-The Hindustan Times The European Union on Friday staunchly defended its decision to re-engage with Narendra Modi a day after it emerged that the Gujarat chief minister had a quiet lunch with the ambassadors of the member countries here early this year, ending a decade-old boycott.   The January 7 lunch is likely to be seen as a major boost for Modi, who after his third successive win in the western state, is...

-The United Nations World food prices are steady after three months of decline with increased prices for oil and fats balancing out lower cereal and sugar prices, the United Nations Food and Agriculture Organization (FAO) today said. FAO’s Food Price Index – which measures monthly changes in international prices of a basket of meat, dairy, cereals, oils and fats, and sugar – remained at 210 points in January, same as in December. The...

-Outlook At a time when Narendra Modi is reaching out to cross-section of people nationally and internationally, the European Union today stressed on the "accountability" for the 2002 Gujarat riots, maintaining that the matter was of "interest" to everyone. It also said the issue of 2002 riots figured in its meeting with Modi, who had met the EU delegation last month after victory in the Gujarat assembly polls. "Modi came to (have) lunch...

-The Hindu In his article in The Hindu (editorial page, “Making a mockery of domestic gas pricing,” January 18, 2013, Surya P. Sethi attacks the gas pricing formula proposed by the Rangarajan Committee, curiously enough, for being based on numbers from foreign markets that do not reflect the supply, demand or cost of production in India. I say “curiously” because on the exact opposite side, domestic producers are also pillorying the committee’s...

-IPS News Officials at the World Bank are forcefully rejecting a new internal evaluation that is highly critical of the institution’s decade-long forest policy, expressing their “strong disagreement” with some assertions in the report. The assessment, written by the Independent Evaluation Group (IEG), the World Bank Group’s auditor, warns that expectations for poverty reduction as envisioned in the bank’s 2002 Forest Strategy “have not yet been met”. The report is particularly critical...