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What's cooking in inflation numbers?-Soumya Kanti Ghosh

-The Business Standard Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough Recently, the Reserve Bank of India governor exuded confidence that the Indian economy will do fairly better in the current fiscal. While it is difficult to envisage a significant turnaround, we believe interpreting the recent inflation uptick may be the key to such optimism. We also think that inflation (both wholesale and retail)...

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India ranked 38th in Index of Democracy; US 21st

-IANS India also gets high scores for electoral process and pluralism (9.58) and civil liberties (9.41) Washington: Even as it acknowledges India as the world's most populous democracy, the Economist magazine's Index of Democracy 2012 ranks India 38th among 165 nations with an overall score of 7.52. India also gets high scores for electoral process and pluralism (9.58) and civil liberties (9.41). The top three positions go to Norway (9.93) Sweden (9.73) and...

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Can India Inc. face the truth about the Manesar violence?-G Sampath

-DNA It would be sad if the ghastly violence at Maruti Suzuki’s (MSIL) Manesar plant on July 18, 2012, in which a HR manager died, were to be understood simply as a ‘murderous workers’ vs ‘rational management’ kind of an incident. There is a history and a context to this violence, and how that is understood, and acknowledged, by India Inc. will indicate how serious we are about preventing such incidents...

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In India, an Inflation Dilemma -Anant Vijay Kala

Inflation in India rose above expectations in April, making life difficult for the nation's central bank as it tries to revive an economy facing increased stagflation risks. The Reserve Bank of India last month cut its policy rate for the first time in three years to boost sagging growth. But inflation has remained stubbornly high, raising concerns the economy may be facing a nightmare scenario of slowing growth and rising prices. On...

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Lopsided growth by Venkitesh Ramakrishnan

U.P.'s GDP grew at 7.28 per cent in the past five years, but the State ranks low in virtually every area of socio-economic development. IF statistics on gross domestic product (GDP) are the only criteria to evaluate the performance of a government, the Mayawati-led Bahujan Samaj Party (BSP) government in Uttar Pradesh will have to be rated as one with highly impressive credentials. For, India's most populous State has recorded a...

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