-Livemint.com/ Bloomberg To join the global middle class, India must do much better Max Roser is at it again. The Oxford professor and master of economic data visualization has a new set of maps and charts showing how global income and inequality have changed during the last couple of centuries. The upshot is that while the world has gotten steadily richer that entire time, something very special and very good has...

-The Hindu Business Line Government surveys on out-of-school children are gross underestimations. The Census numbers, however, are a shocker Census 2011 showed that about 32 million children aged between 6 and 13 years have never attended any educational institution, even though government estimates of out-of-school children show substantially lower numbers. Given that out-of-school numbers consist of both children who dropped out and those who never attended school, it raises some questions over...

-The Times of India NEW DELHI: At a time when Facebook founder Mark Zuckerberg is on a visit to India, the government's contract with his company is under intense legal scrutiny. For the first time, following court instructions, the Centre has filed in the Delhi high court a copy of the contract with Facebook that allows the latter to operate in the country. In an affidavit, the Centre has annexed the contract...

The low rate of inflation of 3.88 percent in Consumer Food Price Index during September, 2015 actually hides the high prices at which various pulses (dal) are available in kirana / retail shops across India. In terms of Consumer Price Index (combined), monthly rate of inflation in pulses and products during September 2015 (over September last year) stood at 29.76 percent as compared to the overall monthly retail inflation of...

-Hindustan Times The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India’s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could be masking a worrisome rise in food prices, leaving consumers to wonder why — even with declining inflation — their household budgets are spinning out of control. After onion, the prices...