-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...

-The Hindu Business Line   There's no Malthusian problem right now, but without sustainable farming the world will be in serious trouble Food security, a seemingly innocuous phrase, is fast becoming one of the most widely discussed topics of our time. A lot of us would associate ‘food security' as a challenge for the impoverished but it could potentially become a much more widespread problem straddling across geographic and economic divides. The issue of...

-Outlook India has the potential to lead the world in creating just and equitable societies, the head of UN's women empowerment body has emphasised and said men and boys can play an important role in achieving gender equality. "We need India in the leadership in changing status of women. For me it is very important that India leads in the kinds of changes that you want to see see 20 years after...

-The Business Standard Start thinking of new development indicators The annual Human Development Report, or HDR, has recorded with depressing regularity India's mediocre performance in seeking to improve the overall well-being of its people. The latest one, for 2014, is no exception. In the last five years (2008-13), India's performance on improving its Human Development Index (HDI) has been poorer than most of its peers in South Asia, and among Brazil, Russia,...

-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...