Curbing inflationary expectations is the priority Food price inflation has been in double digits for almost a year. Officially this week it is clocking up 20 per cent, the highest in 11 years. Stories of inflation in pulses and vegetables have appeared repeatedly in newspapers all over the country. The minimum support price for wheat has more than doubled in the past three years. The sugarcane farmers invaded the roads of...

The United Nations today launched a pilot project to provide Fuel-efficient stoves to some 150,000 women in Sudan and Uganda to cut the risks of murder, rape and other violence they face in gathering firewood, while at the same time protecting the environment. The Safe Access to Firewood and Alternative Energy in Humanitarian Settings (SAFE) stoves initiative organized by the World Food Programme (WFP) and other UN agencies, will be...

I have just returned after performing at the climate circus in Copenhagen. Like all sensible columnists, I will reserve my remarks on why the outcome was entirely predictable, till after the event! But as I attended this meeting of the Conference of Parties (COP) of the Climate Convention (UNFCCC) after a gap of some six years, a snapshot comparison of then and now may be more useful. The UNFCCC process started...

There has been no let-up in the rising trend of food prices. For the week that ended on November 28, the wholesale price index for food articles rose 19.05 per cent over the corresponding period last year. A week earlier, it was at 17.47 per cent. Indeed, arresting the price rise of essential commodities has been a challenge to the government for quite some time now. Some recent developments have...

European scientists cast doubt on whether oil alternatives can ever be sustainably produced in significant quantities.  Scientists at the European commission have cast doubt on whether bioFuels could ever be produced sustainably in significant quantities, dealing a blow to the aviation industry, which sees such Fuel as a key way to reduce its emissions. The researchers argue that the greenhouse gases emitted in making bioFuel may well negate most of...