Endosulfan, the pesticide which is widely believed to be responsible for thousands of deaths, diseases and devastation, was able to save its own life largely because of India’s questionable efforts at global forums. The controversial pesticide has been in news for a long time because of its harmful effects on humans, wild life and the environment. Obviously the $100 million industry is going out of the way to defend the...

Food inflation fell to 8.53 per cent for the week ended April 23 on the back of fall in prices of pulses, reversing the upward trend seen in the previous fortnight. Food inflation in the previous week was 8.76 per cent. The latest numbers are likely to come as a relief to the government and the RBI, especially at a time when the central bank's monetary policy for the fiscal, released...

India's food inflation nudged up after three successive weeks of decline to 8.74 per cent for the week ended April 9 compared to 8.28 per cent recorded in the previous week as fruits, meat and poultry products became costlier, official data showed on Thursday. Limited data on the wholesale price index released by the commerce and industry ministry also showed a rise in the index for Primary Articles, from 11.4 per...

Food inflation dropped sharply to 13.07% for the week ended January 29 from 17.05% in the previous week. According to data released by the ministry of industry and commerce on Thursday food inflation declined to a seven-week low due to decline in the prices of pulses and potatoes. On an annual basis, prices of potatoes declined 8.87%, while pulses fell 8.63% and wheat by 3.58%, the government data said. Although the...

After three days of hectic consultations with Cabinet colleagues and experts, Prime Minister Manmohan Singh on Thursday set up an inter-ministerial group under the Chief Economic Adviser to the Finance Ministry to review the inflation situation with particular reference to primary food articles. It will also assess international tariff trends and recommend action on the fiscal, monetary, production, marketing, distribution and infrastructure fronts to prevent “price spikes.” As an immediate measure to...