India achieved the distinction of being the second fastest growing economy amid the global recession in 2009, but the joy was marred by the decade’s sharpest rise in food prices to the chagrin of common man. For a country that continued to lose on its exports throughout the year that has gone by, economy achieved a remarkable growth of about 7% (during April- September 2009) on the back of focused government...
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Future bright for Indian economy, says Rangarajan
Fiscal slowdown has not affected India much Forecasting a brighter future for the country’s economy by 2009-10 end, C. Rangarajan, Chairman, Economic Advisory Council to Prime Minister, said that if a consistent growth of four per cent in agriculture and nine per cent in the industrial and services sectors were maintained over the next two decades, it would propel India into the comity of developed nations. In a talk on...
More »Rural Industrialisation as the ‘Mahayana’ of International Cooperation: A World Waiting to be Born by Saurabh Kumar
The following piece was written for the UNIDO’s General Conference that took place in Vienna this month but could not be carried by any of the international papers because of a slight delay, although some feel its contents may not be ideologically palatable to them. Hence it is being carried here for the benefit of our readers. —Editor A highly positive sum game awaits the community of nations if an internationally...
More »Of money, greed and risk-loving CEOs by Jayati Ghosh
This has been quite a decade for global corporate leaders, volatile not only in terms of their actual fortunes, but even more so with respect to the shifting perceptions of society. When the decade began, large corporations and those at their helm were at the peak of their power, flush with riches delivered by the dotcom boom in the US economy as well as the vast opportunities created by easier...
More »Newspapers asked to evolve revenue model without compromising on mission
Debate at Annual Press Freedom Round Table centred on revenue-content divide HYDERABAD: As the print medium faces a steep decline in advertisement revenue in the wake of the Economic Slowdown, the debate over whether business interests or editorial content should dominate the content in newspapers continues to take centre-stage. The issue — which formed the core of the Annual Press Freedom Round Table on the theme “Free Press: what good is...
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