-PTI   High volatility and price swings in food commodities are likely to prevail for the rest of this year and could continue into 2012, UN body Food and Agriculture Organisation today said. “High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012,” Food and Agriculture Organisation said in a statement. The next few months will be critical in determining how the major crops...

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...

The Orissa government would wait for the views of its department secretaries in the next two weeks before taking a call on the renewal of the MoU with Posco. A high-level meeting of chaired by Chief Secretary B K Patnaik on Tuesday deferred a decision on recommending the revised Posco MoU to the Chief Minister as several department secretaries indicated that they needed time to study the new points. The government...

-The Times of India   The high drama over Baba Ramdev's midnight eviction and action against the peaceful gathering has shifted the focus away from the central is sue raised by the Baba – black money overseas – to the right to protest in a democracy. This being the case, there is danger of an uninformed debate on black money taking over, guided more by emotions and populist talk rather than...

While A. Raja's alleged shenanigans in the Telecom Ministry have been grabbing all the headlines, some activists are now urging the CBI to focus its spotlight on the tainted DMK leader's earlier role as Environment Minister. For example, Mr. Raja granted Korean steel giant Posco its first major statutory clearance in 2007 by approving the captive port component of its controversial Rs. 52,000 crore steel plant project in Orissa. Interestingly,...