The impact of global recession will force an additional 64 million people across the world to live in extreme poverty by 2010, warns the World Bank. The economic crisis and recession have substantially increased the challenge of meeting the Millennium Development Goals (MDG) targets, according to the World Development Indicator (WDI) 2010 released by the World Bank on Tuesday. In contrast to the record growth in 2000-07, the global economy grew only...

Summer temperature in India is set to remain above average, weather officials said, raising hopes of heavy rains at the start of the monsoon season that will help early sowing of rice, soybeans and lentils. Early sowing and the subsequent early harvest insulates crops from weather risks such as weak rains towards the end of the June-September monsoon season that delivers 75-90% of the rainfall in most parts of India. It also...

“85-90 per cent disposal done in unorganised sector”  Minister says he is against import of used computers in the name of charity Computers, mobiles and other electronic gadgets become e-waste at the end of their life cycle Minister of State for Environment and Forests Jairam Ramesh announced in the Rajya Sabha on Monday that the government proposed to come out with a new set of rules for disposal of e-waste by May...

Freebies for the IPL — at a time of savage food subsidy cuts for the poor — benefit four men who make the Forbes Billionaire List of 2010 and a few other, mere multi-millionaires.  And so the IPL fracas is now heading for its own Champions League. Union Cabinet Ministers, Union Ministers of State, Chief Ministers (and who knows a Governor or two might pop up yet) are being named...

The West Bengal government has decided to distribute land, free of cost, to poor farmers and landless agricultural labourers by buying land from willing landowners, offering them a price which may be higher than the market value. More than two lakh families are likely to be benefited by this step, which is expected to add an important dimension to the sphere of land reforms. Finance Minister ASIm Kumar Dasgupta told The...