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Petrol price may be cut by up to Rs 2 a litre soon-Piyush Pandey

-The Times of India Petrol car owners may soon heave a sigh of relief as oil marketing firms are expected to cut petrol prices by up to Rs 2 per litre on Friday due to falling international crude prices. Crude prices, which fell to $96.5 per barrel on Wednesday, the lowest level in the last one year, have provided enough legroom for the oil firms to reduce petrol prices.  State-owned oil marketing...

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16-53% increase in kharif MSP by govt may stoke food inflation

-The Economic Times The government has increased the minimum support price (MSP) for the kharif season in a range of 16% to 53% to motivate farmers and compensate for higher input costs but the higher purchase prices could stoke food inflation further.  The Committee on Economic Affairs ( CCEA) on Thursday raised the MSP of paddy by Rs 170 per quintal and those of oilseeds like groundnut, sunflower seed and niger seed...

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NSSO survey to cover entire India

-The Times of India No survey official has visited the village of Phisami, not far from India's border with Myanmar in Nagaland, or parts of the Andaman and Nicobar islands as the sheer remoteness of these areas made them off limits for enumerators.  This will change in July, when the 69th round of the National Sample Survey Organization's (NSSO) enumeration of socio-economic indicators gets under way as all of India will be...

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A ban on the use of crops with transgenic traits is unscientific and India needs new technologies to raise farm yields-Deepak Pental

Science and technology hold the key to developing low-input, high-output agriculture. The challenge is to use new technologies creatively and to make evidence-based decisions on the deployment of new technologies. Crop breeding is carried out to meet two broad objectives: one, to increase yields of a crop per se and, two, to protect the yield potential by developing crops resistant to diseases, pests and environmental extremes.  Both yield-enhancement and yield-stabilisation are...

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Hit by red tape, clinical trial companies eye South-East Asia for expansion-Divya Rajagopal

-The Economic Times   Pushed to the wall by an overly cautious drug regulator and an alarmist Indian government, clinical trial companies are looking at South East Asian countries to expand their business and escape the red tape of Indian authorities.  Clinical research companies (CROs), that were aspiring to become billion- dollar companies by 2010, had to rework their plans after a Parliamentary Standing Committee report questioned the allegedly unfair and unethical trials...

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