Despite a sharp rebound in economic growth for many countries, global unemployment in 2011 is likely to continue at the record highs of the past three years, highlighting the need for long-term policies that prioritize quality job creation, according to the United Nations labour agency. Moreover, a narrow focus in developed economies on reducing fiscal deficits without addressing the challenge of job creation will further weaken employment prospects in 2011, the...

A thriving black market in kerosene, estimated to be worth Rs 10,000 crore every year, killed additional collector Yeshwant Sonawane. A litre of kerosene sold at ration shops is often costlier than a bottle of packaged water. Most of this "poor man's fuel" is pilfered and sold in the black market for a price that's two or three times higher. It's really money for jam. Sonawane tried to meddle with this...

Ilina Sen, wife of activist Dr Binayak Sen, was on Monday booked by Wardha police for not informing them about the participation of foreign nationals in 13 th National conference for the Indian Association of Women's Studies (IAWS) organized under her supervision at Mahatma Gandhi International Hindi University. The four-day conference concluded on Monday. The cops have also booked the in-charge of the accommodation committee of the conference. The offences against...

The year 2010 ranked as the warmest on record – together with 2005 and 1998 – according to the United Nations World Meteorological Organization (WMO), which added that last year also witnessed a large number of extreme weather events, including the heat wave in Russia and the devastating floods in Pakistan. In 2010, the global average temperature was 0.53 degrees Celsius (0.95 degrees Fahrenheit) above the mean for the period from...

The rapid growth of global markets has not seen the parallel development of social and economic institutions to ensure balanced, inclusive and sustainable growth. Although we may not have yet reached “the end of history,” globalisation has brought us closer to “the end of geography” as we have known it. The compression of time and space triggered by the Third Industrial Revolution —roughly, since 1980 — has changed our interactions with...