-The United Nations Global food prices dip for a third consecutive month in June following a ten-month surge, the United Nations agriculture agency said today. The UN Food and Agriculture Organization's (FAO) price index- which measures monthly changes in the global price of a basket of meat, dairy, cereals, oils and fats, and sugar- averaged 206.0 points in June 2014, down 3.8 points (1.8 percent) from May and nearly 6 points (2.8...
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El Nino could hit Indian agriculture this monsoon
-IANS Panaji: Factors as innocuous as the humble grain-carrying sack to the mighty El Nino could have a varying impact on grain production and delivery this year, experts suggest. Detailed presentations made at a recently-concluded 'Global Grain and Feed Forum' conference in Goa suggest that the occurrence of the El Nino phenomenon in June could to some extent rob India of its monsoon, but also note that poor quality sacks are also...
More »India needs new energy regime: Pachauri
-The Business Standard I am really concerned about the growing dependence of India on oil imports and the present situation in Iraq is adding more to it, he said Restricting the effects of climate change would lead to sustainable development, environmentalist R K Pachauri said here on Saturday. "Limiting the effects of climate change is necessary to achieve sustainable development, equity and poverty reduction," Pachauri, director-general of The Energy and Resources Institute and...
More »Drought fear looms large as country gets deficient rain
-Mail Today India is staring at the spectre of a possible drought as the progress of the monsoon has been abysmally slow, with authorities saying cumulative rainfall across the country has been 45 per cent below the average for this period. Reason: the El Nino effect is adversely affecting this year's monsoon, say weather experts. The India Meteorological Department (IMD), in its latest report, has highlighted the weak and delayed onset of...
More »Cheap LPG set for Rs. 10 monthly hike after budget -Anupama Airy
-The Hindustan Times The government\'s first budget is likely to signal the new administration\'s intention of reforming India\'s fuel pricing regime with monthly hikes of Rs. 10 per cylinder of cooking gas (LPG). Each household will, however, continue to be entitled to 12 subsidised cylinders a year. Currently, a subsidised LPG cylinder costs Rs. 414 in Delhi while the market price - which consumers pay for any demand beyond the quota -...
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