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Inflation at 14-Month High, Food Prices Rise by 20%

-Outlook Costly vegetables, particularly potato and onion, pushed the November wholesale inflation to a 14-month high of 7.52 per cent, making it difficult for the Reserve Bank to ease key policy rate. Vegetable prices shot up by 95.25 per cent in November as compared to 78.38 per cent in the previous month, said the Wholesale Price Index (WPI) inflation data released today. The overall inflation in the food segment comprising wheat, pulses, vegetables,...

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US opposition to ambitious Indian program a 'direct attack on the right to food'-Timothy A Wise

-GlobalPost.com Opinion: The Obama administration's objection to India's newly approved Food Security Act is an act of hypocrisy. BALI, Indonesia - In the lead-up to this week's World Trade Organization negotiations, the Obama administration has tried to block the implementation of a new program approved by the Indian government that could help feed its 830 million hungry people in a cost-effective way. The Obama administration's objection to the program is a direct attack...

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Prices of pulses to remain subdued for next few months: Crisil

-PTI MUMBAI: Prices of pulses are expected to remain low in the next few months following good monsoons, high acreage, lower hikes in minimum support price and moderate demand, according to a report by rating agency Crisil. "Pulses inflation is likely to stay low over the next few months thanks to good monsoons, higher acreage, lower hikes in minimum support prices and moderate demand," the CrisilBSE -0.74 % report said. Food inflation in...

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The R&D yield -Ajay Vir Jakhar

-The Indian Express Government must step up private sector involvement in agricultural research. Why Bharat Ratna awardee C.N.R. Rao called the acts of politicians "idiotic" is for him to elaborate. Perhaps he was referring to those advocating a ban on GM research in India. After all, Rao has vehemently urged a five-fold increase in funding for research and development in agriculture. That includes research on GM crops. On the food front, we have...

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Global food prices rise in October after falling for 5 months

-PTI NEW DELHI: Global food prices increased in October after declining for last five months, according to the the UN body Food and Agriculture Organisation (FAO). Last month's small rise in prices was largely driven by a surge in sugar prices, although prices of the other commodity groups were also up, it said in a statement. The FAO price index, which measures monthly price changes for a basket of cereals, oilseeds, dairy, Meat...

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