-BBC   Inequality in earnings has doubled in India over the past two decades, a new report says, making it one of the worst performers among emerging economies. The Organisation for Economic Cooperation and Development (OECD) says the top 10% of wage-earners make 12 times more than the bottom 10%, compared to six times 20 years ago. The OECD says India has the highest number of poor in the world. Some 42% of its 1.21...

-PTI   India has become "less equal over time" and earningsinequality in the country has increased significantly since the early 1990s, Paris-based think tank OECD said today. The observations are a part of OECD's report focusing on inequality patterns and related policy challenges in the emerging economies of India, China, Argentina, Brazil, Indonesia, Russia and South Africa The Organisation for Economic Cooperation and Development (OECD) is a 34-member grouping of mostly advanced nations, that...

-The Hindu   This is a major step towards providing liberation to farmers, says Sharma Ridiculing claims that opening of foreign direct investment (FDI) in multi-brand retail will lead to displacement and unemployment, Union Commerce and Industry Minister Anand Sharma on Friday asserted that this bold move would lead to creation of 10 million jobs and billions of dollars in investments during the next three years. Brushing aside the criticism by the Opposition parties,...

-AP   As delegates gather in South Africa to plot the next big push against climate change, Western governments are saying it’s time to move beyond traditional distinctions between industrial and developing countries and get China and other growing economies to accept legally binding curbs on greenhouse gases. It will be a central theme for the 20,000 national officials, lobbyists, scientists and advocates gathering under U.N. auspices in the coastal city of Durban...

-IANS   A Punjab-origin man in Argentina, who started a peanut farm a few years ago, has gone on to become the 'uncrowned king' of rice, soya and corn plantations in South America. Simmarpal Singh's company Olam, based in Singapore and run by people of Indian origin, is one of the major rice traders of the world, says R Viswanathan, India's ambassador to Argentina, Uruguay and Paraguay. "The Argentines admire this young Indian's dynamism...