-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s economic growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...

-The Telegraph RANCHI: Support for Nagri villagers on Sunday came from the largest opposition party of the state, the Congress. Jharkhand Pradesh Congress Committee (JPCC) chief Pradeep Kumar Balmuchu visited Nagri village to take a stock of the situation. "The situation is grim. The government's stand on the situation is pathetic. Any development at the cost of the livelihood of tribals is unjustified," Balmuchu said while assuring his support to the villagers....

-The United Nations The world needs to take a hard look at speculation on the financial markets and its potential impact on food price volatility, the head of the United Nations Food and Agriculture Organization (FAO) said today. “Excessive food price volatility, especially at the speed at which price swings have been occurring since 2007, has negative impacts on poor consumers and poor producers alike all over the world,” FAO’s Director-General, José...

The NAC lies defanged; the markets leap for joy at Manmohan’s & Co’s charge of a ‘new’ economy How swiftly things change. Just a month ago, the great Indian growth story was being written off. Now, the “new economy”, run by the PM-cum-FM, will sift through the rubble of under-seven per cent growth, find the hidden springs of recovery and throw in some reforms for good measure. A top taxman says...

-The Telegraph Ranchi: Faced with an imminent Jharkhand High Court hearing on the progress made at Nagri where three premier educational institutes are coming up, a cornered state government has planned a desperate defence to counter allegations of mishandling the issue and escalating the battle of ownership of 227 acres. According to sources, the government will tell the court of a plan to set up police barracks at the construction sites of...