-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...
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WTO seals historic trade deal in Bali as India stands by its poor
-The Hindustan Times Bali: After five days of hard negotiations, the World Trade Organisation (WTO) on Saturday reached a historic deal designed to ease movement of goods across countries and allow developing nations more options to feed their poor - as India successfully lobbied in favour of state-funded welfare schemes. "For the first time in our history, the WTO has truly delivered," WTO director-general Roberto Azevedo broke down while announcing the deal...
More »Farmers protest ‘peace clause’ on food subsidy
-The Times of India NEW DELHI: Even as commerce and industry minister Anand Sharma sought to push an interim solution or a "peace clause" that will prevent WTO members from seeking penalties from countries such as India for breach of subsidy cap, the Opposition parties and farmer groups have asked the government to reject the solution, arguing that it is not in the country's interests. At next week's Bali ministerial meeting,...
More »India and climate talks imperatives-T Jayaraman
-The Hindu India needs an early agreement, and also adequate atmospheric "space" in terms of allowed carbon emissions to pursue its development goals. It needs to take a proactive stance on this By all accounts, no dramatic developments are to be expected from the 19th edition of the Conference of Parties (COP) of the United Nations Framework Convention on Climate Change (UNFCCC) that started in Warsaw last week. But it is generally...
More »5-kg LPG cylinder to be sold beyond metros-Sujay Mehdudia
-The Hindu Petroleum Ministry targets BPO, IT professionals and migratory population Seeking to target the new emerging segment of consumers such as IT professionals, BPO employees, migratory population and students who want LPG cylinder for their use but unable to provide proper proof of address (POA), the Petroleum Ministry has decided to focus on the sale of non-subsidised 5 kg LPG cylinders from petrol pumps beyond metro cities and extend it to...
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