They want State Government to exempt their farm produce from duty A group of Punjab-based farmers on Monday said they are going to grow pulses and oilseeds on 5,000 hectares of land in Ethiopia and import their farm produce to India. “We will start cultivating 5,000 hectares of land in Ethiopia from September this year and plan to cultivate pulses, oilseeds, sugarcane and maize which are always in short supply (in India),”...

Activists hope that a popular agitation against the setting up of a factory to manufacture asbestos products in the eastern Bihar state will result in a nationwide ban on the large-scale import into this country of the deadly mineral fibre. Following six months of agitation against the setting up of the factory in the Chainpur-Bishunpur area of Bihar’s Muzzaffarpur district, state chief minister Nitish Kumar sought to lay blame on the...

THE boom in demand for apparel and mobile phones may soon be over as Indians plan to spend less on fun and entertainment to deal with rising food prices, a Nielsen study says. Indian consumers are extremely cautious about rising food prices and a sizeable section may defer purchases by 6-12 months, says the latest Nielsen global consumer confidence index released on Monday. Some companies, including LG Electronics and Future Group, agreed...

Senior United Nations officials today called for urgent steps to rein in the rising prices for basic farm produce, petroleum and raw industrial materials whose volatility hits the world’s poorest people the hardest.     “Such volatility has huge negative impacts on vulnerable groups, such as low-income households in developing countries, for whom food expenditure can account for up to 80 per cent of household budgets,” UN Conference on Trade and Development...

Deputy election commissioner Vinod Zutshi is expected to visit Bengal on Wednesday, the third such trip in less than a month by the poll panel, which described the move as “rare, if not unprecedented”. During his three-day trip, Zutshi will meet the district authorities to “inspect the progress” in implementing the recommendations of an observer team that toured the state earlier this month. Zutshi is also expected to meet state government officials...