The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...

With a significant improvement in levels of major irrigation reservoirs in the state, thanks to a robust north-east monsoon, Tamil Nadu can look forward to a decent production of Summer crops that can potentially arrest the rising prices of vegetables, pulses and food grains. And despite the power woes of farmers and shrinking area of farm lands in the wake of real estate growth, the state's agricultural yield seems to...

India, Switzerland had signed a protocol to amend the DTA last year It is expected to help India get details about illicit wealth India may have to wait till at least next year for information from Switzerland on the possible black money trail to Swiss banks, as a treaty for the same might come into force only by the end of 2011. The treaty needs to be ratified by various authorities in India...

Economists across the world are expressing concern about rising food prices. The United Nations Food and Agriculture Organization recently released its Food Price Index. The list showed that a number of foods cost more than during the world food crisis of two thousand eight. The index is at its highest level since it began in nineteen ninety. Demonstrations and deadly food riots have broken out this month, as they did in...

An intense spell of cold weather has disrupted life across northern India, reportedly claiming two dozen lives. The capital, Delhi, has been badly hit by the cold snap, along with Indian-administered Kashmir, Haryana, Punjab and Uttar Pradesh. In Leh in Kashmir, temperatures dropped to -23.6C - this winter's lowest - on Sunday, weather officials said. Delhi, which is experiencing one of its coldest winters in years, has been hit by thick fog which...