-The Hindu The currencies of India, Indonesia, Brazil, South Africa and Turkey have fallen quite dramatically against the dollar in the past few months. Whatever their domestic weaknesses, the reasons for this unprecedented decline - ranging between 13 to 21 per cent - are primarily global. In the past 48 hours, as tension mounts in West Asia, an already unprecedented situation has become even more difficult. On Wednesday, the rupee, as...

-Down to Earth Our policy makers should move away from the income criterion for estimating poverty and take cognisance of other indicators Amid mounting criticism and heated debates about the poverty line, a challenge has resurfaced to examine whether there could be a single non-monetary criterion of estimating poverty. A poverty line is a monetary cut-off point below which a person is deemed to be poor. Thus, any attempt to measure poverty...

-PTI NEW DELHI: Due to lack of adequate storage infrastructure, fruits, grains and vegetables worth Rs 44,000 crore go waste every year, Food Processing Industries Minister Sharad Pawar informed Rajya Sabha on Friday. Pawar said during Question Hour that the value of annual wastage of fruits and vegetables was estimated at Rs 13,309 crore. However, if the wastage value of rice, wheat, cereals and others are taken into account, it would go...

-The Times of India NEW DELHI: The economic value of a healthy tree with respect to its oxygen producing capacity is roughly Rs 23.72 lakh per year, claims a report by NGO Delhi Greens. In an effort to prove that cutting even a single tree is a costly affair, the NGO has come out with a 'Report on Economic Valuation of Oxygen Supplying Ecosystem Service of Healthy Trees'. Their claim is based...

-The Times of India LUCKNOW: Illegal mining in Uttar Pradesh between 2005-11 caused a loss of Rs 1,400 crore to the exchequer, says a draft report of the comptroller & auditor general. The report, prepared on the activities of state geology and mining directorate, belies state government's claims on checking illegal mining and indicates that illegal mining is widespread. It reveals several procedural gaps in legal quarrying as well. The auditors, who...