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Govt mulls allowing private traders in export of FCI wheat

-PTI The government today said it is working on a proposal to allow private traders in additional wheat export from the central stocks as part of its efforts to create space for the new crop. So far, the government has allowed export of 4.5 million tonnes of wheat from the Central pool stocks mainly by State-run trading corporations. "We are thinking of allowing private traders in export of additional wheat from the Food...

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Surrogacy as cover for trading in babies-Ujjwala Nayudu

-The Indian Express Ahmedabad: The uncovering of what appears to be baby trading has blurred the line between such rackets and surrogacy, amid signs that the woman not only sold off at least one child but has also struck a deal for one she is expecting. Manjula, or Mona Thakor, admits she was paid for a baby by a Ahmedabad gynaecologist who routed it to a couple. The crime branch has found...

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Losing the climate fight

-The Business Standard Worryingly, investment in clean energy declines  Global investment in clean energy will decline perceptibly this year for the first time in eight years, signalling an unwarranted complacency in the fight against climate change. A report by Bloomberg New Energy Finance says funding for renewable energy generation in the first three quarters of this year was $164.2 billion, down from last year’s $196.4 billion. The downturn is the steepest at...

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A futures shock from FCI-Devinder Sharma

-The Business Standard Turning the country's food procurement agency into an international trader will fan inflation and hunger At a time when the Global Hunger Index 2012 ranks India 65th among 79 countries, K V Thomas, minister of state for food and public distribution and consumer affairs, has revealed that the Food Corporation of India (FCI) will soon trade wheat in the futures market. Seeking clearance from the Forward Markets Commission, the...

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Sebi asked for details on RIL-RPL deal in insider trading case-Anirudh Laskar, Aman Malik and Khushboo Narayan

-Live Mint Information commission asks Sebi to disclose details of consent order proceedings, identities of entities involved  Mumbai/New Delhi: The Central Information Commission (CIC) has directed India’s stock market regulator to disclose all details related to the insider trading case involving Reliance Petroleum Ltd (RPL) in 2007, in a move that could have a bearing on not just the functioning of the Securities and Exchange Board of India (Sebi), but also the...

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