One in four corporate titans worldwide view biodiversity loss as a threat to their business growth, according to a new United Nations-backed study released today. It found that more than half of chief executive officers surveyed in Latin America and 45 per cent of their counterparts in Africa see biodiversity decline as detrimental to profits, compared to less than 20 per cent in Western Europe. The publication also found that business...

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...

India has tumbled seven places in the Global Peace Index — a ranking of the most peaceful nations of the world — thanks largely to the increase in the number of deaths from organized conflicts. The 2010 ranking of 149 nations places India at 128. New Zealand tops the index as the most peaceful country and war-ravaged Iraq — no surprises here — has earned the distinction as the least...

Thirty years ago, a department of environment was set up in the Central government; 25 years ago, this was upgraded into a full-fledged ministry of environment and forests. As we mark these anniversaries, it must be said that the ministers in charge of this ministry have generally been incompetent, or malign, or both. Some might make an exception for Maneka Gandhi, who was minister of state for the environment between...

Highlighting the fact that the tobacco industry often pays the lowest possible wages, keeping its workers in a cycle of poverty, debt and ill-health, a recent research study titled “At the crossroads of life and livelihood: The economics, poverty and working conditions of people employed in the tobacco industry in India” presents key evidence linking tobacco production and manufacturing with crucial issues of growing poverty and impeded development. The study recommends...