-AFP The Asian Development Bank (ADB) Monday urged regional governments to tackle rising income inequality with more urgency, warning any delay could undermine social cohesion and economic growth. Rajat Nag, ADB's managing director-general, said failing to address the problem now could spark further dissatisfaction and lead governments to resort to populist measures to appease their citizens. But populist measures like fuel subsidies and cash grants are taxing on state coffers and could result...

-The United Nations The world must tackle the urgent challenge of ending hunger if it is to ensure a model of development that is sustainable over the long term, the head of the United Nations Food and Agriculture Organization (FAO) stressed today. “We cannot call development sustainable if we are leaving almost one in every seven people behind, victims of undernourishment,” Director-General José Graziano da Silva told participants at FAO’s biennial regional...

-Reuters   PERLE: As a shiny red harvester bounces across the black earth into the first row of sugar cane, excited schoolchildren run after it and several dozen men stand gaping in the wake of its swift progress. It's the first time that Perle, a village on the banks of the Krishna river in Maharashtra state, has seen a machine used for cutting the tough cane. "This machine will harvest my entire field today,"...

The Economic Intelligence Council will discuss the issue when it meets at the end of this month The government is likely to form a central agency to regulate so-called multi-level marketing (MLM) schemes after the Economic Intelligence Council found they had become a “preferred” mode of fraud. In the wake of an increasing number of economic offences, the United Progressive Alliance government has also decided to set up a multidisciplinary school...

-Economic and Political Weekly India’s fast food products must be subject to mandatory labelling. The role of fast or “junk” food with its concentration of fats, sugar and salt in the rapid multiplication of non-communicable lifestyle diseases has been the subject of countless studies over the past few decades, especially in the west. (A classic book from the United States with a title that says it all is Fast Food Nation.) Now, the...