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Food prices fall after three months stable, index declines for third successive year –UN

-The United Nations After three months of stability, the United Nations Food and Agricultural Organization's (FAO) Food Price Index declined in December, meaning the index fell over the course of 2014 for the third consecutive year. The 1.7 per cent fall in December, which comes after the index had appeared to bottom out last month, was credited to continued large supplies and record stocks, combined with a strong US dollar and falling...

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Wither Away the Pressure on India's Patent Law -Saradindu Bhaduri

-Vikalp Once again, India is under pressure from the US to revise its patent law. Anyone familiar with the activities of the United States Trade Representatives (USTR) would know that this is nothing new. It has been among the USTR's primary mandates to use trade restrictions in order to persuade (to put it mildly) countries to strengthen their IPR laws. There is, however, a qualitative difference between the actions it has...

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India third on black money list: report

-PTI Global Financial Integrity puts the cumulative illicit money moving out of the country at Rs 28 lakh crore in 10 years Washington: As India continues its pursuit of suspected black money stashed abroad, an international think-tank has ranked the country third globally with an estimated USD 94.76 billion (nearly Rs 6 lakh crore) illicit wealth outflows in 2012. As a result, the cumulative illicit money moving out of the country over a...

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Boiling over -Madhuparna Das

-The Indian Express The lynching of a tea estate owner in Jalpaiguri last month has stirred up trouble in the already edgy tea gardens of north Bengal, where lockouts, labour unrest and poverty form a volatile mix. It's all quiet at Labour Lines, the workers' quarters of Sonali Tea Estate in Jalpaiguri. It has just been two days since Rajesh Jhunjhunwala, the 45-year-old owner of the tea gardens, was lynched by a...

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New Shame: Modern Slavery Thriving in India

Far from being dead and gone, slavery exists in many forms and is flourishing. A disturbing report on modern slavery compiles facts and figures and documents data about new forms of slavery all over the world. Even more disturbing is the fact that India figures in very high on slavery index. It says that almost 61% of those living in modern slavery are in 5 countries: India, China, Pakistan, Uzbekistan...

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