-The Indian Express Controversial London 2012 Olympics sponsors Dow Chemical Company secretly traded through a web of intermediaries to avoid a legal ban imposed on selling products in India after the Bhopal gas tragedy that killed nearly 25,000 people, it has emerged. According to 'The Independent', legal documents have revealed that Dow continued to permit the unlawful practice started by Union Carbide Corporation (UCC), the company responsible for the disaster, after it...
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Farmers using Facebook to discuss prices and plan strategy by Sutanuka Ghosal
Last month, the turmeric farmers of Maharashtra's Sangli district found themselves in a desperate situation. Oversupply had resulted in prices crashing in the local turmeric market, Asia's biggest, threatening their livelihood. And with several thousands growing the commodity across Maharashtra, Andhra Pradesh and Tamil Nadu, any meaningful strategy to halt the price crash meant involving a sizeable number of farmers. That's when local farmer Atul Salunkhe, 31, had a brainwave. How...
More »Global food prices rebound for first time in six months–UN
-The United Nations Global food prices rose overall last month for the first time in six months, demonstrating the volatility of international food markets, the United Nations Food and Agriculture Organization (FAO) reported today. The FAO Food Price Index rose by four points or nearly two per cent to a measure of 214 points in January, with the price of oils increasing the most, followed by cereals, sugar, dairy products and meat. This...
More »Rural India loses steam: Demand for tractors, agriculture machinery, durables decline as income falls, prices rise
-The Economic Times In 2007, 27-year-old Kaushalendra from Bihar shunned the placement frenzy, which would see many of his colleagues earn fat salaries, in favour of a more homespun alternative: Selling fresh vegetables on a push cart to residents of his hometown Nalanda. Putting together whatever money he had, Kaushalendra began the venture in 2008 and soon started doing well. People didn't mind paying a little more if they saw value in...
More »India's global pharmacy role threatened by EU pact
-AP Efforts by India and the European Union to strengthen trade are threatening India's ability to deliver lifesaving medicines to the world's poorest, analysts say as the two sides push through protracted negotiations on a free-trade pact. India's prime minister and top EU officials are hoping their summit Friday in New Delhi helps move beyond disagreements over issues like European labor market limits and Indian duties on cars. But health industry workers and...
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