Food inflation fell to 8.53 per cent for the week ended April 23 on the back of fall in prices of pulses, reversing the upward trend seen in the previous fortnight. Food inflation in the previous week was 8.76 per cent. The latest numbers are likely to come as a relief to the government and the RBI, especially at a time when the central bank's monetary policy for the fiscal, released...

An annual meeting of Asian finance ministers and central bank governors in Hanoi is set to address the fate of 64 million people in the region on the brink of extreme poverty. They are the worst affected by soaring food prices, which have hit record highs in the first two months of this year. "The issue of food price inflation and food security will indeed be one of the key topics...

Endosulfan, a powerful 50-year-old insecticide sometimes called DDT’s “cousin,” was officially banned last week at an international pesticides meeting in Geneva. Partial exemptions were created for India, however; the chemical may be used on some crops there for up to 10 years. Many countries outlawed endosulfan long ago because it is dangerous to farmworkers, accumulates in the body, kills beneficial insects and persists in the environment. The United States is an...

The empowered group of ministers (EGoM) expected to meet on Monday is expected to take a view on an agriculture ministry proposal to export wheat and rice. The proposal is not backed by the food ministry, which wants to take into consideration the interest of consumers, and its own compulsions under the proposed food security bill, before moving on exports under an open general licence. Officials said the food ministry is...

Bumper wheat crop poses new headaches Paradox Of Plenty     * Wheat projection of 84.27 million tonnes hit mandi prices     * Farmers await price revival; govt buys much below last year     * Wait for eGoM on exports as global demand, prices are higher     * Govt storage capacity already tight; fear of damage prevails     * Food security scheme launch to raise stock requirements *** It’s been a nerve-racking week for Brijesh Singh. The 34-year-old...