More commodities have been put on the banned list though there's no evidence futures cause a price hike.

<tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
		google_ad_client = 'businessstandard';
		//google_ad_client = 'ca-businessstandard_js';
		google_ad_width = 200;
		google_ad_height = 200;
		google_ad_format = "200x200_as";
		google_ad_type = "text";
		google_ad_channel = "";
		//google_color_border = "FFFFFF";
		google_color_border = "F7F7F7";
		//google_color_bg = "FFFFFF";
		google_color_bg = "ffffff";
		//google_color_link = "639ACE";
		google_color_link = "0253B7";
		google_color_text = "000000";
		google_color_url = "D63431";
		//google_skip = adsenseSkip;
		</script> 
		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The dilemma of what a government can do when faced with soaring inflation and particularly, food prices, was well illustrated in a recent inter-ministerial dispute in Russia: the Finance Minister wants to cut state spending to curb demand and inflation, while the Economic Development and Trade Minister wants to stimulate the economy by increasing state spending, for helping the poor. (There are of course silver linings to Russia's inflation problem: the rising oil price helps GDP growth, government revenues and exports 

P>More commodities have been put on the banned list though there's no evidence futures cause a price hike.

A V Rajwade: Cause, effect and correlation

WORLD MONEY

More From This Section

Ajai Shukla: Rafale's July take-off

Alokananda Chakraborty: It is okay to procrastinate

Sukumar Mukhopadhyay: GST - 'Paradise lost' from fractured design

Daniel Gros: Saving Europe's social model

Explore News