-The Business Standard   Concerned over rising inflation, the Inter-Ministerial Group (IMG) today suggested opening up multi-brand retail to foreign investors and changes in agriculture marketing laws to check the rate of price rise. “We are taking a clear position on Foreign Direct Investment (FDI) in multi-brand retail. Of course, it is a recommendation, not policy,” said chief economic advisor and IMG chairman Kaushik Basu. The IMG, he added, favours formulation of a...

Progress has been made on key MDG health targets, but non-infectious diseases have spread to developing countries The world is experiencing a change in the geographic distribution of diseases. Traditionally, infectious diseases, which claim the lives of so many children, have affected poor countries and non-communicable diseases, such as diabetes, cardiac ailments and cancer, have plagued rich countries. But the latest statistics released by the World Health Organisation (WHO) on Friday show...

TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...

Participants at a United Nations summit today outlined a 10-year plan to support the world’s most vulnerable countries overcome poverty, calling on the private sector to play a greater role in the fight, urging wealthy nations to step up their aid commitments and demanding the elimination of many trade barriers. The Istanbul Programme of Action to spur development and economic growth was made public at the end of the Fourth UN...

The world is experiencing a change in the geographic distribution of diseases. Traditionally, infectious diseases, which claim the lives of so many children, affected poor countries, and noncommunicable diseases like diabetes, cardiac ailments and cancer plagued rich countries. But the latest statistics released by the World Health Organisation (WHO) Friday show that the income level of nations is no longer so important, and that all countries now face the burden of...