This report is sure to come as a shocker for all those who thought the worst was over after believing that the recession is petering out. The recently released World Economic Situation and Prospects 2010 (WESP) of the United Nations (UN), predicts that the economic growth in the developing world will remain well below the pre-crisis pace of more than 7 per cent per annum. China’s and India’s economies are...

The drowning Sundarbans, receding Gangotri, excessive and untimely rain in Maharashtra and unprecedented droughts in Madhya Pradesh. Seen in isolation, these events may seem like random coincidences. Put it all together and the story that emerges is of an impending catastrophe. As mankind raced towards industrial and consumption driven development goals, the concept of sustainability got lost somewhere along the way. While we, the common people, might think that climate change...

Angus Deaton, the Princeton economist regarded as world's foremost authority on cross-country income data, has cast serious doubts on the World Bank's last upward revision of global poverty figures and India's statistics are at the centre of the storm. The world became poorer as a result of a combination of India's economic growth and its low poverty line, Deaton, who is president of the American Economic Association, said in his...

I have been an advisor to The Energy and Resources Institute or Teri, a distinguished visiting fellow there since 1996, except when I was the chairman of the Central Electricity Regulatory Commission, the director-general of the National Council of Applied Economic Research, the chairman of the Institute for Social and Economic Change and on boards of management and economic research institutions. This disclaimer is intended to forestall motives being ascribed...

For non-compliance, clinical establishments may face fine up to Rs. 5 lakh  Private facilities often refer accident victims to government hospitals to avoid legal hassles All clinical establishments will have to register with State Council The Clinical Establishments (Registration and Regulation Act) Bill, 2010 — approved by the Union Cabinet last month — makes it mandatory for all clinical establishments to provide medical care and treatment to stabilise any person in an...