-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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The row over GM crops
-The Business Standard Bt brinjal in Bangladesh calls for a policy review by India With Bangladesh approving commercial farming of Bt brinjal - a genetically modified (GM) crop developed using technology that evolved originally in India - the moratorium put on tests of a similar gene-altered version of this vegetable by New Delhi is likely to give rise to fresh complications. Given the highly porous border between the two countries, ingress of...
More »Wholesale vegetable prices in Sept. surge by 89 pc: ASSOCHAM
-PTI Wholesale vegetable prices in September this year increased by a whopping 89.37 per cent as compared to last year, an industry body said on Monday. The comparative rise observed at the consumer price index (CPI) basis vegetable prices was 34.93 per cent, Associated Chambers of Commerce and Industry (ASSOCHAM) said in a study. "Wholesale vegetable prices increased by 89.37 per cent in September, 2013 as compared to the same month last...
More »Onions at Rs 20/kg? Not so far-fetched; Building buffer & imports can make them cheap-Ashok Gulati
-The Economic Times If I say today that I am ready to supply onions, in an improvised form, at Rs 20/kg home delivered, and round the year, people may think either I have gone crazy or I am dipping into the general exchequer to pull off a massive subsidy scheme for onions. Wrong. I will make a cool profit of 15 to 20% in this deal, do a great service to...
More »Nomura says slowing rural wages should bring inflation down
-PTI MUMBAI: Japanese brokerage Nomura today said with real rural wages moderating, both rural demand and inflationary pressures will moderate in the medium-term, giving the much-needed room to the Reserve Bank to lower interest rates. "Though rural wages continue to rise, the pace of growth is moderating. Growth in the average daily wage rate for agricultural labourers dipped to 13.1 per cent in August year- on-year, which is significantly slower than 18.5...
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