The Indian economy should recover from the recession caused by the global meltdown. India’s exposure to the world economy is quite limited. It is mainly through the exports market and partly through foreign investment flows either as equity or debt capital that financed private investment. The extent of the dependence, however, is quite low. The recession in the exports market affects only few sectors, such as textile and labour-intensive manufactures...

The Right of Children to Free and Compulsory Education Act, 2009 (RTE) remains on paper today; four months after it secured presidential assent. This, after the Human Resource Development Ministry flagged its passage by Parliament as one of its achievements in the first 100 days of the second edition of the United Progressive Alliance (UPA) government. Allocation And, from all indications, the RTE — the law to operationalise the Fundamental Right...

Beijing had to take some harsh steps to reduce pollution ahead of last year's Olympic Games in the city. As the countdown for the Commonwealth Games in Delhi begins, here's some bad news. Delhi and its surroundings have some of the worst polluting zones in the country, according to a list of India's severely polluted industrial clusters released by the environment ministry on Thursday. Ghaziabad takes the third rank in...

“States should ensure effective public distribution system”  Fiscal deficit at 6.8 per cent of GDP a challenge Dip in exports due to low demand following economic downturn in foreign markets Union Finance Minister Pranab Mukherjee on Thursday said increasing food grains productivity, ensuring effective distribution of subsidised essentials to vulnerable groups and allowing duty-free import were some of the steps taken to control the spiralling prices of essential commodities. Speaking at the 109th...

This has been quite a decade for global corporate leaders, volatile not only in terms of their actual fortunes, but even more so with respect to the shifting perceptions of society. When the decade began, large corporations and those at their helm were at the peak of their power, flush with riches delivered by the dotcom boom in the US economy as well as the vast opportunities created by easier...