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...

In the winter of 2009, a few months after the Congress announced a financial austerity drive for its staff, Sonia Gandhi famously travelled by economy class. But what UPA government's ministers probably saved on air fares, they seem to have more than made up on land. Fuel bills of Union ministers, since the financial curbs were put in place, were accessed by RTI activist Chetan Kothari. Merely 31 of the 84...

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...

-The Hindu   “Allowing oil firms to control market will hurt economy”   De-regulation by which the three public sector oil companies are empowered to set the price of petrol and other petroleum products has been challenged in a public interest litigation petition in the Supreme Court. The All India Youth Federation (AIYF), represented by its general secretary P. Sandoshkumar, said there was no rationale behind replacing the Administered Pricing Mechanism (APM) with the Import...