India is today the world's largest importer of arms. These include fighter jet planes, missiles and radar systems for strategic partnerships and geo-political power. India is also investing in security and surveillance to combat foreign threats and resistance from its own people in places like the Kashmir valley, and the North East and tribal regions of Central India. This provides tremendous opportunity for multi-national corporations to sell and invest in...

Land acquisitions in India are invariably marked by violent protests. Is politics responsible for stirring up passions? Is it loss of a means of livelihood that landowners resent? Or is there a fundamental problem with the way acquisition is done that stirs up a hornet's nest? Look at the last issue first. There are two fundamental problems with the present system of land acquisition: the process of acquisition, and the...

When it comes to increasing wealth, legislative experience, it turns out, beats the best investment planning hollow. An analysis of the assets of re-contesting legislators certainly suggests that – with the growth in their assets being more than what investing in gold, mutual funds or fixed deposits would yield. According to analysis of affidavits done by the Association for Democratic Reforms and National Election Watch, the percentage rise in assets of...

After getting a earful about the proposed Areva nuclear reactor from disgruntled farmers in Jaitapur, Union Environment Minister Jairam Ramesh heard a sobering assessment of the Areva's Finnish reactor project — which is running four years behind schedule, with cost overruns hitting 2.7 billion euros — from that country's nuclear regulator. In a presentation made to Mr. Ramesh and a visiting Indian delegation in Finland earlier this week, Finnish regulator STUK...

Humanity’s current voracious consumption of resources cannot be sustained, the United Nations Environment Programme (UNEP) cautioned in a new report today, warning that the world was already running out of cheap and sources of some essential materials such as oil, copper and gold. According to the report by UNEP’s International Resource Panel, by 2050, human beings could devour an estimated 140 billion tons of minerals, ores, fossil fuels and biomass per...