-The Hindu Food subsidies for poorest will help them cope: ADB A hike in the cost of food staples like rice and wheat could push tens of millions more people into extreme poverty in the South Asian region including India, says an Asian Development Bank (ADB) report. The Manila-based lending agency, in its report “Food Price Escalation in South Asia – A Serious and Growing Concern” released on Monday, however, said that food...

-The Times of India Diversion of foreign contribution by NGOs is not limited to the 12 organizations whose cases were referred for probe recently. The muck, in fact, runs much deeper with official figures showing that the government has taken action against at least 160 voluntary bodies, including referring 24 cases to CBI and seven to different state police for investigation in the past three years. Besides, 70 NGOs have been prohibited...

India's decision this month to produce Germany-based multinational Bayer's anti-cancer drug Nexavar, in the first use of "compulsory licensing" in South Asia, will save lives but also raises intricate questions. Under the compulsory licensing process, a government can under World Trade Organization (WTO) rules bypass a patent owner's rights after three years and order the manufacture and sale of life-saving medicines at much cheaper cost than by obtaining the medicine from...

-First Post A ten percent spike in food prices could push 30 millions more people into extreme poverty in India, a report by the Asian Development Bank (ADB) has said. Ironically,  data released by the Planning Commission on Monday showed that poverty had declined significantly between 2004-2005 and 2009-2010.In absolute terms, there were 35.5 crore poor people in 2009-10 against 40.7 crore five years earlier. As per the data, poverty across the...

Mao Zedong's only living grandson has suggested that the ideas of China's Great Helmsman were being misused by groups such as the Maoists in India, who were invoking his image to wage violence against the state. The greater relevance of Mao's philosophy in today's world was “to help maintain peace, stability and development” and create a more equitable global order, he said, suggesting that the former Chairman's ideas of “people's war”...