-The Indian Express Prime Minister Manmohan Singh’s direction to his ministers to update details of their business interests, assets and liabilities has yielded an interesting profile of his cabinet. The financial status of the powerful — how much wealth they have and how they invest it — always draws curiosity. Dr Singh sticks to fixed deposits, keeping his investment beyond controversy. A.K. Antony’s loan funds a second-hand car. And Kamal...
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US universities in Africa 'land grab' by John Vidal and Claire Provost
Harvard and other major American universities are working through British hedge funds and European financial speculators to buy or lease vast areas of African farmland in deals, some of which may force many thousands of people off their land, according to a new study. Researchers say foreign investors are profiting from "land grabs" that often fail to deliver the promised benefits of jobs and economic development, and can lead to environmental...
More »CIC pulls up Delhi Government for not displaying details of MLAs' spending by Gaurav Vivek Bhatnagar
Govt. wasted two deadlines, while MCD has already finished similar task Commission extends deadline to June 25; Chief Secretary to take stock of situation Sign board telling expenditure under Local Area Development Fund of 70 MLAs to be installed The Delhi Government, which often blames the Municipal Corporation of Delhi for the tardy pace of development, has been caught napping by the Central Information Commission in the matter of complying with its order of...
More »Ramdev's business empire worth over Rs 1,100 crore
-PTI Yoga guru Ramdev, who is on an indefinite hunger strike against black money and corruption, today made public details of his business empire worth over Rs 1,100 crore, claiming everything was in order. On his sixth day of fast, Ramdev addressed a press conference here during which his close aide Balakrishna said that the capital involving the four trusts run by him totalled Rs 426.19 crore while the expenditure incurred...
More »World food prices set to remain high-FAO
High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012 according to the latest analysis published today in FAO's biannual Food Outlook. The report cites a sharp rundown on inventories and only modest overall production increases for the majority of crops as reasons for continuing strong prices. The next few months will be critical in determining how the major crops will fare this...
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