-The Times of India BHUBANESWAR: Water levels in all major rivers in the state fell on Saturday, raising hopes of respite from the trail of misery that began exactly two weeks ago on October 12 when cyclone Phailin hit coastal Odisha. In the latest floods that have hit the state, seven more died on Saturday, taking the toll to 17 over the past three days. Two deaths each were reported from Bhadrak,...

-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...

-The Business Standard A third of Indians migrate, but government ignores them A recent UNESCO report reveals how widely prevalent migration within India has become, and has once again revived the apparently endless debate on whether this trend should be curbed or encouraged. Under the United Progressive Alliance government, internal migration has been seen as a sign of distress rather than of aspiration, and thus there have been various bids to control...

-PTI NEW DELHI: Doctors and medical establishments must be dealt with strictly for their negligence in giving treatment to patients, the Supreme Court on Thursday held and asked the government to enact laws for effective functioning of the private hospitals and nursing homes. "The doctors, hospitals, the nursing homes and other connected establishments are to be dealt with strictly if they are found to be negligent with the patients who come to...

-The Business Standard Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough Recently, the Reserve Bank of India governor exuded confidence that the Indian economy will do fairly better in the current fiscal. While it is difficult to envisage a significant turnaround, we believe interpreting the recent inflation uptick may be the key to such optimism. We also think that inflation (both wholesale and retail)...