New Delhi: India's wholesale price index (WPI) rose a lower-than-expected 7.25 per cent in June from a year earlier, mainly driven by higher food prices, government data showed on Monday. Analysts on average had expected an annual rise of 7.62 per cent. Wholesale prices provisionally rose 7.55 per cent in May. The annual reading for April was upwardly revised to 7.5 per cent from 7.23 per cent, the government said...
11:59 AM, Jul 16, 2012
Bangalore: Soaring food costs likely pushed Indian inflation to its highest level this year in June, a Reuters poll showed, suggesting the Reserve Bank of India (RBI) will remain hawkish on monetary policy. The survey of 30 economists showed wholesale prices rising by an annual 7.62 per cent in June, slightly up from 7.55 in May. Forecasts were from 7.20 per cent to 8.20 per cent, narrower than the range...
10:32 AM, Jul 16, 2012
New Delhi: Reserve Bank is unlikely to soften its monetary stance in its policy review later this month due to high inflation even though sluggishness in industrial output growth for May calls for cut in policy rates, say experts. The Reserve Bank of India (RBI) is guided by inflationary expectations. Inflation is expected to remain high, HDFC Bank chief economist Abheek Barua said. "I do not think there will be...
03:16 AM, Jul 13, 2012
Sivaganga: Union Home Minister P Chidambaram has said the UPA government would guarantee the poor food through the proposed Food Security Bill. Highlighting 'achievements' of the UPA government during a visit to various villages on Sunday, he said the Centre had allocated more funds to state governments than in the past. It also proposed to bring in the food security bill soon. In addition the UPA had implemented several welfare...
01:28 AM, Jul 10, 2012
New York: Popular South Indian dish Masala Dosa has made it to the list of '10 foods to try before you die', compiled by the Huffington Post. The list, prepared by travel blog viator for the newspaper, includes dishes from around the world as a must-try for travellers. Masala dosa features in the list alongside the Peking duck from China, BBQ ribs from the US and Teppanyaki from Japan. "The...
09:49 AM, Jul 09, 2012
Washington: The Food and Drug Administration has approved the first over-the-counter HIV test, allowing Americans to test themselves for the virus that causes AIDS in the privacy of their homes. The OraQuick test detects the presence of HIV in saliva collected using a mouth swab. The test is designed to return a result within 20 to 40 minutes. Government officials estimate one-fifth, or about 240,000 people, of the 1.2 million...
10:07 AM, Jul 07, 2012
Chandigarh: Decrying the lack of proper sanitation facilities, Rural Development Minister Jairam Ramesh on Friday said toilets built over the last 10 years across the country are being used for storing food grain. "In last 10 years, toilets have been built (across the country)...But toilets are not being used for the purpose for which they had been built. They are being used for storing food grain...they have been turned into...
05:14 PM, Jul 06, 2012
Kota: Even as the rest of the north of the country bears with an unforgiving summer season and a drought-like situation in many of its parts, in Rajasthan, grain rot continues and it is not a meager amount. Nearly Rs 2 crore worth of wheat still remains in the open. CNN-IBN visited a farmer family in Kota which had just enough grain to last it four weeks. The irony is...
08:45 AM, Jul 05, 2012
New Delhi: Every day some 3,000 Indian children die from illnesses related to malnutrition, and yet countless heaps of rodent-infested wheat and rice are rotting in fields across the north of their own country. It is an extraordinary paradox created by a rigid regime of subsidies for grain farmers, a woeful lack of storage facilities and an inefficient, corruption-plagued public distribution system that fails millions of impoverished people. And it...
02:40 PM, Jul 02, 2012
New Delhi: The government on Thursday said it has sanctioned Rs 100 crore to boost rice cultivation in the eight north-eastern states, including Sikkim, this year under a central-scheme National Food Security Mission(NFSM). NFSM was launched during 2007-08 to enhance production of rice, wheat and pulses to make the country self-sufficient in food grains. The scheme has been continued in the 12th Five Year Plan (2012-17) as well. "The north-eastern...
