Food inflation moved up to 11.49 per cent for the week ended February 12 as compared with 11.05 per cent for the previous week even as prices of certain items fell marginally. Despite the increase, Prime Minister Manmohan Singh today said while inflation has been a concern for the last 18 months, it will come down to 7 per cent by the end of the current fiscal. According to the Wholesale...

In an address to the Berlin Agriculture Ministers meeting last month, World Trade Organisation (WTO) Director General Pascal Lamy said export restrictions are a prime cause of recent surges in global food prices, and countries should find other ways of securing domestic supplies (“WTO chief: Alternatives to food export curbs needed”, Business Standard, January 23). Though export restrictions are an important contributor to rising food prices, they are by no...

Buoyed by the imminent scrapping of Reliance Industries-promoted Mumbai special economic zone, aggrieved farmers and activists are now gunning for seven other proposed SEZs in Maharashtra. Anti-SEZ groups will soon agitate to demand denotification of the fertile land earmarked for projects in the Konkan, western Maharashtra, Marathwada and Vidarbha. The activists got a shot in the arm on Friday when their four-year struggle forced the government to denotify 16,900 acres of land...

After wrangling with the coal ministry over green concerns, the environment ministry has cleared eight more CIL projects that have been stalled for about a year. The development comes close on the heels of Environment Minister Jairam Ramesh softening his stance on "no go" status for coal blocks falling in environmentally sensitive areas during the meeting of a Group of Ministers (GoM) on Coal last week, where he assured that...

Then Clive Lloyd took over the West Indies cricket team, he knew he was no Garfield Sobers. Lloyd focused on infusing discipline and strategy sessions with the team. "Both exceptional leaders, Sobers led by example, while Lloyd built a team. I suspect Jairam Ramesh is more like Sobers," an environment analyst sums up his assessment of the minister. The Sobers analogy crops up, in explicit and implicit ways, in any...