-IANS The International Labour Organisation (ILO) Monday warned of the emergence of a global jobs crisis, noting that around 50 million jobs that were lost during the financial crisis are still missing today. Despite signs that economic Growth has resumed in some regions, the global employment situation is alarming and shows no sign of recovery in the near future, the ILO said in a report entitled "World of Work Report 2012: Better...

Speaking at an international workshop on Equity and Climate Change, held on April 12, the minister for environment and forests, Jayanthi Natarajan, sought to build a consensus on the inter-relationship between equity and the principle of common but differentiated responsibilities in the Climate Convention, and the nature of the obligations they entail in the new arrangement that is to be negotiated. By focusing on a technical definition of equity the approach...

-The Economic Times India will have a normal monsoon this year, says the Met office. This is good news, even though the forecast does not rule out some slack during the second half of the season. What matters finally is the distribution of rainfall across space and time rather than the aggregate percentages. However, a good monsoon is only one side of the story to have a strong farm sector. Reforms are...

But non-farm income keeps economy afloat   New Delhi, April 25: The rural Growth story is slowly losing sheen because of inflation and rising input costs. In fact, rural price level is higher than urban price level. The March Consumer Price Index number for rural India stood at 116.3, while that for urban India stood at 114.6. Mr Ajay Sriram, Chairman and Senior Managing Director, DCM Sriram Consolidated Ltd, says the rural Growth...

-The Economic Times Economic Growth produces prosperity as well as garbage. The faster the economy grows, the more its people consume, and the more garbage they generate. When economic Growth is sustained over a long period of time, garbage starts to pile up at a faster pace. Garbage just cannot be wished away even as some of us can move around it with eyes wide shut. It needs to be collected,...