A transparent assessment of the costs and risks associated with India's ambitious nuclear plans must be made before any ground is broken at Jaitapur or elsewhere. You really have to hand it to the nuclear industry. In any other sphere of the economy, a major industrial disaster is likely to have adverse, long-term financial consequences for the company or companies whose product or activity was involved in the accident, regardless of...

It's that time of the year when Jharkhand celebrates the Sarhul festival. As saal trees sprout new leaves and blossom in leafless forests, tribals troop to the village 'saran sthal' (place to pray) to worship nature. White and red striped flags flutter along a cratered road snaking through Latehar's hilly terrain, from Rajdanda to Barahi. Construction of this road in Latehar's Mahuadanr block, around 120km from Ranchi, began last year. After...

Gandhi resorted to some 30 fasts, of which one-third were directed at himself, for ‘atonement’ or self-purification, one-third were directed against the raj and one-third at India’s social mores. A more honest trinity cannot be imagined. The latter two kinds of fasts were meant to make an impact on the ‘other side’; they were part-fasts and part- hunger strikes, part anashan and part bhukh-hartal, though he derived from each a sense...

Satyam Computer Services and its former auditor PricewaterCoopers (PwC) have agreed to pay a combined $17.5m (£10.7m) in fines in the US after one of India's biggest corporate scandals. Satyam, an outsourcing company, will pay $10m for falsely reporting more than $1bn in Profits over five years. The company's chairman Ramalinga Raju admitted to the fraud in 2009. Satyam's shares were indirectly traded on the New York Stock Exchange (NYSE) as well as...

He dreamt of becoming a successful lawyer. Hailing from Jalgoan, it isn't surprising that his career was destined to be elsewhere. Today, 40-year old Hemchandra Dagaji Patil has no regrets. "The black coat beckoned me. I used to imagine myself in court rooms but finally my father persuaded me to stay back in the village as there was a drop in crop yield and there was no one to look after the...