Fast-growing emerging nations are taking increasingly aggressive actions to beat back rising food prices as they grow more worried of threats to stability if prices don't start to retreat. Developing-market governments have unveiled a laundry list of measures—including price caps, export bans and rules to counter commodity speculation—to keep food costs from disrupting their economies as price spikes that some had hoped were temporary have stretched into the new year. Some...

Despite its slackening industry, the common perception of West Bengal as a backward state has little substance when one looks at the facts. Most of us are conditioned to view economic development in terms of industrialisation. While industrialisation is essential for economic transformation, it is not as if economic growth is not possible without it. The sectoral structure of India's gross domestic product (GDP) and its slow transformation makes a good...

Chief minister N Kiran Kumar Reddy has decided to enhance the daily wages under the National Rural Employment Guarantee Act (Nrega) to Rs 121 from the existing Rs 100. The job card holders who have completed the existing maximum limit of 100 days of employment under Nrega A will also now be employed for an additional 25 days. A decision to this effect was taken by Reddy at a review meeting. Crop...

A Supreme Court judgment projects the historical thesis that India is largely a country of old immigrants and that pre-Dravidian aborigines, ancestors of the present Adivasis, rather than Dravidians, were the original inhabitants of India. If North America is predominantly made up of new immigrants, India is largely a country of old immigrants, which explains its tremendous diversity. It follows that tolerance and equal respect for all communities and sects are...

Chairman of the expert team of the Ministry of Environment and Forests (MoEF) Naresh Dayal said on Friday that prima facie there was no large-scale destruction of forest land for the controversial hill city project, Lavasa. Speaking to journalists on the third and final day of inspection, Mr. Dayal said that contradictory to the allegations made by social activists Medha Patkar and Anna Hazare, Pune's water supply would not be affected...