The Economic Survey on Friday favoured a phased opening of foreign direct investments in multi-brand retail saying it could help address concerns of consumers and farmers, besides bringing technical know-how. Even as the debate over FDI continues, the survey said during 2011-12, projects worth Rs 24,143 crore are expected to be completed adding a capacity of 168.6 lakh square feet. "Permitting FDI in retail in a phased manner beginning with metros and...

More than 90 Rohingya refugees from Bangladesh have been rescued by police from a boat drifting in India's Andaman and Nicobar archipelago area. All of them were starving and seriously dehydrated, police said; 25 have been admitted to hospital. Doctors at the hospital said they had been on the high seas without food and water for more than a week. The migrants said they were set adrift in an engine-less boat on the...

These days, Jhum cultivation also known as ‘slash and burn method of cultivation’, ‘shifting cultivation’ etc has been under continuous scanner for its productivity and ecological viability. This form of cultivation is followed widely in almost all the North Eastern States including the hill areas of Manipur. There are those who consider jhum cultivation as unproductive and ecologically disastrous so that people (understood as tribal people of the hill areas)...

Don't let the cold winter this year blindside you to a contrary phenomenon that is creeping up upon us. Temperatures in India are set to get higher—higher than what the country has recorded in the past 130 years. The monsoon too is going to change; it will rain as much, perhaps higher, but in short, intense bursts, heightening the risk of floods and crop failure. These are some of the grim...

Despite a sharp rebound in economic growth for many countries, global unemployment in 2011 is likely to continue at the record highs of the past three years, highlighting the need for long-term policies that prioritize quality job creation, according to the United Nations labour agency. Moreover, a narrow focus in developed economies on reducing fiscal deficits without addressing the challenge of job creation will further weaken employment prospects in 2011, the...