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Jagdish N Bhagwati, professor of economics and law at Columbia University interviewed by The Economic Times

-The Economic Times The World Trade Organisation (WTO) has honoured renowned economist and globalisation buff Jagdish N Bhagwati by inducting him into its Hall of Fame. The professor of economics and law at Columbia University, Bhagwati is the author of books as seminal as 'In Defence of Globalisation' and 'The Wind of the Hundred Days: How Washington Mismanaged Globalisation'. He spoke to ET about his decades-long campaign for trade liberalisation, his...

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Centre’s move will hit sugar supply: Jayalalithaa

-The Hindu CM criticises move to remove levy obligation on sugar mills Chennai: Chief Minister Jayalalithaa has strongly opposed the Centre's decision to remove the levy obligation on sugar mills, contending that it will impact on the public distribution system in the State. Under the levy obligation, as part of the regulation of the sugar sector, every sugar mill mandatorily surrenders 10 per cent of its production to the Central government at a...

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‘62% of Delhi-NCR households prefer organic food’ -Tuhin Dutta

-The Indian Express New Delhi: Around 62 per cent of high-income households prefer organic food due to rising awareness, higher disposable income and easy availability in the markets of big cities, a study by Assocham says. There has been a growth in the demand for organic products in metropolitan cities, especially fruits and vegetables, an increase of 95 per cent in the last five years. The survey titled "Rising demand of organic products...

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Finance Ministry agrees to Rs 1 lakh cr diesel, LPG subsidy for FY'13

-PTI NEW DELHI: Finance Ministry today agreed to dole out a record Rs 100,000 crore towards diesel and cooking fuel subsidy in 2012-13 but wants pricing formula to be changed from current year to cut down the outgo. Finance Ministry, which had previously given out cash subsidy of Rs 55,000 crore, agreed to give Rs 40,000-45,000 crore more to cover for unmet revenue losses on fuel sale in the fiscal year ending...

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Inflation spoils UPA’s report card -Sidhartha

-The Times of India NEW DELHI: For a man who prides himself as being the "original reformer", PM Manmohan Singh did not mention the word "reforms" even once in his speech on the ninth anniversary of UPA. And, it was only once that he talked of inflation. It was hardly surprising given that reforms do not seem to be on his radar in view of the tough political environment and inflation is...

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