Over the past two decades, Maharashtra’s leaders and caretakers have carefully steered it from being India’s most progressive and forward-looking state to lying on the verge of becoming one of India’s most backward.This is no mean achievement. Mumbai, as is well known, contributes close to 40% of the nation’s direct taxes. In 2003-2004, Maharashtra’s net state domestic product was second only to Haryana’s and the gross domestic product was 13%...

A death threat to a historic 13-year-old international treaty on climate change that surfaced last year appears to have intensified and may stall progress at the UN climate change talks here in this scenic Mexican city. Several industrialised countries are opposing the continuation of the Kyoto Protocol, the 1997 treaty that had set legally binding targets only on industrialised countries for the reduction of emissions of greenhouse gases up to the...

In a bid to ensure inclusive growth and increase employment opportunities, the Associated Chambers of Commerce and Industry of India (Assocham) will develop 15 business clusters in different parts of Punjab, an official said on Sunday. "Currently, 20 such clusters are operational in Punjab which are providing employment to lakhs of people here," Assocham secretary general D.S. Rawat said here. "These proposed clusters will be established at a budget of around Rs.500...

As pressure builds on China and India to accept greater obligations to cut down carbon emissions, both countries have asserted that measures to combat climate change need to factor in the principle of equitable access to development opportunities.Environment Minister Jairam Ramesh said developing countries have to strike a balance between growth objectives and emission mitigation as experts reminded that developed nations have over-used their fair share.“I want to reiterate that...

The Niira Radia tapes have firmly put  the spotlight of adverse attention on politics and the media. But surprisingly, the loudest voice of protest—which is also a claim of innocence and a warning that the focus on the mud-smeared keeps attention off the real beasts in the 2G story—has come from India Inc. Ratan Tata, head of the Tata group and Radia’s foremost client, calls the leaked tapes “unauthorised” and...