-PTI Pawar says sugarcane planting has not yet begun in Maharashtra due to the second consecutive year of poor rains Agriculture minister Sharad Pawar on Wednesday said sugar output is likely to decline for the second straight year to 24 million tonnes (MT) in the year starting October 2013 due to an expected lower sugarcane crop in Maharashtra.   In 2011-12 (September-October), the country had produced 26 MT of sugar. However, the output for...

-Live Mint India’s water security outlook has been labelled ‘hazardous’ in report published by Asian Development Bank India’s water security outlook for 2013 has been labelled “hazardous” in a report published by the Asian Development Bank (ADB) titled Asian Water Development Outlook 2013.   A hazardous outlook implies inadequate levels of public investment, regulations and enforcement related to water. India was given the lowest water security index rating of 1 (on a scale of...

-The Times of India Retail inflation soared in February on the back of stubborn food prices sustaining pressure on consumers and complicating the policy choice for the central bank. Data released by the Central Statistics Office (CSO) on Tuesday showed the inflation rate based on all-India general CPI ( consumer price index) for February was 10.91% compared to 10.79% for the previous month. The inflation rates for rural and urban areas for...

-The Economic Times Vegetable prices have dropped thanks to good supplies across the country. Onion, tomato and potato prices have fallen by almost 20%-25% in the last fortnight bringing relief to consumers. Traders say prices are likely to remain low till June. Indians consume nearly 15 million tonne onions a year. A drop in the prices of staple vegetables like onion and potato helps bring down food inflation, a major worry for...

-The Times of India The Manmohan Singh government's mission in a pre-election year seems cut out: To check and roll back retail food inflation that rose from 4% in January last year to 13% in December, a trend that could blight its 2014 poll ratings. With food prices accounting for half of overall inflation, this group stayed above 10% most of last year, higher than the overall consumer price index figure of...