-The Hindustan Times Although some detailed exposés of India’s nefarious role in purchasing or leasing agricultural land in other countries — notably in Africa — have been surfacing in the last few years, the full picture of what some critics term a land grab and new form of colonialism has only emerged during the Rio+20 environmental meet in June. The Washington DC-based think tank, the Worldwatch Institute, released a report based...

-NDTV India is likely to raise diesel prices after the presidential polls on July 19, an oil ministry official said on Thursday, as the government attempts to cut the amount of money it pays out to keep prices lower. "This has been the thinking for quite some time," that a price rise could come after presidential polls, the official said, requesting anonymity. "It is inevitable. By how much I can't say," he added. The...

Pointing out that fiscal deficit was a cause of concern, C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, said on Friday that action on reducing fuel and fertilizer subsidies would be taken “as early as possible.” “I would not like to put a time frame, I can only say that action will be needed and therefore will be taken as early as possible,” he told journalists on...

-The Hindustan Times Following a steep fall in global crude oil prices, the oil marketing companies have slashed Petrol Prices by Rs. 2.46 to Rs. 3.22 a litre — the second reduction this month — from Thursday midnight. Now, petrol in Delhi will cost Rs. 67.78 a litre — down by Rs. 2.46 — from Rs. 70.24 a litre. In Mumbai, the price will come down by Rs. 3.10 to Rs. 73.35...

The oil marketing companies are likely to slash the Petrol Prices by up to Rs. 4 a litre from July 1. The trigger: The steep fall in global prices of crude oil as well as petrol on which the companies base the domestic prices every fortnight. The price cut will come as a big respite for the consumer after the recent increase of Rs. 7.54 a litre on May 23...