Technically, we know how to check the black economy but the problem is political. More studies or committees and treaties with foreign governments are only to stall action. Another Joint Parliamentary Committee has been announced. The government has been trying to create an impression of being proactive with regard to tackling the black economy. The President's address and the speech by Sonia Gandhi in January mentioned the need to curb it....

The sharp rise in food prices inflation will remain a major cause of concern as inflationary pressures on the domestic front are likely to be exacerbated by higher levels of global commodity prices, the Economic Survey has said. It also indicated that the political turmoil in the Middle East and the “easy money” policy being followed by developed nations trying to jump-start their own economies after the global recession of 2008-09...

At least 100,000 trade unionists marched through New Delhi on Wednesday in a protest against high food prices and unemployment, piling pressure on an administration under fire over corruption scandals. The demonstration was the biggest in New Delhi in years and included members of a trade union linked to the ruling Congress party, reflecting disquiet within the party over food inflation which hit a high of over 18 percent last December. It...

The Nagla elementary school in this north Indian town looks like many other rundown government schools. Sweater-clad children sit on burlap sheets laid in rows on cold concrete floors. Lunch is prepared out back on a fire of burning twigs and branches. But the classrooms of Nagla are a laboratory for an educational approach unusual for an Indian public school. Rather than being drilled and tested on reproducing passages from...

An estimated 75 per cent of the world’s coral reefs are threatened by local human activity, including over-fishing, coastal development and pollution, and global pressures such as climate change, warming seas and rising ocean acidification, according to a United Nations-backed report unveiled today. “Reefs at Risk Revisited,” launched today in Washington and London, says that if the threats to the reefs are not dealt with, more than 90 per cent of...