Fog not only delays trains and flights, causes road accidents and makes the winter season depressing but also causes the prices of eggs to rise. The recent increase in egg prices is attributed to fog and the prices are likely to increase again as soon as the visibility drops. To add to that, onions and tomatoes are also becoming more expensive. According to Shabir Ahmed, secretary, Poultry Federation of India, eggs...

From onions, sugar and coconuts, to tea, pulses, rice and spices, all kitchen ingredients will remain expensive in the New Year as unseasonal rains beyond the monsoon wipe out India’s major crops. Worse, rains are hampering the sowing of winter wheat, coarse grains and oilseeds, putting further pressure on food inflation that touched a two-and-a-half month high at 14.44% on Thursday. Across the country, farmers are helplessly watching their fields turn into...

India is on course to top China as the world’s most populous country in 2025, the US Census Bureau forecast, potentially changing the dynamics between the Asian giants. The latest Census Bureau estimates out this week, which are in line with previous studies, predicted that India would have 1.396 billion people in 2025, surpassing China, whose population growth is more modest. China since 1980 has allowed most women to bear only one...

High cotton prices spun out enough problems for India’s $62 billion textiles industry, but weaved gains for growers and traders in 2010. Amid pulls and pressures from the conflicting interests, a ministers’ group under the guidance of finance minister Pranab Mukherjee kept reviewing the price and crop situation, with excessive winter rains playing spoilsport. The textiles industry pulled out all stops to lobby with the textiles, commerce and finance ministries seeking a...

Food prices globally are rising to dangerous levels. There is talk of a coming crisis, like the ones that produced riots around the world in 2008 and 1974. Many of the ingredients of a disaster are present, but governments can stop the problem before it causes too much damage. A warning sign is the price of traded staples like wheat, corn and rice. Prices shot up in 2010, soaring 26...