The world economy may have turned around from one of the worst economic recessions that left it scarred in 2009 but things still look far from being radiant as global unemployment remains at a record high for the third consecutive year. If Global Employment Trends 2011, published by International Labour Organisation, is anything to go by, then low job creation remains a major stumbling block in the global economic recovery....

Illegality in India today touches almost every economic activity. It is both systemic and systematic. The Indian ruling class faced its severest crisis of credibility in 2010. Its past caught up with it and skeletons and scams were spilling out of its closets. The scams have a symbiotic relationship with the black economy. The number of scams is growing and so is the size of the black economy, which has reached...

Describing female foeticide as a “disgrace” to society, President Pratibha Patil has called upon the medical fraternity to ensure that diagnostic tests are not misused for pre-natal gender determination. “We have laws and legal provisions that specially prohibit medical practitioners from disclosing the gender of the foetus. It is not only illegal, but it is socially immoral and detrimental to society. It is very important that all medical facilities, doctors and...

The Supreme Court has issued a notice to the Centre on a public interest litigation seeking disclosure of all taped telephonic conversations of corporate lobbyist Niira radia . A bench comprising Justices GS Singhvi and SS Nijjar on Monday sought a response from the government on why the tapes containing conversations between radia and various politicians, businessmen and journalists should not be made public. It posted the matter for further...

The Supreme Court on Monday issued a notice to the Central government on a PIL seeking disclosure of contents of all tapes of corporate lobbyist Niira radia which were tapped by government agencies, except pure private conversations. A bench of justices G S Singhvi and S S Nijjar issued notice to the Centre and adjourned the matter for further hearing on February 2. The court passed the order on a petition filed...