Foreign companies affected by 2G verdict can invoke investment treaties The cancellation of the Unified Access Service Licence with 2G spectrum to telecom companies by the Supreme Court is celebrated as a triumph of the rule of law over jobbery and nepotism. Amidst this celebration, it is pertinent to understand the ramifications of the ruling. Since it affects foreign companies like Telenor of Norway, Sistema of Russia, and Etisalat of the...

It is getting harder for jobseekers to return to gainful employment and for new entrants to find adequate jobs, says the ILO. THERE is little in the International Labour Organisation's (ILO) annual projection of job growth to cheer about. The year 2012 has been described as a year of stark reality. A third of the global workforce is currently unemployed or poor; that is, 200 million members of the 3.3-billion-strong global...

-AFP The world's young increasingly fear a future without jobs, according to a UN report released Monday which highlighted how the 15-30 age group risks becoming the biggest victims of austerity programs.  The young doubt the education they receive will fully arm them for professional life, said the World Youth Report which questioned about 1,000 people for its study.  "Young people questioned the quality of education they and their peers receive, whether or...

India is readying to defend its policy requiring companies to source local content for the national solar mission project, a rule that has triggered protests from the US and the EU.  The commerce department is talking to the ministry of new and renewable energy on how to argue its case should the dispute reach the World Trade Organisation. The ministry is responsible for executing the Jawahar Lal Nehru National Solar Mission,...

Valley’s youth say peaceful political protests are the most effective means for achieving political aspirations. Estrangement from India is matched by the lack of interest in Pakistan In 2010 the Ministry of Home Affairs had commissioned a focussed survey on the priorities and aspirations of Kashmir’s new generation, which had spearheaded the long spell of unrest, and found that 54 per cent of them identified “Azadi” as their preferred “final status...