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Muted MSP hike positive for food inflation: Nomura

-PTI Mumbai: The recent five per cent hike in the MSP against 15 per cent average hike in support price for farm produce in the last six years is likely to have only a nominal impact on food inflation Japanese brokerage firm Nomura said in its research report. Government last week raised the MSP of nine farm items, including some pulses and oilseeds, in the range of Rs 60-450 per quintal for...

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The Bhaiya Express to misery-Badri Narayan

-The Hindu Indentured labour may be a forgotten part of our colonial economic history but Bihar and eastern Uttar Pradesh are still sending ‘Girmitya' to toil in distant lands The descendants of indentured labourers, who migrated from eastern Uttar Pradesh and Bihar to erstwhile colonies, recently met at The Hague in the Netherlands to commemorate 140 years of migration - perpetuated through a system popularly known as ‘Girmit.' They gathered from all...

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Govt bans popular diabetes drug and analgin -Rupali Mukherjee

-The Times of India Mumbai: The government has banned three popular medicines-the widely prescribed anti-diabetes drug pioglitazone, painkiller analgin and anti-depressant deanxit-in the wake of health risks associated with them. While it's believed that pioglitazone can cause heart failure and increases the risk of bladder cancer, analgin has been discarded the world over on grounds of patient safety. Deanxit, on the other hand is a harmful combination, which has been long...

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Vegetable prices rise 50 per cent owing to bad weather -Madhvi Sally

-The Economic Times NEW DELHI: Vegetable prices have risen up to 50% in Delhi, Mumbai and other parts of the country as farms near the Yamuna river in northern India are flooded, while dry weather in many parts of western India have hit output. The deluge in parts of northern India has also wiped out muskmelon and watermelon apart from hurting the mango crop. Traders said it would take two to four...

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South tops in bank access; Maharashtra, Gujarat below national average

-The Times of India NEW DELHI: Southern states have emerged on top on financial inclusion parameters, while the East and some of the developed states of the West - including Gujarat and Maharashtra - are below the national average. A new index on financial inclusion released by ratings and analytics firm Crisil on Tuesday showed that Puducherry topped the list, followed by Chandigarh and Kerala. In fact, most of the top slots...

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