-The Telegraph   The New York Times has reported that Wal-Mart, the US-based Retail giant, hushed up an internal investigation sometime after the company was told of a bribery campaign to obtain licences and facilitate rapid expansion in Mexico. Some of the alleged instances of bribery are certain to ring a bell in India where it is not too difficult to bend rules for a price. The New York Times said its “examination...

PUNE: The cotton export debacle has created an oversupply of Bt seeds in the market with angry farmers expected to plant less area in the coming summer season. Companies are bracing for a price war in branded cotton seed, a far cry from the usual scenario where state governments impose a ceiling on maximum Retail prices. Cotton is India's most important farm-produced industrial raw material and contributes a third to the...

-The Times of India Taking a cue from the RBI governor D Subbarao, market leader Indian Oil Corporation indulged in grand standing on Tuesday by saying state-run Retailers would raise petrol price by almost Rs 10 per litre, if the government did not reduce excise duty or did not compensate their Rs 49-crore daily loss on the fuel. "We have been very patient, not raising prices since December despite our cost of...

The Rajasthan Youth Association Metro's food bank provides a meal a day to over 200 institutions across Chennai. Prince Frederick meets the people behind the 20-year initiative In its 2010 report, the United Nations' Food and Agriculture Organisation (FAO) states that just seven countries — India, China, the Democratic Republic of Congo, Bangladesh, Indonesia, Pakistan and Ethiopia — account for 65 per cent of the world's hungry.” The World Food Programme...

-DNA The state government’s proposal to let farmers circumvent the agriculture produce market committees and sell their yield directly to consumers — which essentially means whoever they wish to sell it to — needs to be welcomed even by those of us in the cities who may not be conversant with agricultural practices. While the middlemen who control the APMCs are bound to raise howls of protest about the attempt to overturn...