Returning home from work recently, farmer Baidhar Singh was aghast to find his thatched hut in Balasore district, Orissa trampled to the ground. Just a few hundred metres away stood the culprits, huge and grey against the darkening sky: a herd of 65 wild elephants. That was a few weeks ago. Up till now, Singh and his wife are still calling a polythene-covered lean-to home. Singh’s experience has become quite common in...

The government is planning to put in place a more transparent mining policy by designating parts of mineral-rich regions as out of bounds for industry because of environmental concerns, a move that can avoid episodes such as the recent ban on mining at Niyamgiri in Orissa but could hurt expansion plans of companies located in such areas. The plan is to divide the country’s mineral-rich regions into so-called ‘go’ and...

The public outcry over illegal mining has compelled the government to set up a commission of inquiry into illegal mining of manganese and iron ore. The proposal, cleared by the Cabinet on Monday, will look into individual allegations of illegal mining. The inquiry commission will submit its final report in 18 months. It will also produce interim reports. While commission will investigate past cases of illegal mining, its findings could...

The India growth story is enviable. Despite plaguing problems, India has emerged stronger and resilient to the global crisis so far. India is expected to be the world's fastest growing economy by 2018, according to Economist Intelligence Unit (EIU), the research arm of the Economist magazine. India, the second largest growing economy will overtake China as the fastest growing major economy with an average of eight per cent in the...

Posco, the world's fourth largest steel maker, was in January ranked among a global list of 100 companies that will last for the next 100 years. Interestingly, governance, transparency and capacity to handle environment-related issues are taken into account in selecting these 100 companies "Posco will not only last the next 100 years, but will go beyond, and India will play a big part in our story of survival and growth", CK...