-The Hindustan Times The industries opened up to foreign investment in the past 20 days produce less than a tenth of India's national income. On the face of it, this number is too small to justify the opposition to foreign direct investment (FDI) in supermarkets, airlines, insurance and pensions. Or the government's resolve to open these businesses to foreigners with or without majority control. The picture changes when you see how fast...
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World braves one of the worst summers; May temperature second hottest since 1880
-The Economic Times It's not just India that is baking. Globally, this seems to be one of the worst summers in recorded history. The global average temperature for May was the second hottest ever since 1880 - the year records were first compiled -- US National Climatic Data Centre (NCDC) has said. Only 2010 witnessed a worse May. The NCDC said such a hot May was never recorded in the northern hemisphere. No...
More »Rio+20 People's summit gathers pace-Jonathan Watts
-The Guardian The counter conference is designed to foster alternative ideas and provide an outlet for discontent They come with speeches, placards, power point presentations and drums. Some with body paint and bows and arrows. Others with suits and business plans. Almost all driven by a desire for radical change. "Come re-invent the world" is the call to the People's summit, which has opened in Rio de Janeiro to counter what many participants...
More »Bid to revive forests in Jammu and Kashmir by Peerzada Arshad Hamid
ZAVOORA, India (AlertNet) – Amid thousands of tree stumps stretching over almost 60 hectares (150 acres) of bare plateau, there are signs of life. Delicate saplings of kail and deodar conifers are growing between other newly planted deciduous trees. The woodland had been cut down illegally by loggers and encroached upon for farming. But forestry officials here in Shopian district, a two-hour drive south of Srinagar, the summer capital of India’s...
More »Fukushima: Fear Only The Irrational by Nathan Myhrvold
It would be grave folly to recoil from the N-option, our safest Nuclear Is Clear The world needs cheap energy and, as of now, nuclear plants are the most efficient means to that end Switching to fossil fuel sources will add to global warming. In extremis, the oceans could boil away. The lesson from Fukushima is no worse than that tsunamis are a danger to everything in their path *** After the...
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