-The Telegraph New Delhi: Foreign corporations have created over 247,000 jobs through research and development (R&D) investments in India over the past decade, but most of the activities appear relatively unimportant with little long-term gains , researchers have said. The study, described as the first comprehensive assessment of foreign direct investment (FDI) in R&D, has challenged suggestions by Indian science policy makers and foreign corporations a decade ago that turning India into...

-Outlook Bhubaneswar: A World Bank team has offered to provide technical assistance, global expertise and logistic support to Odisha and its mining sector, official sources said today. This was conveyed by the five-member World Bank Team led by Vikram Menon, State Programme Coordinator, to the state government while wrapping up its visit here yesterday. "The team expressed its willingness to provide and utilise non-lending technical assistance and world-class expertise in the state mining...

-The Hindu With the economic boom petering out, those who benefitted from it are angry with the government for the Food Security Bill because it is paying attention to the needs of the underprivileged for a change This week's received wisdom insists that the Indian economy has irretrievably collapsed because on Monday, the Lok Sabha passed the National Food Security Bill (NFSB). The Hindu Business Line headline (Aug.28, page 1) said it...

-The Hindustan Times India's fabled growth story has just been exposed by an unlikely source - the World Bank (WB). Unlikely, because this institution is one of those most responsible for advocating economic growth as the pillar of development. In a report released on July 17, the WB states that the cost of environmental damage amounts to 5.7% of India's Gross Domestic Product (GDP). This effectively means (though the report fights shy of...

-The Times of India NEW DELHI: The Centre intends to exempt political parties from RTI scrutiny on the ground that they are not "substantially funded" by the government and so are not required to reveal details such donors and other funding sources. The government expects to consult political parties to firm up a consensus on undoing the Central Information Commission order putting parties under the ambit of the Right to Information Act...