Singapore spot market, not production costs, driving Indian petrol price Have you ever wondered why when petrol prices go up or down they do so uniformly across the retail outlets of the three oil marketing companies — Indian Oil, Hindustan Petroleum and Bharat Petroleum? If they are three different companies with their own refineries and distribution systems, then surely their costs and selling prices must be different? Welcome to the strange world...

Disability is widely recognized as a cross cutting developmental issue that has relevance to all dimensions of social exclusion. Even today, if we link up disability to developmental issues, it raises serious concerns where people with disabilities are at a double burden of marginalization. Disability has been seen as both the reason for and the consequence of poverty. Trapped in the vicious cycle of poverty, people with disabilities are denied...

-The Business Standard   The to-do over retail FDI signals that the political class is anti-reform The political drama over the opening up of the retail sector to foreign investment is significant, not on account of whatever might happen to the immediate issue, but for what it says about the prospects of any kind of economic reform. In and of itself, the opening up of the retail sector is not hugely important, except...

—Xinhua Deepening degradation and scarcity of land and water resources pose a severe challenge to the world's capacity to meet human demands by 2050, U.N. Food and Agriculture Organisation (FAO) Director-General Jacques Diouf said on Monday. FAO report In the last 50 years, a significant increase in food production combined with demographic pressure and unsustainable agriculture practices have spoiled the land and water systems upon which food production depended, Diouf told a press...

The Planning Commission has received a sweeping set of recommendations that proposes free health care and medicines for diverse needs to all Indian citizens, irrespective of economic means. Whether or to what extent the proposals — described as “even bigger” than the UPA’s blockbuster job scheme — will be accepted will depend on the political and executive leadership. If the government throws its weight behind the initiative, it will effectively mean...