Without policy efforts to deal specifically with issues such as reduced incomes and unemployment, the global economic crisis will be far from over. FOR most economic commentators, 2010 begins on an optimistic note. Just a year ago, there was much gloom about the world economy. The worst financial crisis since the Great Depression had broken out in full fury; asset markets in the United States, Europe and then most developing...

It is presumed that the industrial development in Bihar is hampered by lack of investments. Is it because of 'unproductive' government policies or an unpredictable law and order situation? And how to increase the flow of investment in the state? In order to find out answers to all such questions and debate these issues, Business Standard Hindi recently organised a roundtable in Patna. The seminar was attended by various small...

After seeking reply from Mukesh Ambani-led Reliance Gas Transportation Infrastructure Ltd (RGTIL) and others on Monday, the Supreme Court on Thursday again issued notice to the firm, the ministry of petroleum and others on another batch of petitions filed by land owners from Surat seeking adequate compensation from the company for using their land for laying gas pipelines to transport natural gas from Krishna-Godavari basin to Gujarat. A Bench headed by...

The 97th Indian Science Congress is in session at Thiruvananthapuram (January 3 to 7, 2010), the capital of the state of Kerala. For me, every session of the Congress is a new experience; an experience of learning and re-dedication to the cause propounded by the country’s first Prime Minister, Pandit Jawaharlal Nehru. It is a matter of pride for the scientific community in the country that it is the Prime...

Packaged sugar now costs Rs 46 a kilogram in the retail market and there are no signs of prices levelling off. With loose sugar also costing Rs 43-44 a kg, the poly-packed product is inexorably moving towards the Rs 50 a kg mark, with the government appearing helpless in containing the spiralling prices. The steady rise in sugar prices since the second half of last year is a consequence of...