-The Business Standard   The United Action Committee (UAC), a pro-Posco outfit active in the project site of the South Korean steel major in Orissa, has formed a core committee to hold discussion with the revenue divisional commissioner (RDC), Central range, on its long pending demands related to the project. The discussion is scheduled for tomorrow and is expected to revolve around UAC’s six prominent demands regarding higher compensation to the project...

-The Economic Times   Chhattisgarh will set up seven Industrial Training Institutes (ITIs) in Maoist-hit districts in a bid to stop youths from joining the rebels, officials said Saturday. "The central government has approved a proposal of the state government for setting up seven ITIs in districts worst hit by Maoist militancy. Each ITI will cost Rs.3.72 crore, which includes the cost of constructing the building and a 100-student capacity hostel," a...

India is today the world's largest importer of arms. These include fighter jet planes, missiles and radar systems for strategic partnerships and geo-political power. India is also investing in security and surveillance to combat foreign threats and resistance from its own people in places like the Kashmir valley, and the North East and tribal regions of Central India. This provides tremendous opportunity for multi-national corporations to sell and invest in...

Every day, through scorching summers and chilly winters, Himmat pedals his bicycle rickshaw through New Delhi's crowded streets, earning barely enough to feed his family. But to India's government he is not poor – not even close. The 5,000 rupees ($110) he earns a month pays for a tiny room with a single light bulb and no running water for his family of four. After buying just enough food to keep...

A balance sheet of the Fourth U.N. Conference on Least Developed Countries held in Istanbul. Since the international community recognised the special category of Least Developed Countries (LDCs) in 1971 and started extending special benefits to them, their number has increased from 25 in 1971 to 48 in 2011. In 40 years, only Botswana, Cape Verde and Maldives have moved up. Meanwhile, 26 countries were added. Clearly, the development strategy for...