-The United Nations The United Nations today reported a sharp drop in global food prices during May owing to generally favourable supplies, growing global economic uncertainties and a strengthening of the United States dollar. The monthly food price index of the Food and Agriculture Organization (FAO) averaged 204 points in May, down 9 points from April, the agency said in a news release. This was the lowest level since September 2011. The index...

‘BSNL chosen for project without tender process and it has quoted high price' The Department of Telecommunication's plans to go for extensive erection of mobile towers in the Left-Wing extremism-affected areas, to help people and the security forces stay connected, have been opposed by the Finance Ministry, which cited selection of the state-owned Bharat Sanchar Nigam Ltd for the project without following any tender process and its quoting high costs for...

There are major issues at stake in the Rio+20 Summit on Sustainable Development to be held on 20-22 June. Yet governments of developing countries have not given adequate importance to the run-up to the conference. As has happened in the climate change negotiations, the outcome draft now under negotiation shows a concerted move to rewrite the terms of global environmental governance. There is an attempt to push through the decidedly...

-Reuters World food prices dropped in May for a second month in a row, hit by steep falls in dairy products, sugar and other commodities, and are likely to fall further in the coming months, the United Nations' Food and Agriculture Organisation (FAO) said on Thursday. Food prices grabbed attention of the world leaders after their spike to record highs in February 2011 helped fuel the protests known as the Arab Spring...

-The Business Standard   The FAO Food Price Index fell by 4% in May Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today. The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4%...