Global wheat harvests may trail demand for a second year, spurring hoarding and further price gains, said the United Nations. “Whenever you get the market as tight as we are now, hoarding becomes widespread,” Abdolreza Abbassian, a senior economist at the UN Food and Agriculture Organization, said in an interview by phone from Rome. Wheat, corn and soybeans soared to the highest levels since 2008 yesterday as a U.S. government report showed...

Noted social activist Swami Agnivesh on Saturday appealed to the Chhattisgarh government to initiate talks to solve the problem of Naxalism. The tribal-dominated state is home to a large number of Naxals and is considered their bastion. The chief minister should come forward to solve this decades-old problem through dialogue, he said at a press conference in Raipur in the presence of Chief Minister Raman Singh. Five jawans of the Chhattisgarh Armed...

So what caused the French Revolution? Food prices did. A hailstorm destroyed French crops, food prices rose 88 per cent in one year, and hungry Parisians turned on their rulers. Ditto with the Tian-an-men showdown exactly 200 years later, in 1989: consumer prices rose 21 per cent in a country that had known virtually no inflation under Communist rule. The Suharto regime got overthrown in Indonesia in 1998 after food...

PMFAI claims imported substitutes will cost the Indian farmers dearly Chemicals are the world's second largest traded commodity ‘India has a 70% market share of endosulfan business globally' The Pesticides Manufacturers and Formulators' Association of India (PMFAI), on the radar of some environmentalists and business lobbies, on Friday demanded the Central government to withdraw the “erroneous” report of the Ahmedabad-based National Institute of Occupational Health (NIOH) declaring endosulfan as a health hazard. Describing the...

At present, the government spending on education is about 3.4 percent of GDP ‘It is imperative that the government increase outlays in Sarva Shiksha Abhiyan' A delegation of the People's Budget Initiative met Finance Minister Pranab Mukherjee here on Saturday to demand enhanced resources for the social sector which was crucial for the development of human resource and the nation. Formed in 2006, People's Budget Initiative is a coalition comprising representatives from people's...