-FAO 2013 third highest year on record for FAO Food Price Index Rome: The FAO Food Price Index averaged 206.7 points in December, nearly unchanged from the previous month, with a sharp increase in dairy prices and high meat values balancing out a steep decline in sugar Quotations and lower cereal and oil prices. For 2013 as a whole, the index averaged 209.9 points - down 1.6 percent from 2012, and well below...
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Global food prices steady in December, 2013 prices third highest on record –UN agency
-The United Nations For the second consecutive month, the cost of food worldwide remained nearly unchanged in December, with overall global food prices for 2013 among the highest on record, the United Nations food agency today reported. In a news release, the UN Food and Agriculture Organization (FAO) said its most recent Food Price Index averaged 206.7 points, nearly the same as the 206.4 in November. The FAO's Index measures the monthly change...
More »Rahul Gandhi meets Manmohan over raising LPG Quota
-The Hindustan Times Congress vice-president Rahul Gandhi on Friday met Prime Minister Manmohan Singh and made a strong case for increasing the Quota of subsidised LPG cylinders for households besides sought the passage of key anti-corruption bills in the forthcoming session of Parliament. Congress sources said Gandhi is expected to meet the Prime Minister once again in the coming days exclusively on the issue of raising the Quota of subsidised LPG cylinders. Soon...
More »LPG distributors say scam in the making
-The Hindu New Delhi: Alleging that oil companies are a "law unto themselves" and that a "big scam" was in the making at the cost of countless consumers, the Federation of LPG distributors of India on Saturday decided to take to the streets with some members and threatened to go on a hunger strike until their demands were met. "The Marketing Discipline Guidelines are being used by the oil companies to arm-twist...
More »Price of Non-Subsidised LPG Hiked by Rs 220 a Cylinder
-Outlook The price of non-subsidised cooking gas (LPG), which customers buy after consuming their Quota of subsidised cylinders, was hiked by a steep Rs 220 per bottle today on firming international rates. The 14.2-kg cooking gas cylinder that consumers buy beyond their entitled nine bottles at subsidised rates, will now cost Rs 1,241, up from Rs 1,021 in Delhi, state-owned fuel retailers said. This is the third increase in non-subsidised LPG rates in...
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