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Foreign investment in developing countries must involve local farmers to succeed – UN

-The United Nations International investments must give local farmers and active role and leave them in control of their land if they are to have a positive effect on the host country’s economy and advance development, according to a report released today by the United Nations food agency. Produced by the UN Food and Agriculture Organization (FAO), the report – Trends and Impacts of Foreign Investment in Developing Country Agriculture – emphasizes...

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A futures shock from FCI-Devinder Sharma

-The Business Standard Turning the country's food procurement agency into an international trader will fan inflation and hunger At a time when the Global Hunger Index 2012 ranks India 65th among 79 countries, K V Thomas, minister of state for food and public distribution and consumer affairs, has revealed that the Food Corporation of India (FCI) will soon trade wheat in the futures market. Seeking clearance from the Forward Markets Commission, the...

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Sebi asked for details on RIL-RPL deal in insider trading case-Anirudh Laskar, Aman Malik and Khushboo Narayan

-Live Mint Information commission asks Sebi to disclose details of consent order proceedings, identities of entities involved  Mumbai/New Delhi: The Central Information Commission (CIC) has directed India’s stock market regulator to disclose all details related to the insider trading case involving Reliance Petroleum Ltd (RPL) in 2007, in a move that could have a bearing on not just the functioning of the Securities and Exchange Board of India (Sebi), but also the...

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Call to account

-The Indian Express The Comptroller and Auditor General of India Vinod Rai told a meeting of the World Economic Forum that the “brazenness” with which government decisions were being taken is “actually appalling”. A day before that, he had told students in Shillong that the “suffering majority had begun to speak up”. In times when corruption is the central issue and the government evidently suffers from a credibility deficit, the statements...

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Pharma pricing policy to be discussed today-Sushmi Dey

-The Business Standard If the Cabinet clears the proposed policy, the Department of Pharmaceuticals would have to notify this before the SC?s next hearing on the matter on Nov 27 The Cabinet is likely to take up the proposed National Pharmaceutical Pricing Policy tomorrow, government sources said. The policy is aimed at capping the prices of 348 essential medicines at the weighted average of all drugs in a particular segment, with...

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