Rice Harvest In India Seen At Record As State Prices Increased

Rice production in India, the second-largest grower, is set to climb to a record after local prices were raised, potentially allowing the nation to sustain exports for a second year and swelling a global cereal glut.

The monsoon-sown harvest may gain 10 percent in the year beginning July 1 from 90.8 million metric tons a year earlier, said Tarsem Saini, president of the Federation of All India Rice Millers Association. An end to a three-year ban on exports last year and a forecast for normal rain will spur farmers to increase planting, he said. The monsoon crop, sown from this month, accounts for about 80 percent of annual output.

http://www.bloomberg.com/news/2012-06-26/rice-harvest-in-india-seen-at-record-as-state-prices-increased.html

India, Inflation near 3-year low

India's wholesale inflation unexpectedly fell in July to a near three-year low but economists doubt the drop will be enough to persuade the RBI to cut interest rates at its September meeting to try to revive the struggling economy.




http://in.reuters.com/article/2012/08/14/july-wpi-inflation-eases-idINDEE87D03M20120814

India “More Than Likely” To Lose Investment Grade Status: Fitch | Economy Watch http://t.co/N2BQuIDW -- EconomyWatch (@EconomyWatch)

North Korean leader tells his troops to be ready for "sacred war" during U.S.-South Korea exercises. http://t.co/PGE1fdYj -- CNN Breaking News (@cnnbrk)

NDTV's $1.5 bn suit bares media ratings

NDTV accused executives of the New York-based global market research giant ACNielsen, the London-based Kantar, and their joint venture Television Audience Measurement (TAM, India) of
accepting bribes from rival channels to fudge ratings data.

Asia Times Online :: NDTV's $1.5 bn suit bares media ratings

China's Olympic gold loses some glitter

As China celebrates its victories in the just-concluded London Olympics, with its athletes winning 38 gold medals, the price the nation paid for each of those honors and cost of the the state-sponsored sport system are sparking an intensive debate, raising questions about the legitimacy of the government's focus on promoting nationalism with sports, something that was inherited from the Soviet Union. 




Asia Times Online :: China's Olympic gold loses some glitter

China's Olympic gold loses some glitter

As China celebrates its victories in the just-concluded London Olympics, with its athletes winning 38 gold medals, the price the nation paid for each of those honors and cost of the the state-sponsored sport system are sparking an intensive debate, raising questions about the legitimacy of the government's focus on promoting nationalism with sports, something that was inherited from the Soviet Union. 




Asia Times Online :: China's Olympic gold loses some glitter