Market regulator SEBI has issued an order suspending futures trading in paddy, wheat, Bengal gram, mustard seeds and its derivatives, soyabean and its derivatives, crude palm oil and green gram for a year.
India is the world’s biggest importer of vegetable oils. Prices of these kitchen staples have been spiralling in recent months.
The government as well as the Reserve Bank of India (RBI) are struggling to hold prices of food items to curb inflation and measures are believed to be steps in this direction.
U.S. official Uzra Zeya has been appointed the country’s new Special Coordinator for Tibetan Issues. She will hold the position concurrently with her current role as Under Secretary for Civilian Security, Democracy, and Human Rights.
The coordinator’s role involves promoting “substantive dialogue” between the Chinese government and the Dalai Lama.
The coordinator is also supposed to promote the unique identity of Tibet, safeguards human rights of Tibetans and coordinates U.S. policy on Tibet.