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'We have support of US government, unions on Asarco'
NRI billionaire Anil Agarwal-led Vedanta Resources today said it would not offer more than the already announced $1.87 billion to buy bankrupt American mining firm Asarco but is confident that it can clinch the deal with the support of the US government and the trade unions.

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Food inflation at 19.83% on high potato, pulses rates
Food inflation, as measured by the Wholesale Price Index (WPI), rose to 19.83 per cent for the week ended December 19 primarily due to rising prices of potatoes, pulses and other vegetables. Food inflation stood at 18.65 per cent for the previous week ended December 12 and at 9.38 per cent during the corresponding period in 2008.

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Seeds to be given to states if sowing fails: Pawar
Accepting that monsoon has been inadequate in several parts of northern India, the government today said that in case sowing failed due to lack of rains, it would make additional seeds available to the states.
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Paswan gets move-out notice

Lok Janshakti Party chief Ramvilas Paswan has finally been served a notice by the New Delhi Municipal Corporation (NDMC) to vacate the plush bungalow at 15, Janpath. Paswan — as a minister since 2002 —occupied the Type-VIII bungalow near Parliament. But in 2009 elections, his party couldn’t win a single seat. Still, Paswan didn’t show any sign of moving out of the bungalow which served as his residence as well as the party office. As many new MPs are waiting with allotment letters for the current occupants to move out, NMDC finally decided to move out Paswan.


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