The revised estimates of national income by the Central Statistical Organisation for 2009-10 present a generally positive picture of the economy. During the year, the economy grew by 7.4 per cent, marginally higher than the 7.2 per cent projected in February's advance estimates. A better-than-expected 8.6 per cent growth during the fourth quarter is the main reason. Industry has been a star performer. The strong performance of the crucial segments...

The right to food has gained significant recognition in Africa, Asia, Latin America and South Asia, but more national institutional reforms are needed to ensure that the fight against hunger is rooted in legal mechanisms, a United Nations expert has said. “Boosting food production should not be confused with realizing the human right to food,” said Olivier De Schutter, the UN Special Rapporteur on the right to food. “If the international...

Posco, the world's fourth largest steel maker, was in January ranked among a global list of 100 companies that will last for the next 100 years. Interestingly, governance, transparency and capacity to handle environment-related issues are taken into account in selecting these 100 companies "Posco will not only last the next 100 years, but will go beyond, and India will play a big part in our story of survival and growth", CK...

Not so long ago, the prospect of a global sugar shortage gave food manufacturers a panic attack. Poor weather conditions hitting crops in the world's two biggest sugar-producing nations, Brazil and India, sent the price of the sweet stuff soaring on international markets. In August last year, US firms such as Kraft Food, General Mills and chocolate-maker Hershey were so worried that they wrote a joint letter to the country's...

Noted agriculture scientist and Rajya Sabha member M.S. Swaminathan on Wednesday asked the government to formulate a well-devised strategy to maximise the benefit of a good monsoon (that is predicted) to achieve a growth rate of at least five per cent in farm and allied sectors. “Climate-resilient agriculture” “Had we had a scientific monsoon management strategy, we could have minimised the loss last year,” he said inaugurating the National Consultation...