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UN study finds increase in women managers, urges greater efforts for workforce equality

-The United Nations The last 20 years has seen a surge in the number of women employed in senior and middle management positions, according to a new United Nations report, which notes that although all-male company boards are decreasing in number, more must be done to achieve gender parity. The study, released by the International Labour Organization (ILO) and entitled Women in Business and Management: Gaining Momentum, covers 80 of the 108...

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Decoding the oil price fall -Raghuvir Srinivasan

-The Hindu Year 2015 will be crucial as shale oil firms begin to feel the pinch of low prices Are falling oil prices good or bad for the global economy? And how do they work for India? Till recently these questions were no-brainers. Cheaper oil is obviously good for the global economy; for an energy-intensive economy such as India's, which also depends on imported oil for meeting four-fifths of its needs, a...

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India bright spot in global economy; caste bias a concern: World Bank

-PTI GANDHINAGAR (Gujarat): World Bank on Sunday said India can grow at 6.4 per cent in 2015 and accelerate further next year, but cautioned that an enduring "bias" on the basis of caste and other factors can impede prosperity. The government, however, is well aware of this issue and the World Bank sees India as "a bright spot in an otherwise mediocre global economic outlook," the multilateral lending agency's president Jim Yong...

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Revisiting rural indebtedness - CP Chandrasekhar

-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...

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Choosing thy neighbour -Neelanjan Sircar & Megan Reed

-The Hindu The very process of development and change in India may be generating new forms of social and economic competition that manifest themselves in terms of social bias Popular debate around social biases in India is structured around two competing narratives. One view holds that as an urbanising country with rapid Economic growth over the past few decades, the importance of ascriptive identities such as caste and religion is gradually eroding....

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