-IBN   Asking the Orissa government to consult opposition political parties before signing fresh MoU with Posco-India, BJP today said it would oppose any move to allow a captive port and iron ore swapping for the proposed steel project."In order to safeguard the interest of the state, the government must hold consultations with opposition parties and take their views on Posco project before signing the fresh MoU," senior BJP leader and...

-The Economic Times   Contracts for building 11,050 kms of roads will be awarded in the current fiscal year involving an estimated investment of Rs 70,000 crore, as per the target set by the Ministry of Road , Transport and Highways . The ambitious road building plans were reviewed by Prime Minister Manmohan Singh today with Road Transport Minister C P Joshi and senior officials of the ministry and the National Highways...

-PTI   High volatility and price swings in food commodities are likely to prevail for the rest of this year and could continue into 2012, UN body Food and Agriculture Organisation today said. “High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012,” Food and Agriculture Organisation said in a statement. The next few months will be critical in determining how the major crops...

High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012 according to the latest analysis published today in FAO's biannual Food Outlook. The report cites a sharp rundown on inventories and only modest overall production increases for the majority of crops as reasons for continuing strong prices. The next few months will be critical in determining how the major crops will fare this...

-The United Nations   Citing dwindling stocks and only small production increases for the majority of crops, a new United Nations report released today says world food prices are likely to remain high for the rest of this year and into 2012. The biannual Food Outlook published by the UN Food and Agriculture Organization (FAO) states that the next few months will be critical in determining how the major crops will fare...