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India Post casts you in the net, reaches home by Souvik Sanyal & Harsimran Julka

The electronic post office launched this week has brought the familiar red and grey counters to your drawing room, making tiring trips and queuing up things of the past. The website www.epostoffice.gov.in offers money order service, stamps and e-tracking of registered posts to start with. It creates a virtual post office on computer screens and leads customers to the counters. The decision to launch an electronic post office was part of the...

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NREGS worker demands revised wages, is beaten to death by Manoj Prasad

A 50-year-old labourer, Subal Mahato, was allegedly beaten to death by his employer for demanding revised wages in accordance with the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), in Bokaro on Saturday night. According to NREGA Commissioner Ajay Kumar Singh, Mahato, a resident of Bathua village under Chas block in Bokaro district, was one of the nine workers hired to dig a well. The project, sanctioned for 2010-11, was undertaken...

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Wheat Hoarding Likely to Be `Widespread,' Prompting Price Gains, UN Says by Luzi Ann Javier

Global wheat harvests may trail demand for a second year, spurring hoarding and further price gains, said the United Nations. “Whenever you get the market as tight as we are now, hoarding becomes widespread,” Abdolreza Abbassian, a senior economist at the UN Food and Agriculture Organization, said in an interview by phone from Rome. Wheat, corn and soybeans soared to the highest levels since 2008 yesterday as a U.S. government report showed...

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Govt offers thesis on slush cash

The Centre today promised a “comprehensive study” to gauge black money but told the Supreme Court it couldn’t reveal information on such cash stashed abroad because of “confidentiality” clauses in overseas pacts. The government explained its stand in an affidavit in the Supreme Court, which had earlier rapped it for not doing enough to deal with the menace. The National Institute of Public Finance and Policy, the National Institute of Financial Management...

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Fruit, veggies and fuel... no relief from the spiral by Sidhartha

The Food and Agriculture Organisation has raised the red flag over a potential spike in global prices of sugar and cereals, especially wheat. Although India might just get away thanks to a bumper output this year, it could get caught in the spiralling milk and edible oil prices. In any case, the government has virtually thrown its hands in the air on taming fruit and vegetable prices. But it isn't just...

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