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Panic buy in Punjab, farmers stock diesel to cut costs -Harpreet Bajwa

-The New Indian Express As crude oil prices soar to record highs, panic buying of diesel has started in Punjab  with a 70 per cent rise in sales as compared to the same period last year. CHANDIGARH: As crude oil prices soar to record highs, panic buying of diesel has started in Punjab  with a 70 per cent rise in sales as compared to the same period last year. People fear that...

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Crude Oil Prices Rise, Tracking Russia-Ukraine Conflict -Rahul Karunakar

-NDTV.com (with inputs from Agencies) Crude oil prices rose over 0.5% on Tuesday, as the Ukraine conflict drags on, albeit well below a seven-year high hit last week. Crude oil prices rose over 0.5% on Tuesday, as the Russia-Ukraine conflict drags on, albeit well below a seven-year high after Russia's invasion of Ukraine began last week, which is the most significant attack on a European country since World War Two. While global financial...

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Rural Distress Makes India Inc. Call for Higher MGNREGA Allocation -Rabindra Nath Sinha

-Newsclick.in By doing so, the corporate sector seems to have cautioned the government against expecting a fast rebound in industrial activity, as there is sizeable idle capacity in the absence of consumption demand. Kolkata: Rural stress and funds for the rural job guarantee scheme were surprise additions in the organised corporate sector’s listed points for the post-Budget interaction with the Union government held on February 5 under the aegis of the Confederation...

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Eating dust in paradise -Hindolee Datta

-The Telegraph The risks of mining in Goa far outweigh ‘developmental gains’ Over five years ago, Hartman de Souza, a Goan, wrote a very angry book, Eat Dust: Mining and Greed in Goa, about the political economy of mining, giving a harrowing account of the mining racket orchestrated by those with political power, money and influence during the Age of Greed (2008-2011). This year, four national political parties are fighting the Goa elections...

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Demand for lower cotton prices is not justified -A Narayanamoorthy

-The Hindu Business Line The textile industry’s vociferous demands will hit cotton farmers, who are facing the brunt of rising costs The recent rise in the price of cotton yarn seems to have hit the textile manufacturers hard, so, a large section of participants involved in value chain products of cotton has called on the government to take measures to arrest the price rise. While demanding higher taxes on cotton exports, they have...

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