-Outlook Nobel laureate Joseph E. Stiglitz is one of the world’s leading economists. A former chief economist at the World Bank and currently University Professor at the Columbia Business School, he was recently in India to attend an international conference on development and to promote his new book, The Price of Inequality. He spoke to Pranay Sharma about growing inequality in the world and the challenges facing India. Excerpts: * Your coinage,...

-The Times of India India's two top metros, Mumbai and Delhi, still lack what it takes to be world class cities. In a United Nations report on world's cities, India's financial capital ranked 52 among 95 cities while the political capital came in 58th. The State of World's Cities report released by UN Habitat on Wednesday, ranked cities on five parameters of "prosperity". While Shanghai, Beijing and Bangkok were all ranked higher...

-The Times of India Keen to snap out of a policy coma and rev up an anaemic economy, the government is looking to slash " green tape" by making lease extensions simpler, amending restrictions on work beginning on projects where forest land is involved and easing expansion norms for mines. Sifting through highly polarizing arguments, new initiatives aim to reduce points of contention that have often locked ministers in charge of economic...

-The Indian Express After QS and Times Higher Education published their rankings of universities across the world, higher education has become the subject of fierce debate in India. The highest ranking institutions from India are the IITs, but even these do not figure in the top 200. The general refrain — why does no Indian university find a place among the top global universities? Unfortunately, given our present policies on higher education...

-Live Mint The OECD forum is discussing how to make the aspirations of the common man relevant to policymaking New Delhi: In the face of a deepening economic crisis and social resistance to austerity measures, world leaders are considering a collective experiment to include parameters such as well-being and happiness in national and international statistics. The Organisation for Economic Co-operation and Development’s (OECD) World Forum on Measuring Well-being for Development Policy Making being...