-PTI   Even as the logjam at Maruti's Manesar plant continues, another strike has commenced at solar panel and CD-maker Moser Baer's Noida unit, where workers are demanding a revision in wages and bonuses. "Unfortunately, a very small group of approximately 150 associates from the packaging section of one of our optical disc plants, out of around 10,000 associates, have come up with unreasonable demands," Moser Baer India CEO (Blank Optical Media...

There is a China hand in India's inflation, one important reason why the steady rise in interest rates may not be cooling the high inflation. About 25% of imported inputs that go into manufacture of goods produced locally are imported from China. In addition, a third of consumer goods imported into India come from China. The inflation in goods exported by China was 10% in July, much higher than its overall...

The Union government is inclined to examine specific requirements of States individually while implementing the proposed legislation on food security. When it was brought to his attention that crores of people in the State would be left out of the Public Distribution System as the ceiling for coverage of urban population stipulated in the draft National Food Security Bill was 50 per cent and the provisional figures of Census 2011 pointed...

-FAO   Food price volatility featuring high prices is likely to continue and possibly increase, making poor farmers, consumers and countries more vulnerable to poverty and food insecurity, the United Nations' three Rome-based agencies said in the global hunger report published today.    Small, import-dependent countries, particularly in Africa, are especially at risk.  Many of them still face severe problems following the world food and economic crises of 2006-2008, the UN Food and...

-Reuters Cotton farmer Ravindra Krishna Patil in Maharashtra should be feeling flush after strong monsoon rains and a good crop, but high costs have cast a pall over his preparations for the festive season. Instead of splashing out on gold jewellery, appliances or maybe even a car during the biggest shopping season of the year, 28-year-old Patil must count his rupees after costs of everything from fuel to labour soared while cotton...