03:19 PM, Jun 28, 2012
Seoul: Global appliances major LG Electronics is soon planning to launch a smart refrigerator in India that suggests what you can make with what is in the box, and also tells you that the food you stored is no longer fresh. "We are planning to launch smart refrigerator in India soon that will have sensors which will read the barcode on whatever is stored in the fridge and will flash...
08:39 AM, Jun 25, 2012
Indore: Over 50 students of Indian Institute of Management (IIM), Indore fell sick due to suspected food poisoning, its spokesman said on Monday. The students had complained of nausea, stomach upset and headache after having dinner at their hostel mess on Saturday, Akhtar Parvez, IIM PRO, said. Most of them were rushed to the IIM nursing home and serious ones were taken to private hospitals, he said. Eleven of the...
10:25 PM, Jun 18, 2012
New Delhi: Pinning hopes on good monsoon, the government on Thursday said the inflation for the current fiscal will be around 6.5-7.5 per cent and steps will have to be taken to address supply constraints. "I am confident that range of inflation would be around 6.5-7.5 per cent throughout the year. I hope if monsoon is quite good, then it would be possible that this type of pressures would be...
03:35 PM, Jun 14, 2012
New Delhi Inflation moved up to 7.55 per cent in May because of spurt in prices of potato, pulses and wheat, although onion and fruits showed a declining trend. Inflation, as measured by the Wholesale Price Index (WPI), was 7.23 per cent in April. In May last year, however, it was 9.56 per cent. Overall food inflation rose to 10.74 per cent in May, from 10.49 per cent in April....
12:47 PM, Jun 14, 2012
Kota: There has been yet another shocking case of damage to food grains due to rains in Rajasthan's Kota district. Food grains to the tune of Rs 2 crore were neglected by Food Corporation of India (FCI) officials. Famers have now logded a case against Food Corporation of India (FCI) officials, alleging that they did not make adequate arrangement, despite assurances by food minister KV Thomas to CNN-IBN. This comes...
11:39 AM, Jun 09, 2012
New Delhi: Delhi will soon be the first city in the country to set up food banks through which excess cooked and uncooked food will be collected from wedding receptions, parties, social functions, hotels and individual donors for distribution among hungry and poor people. The scheme is being modelled on the lines of food banks in Chicago in the US where community groups run them to feed hungry people by...
11:12 AM, Jun 09, 2012
New Delhi: On 6th June 2012 CNN-IBN had done a special story on damage to food grains due to rains in Rajasthan's Ganganagar district. The report says almost 40,000 metric tonnes of food grains lying in the open have been left neglected by Food Corporation of India (FCI) officials. You can read and watch the full report here. CNN-IBN received a letter from the Ministry of Consumer Affairs, Food &...
02:21 PM, Jun 08, 2012
New Delhi: Around 56,000 families entitled to get subsidised food items under an ambitious scheme could not avail it due to inability of Delhi Government to identify the beneficiaries, said the CAG in a report. Pointing inefficiencies in the food and civil supplies department, the CAG said even quantities of food articles allocated by the Centre could not be utilised in full by the department during 2008-2010. "Only 1.01 lakh...
02:22 AM, Jun 07, 2012
There comes a time in most foodies lives when they lose interest in restaurant food. I recall when it happened to me and my wife: The third week of February, 2010. Thats when our son was born. But being the frequent eater-outers that we were, we didnt give in without a fight. We managed a few dinners when he was still just a few months old, carrying him into a...
07:03 PM, Jun 02, 2012
Food Minister KV Thomas has ordered a probe into rotting wheat having been distributed in the Public Distribution System in Palwal, Haryana. On May 22, CNN-IBN's story showed how 80,000 sacks of wheat lay rotting and almost abandoned in Ghugera, Haryana. The report also said that rotting wheat had been distributed to BPL card holders systematically. Thomas told CNN IBN, "Nothing has been damaged, I assure you, and we are...
09:42 AM, May 24, 2012
