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Indian trade unions strike against price rises

A 24-hour nationwide strike called by trade unions has caused major disruption in parts of India. The walkout was felt mostly in Tripura, Kerala and West Bengal states where the ruling Communists backed the action. Called to protest against price rises and alleged labour law violations, the action caused major disruption to air and road transport in those states. The coal, power, telecom, banking, insurance, defence, port, petroleum and construction sectors joined the...

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Give the poor money

CELIA ORBOC, a cake-seller in the Philippines, spent her little stipend on a wooden shack, giving her five children a roof over their heads for the first time. In Kyrgyzstan Sharmant Oktomanova spent hers buying flour to feed six children. In Haiti President René Préval praises a dairy co-operative that gives mothers milk and yogurt when their children go to school. These are examples of the world’s favourite new anti-poverty device,...

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Alarm over chemicals in veggies by Kounteya Sinha

How fresh and healthy are the vegetables that you consume daily? Not much, according to the Union health ministry. In a bid to make them look garden fresh and ensure that they grow faster to reach markets, farmers are using chemicals at random that threaten to cause serious health hazards to consumers. Expressing concern, minister of state for health Dinesh Trivedi has said, "Eating vegetables -- a must for good...

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Poverty haunts India's economic miracle

When flames from an open cooking fire raced through Fida Hussein's shack in northern India, it was a disaster for him and his poverty-stricken family. "We have nothing," said Hussein as he stood in the ruins of his hut through which the sky could be seen between the burnt roof timbers in a remote corner of Uttar Pradesh, India's most populous state. India's number of millionaires grew by 51 percent...

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Hernando de Soto interviewed by Shekhar Gupta on NDTV’s Walk the Talk

Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...

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