-The Business Standard Oil minister says Parikh report sound but government has to take realities into account; to proceed with Direct Benefits Transfer in 291 districts from January despite SC order Union petroleum minister M Veerappa Moily said there'd be no raising of the present cap on the number of subsidised cooking gas (LPG) cylinders a household was entitled to in a year. In the wake of severe electoral reverses for the ruling...
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India has highest inflation rate in Asia
-The Times of India NEW DELHI: The Indian economy, Asia's third-largest, faces a difficult situation where growth has slowed to a decade low but price pressures have remained stubborn. It has one of the highest inflation rates in the world, and the highest in Asia. Weak growth and high inflation also complicated the policy choice for the central bank. Separate data released by the Central Statistics Office showed industrial output slumped 1.8%...
More »The focus is now on the fiscal deficit -Renu Kohli
-Live Mint The big question is whether commitment made by Chidambaram-to contain fiscal deficit at 4.8% of GDP-will be met With the current account deficit in check, the spotlight is now on the second major macroeconomic problem that needs to be fixed: the fiscal deficit. The big question is whether commitment made by finance minister P. Chidambaram in the budget-to contain the fiscal deficit at 4.8% of gross domestic product (GDP)-will be...
More »The Truth Is Out There -Uttam Sengupta
-Outlook The state elections rolled out smoothly, but it's money power which ruled on the ground As we celebrate the smooth working of a massive electoral exercise-simplistically dubbed by many as the semi-final to the greatest show on earth, General Elections 2014-a realisation has dawned that the role of ‘money power' is reaching alarming proportions. Sure, elections are more fool-proof today than in the past, and most (rightly) salute the EC...
More »David Sanders, health expert interviewed by TK Rajalakshmi
-Frontline DAVID SANDERS, Professor Emeritus and founding Director of the School of Public Health at the University of the Western Cape (UWC) in South Africa, is a specialist paediatrician with postgraduate qualifications in public health. One of the founders of the global public health movement, he has over 30 years' experience in health policy and programme development in Zimbabwe and South Africa, having advised governments as well as organisations such as...
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