-The Indian Express Over-dependence on fossil fuels will hurt sustainable development in India For decades, mature economies have seen their jobs being off-shored to newly industrialising countries. To stop the bleeding, they are working hard to unleash the digital and renewable energy revolutions. The aggressive push to regain Competitiveness by digital automation has been widely noted. What is less understood is the logic behind the energy transformation. In manufacturing economies, the cost...

-PTI 'No country is a top performer in every sub—pillar' Geneva: India has been ranked very low, mostly in the bottom half, globally on most of the parameters for inclusive growth and development even as it fares much better internationally when it come to business and political ethics. In a first of its kind global rankings, across different groups of countries in terms of their per capita income levels, the World Economic Forum...

-The Indian Express Government should devise a crop-neutral incentive structure to attract farmers to pulses over paddy.  Policymakers and consumers can rejoice in the light of the latest price data. Food inflation in particular has witnessed significant moderation. In May 2015, food prices were up by only 2.3 per cent at wholesale and 5 per cent at retail levels over May last year. The increases in minimum support prices for the...

-The Times of India MUMBAI: As many as 66% of businesses in the country believe that some form of bribery is acceptable, in spite of increased regulatory actions and public outcry against corruption, according to a survey. Around 80% believe that corruption is still widespread, with 52% saying offering gifts to win businesses is "justifiable to help a business survive", while 27% justify cash payments, the survey on fraud and corruption by...

-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...