IN BRIEF (Page 16)

India bans corn exports

India, the world's sixth-biggest corn supplier, banned exports of the grain to boost domestic supplies and curb inflation that accelerated to a 13-year high.

The ban, effective yesterday, will be in force until Oct 15, the directorate general of trade said on its website today. Record raw-material prices have stoked inflation globally, prompting governments to take measures to safeguard supplies of food staples.