-Hindustan Times In signs of rising disparity in wealth distribution, only 928 households own a fifth of India's private wealth, according to a report by the Boston consulting group. The percentage of private financial wealth those 928 households own is 20%, the BCG report titled 'Global Wealth 2015: Winning the Growth Game' said. The number of such ultra high net worth households stood at 284 in 2013, and is projected to account for...

-The Indian Express With the spotlight on packaged foods’ failure to clear safety tests, The Indian Express samples 11 states and finds out how ill-equipped and understaffed their labs are. For a processed food market estimated at Rs 7.34 lakh crore by the Annual Survey of Industries, 72 state labs and 68 private ones with National Accrediation Board for Testing and Calibration Laboratories (NABL) accreditation are conducting tests in India’s 640...

-The Telegraph New Delhi: The summer monsoon weakened across large swathes of India in the past century, scientists said today, linking the reductions in rainfall to hitherto-unobserved trends that they say portend a dangerous drying of the Indian subcontinent. Scientists at the Indian Institute of Tropical Meteorology, Pune, said they had identified a significant weakening trend in summer rainfall between 1901 and 1912 over central and northern India, the Ganga-Brahmaputra basins and...

-Business Standard Expected delay in harvesting might keep commodities elevated for a month Mumbai: While the wholesale price index (WPI) might have turned negative primarily due to a steep decline in the prices of non-food articles, rising vegetable prices kept food articles firm in May. While drumstick prices showed a sharp rise of 130 per cent, articles of mass consumption such as brinjal, cabbage, bitter gourd and cauliflower recorded an upswing of 50...

-Business Standard Recent data on the FSSAI show its commendable performance. But there is an urgent need to address certain issues related to the way it functions and its infrastructure The recent controversy over reports of higher than permissible levels of lead and monosodium glutamate in some brands of instant noodles has brought into sharp focus the functioning of the government body that regulates food safety and standards in the country. How...