It favours companies voluntarily labelling products as not containing GMOs Monsanto not looking beyond Bt corn Controls on seed pricing opposed Monsanto, the biotechnology major, holds the view that mandatory labelling of products made from genetically modified organisms (GMOs) in India would make no sense. It favours options such as companies voluntarily labelling products as not containing GMOs, and individuals making a personal decision not to consume food containing GM ingredients. During an interview...

Basmati paddy prices are expected to touch their highest level of Rs 3,400 per quintal during the forthcoming harvesting season, says a research report. The prices of traditional Basmati paddy are in the range of Rs 2,650—3,350 per quintal this month, and are expected to be Rs 2,500—3,200 per quintal in November. In December, however, they will go up to Rs 2,700—3,400 per quintal, depending on the varieties, the report said. The forecast...

This important question of law referred to larger Bench of Supreme Court Is a person belonging to a Scheduled Caste/Scheduled Tribe in a State entitled or not to benefits or concessions allowed to SC/ST candidates in employment in another State? The Supreme Court on Thursday referred this question to a larger Bench. A Bench of Justices B. Sudershan Reddy and S.S. Nijjar, in its order, said: “A very important question of law...

India will soon be the first country in the world “to enact a food security entitlement act under which every family below the poverty line will get 35 kg of grain”, says M.S. Swaminathan who is in Canada to receive an honorary doctorate from the University of Alberta. One of the pioneers of the Green Revolution in India, Swaminathan said India cannot depend on volatile global markets to ensure its food security and...

State Bank of India, the country’s largest bank, plans to scale up its rural book in keeping with its objective to increase financial inclusion. The bank plans to increase its rural lending book by 25% and its deposit base by about 28%,’’ said Jayanta K Sinha chief general manager, rural business, SBI. The bank is also in the process of teaming up with corporates, who would be Business Correspondents(BC). “In keeping...