-FAO 842 million people undernourished in 2011-13 - Developing countries make progress but more efforts needed to reach MDG target Rome - Some 842 million people, or roughly one in eight, suffered from chronic hunger in 2011-13, not getting enough food to lead active and healthy lives according to a report released by the UN food agencies. The number is down from 868 million reported for the 2010-12 period, according to the State...
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Missing jobs
-The Indian Express To address the crisis of rising unemployment, first fix labour laws. That there haven't been too many protests against the elevated levels of consumer price inflation for several years probably has to do with the number of jobs being created. While UPA 1 had a poor track record, and only 3 million new jobs were created between 2004-05 and 2009-10, National Sample Survey (NSS) data shows the situation improved...
More »Ripple effect of rising fuel prices: Get used to high food prices, RBI can do little to counter them -Avinash Celestine
-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...
More »Global warming lull haunts authors of key climate report
-AP STOCKHOLM: Scientists working on a landmark UN report on climate change are struggling to explain why global warming appears to have slowed down in the past 15 years even though greenhouse gas emissions keep rising. Leaked documents obtained by Associated Press show there are deep concerns among governments over how to address the issue ahead of next week's meeting of the Intergovernmental Panel on Climate Change. Climate skeptics have used the lull...
More »Inflation at 6-month high on onions
-The Times of India NEW DELHI: The rate of inflation accelerated to a six-month high in August on the back of spiralling onion prices, posing yet another challenge for RBI ahead of the monetary policy review as it struggles to tame volatility in the foreign exchange market. Data released on Monday showed the wholesale price index (WPI) rose an annual 6.1% in August, higher than previous month's 5.79%. The inflation rate...
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