If the government accepts Oil minister S Jaipal Reddy's proposal, the price of small diesel cars could soon rise by Rs 1.7 lakh while medium-to-large guzzlers could become costlier by Rs 2.55 lakh a piece. The proposal to impose additional excise duty on diesel cars is bound to trigger protests from automakers, who have seen sales growing at the slowest pace in seven months in May. Domestic car sales declined 24%...

-Reuters Inflation may have accelerated at its fastest pace this year in May, driven by higher food and fuel prices, impeding chances of a rate cut by the central bank at its review next week, a Reuters poll showed. The wholesale price index, India's main inflation gauge, is expected to rise 7.60 percent in May versus a year ago, compared with April's 7.23 percent, the poll of 31 analysts showed. Forecasts ranged from...

Does long-term intake of a special form of insulin prevent diabetes and heart problems, but cause cancer? The debate has been raging in medical circles for long. Now, an international study involving 12,000 pre-diabetics settles two parts of it, but leaves the other open for further research. Results of ORIGIN (Outcome Reduction with Initial Glargine Intervention) study presented in the wee hours of Tuesday at the annual meeting of the American...

-The Economic Times Kulvinder Gill, professor of breeding and genetics at the Washington State University in the US, describes himself as a dreamer and an optimist. One of his dreams is to make sure food production does not decline over the next few decades, when increasing temperatures act on the yields of major crops. Specifically, he is beginning a project with six other organisations in India to make wheat less sensitive to...

-The Times of India Highlighting irregularities and delays in the issuing of BPL and ration cards, the CAG report has slammmed the food and supplies department for its functioning. The department’s failure to identify beneficiaries for its schemes, and under utilisation of foodgrains, kerosene Oil and funds also find a mention in the report.  “It cannot be safely concluded that the food management system in Delhi was functioning in a transparent and...