As the common man continues to reel under the spiraling rise in prices of essential commodities especially key food items and vegetables the forever-rising food inflation is posing a serious challenge to policy makers. Though top government officials, including the Finance Minister and the Chairman of the Planning Commission have repeatedly assured that the food prices will soon stop rising, in reality it has gone the other way.   The rising spree...

India's mobile market continues to boom but there are signs of saturation, particularly in urban markets, according to analysts. The country's urban market, which accounts for only 30 percent of the country's population but 70 percent of telecommunications subscribers, is close to saturation, research firm iSuppli said Wednesday. However, iSuppli expects the rural market to pick up the slack in urban markets. India will have more than 1.2 billion mobile subscribers...

Climate change and global food shortages could bring unexpected benefits for British farmers in the next two decades, ultimately relieving taxpayers of the burden of subsidising them, Caroline Spelman, environment secretary, has claimed. Ms Spelman said the UK was unlikely to suffer the severe water shortages that scientists predict will afflict other parts of the world, and that British farmers should be able to exploit greater demand for their produce. “Countries that...

Chief economic advisor to the finance ministry Kaushik Basu says the government should step in and acquire land for development projects to protect the interests of farmers. He also explains why the government cannot tackle food inflation by distributing free foodgrain among the poor. Excerpts from interview with ET: A large number of land-intensive project have run into opposition. Could it actually undermine our infrastructure thrust and growth? There is...

As dusk falls, the sound of children singing fills the air at the SOS Tibetan Children’s Village in Bylakuppe, five hours’ drive from Bangalore in southern India. Night descends on the tidy, stone-paved school campus carved out of the lush jungle. But darkness is dispelled when 20 solar-powered street lights on the campus begin to glow with a steady white light. Thirty dormitories set among groves of coconut palm trees are...