-Outlook Instead of playing a leadership role, the Manmohan Singh government has surrendered all political initiative internationally to the US and the EU countries and locally to parties such as the DMK, motivated by political opportunism Is there a neo-LTTE emerging nearly four years after the Liberation Tigers of Tamil Eelam (LTTE) was wiped out in May, 2009, by the Sri Lankan security forces? That is a question that needs the...

-Live Mint Experts say private banks achieve lending obligations by buying out loans from non-banking entities Most private banks in India have not been able to meet the needs of farmers although they are expanding their rural and semi-urban branch network. This is why the Reserve Bank of India (RBI) is insisting that at least one-fourth of the branches of the new banks that will be given a licence must be located...

-The United Nations The rapid growth of developing countries is propelling millions out of poverty on an unprecedented scale and radically reshaping the global system, according to a flagship United Nations report launched today. “The rise of the South is unprecedented in its speed and scale,” says the Human Development Report 2013, which uses the term “South” to mean developing countries and “North” to mean developed nations. “Never in history have the...

-First Post In an interview with Firstpost, Ajay Chhibber, Regional Director of the UNDP, tells us why India ranks low on the Human Development Index, below China, Sri Lanka and Iran, what we need to do to improve our standing and why welfare schemes are not to be blamed for poor growth or inflation. Excerpts from the interview: * Why does India lag other BRIC countries in the HDI ratings? Compared to the other...

-The Hindu India Specific Safeguard Agreement being implemented very smoothly The Indian civil nuclear programme as well as the country’s tightening of laws to check nuclear proliferation came in for praise from Director General of the International Atomic Energy Agency Yukiya Amano. Speaking to journalists here after touring Tarapur Atomic Power Station’s units 3 & 4, Dr. Amano lauded the “serious efforts, enthusiasm by the operators, engineers to further improve, further enhance the...