In climate change talks, the countries need to think equity differently Just before the BASIC ministerial meeting on climate change in Delhi this week, Prime Minister Manmohan Singh stressed on “equity” in climate change talks and said economic growth should not harm the environment. Although the BASIC countries — Brazil, South Africa, India and China — are growing, making them a powerful voice in global economy, they still view themselves as...

-ENS Economic Bureau   Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.   Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the...

You know your negotiating strategy is in trouble when countries ranging as far as Norway in the developed world to partners like South Africa and neighbours like Bangladesh start quoting Gandhi and Nehru back to you. Two months ago, this was the unfortunate situation Environment Minister Jayanthi Natarajan had to face at the Durban conference on climate change. That she managed, through a passionate last-minute speech, to ensure that all was...

Liquor baron Ponty Chadha’s mercurial rise is all ‘Maya’ A reclusive liquor baron may seem like an anomaly in these never-ending good times. But Gurdeep Singh Chadha—better known by the moniker Ponty Chadha—fits the bill. Often called “Mayawati’s financier”, the 57-year-old Ponty has been making large (if silent) waves for the political patronage he enjoys in Uttar Pradesh. Any bottle of liquor sold in India’s most populous state goes through his...

-The Hindu With the Supreme Court issuing notice to the Central government on the matter of illegal drug trials, the sordid state of human clinical trials is all set to be exposed. For multinational companies eager to cut Corners, India offers an attractive package of weak laws, lax and almost non-existent oversight of trials, a huge illiterate, vulnerable population that can be easily exploited, very little volunteer protection and a sizeable...