-The Times of India LONDON: The first decade of the 21st century has been found to be the warmest ever with the global average surface temperature for that decade at 14.4°C. In the northern hemisphere which includes majority of Asia and all of Europe, the years 1983-2012 has been found to be the warmest 30-year period of the last 1,400 years. The Intergovernmental Panel on Climate Change's (IPCC) latest report has now confirmed...
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Better, but still lagging behind-Govindan Nair
-The Hindu It is premature to speak of a ‘new Bihar' based on the experience of a compressed time-frame Rekindling Governance and Development: Edited by N. K. Singh, Nicholas Stern; HarperCollins Publishers, A-53, Sector 57, Noida-201301. Rs. 699. The editors of this book have gathered a panel of stellar luminaries to valorise their notion of ‘The New Bihar'. Learned, laudatory essays extol the sea-change wrought by the NDA government since it came to...
More »Dangers of chilling on climate change-Nagraj Adve
-The Hindu Even if the rate of global warming is lower than earlier believed, there is no room for complacency The forthcoming Intergovernmental Panel on Climate Change (IPCC) Summary for Policymakers, it has been reported, states that the rate of global warming has slowed over the last 15 years. It also argues that estimates of eventual warming from a doubling of carbon dioxide levels in the atmosphere are lower than was earlier...
More »Ripple effect of rising fuel prices: Get used to high food prices, RBI can do little to counter them -Avinash Celestine
-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...
More »WPI, CPI divergence seen in food inflation-Partha Sinha
-The Times of India Mumbai/DELHI: Has the government's statistical office erred with data collection relating to food prices, either by chance or design, for calculating the two inflation indices, Consumer Price Index (CPI) and Wholesale Price Index (WPI) for August? Else how can someone explain the fact that while food prices as shown in WPI for August exhibit a higher rate of inflation now than a year ago, food inflation as measured...
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