-The Times of India   Baba Ramdev's world is not just a popular yoga empire but a clutch of hugely profitable businesses, ranging from successful ayurveda products to a popular TV channel. Vedic Broadcasting Limited, which runs Aastha channel, made a net profit of Rs 2.30 crore on a total turnover of Rs 19.26 crore in 2009-10. The company mopped up Rs 18.50 crore revenue in advertisements, telecasting fees and others. The...

-PTI   Yoga guru Ramdev, who is on an indefinite hunger strike against black money and corruption, today made public details of his business empire worth over Rs 1,100 crore, claiming everything was in order. On his sixth day of fast, Ramdev addressed a press conference here during which his close aide Balakrishna said that the capital involving the four trusts run by him totalled Rs 426.19 crore while the expenditure incurred...

-PTI   High volatility and price swings in food commodities are likely to prevail for the rest of this year and could continue into 2012, UN body Food and Agriculture Organisation today said. “High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012,” Food and Agriculture Organisation said in a statement. The next few months will be critical in determining how the major crops...

Last week, a group of 40 economists wrote an open letter to United Progressive Alliance (UPA) chairperson Sonia Gandhi arguing for cash transfer as a mode of delivery for the proposed National Food Security Act (NFSA). The letter was carried in detail in several newspapers including Mint. The good thing is that there is now almost a consensus, at least among economists, that whatever be the mode of delivery of subsidy,...

High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012 according to the latest analysis published today in FAO's biannual Food Outlook. The report cites a sharp rundown on inventories and only modest overall production increases for the majority of crops as reasons for continuing strong prices. The next few months will be critical in determining how the major crops will fare this...