-The Business Standard   Food articles inflation dips to 8.64% compared to 9.9% in March Wholesale Price Index-based Inflation fell by 0.5 percentage points to 5.2 per cent in April from 5.7 per cent in March, providing some relief to a new government amid other deteriorating macroeconomic numbers such as retail inflation and industrial output. All three major components of the index - food, fuel and manufactured goods - recorded moderation in inflation on...

-Frontline   Political parties flush with funds provided by corporate houses are winning over journalists, and some news organisations are creating packages for election coverage, making the phenomenon of ‘paid news' all pervasive. THE credibility of journalism and journalists has been greatly undermined by the scourge of cash for coverage, a much-abhorred sickness in the profession worldwide. News space on television, radio and newsprint is compromised with impunity with blatant advertising parading...

-The Times of India   NEW DELHI: Taking forward an agreed framework of the 2013 Warsaw climate conference, India has come out with a draft national policy on 'reducing emissions from deforestation and forest degradation' (popularly known as REDD+ initiative) which will enable local communities to get financial incentives for increasing forest cover. The REDD+ initiative is a global mitigation mechanism under a UN body, linking deforestation, degradation, conservation of forest carbon...

-The Financial Express   In what could be a big question mark on the world's largest jobs scheme. In what could be a big question mark on the world's largest jobs scheme, the number of people who availed the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) fell 8.4% year-on-year in 2013-14, reports Raj Kumar Ray in New Delhi. Also, only a tenth of the people enrolled got the promised 100 days of...

-The Business Standard   The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...