-The United Nations Nearly 5,000 delegates today kicked off a United Nations forum in Geneva focusing on the global jobs crisis and its impact on youth, as well as social protection and rights at work. The 101st International Labour Conference comes at a time when around 30 million people have been added to the unemployed since the 2008 financial crisis, and nearly 40 million more have stopped looking for employment, according to...

The World of Work 2012 report presents a bleak picture of the global job situation. FOUR years after the global crisis erupted in 2008, organisations such as the International Labour Organisation (ILO) believe that labour markets still have not fully recovered. The world economy is not expected to grow at a sufficient pace over the next couple of years to overcome the crisis. These organisations present some depressing facts: those...

-PTI With key UPA ally Trinamool Congress averse to FDI in retail, finance minister Pranab Mukherjee today said the Centre is trying to build a consensus on it and other contentious issues. "We are working to build a policy consensus on a number of pending issues such as introduction of Goods and Services Tax, further liberalisation of FDI, including in retail, and deepening and strengthening of financial markets for long term investments,"...

Amid protests over India's steepest-ever petrol price hike last week, many are now beginning to ask the question: Is the government milking the common man to keep its oil companies profitable? Consider these: Each time, you fill your car with a litre of petrol in Delhi, the Centre gets richer by Rs. 14.78 and state government earns another Rs. 12.20. In 2010-11 ( the latest figures available), the Centre and state governments...

It is mostly caused by deliberate neglect and designed failure of the way we manage water and land It’s drought time again. Nothing new in this announcement. Each year, first we have crippling droughts between December and June, and then devastating floods in the next few months. It’s a cycle of despair, which is more or less predictable. But this is not an inevitable cycle of nature we must live...