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Business Standard

  • Wheat output may decline on delayed planting

    Wheat prices may rise further because farmers in India, the world's second-biggest grower, may harvest a smaller crop after dry weather delayed planting. The crop may decline 5 per cent to as low as 72 million metric tonnes in the March-April harvest from 75.8 million tonnes a year earlier, S Pramod Kumar, president of Karnataka Roller Flour Mills Association, said yesterday. That's less than the government estimate of 74.8 million tonnes.

  • China ready to replace India in IPI gas pipeline

    China is ready to join Pakistan and Iran to build a pipeline and purchase Iranian gas if India does not participate in the project, a media report said here today. Pakistan plans to import 2.2 billion cubic feet of gas a day from Iran through the pipeline and has said it was willing to consume an additional 1.05 billion cubic feet of gas if India does not join the project.

  • Much more than a healing touch

    Women in Chhattisgarh learn to profit from the medicinal herbs that grow around them. Converting traditional medicinal knowledge into fortunes

  • Bio-fuels not the answer? (editorial)

    The worst fears about the impact of the rush for bio-fuels are coming true. Evidence that has now surfaced suggests that bio-fuels based on plant sources may actually aggravate, rather than alleviate, the environmental damage being caused by global warming. At least two recent studies done in the United States, and published in the latest issue of Science, bear this out.

  • Promoting hariyali

    Hariyali Kisan Bazaars are helping transform rural India by providing all manner of services to farmers. While the retail revolution in urban areas is going ahead at its own pace, the retailing in rural areas is also getting modernised in a unique manner to cater exclusively to the wide-ranging needs of customer-farmers. The trend setter in this case has been the "Hariyali Kisan Bazaar' chain launched by the DCM Shriram Consolidated Ltd (DSCL) in 2002-03 with a well-conceived model of value-added retailing.

  • Alternative energy fuels long-term opportunity

    High oil prices, firm demand and climate change issues are working in favour of alternative energy sector. As oil prices continue to hover around record highs and climate change problems rise up government agendas, the case for investing in alternative energy is becoming more compelling. "Investors have been shunning mainstream energy equities over the past 18 months on the back of worries in the US. Instead they are heading to alternative energy equities,' says Robin Batchelor, co-manager of BlackRock , the Merrill Lynch New Energy Technology fund.

  • Fake drugs growing at 20-25%: Assocham

    With sale of fake and spurious drugs continuing unabated in the country, industry body Associated Chambers of Commerce and Industry of India (Assocham) said the market is growing at an alarming rate of 20-25 per cent, which has already exceeded the Rs 15,000-crore per annum mark nationally. "At all-India levels, fake and counterfeit drugs are so widely disbursed that their estimates according to latest figure exceed Rs 15,000 crore per annum,' Assocham General Secretary D S Rawat said.

  • Wait for the final Gurgaon bill!

    Right now, thanks to the huge pileups at the two toll plazas on the Delhi-Gurgaon expressway, ranging from half an hour to an hour and more, the public's ire has been directed at DS Constructions, the concessionaire. And not without reason, for DS has proved to be completely incompetent. First, it never got the traffic flow even remotely right and 130,000 users turned up on the first day

  • 81% rural, 62% urban households have no risk cover: Survey

    Awareness about insurance is quite high in India, yet less than three out of 10 households in the country have opted for some kind of life insurance cover, a survey said. "The awareness about insurance is quite high in India. Around 78 per cent of households are aware of insurance products. However, ownership of insurance products is low

  • Big hike demanded in allocations for meal scheme, SSA

    The Ministry of Human Resource Development (HRD) has demanded a major increase in the allocations for two of its flagship programmes

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