The food price inflation in India, measured by the wholesale price index of food items, touched a 10-year high for the week ended November 28, 2009 when it crossed 19% on point-to-point basis over the corresponding week a year ago. The cereal prices were up by about 13%, but pulses are up by 42%, and vegetables by 31%, although potato prices shot up by 102%. This is getting way beyond...

Activists also opposed to use of JCB machines Hundreds of protesting villagers march towards the Chief Minister’s residence The Gehlot government’s honeymoon with activist groups seems to be nearing its end with their growing frustration over the lackadaisical approach of authorities to the transparency clause in the National Rural Employment Guarantee Scheme (NREGS). Though among the best in the country in the implementation of the scheme, Rajasthan has seemingly gone back...

After a gap of almost a decade, all the nine major trade unions on Wednesday jointly staged a dharna in front of Parliament to protest against price rise, job loss, and disinvestment of public sector undertakings. This is the first time that the Congress-led INTUC has joined hands with All India Trade Union Congress (AITUC) and CITU, besides HMS and BMS. The All India Bank Employees Association’s agitation also coincided with...

A rogue’s gallery of corrupt politicians and entrepreneurs trying to create money out of thin air.  It is impossible to quantify the level of fraud in public spending on wind energy The European wind association does not have a code of conduct for developers A big Danish firm revealed that it was the victim of a 12 million euro fraud The northern trade winds of the Canary Islands have long tempted daredevil windsurfers,...

Business lobbyists complain that a regulatory tsunami is on its way. But some firms are embracing the proposed reforms “WHEN people hear the word regulation, they feel stifled, delayed, and many times they believe that government is being intrusive,” said Hilda Solis, America’s labour secretary, on December 7th as she unveiled plans for 90 new regulatory initiatives to improve the lot of workers. If you doubt her word, try mentioning regulation...