-PTI   Spiralling international oil prices have put a strain on the country's import bill Stating that India faces "formidable" challenges on the energy front, Prime Minister Manmohan Singh today said spiralling international oil prices have put a strain on the country's import bill and domestic prices need to be rationalised. "With imports accounting for about 80% of our crude supplies, the spiralling prices of crude in the international market have put a...

-The United Nations A sustained rise in prices for raw natural resources and basic agricultural goods is defying long-standing patterns and appears to be hurting poor nations through rising food and fuel costs more than it is helping them through higher revenues for their commodities exports.   That was one of the findings of the Commodities and Development Report 2012, a study launched at the 13th session of the UN Conference on Trade...

For three days in the last week of March, the United States Supreme Court heard arguments on the Affordable Care Act. No Federal law in the U.S. in recent memory has aroused such bitter controversy. If it is struck down as unconstitutional, President Barack Obama's prestige will suffer. He is due for re-election in November. Very many think the court will rule against him in June. The core of the law...

There is evidence to show that growth is slowly becoming inclusive. But for the quality of life to improve, incomes must be complemented by infrastructure. For close to at least five years now inclusive growth has had a central place in the official discourse on the economy. The UPA II has itself worn its self-proclaimed success in delivering an inclusive growth as a badge of its effectiveness, not to mention its...

-Live Mint At a time when India plans a multi-pronged attack on malnutrition in 200 high-burden districts, it will pay to examine the cracks in state institutions that have led to past failures and can still derail well-intentioned plans. Melghat, a tribal corner in the northeastern fringes of India’s richest state—Maharashtra—is an apt example of almost everything that has gone wrong in India’s response to malnutrition and child deaths. Every 14th child dies...