotton, 16% rise in paddy, 30% rise...

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