-The Hindu The World Bank has joined the chorus warning the world of an impending food crisis with damaging food price inflation. In its late-August edition of its Food Price Watch the Bank reported that global prices for food as reflected by its Food Price Index rose 10 per cent in July 2012 alone. The prices of staples such as corn and soya bean were at an all-time high that month,...
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I-T Deptt Probing Black Money Cases: CBDT
-Outlook The Income Tax Department today said it is investigating cases of black money holders on the basis of information furnished by foreign countries and will initiate prosecution proceedings wherever required. The department has taken a similar action against those individuals who figured in the LGT bank accounts list. "These cases are spread across the length and breadth of the country according to the Assessing Officers (AO) having jurisdiction. "They (AO) are quasi-judicial authorities...
More »UN calls for action to reduce health and environmental risks posed by use of chemicals
-The United Nations Governments must urgently act to reduce the health and environmental hazards posed by the increase in use of chemicals in industries worldwide, says a United Nations report launched today, which stresses that more sustainable management policies are needed to address this growing risk. Produced by the UN Environment Programme (UNEP), the Global Chemicals Outlook report argues that a shift in the production, use and disposal of chemical products from...
More »The era of cheap food may be over-Larry Elliott
-The Guardian A spike in prices caused by poor harvests and rising demand is an apt moment for the west to reassess the wisdom of biofuels The last decade saw the end of cheap oil, the magic growth ingredient for the global economy after the second world war. This summer's increase in maize, wheat and soya bean prices – the third spike in the past five years – suggests the era of...
More »Ratings row-Sagnik Dutta
-Frontline The NDTV suit against a media research firm highlights the need for an independent, neutral system of monitoring TV viewing. AS a legal battle between NDTV and TAM Media Research is about to take off in the New York Supreme Court, broadcasters and advertisers in India are going all out to voice their criticism of the methodology adopted by TAM. NDTV filed a suit in the New York State Supreme Court...
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