The fourth edition of the World Economic Forum’s (WEF’s) Gender Gap Report, released on October 27, makes for somewhat depressing reading if you are Indian. The country has slipped four places in 2009 to rank 114 out of 134 countries. If there is slight consolation, it is that our biggest global economic competitor, China, fared slightly better, slipping two places over its 2008 ranking. Beyond that, comparisons appear meaningless. At...

The philosophy of self-aggrandisement defies social logic. Seven leading banks in the United States of America had last year incurred an aggregate loss of $82 billion; the chief executive officers of these banks nonetheless claimed and collected annual bonus to the extent of $38 billion. The economy might lie in ruins; that did not distract sharks from zooming in on their prey. Our corporate sector has shaped itself in the...

The Indo-Asean FTA provides an opportunity to be more engaged with the region This is an important week for Prime Minister Manmohan Singh. Over the weekend, at the Fourth East Asia Summit in Thailand, he will witness the final fruition of the second most important foreign policy initiative he took during his first term in office — the India-Asean Free Trade Agreement. This should ensure he will be in better...

The right to information act (RTI) which is hailed as a great leap forward in the direction of transparency in governance is under serious threat. The UPA government that showcased the historical act as one of its achievements in the last Lok Sabha elections now seems to be bowing down to the system’s high and mighty by proposing amendments which seem designed to take the sting out of the people’s...

The UPA is in damage control mode over allegations that Indian officials took millions of dollars as bribes to help American companies secure government contracts. Five ministries are investigating specific charges of bribery against their officials, after the Indian ambassador to the US wrote a letter to the Centre. The Agriculture Ministry has asked the CBI to investigate allegations that US-based Dow Chemicals paid $ 200,000 to register 3 of...