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Centre seeks to get on top of inflation by Gargi Parsai

Availability of commodities to be augmented The Centre on Wednesday stepped up its efforts to rein in food inflation, which touched 18.32 per cent for the week ended December 25 last with onion price soaring to Rs. 60 a kg in retail. Prime Minister Manmohan Singh met Finance Minister Pranab Mukherjee, who later held a closed-door meeting with Agriculture Minister Sharad Pawar and Planning Commission Deputy Chairman Montek Singh Ahluwalia. Mr. Pawar...

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Naming superbug after Delhi an ‘error’, Lancet says sorry by Teena Thacker

The editor of The Lancet, Richard Horton, has said naming a superbug after New Delhi was an “error”, and has apologised. Some Europeans returning from South ASIa had been found infected with a bacteria carrying a drug-resistant gene last year, which had been named New Delhi metallo-beta-lactamase, or NDM-1, as the first patient had flown from Delhi to Sweden with the infection. While acknowledging this was a mistake, Horton said, “the science...

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Furious at tax raids, onion traders strike

Not used to anyone inspecting their books, onion traders have not taken lightly to the govt's efforts to find the hoarders and others indulging in mass-scale wrongdoing and launched a strike that will hit consumers' pockets even more. However, they have said that they are being forced to sell under even the production cost. Understandably, but there were not many takers for that view. Traders in Nashik and adjoining areas today went...

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A Fable For The Cola-Wallahs by Saba Naqvi and Debarshi Dasgupta

In post-globalisation India, middle-class heroes are usually entrepreneurs who make a fast buck, stars that glitter brightly and talk glibly, cricketers who hit the ball hard. In an aspirational world of consumer goods, fine dining and malls, values such as service, integrity, simplicity are becoming rare. Perhaps that is why the story of Binayak Sen, the skilled doctor who turned his back on material success to work among the poor...

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High agri commodity prices a concern: FAO by Ajay Modi

Managing high agriculture commodity prices is becoming a concern for policy makers in India as well as globally. While Food and Agricultural Organisation (FAO) has already warned of a ‘food price shock’, concerns are raised that this situation could worsen as various exporting countries could consider restrictions which will further create supply bottlenecks. As global food prices hit a record high, India just trails behind with food inflation touching a 23-week...

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