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Global food prices on the rise again: World Bank

-Reuters Latest World Bank food price index showed the cost of food rose 8% between December and March Global food prices are rising again, pushed higher by costlier oil, strong demand from Asia and bad Weather in parts of Europe, South America and the United States, the World Bank said on Wed nesday. The latest World Bank food price index showed the cost of food rose 8% between December and March. In the...

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Rural purchasing power waning on inflation, rising input costs-Heena Khan

But non-farm income keeps economy afloat   New Delhi, April 25: The rural growth story is slowly losing sheen because of inflation and rising input costs. In fact, rural price level is higher than urban price level. The March Consumer Price Index number for rural India stood at 116.3, while that for urban India stood at 114.6. Mr Ajay Sriram, Chairman and Senior Managing Director, DCM Sriram Consolidated Ltd, says the rural growth...

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Lalgarh’s missing M-Arnab Ganguly and Pronab Mondal

August 9, 2010, Lalgarh Ramkrishna Higher Secondary School: As many as 10,000 people stand in rapt attention. Another 40,000 people are stuck on the roads leading to the venue. The speaker: Mamata Banerjee, railway minister. April 24, 2012, Lalgarh Ramkrishna Higher Secondary School: Between 2,500 and 3,000 people listen to a speech on peace and development. Some start wandering around before the 30-minute speech is wrapped up. The speaker: Mamata Banerjee, chief minister. April...

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South Asia to receive average monsoon this year

-Reuters India may have average rainfall in 2012 despite fears the El Nino Weather pattern may emerge in the second half of the season South Asia is likely to receive average monsoon rains in 2012, a global forum relied on by governments for forecasting said, erasing the possibility of any drought in the region and India, which is a major consumer and producer of farm commodities. "The region is likely to receive average...

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US input to help India meteorological department predict rains better

As part of its efforts to forecast monsoon better, the India Meteorological Department (IMD) will incorporate readings from one of the latest US climate forecast models that is being improved for Indian conditions. IMD will release its monsoon forecast for this year in the middle of next week, while Weather experts from South Asia gathered in Pune will come out with their forecast for the South Asian region on Friday. Advanced countries...

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