At a time when other countries are cutting down ethanol admixing with vehicular fuel due to tightening supplies of alcohol, India, oddly enough, is doing the reverse. The Union government has forced the states to raise ethanol doping of petrol from 5 per cent to 10 per cent immediately and has set the target of hiking it further to 20 per cent by 2017, least realising that the sugar industry,...

India's annual food inflation based on wholesale prices rose to 17.4% for the week ended January 16 from 16.81% the week before, according to official statistics released on Thursday. Essential items continued to rule firm, with potatoes dearer by 57.56% over the past 52 weeks, pulses up 46.87%, and vegetables costlier by 10.5%. But prices of onions declined 1.69%. The limited data on the wholesale index released by the commerce...

Each night, as temperatures continue to plunge and Delhi shivers through its coldest winter in the last decade, a few more people lose their lives on its streets. The people who succumb to the cold include rickshaw-pullers, balloon-sellers and casual workers, the footloose underclass of dispossessed people who build and service the capital city of the country and yet are forced to sleep under the open sky. They die because...

Without policy efforts to deal specifically with issues such as reduced incomes and unemployment, the global economic crisis will be far from over. FOR most economic commentators, 2010 begins on an optimistic note. Just a year ago, there was much gloom about the world economy. The worst financial crisis since the Great Depression had broken out in full fury; asset markets in the United States, Europe and then most developing...

The price of many commodities are expected to rise this year primarily fuelled by increased demand worldwide, the International Monetary Fund has said. The demand for commodities is anticipated to grow as the global economy is improving, after witnessing one of the worst financial meltdowns in 2009. "Looking ahead into 2010, prices of many commodities are likely to increase further. The demand side should generally be the main source of...