-Reuters Global food prices rose in February from the previous month, driven by gains in grains, vegetable oils and sugar, the United Nations' FAO index showed on Thursday, adding inflationary pressure. The index, which measures monthly price changes for a food basket of cereals, oilseeds, dairy, meat and sugar, averaged 215.3 points in February, up from a revised 212.8 points in January, data from the Food and Agriculture Organisation (FAO) showed. The FAO...
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Extreme Poverty Drops Worldwide by Nikhila Gill
The world has achieved its first Millennium Development Goal of cutting extreme poverty in half ahead of the 2015 deadline, a study by the World Bank shows. The bank defines extreme poverty as living on under $1.25 per day, adjusted for purchasing power parity. According to the report, released this week, 1.29 billion people, or 22 percent of the developing world’s population, live below $1.25 a day, down from 52 percent...
More »Government subsidy burden at 10-year high
-IANS The Indian government's subsidy burden is expected to reach 2.5 percent of the country's gross domestic product (GDP) for the fiscal ending March 31, the highest in 10 years, due to higher price of crude oil and other commodities, a report showed Tuesday. The total subsidy is expected to increase to Rs.2,23,000 crore in the current financial year, which is 2.5 percent of GDP at the current market price which is...
More »'For women, toilets more important than mobiles'-Shahnawaz Akhtar
-IANS For a woman, a toilet is more important than a mobile phone, but men don't understand that, feels Anita Narre. She is the 20-year-old tribal whose rebellion not only ensured a toilet in her marital home but ushered in a sanitation revolution in a backward region of Madhya Pradesh. Last year in May, she had left her in-laws house in Ratanpur village of Betul district after barely two days of marriage...
More »IIMs, IITs fail to impress India Inc on gender diversity; recruiters complain of lesser women graduates by Saumya Bhattacharya & Devina Sengupta
India's top business and technology schools are struggling to keep pace with the growing gender diversity aspirations of big employers in India Inc. Women students at IITs have almost doubled to 11% in five years and their numbers at two B-schools - ISB-Hyderabad (29%) and IIM-Kozhikode (36%) - are inching closer to Harvard Business School (39%). Yet, recruiters complain there still aren't enough women graduates to untangle the diversity labyrinth at...
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