-The Times of India NEW DELHI: The Indian economy, Asia's third-largest, faces a difficult situation where growth has slowed to a decade low but price pressures have remained stubborn. It has one of the highest inflation rates in the world, and the highest in Asia. Weak growth and high inflation also complicated the policy choice for the central bank. Separate data released by the Central Statistics Office showed industrial output slumped 1.8%...
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World Bank releases new report on climate change, global warming -Swati Mathur
-The Times of India LUCKNOW: World Bank has released a new report -- On Thin Ice: How Cutting Pollution can Slow Warming and Save Lives. The report that talks about ways to mitigate the effects of climate change says fast action to cut common pollutants like soot (also known as black carbon) and methane will not only slow global warming, but save millions of lives. Reductions of these so-called short-lived climate pollutants...
More »Despite declining rate, 7.3 million under-18 pregnancies in developing world: UN report
-Associated Press London: Teen pregnancies in the developing world are declining, but more than 7 million girls under the age of 18 are still giving birth each year, according to a United Nations report released Wednesday. The UN Population Fund expressed particular alarm about the dangers facing girls 14 or younger, who account for 2 million of the 7.3 million births to women under 18 in developing countries. This group faces the...
More »Catch-up in industrialisation-Deepak Nayyar
-The Hindu It was the visible hand of the state rather than the invisible hand of the market that helped the developing world catch up with the industrialised countries The emerging significance of developing countries, which gathered momentum after 1980, is beginning to shift the balance of power in the world economy. It could lead to a profound transformation in the next 25 years. This unfolding reality must be situated in the...
More »Prices rise, not hunger -Jitendra
-Down to Earth People prefer to eat less nutritious food than go hungry, says FAO GLOBAL CHRONIC hunger has declined significantly despite sharp increases in the prices of primary food products since 2008. Price hikes have limited effect on consumers, states Food and Agriculture Organization (FAO), in the report, The State of Food Insecurity in the World. According to FAO, chronic hunger is when a person does not regularly get enough food to...
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