Even a cursory glance at the daily newspaper reveals the economic mindset and the manipulation of that mindset into losing its sense of balance and well-being by the plethora of reports, articles and stories on the economic life of the Indian nation. There are all sorts of stories, statistics, credit appraisals, banking trends, FDI investment couched in the jargon of the modern economy that, curiously enough, seems to be so...

Talks under way at the historic United Nations climate change conference in Copenhagen, Denmark, have entered the drafting phase towards reaching a final agreement. The two-week summit in the Danish capital entered its fourth day today, and negotiators have only a few days to wrap up their work before the start of the high-level segments next week, which will draw government ministers and heads of State. The UN Framework Convention...

The prime minister of Denmark, Lars Løkke Rasmussen, is now calling for a “political declaration” at the Copenhagen climate change conference, instead of the promised “ambitious” and “binding” outcome. In other words, brave words will take the place of bold deeds at Copenhagen. India and other developing countries are reluctant to accept this lowering of sights and are still hoping for substantive results. The Danish announcement is disappointing but not unexpected....

The G8 countries have promised to increase the spending on agricultural development by $20 billion over the next three years. The amount is woefully less than the $44 billion that will be needed each year to end malnutrition.  At the world leaders’ meeting in Copenhagen, it is imperative that governments pledge to adopt up-to-date technologies to boost food production as well as outweigh the negative impacts of climate change. A...

The group of four emerging economies sets June 2010 as deadline to reach consensus  Further negotiations on any unresolved issues should be in accordance with Bali mandate Rich nations should provide finance and Technology support to developing countries Not hopeful of an agreement on climate change at Copenhagen — the negotiations for which begin next week — the group of four emerging economies, Brazil, South Africa, India and China, have set June...