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IMF forecasts 4.5% growth for India; to lose second fastest-growing economy tag

-The Economic Times India looks all set to cede the moniker of the world's second fastest growing major economy for 2012, a fall from glory for a country that was spoken in the same breath as China for much of the previous decade and even nursed ambitions of upstaging its larger neighbour. The latest global economic growth forecasts from the International Monetary Fund (IMF) have India growing at 4.5% in 2012 (at...

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2013 World Press Freedom Index: Dashed hopes after spring

-Reporters without Borders Access the 2013 World Press Freedom Index here. After the “Arab springs” and other protest movements that prompted many rises and falls in last year’s index, the 2013 Reporters Without Borders World Press Freedom Index marks a return to a more usual configuration. The ranking of most countries is no longer attributable to dramatic political developments. This year’s index is a better reflection of the attitudes and intentions of...

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‘India lost $123 billion in black money in a decade’

-The Indian Express India lost a whopping $123 billion in black money during 2001-2010, making it the eight largest victim of illicit financial outflow, a US-based research and advocacy organisation said in a report. However, India’s black money loss of $123 billion in 10 years is far less than that of China, which according to the report suffered a loss of $2.74 trillion during the same period (2001 to 2010), followed by...

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All to the sweat shop-Bhavdeep Kang

-Tehelka Here are the gaping holes in the argument for FDI in retail. No smooth talk can pave over it TOUTED AS a cure-all for India’s economic ills, Foreign Direct Investment (FDI) in multi-brand retail is at best an anodyne, and at worst, toxic. It is an attempt to lift markets by fabricating sentiment; signalling an economic turnaround without any concrete steps being taken to trim the fiscal deficit or boost manufacturing. All...

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Vaccine against dengue to be tested in India -Kounteya Sinha

-The Times of India PARIS: The world's most effective vaccine candidate against dengue is all set for trials in India and if all goes to plan, the vaccine will be available globally by 2015. The vaccine will be tested on 120-odd adults in the beginning, the results of which should be available by 2013. Thereafter, a largescale study on children — the main target group — will be undertaken. In an exclusive interview,...

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