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Onions drive inflation to six-month high at 6% in August-Somesh Jha

-The Business Standard Central bank chief Raghuram Rajan likely to retain stance later this week, say economists Inflation in onions skyrocketed to 244.62% in August against already high 119.4% in the previous month, jacking up the the rate of wholesale price rise to a six-month high of 6.10% from 5.8% in July, official data showed today. Ironically, onion prices can't be brought down by interest rate policy, but it is all set to...

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India ahead of China in wasting food -Chetan Chauhan

-The Hindustan Times When it comes to wasting food items, India is ahead of China, says a UN report on food waste and its impact on natural resources. The grim news comes at a time when prices of most vegetables and fruits are high. The waste also takes a high toll on the country's natural resources because many of these items, rice for example, consume large quantities of water. It is estimated more...

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Women take over fields abandoned by men -S Poorvaja

-The Hindu MADURAI: Muthumari's day starts at 4 a.m. She milks her cows in the cowshed behind the house and keeps cans of milk ready to be collected by a pickup van from a private dairy company. Then she turns to her household chores and sends her children off to school. Packing the day's food for herself, she proceeds towards the fields in her village at Udayanpatti. She is not just a...

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The goat and the GDP -Surinder Sud

-The Business Standard Demand for products from the 'poor man's cow' is rising exponentially and should be encouraged. A goat is generally potrayed as a "poor man's cow". But that seems to be an understatement. Compared to cows, goats are more hardy, multi-utility, easy-to-maintain and prolific animals that can efficiently convert low-value vegetation, tree leaves and crop residues into high value meat, milk, hide, manure and fibre, including the much sought-after Pashmina...

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Food prices fall for third consecutive month–UN agency

-The United Nations Global food prices declined for the third consecutive month, largely driven by lower international prices for grains, soy and palm oil, while sugar, meat and dairy prices were also down, the United Nations Food and Agriculture Organization (FAO) reported today. The Rome-based agency said its Food Price Index averaged 205.9 points in July, which is 4 points below June and 7 points lower than in July 2012. The Index measures...

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