A good monsoon forecast strengthens prospects for India to cut sugar imports, free up grain exports and buy more gold as rains boost supplies in the world’s leading consumer of most farm commodities. Annual monsoon rains from June to September are key to firing up growth and farm output and limiting inflation in India, which ranks among the world’s top producers and consumers of sugar, wheat, rice and edible oils and...

Around two decades ago, Lawrence Summers, then World Bank chief economist, outraged many when he argued in an internal memo that the economic logic behind dumping toxic waste in low-wage countries was “impeccable”. His rationale: less developed countries are “under-polluted” and that “foregone earnings from increased morbidity and mortality” would be lesser in countries with lower wages. Cut to now and the thing to ask is: does India too believe...

With the mountains of hazardous waste from electronic products growing exponentially in developing countries, sometimes by as much as 500 per cent, the United Nations today called for new recycling technologies and regulations to safeguard both public health and the environment. So-called e-waste from products such as old computers, printers, mobile phones, pagers, digital photo and music devices, refrigerators, toys and televisions, are set to rise sharply in tandem with...

“THE world’s attention is back on your cause.” That was Bill Gates talking to agricultural scientists gathered recently to honour the late Norman Borlaug, father of the Green Revolution. The tycoon-turned-philanthropist was right. This week, the world—in the guise of 60-odd heads of state including the pope—held the first United Nations food summit since 2002. As the world’s attention turns from the receding financial crisis, it is switching to one...

The Centre has approved the first legally tenable import of electronic waste for responsible recycling, angering environmental groups who say millions of kilograms of domestic e-waste is recycled hazardously. The environment and forest ministry has approved the import of 8,000 tonnes of e-waste by Attero Recycling, a company that has set up an integrated recycling plant for safe extraction of metals near Roorkee. India generates nearly 400,000 tonnes of domestic...