-Outlook The oasis UPA is supposed to have brought Pakur is a mirage UPA Divertissement Ad claims refurbished pond in Hiranpur block has promoted communal amity through ‘social and religious events'. Locals say no such events have held. Locals dissatisfied with the siphon irrigation system praised in the ad have damaged it repeatedly In fact, local administration is worried about a law and order situation if it files...

-The Hindu     In spite of the rosy picture painted by the World Bank, the prospect of eliminating extreme poverty remains distant In a protracted period of gloom and persistent recession with feeble signs of recovery in a large part of the developed world, the World Bank, Brookings Institution and others can be forgiven for their euphoria over the accomplishment of a key Millennium Development Goal (MDG) - of halving extreme poverty in...

-The Economic Times Japanese companies do not mind erring on the side of caution. They are known to think longer and harder than their counterparts in other countries about big decisions, especially when it comes to entering a new market or acquiring a foreign company. But Japan's third biggest drugmaker Daiichi Sankyo would now wish it had spent more time doing due diligence on Ranbaxy Labs, in which it bought a...

-The Hindu   "It deserves to be thrown into the dustbin" The Supreme Court on Thursday rejected the magisterial probe report on the Tarn Taran incident, in which a girl and her father were beaten up by the Punjab police, as it justified the attack on the duo. A Bench of Justices G.S. Singhvi and Kurian Joseph told Additional Solicitor-General Siddharth Luthra, appearing for the Punjab government, "the report does not have the value...

-IPS News Officials at the World Bank are forcefully rejecting a new internal evaluation that is highly critical of the institution’s decade-long forest policy, expressing their “strong disagreement” with some assertions in the report. The assessment, written by the Independent Evaluation Group (IEG), the World Bank Group’s auditor, warns that expectations for poverty reduction as envisioned in the bank’s 2002 Forest Strategy “have not yet been met”. The report is particularly critical...