-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...
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Inflation at 14-Month High, Food Prices Rise by 20%
-Outlook Costly vegetables, particularly potato and onion, pushed the November wholesale inflation to a 14-month high of 7.52 per cent, making it difficult for the Reserve Bank to ease key policy rate. Vegetable prices shot up by 95.25 per cent in November as compared to 78.38 per cent in the previous month, said the Wholesale Price Index (WPI) inflation data released today. The overall inflation in the food segment comprising wheat, pulses, vegetables,...
More »One world of climate and trade-Sunita Narain
-The Business Standard India has emerged as a "voice" in climate change and trade negotiations. The already industrialised countries say that India is obstinate, strident and unnecessarily obstructionist in crucial global debates. The problem is not that India is loud - this it needs to be. The fact is that, while ecological and economic globalisation are interlinked and irrevocable, there is a fundamental weakness in the overall rules that govern these...
More »Prices of pulses to remain subdued for next few months: Crisil
-PTI MUMBAI: Prices of pulses are expected to remain low in the next few months following good monsoons, high acreage, lower hikes in minimum support price and moderate demand, according to a report by rating agency Crisil. "Pulses inflation is likely to stay low over the next few months thanks to good monsoons, higher acreage, lower hikes in minimum support prices and moderate demand," the CrisilBSE -0.74 % report said. Food inflation in...
More »The R&D yield -Ajay Vir Jakhar
-The Indian Express Government must step up private sector involvement in agricultural research. Why Bharat Ratna awardee C.N.R. Rao called the acts of politicians "idiotic" is for him to elaborate. Perhaps he was referring to those advocating a ban on GM research in India. After all, Rao has vehemently urged a five-fold increase in funding for research and development in agriculture. That includes research on GM crops. On the food front, we have...
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