• Sign Up
  • |
  • Sign In Sign Out
  • |
  • Make us your home
  • |
  • RSS
1 2
1 15
1 5004
1 4
1 9
1 13
1 25
IPO
1 5013
  • Deccan Aviation gets DGCA permission to fly abroad
  • Idea, BSNL agree to interconnect RCom's GSM service
  • Flight cancelled due to workers strike
  • Cancel 11 flights to & from Kolkata on 20 Aug
  • To launch Mumbai services on Wednesday
  • Deccan Aviation gets permission to fly to UK
  • RBI relief bonds can be used as collateral for bk loan
  • July Producer Price Index at 27-year high; up 1.2%
  • U.S. Housing Starts down 11% in July, lowest in 17 years
  • Board okays buy back at price not exceeding Rs.350/share
  • Cannot say if interest rates have peaked: NW
  • RBI steps, inflation to determine interest rates : NW
  • BSE Power up 0.26% , Bankex up 0.10%
  • BSE Teck down 1.38% , Consumer Durables down 1.17%
  • CNX MidCap down 0.29% , BSE Small Cap down 0.34%
  • Sensex down 0.70% at 14,543.73
  • Nifty down 0.56% at 4,368.25
  • Expectations of U.K having 2 qtrs of -ve GDP growth
  • See further concerns emerging in U.S economy
  • Govt could be lender of last resort to Fannie and Freddie
  • EMs have seen $20bn fund outflows in last 10 weeks
  • Deccan Aviation granted traffic rights on India-UK sector
  • Revenues seen flowing in from Q4'09: Sources
  • Initial order size at $20-$25mn: Sources
  • Contracts to be signed within 3 months: Sources
  • Astrazeneca, Merck visited Dishman's facilities: Sources
  • Dishman to get orders from Merck & Astrazeneca: Srcs
  • India may import 3-3.5 MT of diesel this year : Oil Secy
  • To raise tractor prices this month : Escorts
  • Aluminium, Copper prices to remain weak in H2 FY'09
Updated: 02/06/2008 | 09:39 AM IST
Rich countries must increase food aid tenfold: UN official
Agence France Presse
Monday, June 02, 2008 (London)
Comments:
Read (0)

Rich countries must dramatically ramp up their aid for agricultural development to curb rising food prices, the United Nations' top agricultural official said in an interview published today.

Speaking to the Financial Times, Jacques Diouf said that aid would have to increase tenfold to USD 30 billion a year to help developing countries raise production levels.

"The only way out of the crisis is to increase food production, in particular in poor countries," the director-general of the Food and Agriculture Organisation told the business daily.

The FAO is holding a summit from Tuesday to Thursday at which world leaders will discuss food security following runaway prices sparking riots across the world.

"It is touching every country in the world," he said of rising food prices.

"We have not only seen riots and people dying, but also a government toppled (Haiti), and we know that many countries that are emerging democracies could tilt to one way or the other depending on the discontent or satisfaction of their population."

Comments:
Read (0)
Comments
 
Market Watch
Graphs
Stocks
Trading Calls
Ashu Kakkar
Ashu Kakkar
2.01% status
Current: Rs 678.35
Hemen Kapadia
Hemen Kapadia
-0.59% status
Current: Rs 735.4
Stock Recos
I advice the investors to hold the stock
I would advice the investors to hold the stock
Buy or Sell
Today's Analyst: Phani Shekhar
Query : Chaitanya Kumar, an investor from Kolkata, has 86 Adhunik Metaliks at Rs 189/share.