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Deficient monsoon to add to food, non-food inflation: CMIE

-PTI The monsoon rains, which have been deficient by about 21 per cent this season, are likely to spur prices of food and non-food articles, economic think tank CMIE has said. "We expect the South-West monsoon to remain deficient and the major crop production to decline by 2.3 per cent. This decline in output of major crops is expected to add to the already high inflation seen in food articles," the Centre...

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Red flag in front of FDI in pharma too-Pranab Dhal Samanta

-The Indian Express At a time when the government is struggling to get past objections from its coalition partners to attract investment in certain sectors such as retail, aviation and pensions fund management, a grim internecine ministerial battle has applied the brakes on foreign direct investment flow into one of the more attractive and lucrative sectors — pharmaceuticals. Clearances for over Rs 1,000 crore FDI in this sector, the second largest in...

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Poor response from states on FDI in multi-brand retail

-The Times of India With the UPA government's efforts to build a consensus on allowing foreign retailers in the multi-brand retail sector going nowhere, Prime Minister Manmohan Singh on Wednesday urged the UPA allies to help evolve a consensus on the reforms measure. Participating in the first meeting of the newly set-up UPA co-ordination committee, PM said that it was necessary to build support for the move to let in foreign retailers. The...

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200 miners stuck in West Bengal coal mines rescued

-PTI Two hundred miners trapped in West Bengal coal mines have been evacuated, while efforts are going on to rescue 65 others stuck in Jharkhand mines.  265 miners were trapped in various coal mines of state- owned Eastern coalfields and Bharat Coking coal in the two states following massive power failure across the country due to grids collapse by 1300 hrs.  "All the 200 stuck inside Sodepur and Satgram mines in Burdwan (West...

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Identity of a recurring conflict-Sanjay Barbora

-The Hindu Political mobilisation along ethnic lines has played a dominant role in reinforcing group differences in Assam, with blatant disregard for the present realities of its demography For the people of Assam, the last few weeks have brought misery upon misery. No sooner had they begun to recover from the floods, than came the riots that have rendered thousands homeless in the Boro Territorial Autonomous District (BTAD). The violence has not...

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