One week from now, the United Nations estimates, the world’s population will reach seven billion. Because censuses are infrequent and incomplete, no one knows the precise date—the US Census Bureau puts it somewhere next March—but there can be no doubt that humanity is approaching a milestone. The first billion people accumulated over a leisurely interval, from the origins of humans hundreds of thousands of years ago to the early 1800s. Adding...

Although India is a labour-surplus economy – with an unlimited number of workers willing to work at a subsistence wage – a paradoxical feature of the labour market is the rising incidence of scarcity or shortages amid a situation of potential plenty. No doubt, this pertains to skilled labour. But when 15 per cent of Indian trucks are idle owing to a shortage of drivers or India Inc is worried...

It was once a sleepy hamlet with rolling stretches of barren land, little agricultural activity and hardly any economy to boast of. But the nuclear power project transformed Kudankulam drastically. There was a minor real estate boom, income levels rose and lifestyles changed. Today, in the place of a small vegetable shop is a market place selling a wide variety of vegetables. All that is set to be reversed.  The anti-nuclear...

When put in charge, women in India are better than men at providing clean water and adequate sanitation for their communities. And despite the gains women have made in the developed world, they’re still doing about as much of the housework and childcare as women in India. The World Bank’s recently released 2012 World Development Report on gender equality and development shows progress in some areas, while in others gaps in...

-The Business Standard   After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping...