-PTI Economies of Indian states can grow 1.08% faster with every 10% increase in Internet and broadband connections, says a study released today by Indian Council for Research on International Economic Relations (ICRIER). Consequently, for every 10% increase in Internet and broadband penetration, India could potentially add $17 billion to the Gross Domestic Product (GDP), the report said. "Our first major finding is the existence of a positive and significant coefficient on Internet....

The goals of the Right to Education (RTE) Act are unrealistic and unachievable in its entirety education experts and policymakers said at a conference here today, and endorsed the need for more dialogues with civil society, government agencies and educational service providers to bring the landmark legislation to fruition.              There is an imperative need to look afresh into the RTE Act, iron out its ambiguities and...

Industrialised countries are increasingly outsourcing part of their emissions of greenhouse gases to emerging economies such as China and India through global trade, a new study has revealed. The study by an international team of scientists has also shown that greenhouse gas emissions in the atmosphere have rocketed to unprecedented levels despite the global financial crisis (GFC) two years ago. Although the GFC did lead to a temporary dip in emissions from...

Finance Minister Pranab Mukherjee may be right in pushing for FDI in retail because reports have been pouring in, indicating that the economic downturn in India and abroad will worsen in coming weeks. 'I want money,' an agitated Finance Minister Pranab Mukherjee reportedly told the Cabinet on Thursday, November 24, when coerced by colleagues from his Congress party for pushing 51 per cent Foreign Direct Investment in retail. The FDI issue is...

Karnataka, India’s IT success story and its most preferred destination for foreign investment, boasts of the country’s highest per capita income. Its economic indicators are nothing short of superlative and yet the South Indian State accounts for thousands of child deaths due to malnutrition. A recent report shows that despite high SGDP growth and heightened economic activity, Karnataka fares poorly in hunger index and child malnutrition. A recent report by news...