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Global meltdown wipes out Asia's gains by Prime Sarmiento

The global economic crisis has wiped out developing Asia's recent gains in poverty eradication as the meltdown is expected to have driven 21 million more people in the region into poverty. A joint report by the United Nations and the Asian Development Bank shows that the global economic slowdown has slackened trade, slashed export and tourism receipts and raised unemployment levels. This makes it difficult for the region to achieve its...

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Richer India makes the world poorer: Economist by Rukmini Shrinivasan

Angus Deaton, the Princeton economist regarded as world's foremost authority on cross-country income data, has cast serious doubts on the World Bank's last upward revision of global poverty figures and India's statistics are at the centre of the storm. The world became poorer as a result of a combination of India's economic growth and its low poverty line, Deaton, who is president of the American Economic Association, said in his...

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Notice (8): Trying to get property 'slug' of non-object [APP/Template/SearchResult/index.ctp, line 40]/kalyug-descent-into-darkness-by-colin-gonsalves-1204.html"> Kalyug: Descent into darkness by Colin Gonsalves

Between democracy and darkness stands the judiciary. It stands heads and shoulders above the judicial systems in Asia. But it is in rapid decline. Ahead is pitch darkness Colin Gonsalves, Delhi In the 61st year of the republic, surely, India has transited into Kalyug. Surveys of the Union of India as well as expert reports published by the Arjun Sengupta committee and the NC Saxena Committee appointed by the Central government...

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