The Flood situation worsened further in the western districts of Uttar Pradesh with the death of four more persons in rain related incidents even as around 177 villages of Bareilly, Badaun, Pilibhit and Shahajanpur were inundated. Meanwhile, Congress President Sonia Gandhi has arrived here to undertake an aerial survey of the Flood-affected areas, officials said. "The Congress President Sonia Gandhi, who this morning undertook a tour of Flood and cloudburst hit...

Food inflation will defy government policies to remain in high single-digit levels in the long run, unless there is a change in an overwhelming bias among farmers towards staples such as wheat and rice, say economists and policymakers. A steady growth in population and rapidly rising income levels are adding to inflationary pressure at a time when agricultural productivity is showing a decline. A major reason is that the agriculture...

At least 76 people have died and several are still missing in Uttarakhand after cloudbursts and landlslides triggered by heavy rains. The region has seen some respite after four days of heavy downpour. The Chief Minister himself took stock of the situation in Haridwar and Almora districts, which have been most affected by the Floods. Congress President Sonia Gandhi too visited the nature ravaged state on Tuesday accompanied by Defence Minister...

“If countries impose export ban, import duty, there will be an inflationary trend” The outlook for global wheat production is still positive Restrictions can cause inflationary trend on food prices in 2011 and 2012 The drought in Russia and the Floods in Pakistan that have affected wheat production will impact food prices as in 2007-08, says a senior official of the World Food Programme. WFP Deputy Executive Director Ramiro Lopes da Silva says: “The...

India’s monsoon rains were 19% above normal in the week to 15 Sept., the weather office said on Thursday, feeding concern cotton and groundnut harvests could be further delayed in Asia’s third-largest economy. “The monsoon withdrawal is unlikely at least in the next couple of days,” said a senior official of the weather office who did not wish to be named. Rains had already exceeded averages by 26% in the previous week. Signs...