This week’s good news on food price inflation was evened out by the bad news on fuel prices hike. But, both were along expected lines. Thanks to the so-called “base effect” — the fact that last year this time food prices were rising sharply and since last year’s prices become the denominator in this year’s price ratio, the rate of inflation would be expected to moderate — and to an...

Large scale child labour persists in India, mostly in the agricultural sector and the informal economy despite initiatives by the government and instances of commercial sexual exploitation of minors are oft reported, a US report on the issue said on Wednesday. According to the India section of the annual report of the Department of Labor, children are exploited in the worst forms of child labour with a majority working in agriculture,...

With the BRT Wildlife Sanctuary in Karnataka going to get a tiger reserve status, the Soligas living there face imminent eviction.NEVER before have the tigers of the Biligiri Rangaswamy Temple (BRT) Wildlife Sanctuary burned so bright, either in popular imagination or in administrative priority. With the Union Ministry of Environment and Forests approving “in principle” the status of a tiger reserve for the BRT sanctuary, the endangered cat has taken...

Continuing with its trend towards moderation, inflation declined to 7.48 per cent in November, mainly boosted by lowering of pressure on certain food items.Inflation had stood at 8.58 per cent in October. It was 4.50 per cent in November 2009. For September this year, the inflation figure has been revised upwards to 8.93 per cent from the provisional number of 8.62 per cent.This is the fourth consecutive month when the...

Chief minister Arjun Munda has urged bankers and financial institutions to join hands with the state administration to launch a water conservation campaign to prevent a third consecutive drought in Jharkhand next year.Addressing officials of National Bank for Agriculture and Rural Development (Nabard) today at a meet on the bank’s credit plan for 2011-12, Munda said recurrent droughts had upset the state’s economy. He admitted the farmers were going through...