-The Times of India NEW DELHI: A UN report has projected steady decline in prices of foodgrains over the next decade, attributing the gradual price fall to increase in overall agricultural production and diversification of dietary choices towards meat and dairy products. The report, released last week, however, emphasized that prices of foodgrains would not fall below early 2000-levels "despite the advantageous scenario regarding global food pricing". It noted that additional agricultural...

-Outlook Sydney: The OECD today said India needs to address its infrastructure shortfalls and pervasive state control in business activities, among other things, to maintain robust growth. In its 'Going for Growth' report, the Organisation for Economic Co-operation and Development (OECD) called for structural policy reforms to boost growth. "To maintain robust growth, India needs to address its infrastructure shortfalls, pervasive state control in business activities and unequal access to quality education. "It also...

-Outlook The Income Tax Department today said it is investigating cases of black money holders on the basis of information furnished by foreign countries and will initiate prosecution proceedings wherever required. The department has taken a similar action against those individuals who figured in the LGT bank accounts list. "These cases are spread across the length and breadth of the country according to the Assessing Officers (AO) having jurisdiction. "They (AO) are quasi-judicial authorities...

-The United Nations Higher demand for food due to population growth, urban migration and other factors will require countries to increase their productivity, according to a new report co-authored by the United Nations, which warns that without more supplies, prices will rise significantly. “Higher demand will be met increasingly by supplies that come to market at higher cost. With farmland area expected to expand only slightly in the coming decade, additional production...

-PTI   Global food prices are expected to be higher in the 2011-20 period compared with the previous decade and this could have a “devastating” impact on the poor in developing countries, an OECD-FAO report has said. “Higher food prices and volatility in commodity markets are here to stay,” Organisation for Economic Co-operation and Development (OECD) and Food and Agriculture Organisation (FAO) said in a joint report released today. The report ‘OECD-FAO Agriculture...