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Cost-push element behind rise in food prices, says Pranab

“States should ensure effective public distribution system”  Fiscal deficit at 6.8 per cent of GDP a challenge Dip in exports due to low demand following economic downturn in foreign markets Union Finance Minister Pranab Mukherjee on Thursday said increasing food grains productivity, ensuring effective distribution of subsidised essentials to vulnerable groups and allowing duty-free import were some of the steps taken to control the spiralling prices of essential commodities. Speaking at the 109th...

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CBI Books 18 cops for fake encounter by Amita Verma

Almost six months after MBA student Ranbir Singh was killed in an alleged fake encounter in Dehra Dun, the CBI has filed a chargesheet against 18 police personnel, including seven for murder, in the CBI court in Dehra Dun. The CBI filed murder charges against seven police personnel, including Arag-har Chowki in-charge G.D. Bhatt, for allegedly kidnapping and killing Ranbir Singh on July 3. The CBI also accused all 18 cops...

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Shining Bright by Manav Chopra

The new joke on Dalal street is that gold prices are soaring, not because of increased demand in the US, India and China, but because Shilpa Shetty has bought half the gold in India for her wedding dress! Jokes apart, the yellow metal has hit headlines recently because of its spectacular rise. Prices have spiked as investors now prefer gold to the weakening US dollar. The US economy has lurched...

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Social Banditry by Ramachandra Guha

The novelist and critic, C.S. Lewis, said he had no time for those who thought that since they had read a Book once, they had no need to read it again. The great works of literature were to read again and again. The urge to go back to a Book was prompted sometimes by aesthetics, the desire to savour once more its artful or elegant prose; and, at other times,...

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For India and China, a Climate Clash With Their Own Destiny by By Anand Giridharadas

Imagine that the climate summit conference in Copenhagen this weekend was not a gathering of nations. Imagine a gathering of delegates from the many ages of a single nation. The fault lines would not be India and China versus the global rich, but rather China 1800 versus China 1978 versus China 2100. It would be a negotiation not between different lands but between different historical facts, different levels of survivalism....

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