-The United Nations   The global economy is expected to strengthen over the next two years, despite a downgrade of growth prospects for some developing countries and transition economies, and "stubbornly slow" job growth, according to the United Nations World Economic Situation and Prospects 2014 mid-year update launched today in New York. "More than five years after the financial crisis, the world continues to struggle with getting the global economic engine back to...

-The Times of India   NEW DELHI: An expert group of Planning Commission has pitched for major investments to reduce country's carbon footprint, saying India needs to invest $834 billion in nearly two decades to be firmly on low carbon and environment-friendly growth trajectory. It also stressed on use of renewable energy resources in big way, saying at least one third of power generation by 2030 must be fossil-fuel free. The group,...

-The Business Standard   Or, why our subsidy and tax policies have been almost exactly wrong Thomas Piketty's seminal book on inequality, Capital in the Twenty-First Century, comes at a fortuitous time. Although inequality has been a well-discussed issue in India for some time now, the success of the book contributes by sharpening the debate. It complements the McKinsey Global Institute's (MGI) report titled "From poverty to empowerment: India's imperative for jobs, growth,...

-Live Mint   Recent Maoist violence highlights the conflicts that centre around the model of India's economic growth   New Delhi: The deaths of nine people from violence related directly to the general election-occurring in and around polling booths-are an early warning to the next government that it must start thinking about how to balance economic growth with social justice and equity, experts said.   These deaths-mostly in areas hit by Maoist violence-highlight the conflicts that...

-The Telegraph   Ranchi: Jharkhand has started to digitise its public distribution system (PDS) as a part of the National Informatics Centre's (NIC) pan-India initiative to monitor foodgrain theft, but for now only on a pilot basis across six blocks of as many districts. Part of the larger Rs 160-crore central project, Jharkhand is starting with distributing tablets and hand-held computers to 200 of the state's 22,500 PDS dealers in blocks of Ormanjhi...