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Veerappa MOily proposes 'Bus Day' once a week

-IANS NEW DELHI: As part of its efforts to conserve fuel, the union government proposes to declare one day in a week as " Bus Day" when all employees will use public transport, petroleum minister M Veerappa MOily on Tuesday said. "One day in a week is to be declared as 'Bus Day' as part of the petroleum ministry's mega fuel conservation campaign," MOily told media persons here. "I have also urged all...

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India may achieve 2nd highest foodgrain output this kharif

-PTI NEW DELHI: India is likely to achieve the second highest foodgrain production at 129.32 million tonnes this kharif season (summer crops) on better monsoon, but rice output is seen declining marginally. Agriculture Minister Sharad Pawar said a record foodgrain production is expected in full 2013-14 crop year on account of good rain and "there will be a rebound in agriculture growth" from 1.9 per cent in the last financial year. An improvement...

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Ripple effect of rising fuel prices: Get used to high food prices, RBI can do little to counter them -Avinash Celestine

-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spOilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...

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CM Launches Rajiv Gandhi Ann Yojana in HP

-Outlook Shimla: Himachal Pradesh Chief Minister Virbhadra Singh today launched Rajiv Gandhi Ann Yojana under the Food Security Scheme in the state. Of the state's 68 lakh population, about 37 lakh would be benefited by the scheme, Singh said after handing over ration bags to 104-year-old Mast Ram and Vidya Devi (70) of Sunni area of the district at a function at Ridge maidan here. Beneficiaries under the scheme would get three kgs...

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90% onion stocks over, hoarders could look to make a killing-Dipak Kumar Dash

-The Times of India NEW DELHI: Onion hoarders and unscrupulous traders could be looking to make a killing over the next 15-20 days as 85-90% of the country's onion stock is over and only 3-4 lakh tonnes remain available for consumption. Since traders are aware of the depleting stock, and know that arrival of the kharif crop from October will ease supplies and depress prices, they seem to be trying to extract...

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