The food processing industry is growing faster than it and pharmaceuticals.One of the implications of this growth is that industry is buying raw materials on a large scale affecting both supply of food, which is contracting, and prices, which are rising.

Data compiled by the Food and Agriculture Organization (FAO) show that in 2004, though production of most cereals decreased as compared to 1990, exports increased. Similarly, the production of pulses and groundnut decreased but exports increased. In both cases, domestic consumption too decreased. In the case of wheat, however, all three indicators showed a rise.

Energy insecurity is India s latest tryst with her post liberalised destiny. It began in July 2006. Crude oil prices rose to all time peak, at US $79 a barrel. In India, retail prices of petrol and diesel rose, respectively, 59.6 per cent and 78.8 per cen

Environmental court: Pakistan's Sindh High Court has recently directed the ministry of environment to establish environment tribunals, as required by the Pakistan Environment Protection Act, 1997,