The Indian economy should recover from the recession caused by the global meltdown. India’s exposure to the world economy is quite limited. It is mainly through the exports market and partly through foreign investment flows either as equity or debt capital that financed private investment. The extent of the dependence, however, is quite low. The recession in the exports market affects only few sectors, such as textile and labour-intensive manufactures...

We live in the age of institutionalised corruption. From politicians to judges, from senior bureaucrats to policemen, from corporate tycoons to petty officials, everyone it seems has a price. As journalists, our profession demands that we enquire, interrogate and expose corruption. So, when a Madhu Koda is jailed we rejoice that the law has caught up with a former chief minister. When allegations against a judge lead to impeachment, we...

The following piece was written for the UNIDO’s General Conference that took place in Vienna this month but could not be carried by any of the international papers because of a slight delay, although some feel its contents may not be ideologically palatable to them. Hence it is being carried here for the benefit of our readers. —Editor A highly positive sum game awaits the community of nations if an internationally...

Stocks exceed the buffer norm despite dip in production ‘FCI machinery should be geared up’ The Union government on Wednesday ruled out the likelihood of rice imports on its account, as stocks were more than the buffer norm despite an expected dip in production due to drought in the kharif season. Speaking to journalists on the sidelines of the annual general meeting of the Indian Council of Agriculture Research, Union Agriculture and Food...

In a clear indictment of the Punjab Police and the state government, National Commission for Women chairperson Girija Vyas set up a committee to examine the Ruchika Girhotra case. The NCW is also examining whether it can file a case to get damage compensation for Ruchika Girhotra's family. Vyas told reporters that she was setting up a committee of lawyers to examine the sequence of events that took place in...