-The Hindu Year 2015 will be crucial as shale oil firms begin to feel the pinch of low prices Are falling oil prices good or bad for the global economy? And how do they work for India? Till recently these questions were no-brainers. Cheaper oil is obviously good for the global economy; for an energy-intensive economy such as India's, which also depends on imported oil for meeting four-fifths of its needs, a...

-The Hindustan Times If you've somehow managed to wrench yourself away from witnessing the ever plunging new lows during the ongoing election campaigns, including name calling, mud (and ink) slinging and repeated exchanges of the same accusations between political rivals, you will surely have noticed the exuberance in the markets - the Sensex has touched a record high and the long-languishing rupee has strengthened to within striking distance of sub-Rs 60...

-The New Indian Express   Most people would have been shocked to read the year-end report that India has been ranked 63rd, much below countries like Pakistan, Bangladesh and Nepal, on the Global Hunger Index (GHI), a yardstick used by the International Food Policy Research Institute (IFPRI) to comprehensively measure global hunger. The index is calculated as an average of three indices-undernourishment, underweight children and low child mortality rate-and is measured on a...

-The Hindu With the economic boom petering out, those who benefitted from it are angry with the government for the Food Security Bill because it is paying attention to the needs of the underprivileged for a change This week's received wisdom insists that the Indian economy has irretrievably collapsed because on Monday, the Lok Sabha passed the National Food Security Bill (NFSB). The Hindu Business Line headline (Aug.28, page 1) said it...

-The Hindu The currencies of India, Indonesia, Brazil, South Africa and Turkey have fallen quite dramatically against the dollar in the past few months. Whatever their domestic weaknesses, the reasons for this unprecedented decline - ranging between 13 to 21 per cent - are primarily global. In the past 48 hours, as tension mounts in West Asia, an already unprecedented situation has become even more difficult. On Wednesday, the rupee, as...