Retail price of onions has surged to Rs. 60-70 a kg within a couple of days NOCs will not be issued to exporters till January 15 Minimum export price raised to $1,200 a tonne The government on Monday announced suspension of onion exports till January 15 in a last-minute effort to cool prices of the poor man's essential vegetable from the prevailing high of Rs. 60-70 a kg. In a twin strategy, while the...

Climate change is springing an unpleasant surprise on agriculture in India, catching both farmers and governments unprepared. The erratic and deficit rainfall pattern and rise in temperature in recent years has even forced farmers to change cropping patterns and several areas have been declared drought-hit.Agricultural scientists acknowledge that even a mere one degree increase in average day temperature would adversely impact production of both wheat and rice crops (total annual...

The UN climate summit reached the Cancun Agreement here early Saturday - but there was no mention of the extent to which industrialised countries would commit to reduce greenhouse gas (GHG) emissions after 2012, when the Kyoto Protocol's commitment period ends.Nor was there any agreement on a second commitment period of the protocol, only a decision to keep talking about it. The Kyoto Protocol is currently the only legally binding...

EU wants balancing package with adaptation, technology, finance, REDD plus and capacity-buildingAs the high-level segment of the U.N. climate change conference began here on Tuesday, the second period of commitment to the Kyoto Protocol (KP) has become a contentious issue. After Japan's statement on the opening day of the conference last week that it was not in favour of committing itself to a second phase, things had taken a downturn.The...

A widening corruption scandal that has touched India’s prime minister sent the country’s stock markets down sharply on Friday and threatened to tarnish the country’s image as a rising economic power. Setting off the turmoil was a report from the country’s auditor earlier this week that about $40 billion in wireless spectrum license fees had been squandered by the government’s telecommunications and information technology minister. On Thursday, India’s Supreme Court criticized...