-The Business Standard UN report shows holes in govt's food security proposal The United Nations' Food and Agriculture Organisation (FAO) has worked out the cost of malnutrition to the world economy: about five per cent of its annual gross domestic product, or $3.5 trillion, in terms of foregone production and health expenditure. Even more important is the FAO's assessment of potential gains from investment in enhancing the nutritional standards of the population....
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Muted MSP hike positive for food inflation: Nomura
-PTI MUMBAI: The recent five per cent hike in the MSP against 15 per cent average hike in support price for farm produce in the last six years is likely to have only a nominal impact on food inflation Japanese brokerage firm Nomura said in its research report. Government last week raised the MSP of nine farm items, including some pulses and oilseeds, in the range of Rs 60-450 per quintal for...
More »Natural gas price doubled, may trigger price rise -Anupama Airy
-The Hindustan Times Biting the bullet on a tough reform measure, the government on Thursday took a politically sensitive decision to double natural gas prices to $8.4 (about Rs. 510.13) per unit from April 1 next year. This move will push up the price you pay for everything from food items to public transport. On the positive side, the decision is expected to attract foreign investors in the energy sector as the...
More »Government to consider gas price hike tomorrow
-PTI NEW DELHI: The Cabinet will on Thursday decide on raising natural gas prices for the first time in three years even as the move faces stiff resistance as it would result in rise in electricity tariff and fertiliser cost. The oil ministry's proposal to price all domestically produced natural gas as per a complex international hub and imported LNG-based formula suggested by the Rangarajan panel is listed as item number 8...
More »Private weather forecasters contest Met Department's early monsoon theory -Madhvi Sally
-The Economic Times NEW DELHI: The weather office may have jumped the gun in declaring last week's torrential rainfall in northern India as monsoon showers. Private forecasters say the devastating downpour was a freak pre-monsoon phenomenon that has been followed by dry weather. The India Meteorological Department insists that monsoon rains arrived two weeks early, but private forecaster Skymet says the claim is debatable. It says northern India will get the next...
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