Farmers' protesting ban on cotton and onion exports on Monday created a few moments of panic as they set ablaze a trolley-full of cotton some 200 metres from the Nagpur airport building. The situation was soon brought under control and farmers dispersed after the symbolic protest. Over 2000 farmers led by Bacchu Kadu, the maverick independent MLA from Achalpur in Amravati district, marched through the busy Wardha road to airport...

With the prices of most of the vegetables soaring, the Income Tax sleuths on Friday carried out massive raids on the offices and godowns of the wholesale traders in onion and garlic in major Cities and towns of Gujarat. The outcome of the raids that started in the morning was not immediately known, but informed sources said the idea was to check whether the wholesalers were unduly holding stocks to take...

Top economic advisor in the finance ministry on Wednesday blamed cartels among traders for the skyrocketing prices of onion. “There are forms of implicit cartels working among the traders that block the movement of new entry, the appearance of new players,” chief economic advisor Kaushik Basu said while explaining the reasons behind the onion price rise. The price of the vegetable, which is ruling at Rs 60 per kg, went up...

Two large industrial projects, one poor state, two likely different outcomes — and a long-haired, flamboyant environment minister-turned-crusader starring in both. No, this is not your latest blockbuster but it has the makings of one. As reported Monday, Posco, the South Korean steelmaker, cleared a major regulatory hurdle in its bid for a massive steel project in Orissa. An environment ministry panel gave clearance for an initial steel production capacity of...

The Supreme Court has said no person can be convicted merely because he was associated with a subversive organisation, unless he has shared its unlawful purpose or participated in its unlawful activities, in a judgment that could affect the fate of Binayak Sen and Maoist ideologues convicted by lower courts. Apart from being held guilty of sedition, Sen, a doctor, has been convicted for his links with Maoists. The judgment may...