The Ficci-Yes Bank report on farm mechanisation couldn’t have come at a more appropriate time. For one, since it suggests waiving of VAT and excise duty on farm machinery, this is the time the Budget exercise has just begun. More important, the study points out that, while the use of new devices in performing key farm operations is vital for doubling agricultural growth from the present 2 per cent, the...

India achieved the distinction of being the second fastest growing economy amid the global recession in 2009, but the joy was marred by the decade’s sharpest rise in food prices to the chagrin of common man. For a country that continued to lose on its exports throughout the year that has gone by, economy achieved a remarkable growth of about 7% (during April- September 2009) on the back of focused government...

Beijing had to take some harsh steps to reduce pollution ahead of last year's Olympic Games in the city. As the countdown for the Commonwealth Games in Delhi begins, here's some bad news. Delhi and its surroundings have some of the worst polluting zones in the country, according to a list of India's severely polluted industrial clusters released by the environment ministry on Thursday. Ghaziabad takes the third rank in...

The new joke on Dalal street is that gold prices are soaring, not because of increased demand in the US, India and China, but because Shilpa Shetty has bought half the gold in India for her wedding dress! Jokes apart, the yellow metal has hit headlines recently because of its spectacular rise. Prices have spiked as investors now prefer gold to the weakening US dollar. The US economy has lurched...

Despite a booming economy, nutrition deprivation among India’s children remains widespread.  “All human beings are born free and equal in dignity and rights.” So begins the Universal Declaration of Human Rights established 60 years ago and celebrated today around the globe. This year’s theme is non-discrimination. When it comes to nutrition, all of India’s children are not equal. According to India’s third National Family Health Survey (NFHS-3) of 2005-06, 20...