-The Hindu India should take its cue from Brazil and invest in ethanol as a viable commercial substitute for costly petrol The public and media were outraged recently after a suggestion that petrol stations could be closed from 8 p.m. to 8 a.m. to curb consumption. Oil import is the heaviest burden on India's foreign exchange, at $144 billion last year. The situation could get worse, given the potential for an increase...
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Ripple effect of rising fuel prices: Get used to high food prices, RBI can do little to counter them -Avinash Celestine
-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...
More »Wasted food for thought
-The Hindu That one-third of the food produced annually for human consumption is wasted is in itself unconscionable in a world where 870 million, or one in eight people, go hungry every day. A United Nations Food and Agriculture Organisation report now says that this high volume of wastage that occurs right through the food supply chain exerts an adverse impact on land, water, biodiversity and climate change. This impact...
More »90% onion stocks over, hoarders could look to make a killing-Dipak Kumar Dash
-The Times of India NEW DELHI: Onion hoarders and unscrupulous traders could be looking to make a killing over the next 15-20 days as 85-90% of the country's onion stock is over and only 3-4 lakh tonnes remain available for consumption. Since traders are aware of the depleting stock, and know that arrival of the kharif crop from October will ease supplies and depress prices, they seem to be trying to extract...
More »Veneer of fairness -TK Rajalakshmi
-Frontline The government pushes through the Land Acquisition Bill, but critics say it will take away more than what it purports to give. CLOSE on the heels of the passing of the National Food Security Bill, the Congress-led United Progressive Alliance government pushed through its other game-changer initiative, the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2013, or LARR Bill, ostensibly to address the injustices...
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