India, China and 128 other countries briefly walked out of the climate change talks here today in protest against the failure of industrialised countries to make firm commitments on greenhouse gas emission cuts in the years beyond 2012. The walkout by the developing countries followed an exchange between Australian and African delegates at a meeting called to set emission reduction targets for the industrialised countries. Australia refused to make any commitment on...

Corporate governance codes work only where firms believe working in a legal, ethical and transparent fashion also means good business. It is not in dispute that good corporate governance is all about commitment of a company to run its businesses in a legal, ethical and transparent manner, and that the tone must be set at the top. But are companies in India convinced that good business is all about good corporate...

Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced by the Massachusetts Institute of Technology, which Samuelson helped build into one of the world’s great centres of graduate education in economics. In receiving the Nobel Prize in 1970, Samuelson was credited with transforming his discipline from...

The ongoing conflict between Maoists and government forces is disrupting the education of India's most marginalised children, a rights group says. In a new report Human Rights Watch has urged the rebels to stop attacking state-run schools. It has also asked the government to instruct its troops not to use school buildings as part of their operations. The rebels are fighting for communist rule in many Indian states. Over 6,000 people...

Think environmentalists are stooges? You’re the unwitting recruit of a hugely powerful oil lobby.  The evidence of man-made global warming is unequivocal People behind climate denial campaigns know that their claims are untrue When you survey the trail of wreckage left by the climate emails crisis, three things become clear. The first is the tendency of those who claim to be the champions of climate science to minimise their importance. Those who...