-The Financial Express After plummeting to a record low two months back, the retail price of potatoes has risen sharply due to lower supplies. The prices have been rising mainly due to expectations of a lower rabi output in the key producing states of Uttar Pradesh and West Bengal. Traders at Delhi’s Azadpur market say potato prices have risen in the last two weeks because of lower supplies from UP, West Bengal and...
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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...
More »Rise in natural resources prices appears to be hurting poor nations-UN report
-The United Nations A sustained rise in prices for raw natural resources and basic agricultural goods is defying long-standing patterns and appears to be hurting poor nations through rising food and fuel costs more than it is helping them through higher revenues for their commodities exports. That was one of the findings of the Commodities and Development Report 2012, a study launched at the 13th session of the UN Conference on Trade...
More »Decontrol of diesel prices unlikely
-The Economic Times The Centre has assured Trinamool Congress that deregulation of diesel prices would not be carried out soon, advertising its lack of resolve for tough reform measures. A Trinamool Congress leader told ET that minister of state in the PMO V Narayansamy has conveyed to the party that de-regulation of diesel was not government's priority. State-controlled oil companies had lost Rs 80,000 crore in the year ended March 31 on...
More »The Ghost’s In The Details, Ma’am-Aakar Patel
Arundhati has got it all wrong—the facts speak out against her romantic notions of the tribals’ fight Nirad C. Chaudhary wrote in The Continent of Circe that India’s tribals were mainly found in hill forests. This was because, he reasoned, they had been chased there by the invading Aryans, who displaced them from their river plains. In an essay published in this magazine (Capitalism: A Ghost Story, March 26), Arundhati Roy...
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