Food inflation in the last 14 months hovered around 7 percent on an average, with prices of key vegetables such as onions and tomatoes more than doubling. This has been an outcome of demand, supply mismatches even as the government remained pre-emptive in its actions with measures ranging from export bans to subsidising the cost of staples.
Tired of pleading India to sell onions, Bangladesh, the biggest importer, has launched its own onion Aatmanirbharta mission. Global markets prefer reliable supply chains.
Well established ever since Pakistan gained its independence in 1947, that country’s alliance with Saudi Arabia has recently been compromised by the Kashmir crisis and the rapprochement between Riyadh and New Delhi. Identity-based thinking in Pakistan harks back to the 1947 partition which separated the country from India after Britain’s withdrawal and when Pakistan became the first modern nation to be established in the name of Islam. In 1949, the new regime published its Objectives (.)
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PM Modi also held telephonic conversations with his Sri Lankan counterpart Ranil Wickremesinghe and President Maithripala Sirisena, expressing condolences over the deadly blasts.