-The Times of India The country loses Rs 60,000 crore a year due to congestion (including fuel wastage), slow speed of freight vehicles and waiting time at toll plazas and checking points, a study on operational efficiencies of freight transportation by roads has claimed. It said vehicles crawl at an average speed of less than 20 kmph on some key corridors such as Mumbai-Chennai, Delhi-Chennai and Delhi-Guwahati while it's only 21.35 kmph...

-The United Nations Sustainable development will not be achieved unless hunger and malnutrition are eradicated, the United Nations food agency warned today in a new report. “We cannot call development sustainable while this situation persists, while nearly one out of every seven men, women and children are left behind, victims of undernourishment,” said the Director-General of the Food and Agriculture Organization (FAO), José Graziano da Silva, in a news release. In the report...

-FAO On the path to Rio+20, FAO calls for a future with both healthier people and healthier ecosystems Sustainable development cannot be realized unless hunger and malnutrition are eradicated, FAO said in a policy document prepared for the Rio+20 Summit to be held in June in Rio de Janeiro. "We cannot call development sustainable while this situation persists, while nearly one out of every seven men, women and children are left behind, victims...

-The Business Standard Govt cannot delay increasing diesel, LPG prices Petroleum Minister Jaipal Reddy, speaking after a ministerial-level meeting on inflation on Monday, said that the government had no immediate plans to raise the administered prices of diesel, kerosene and domestic LPG (liquefied petroleum gas). This comes after oil marketing companies raised the price of petrol last week by Rs 7.50 per litre, an increase of 12 per cent. Mr Reddy’s...

Lack of knowledge, fear of political criticism are some of the reasons that are stopping FCI, according to experts What is stopping Food Corp. of India Ltd (FCI) from selling its ample wheat stocks in the open market and buying futures contracts to meet its distribution commitments in the months ahead? Or, for that matter, what is keeping the food procurement agency from selling grain futures internationally, knowing that a bumper crop...