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...
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Mamata in power, ADB willing to fund projects in West Bengal by Atmadip Ray
International fund floodgates that stayed locked during the Left front regime are now opening up for Mamata Benerjee. Latest in the "parivartan" syndrome is the Asian Development Bank (ADB), which has given the green signal to go along with one of the state's most ambitious roadway projects - the 271 km express corridor connecting North and South Bengal. It is a Rs2,270 crore project, which World Bank had refused to fund in...
More »US, brands may stop sourcing if apparel industry fails review by Shramana Ganguly Mehta
Apparel exporters risk losing clients like GAP, Reebok and Nike if India fails to convince the US on Friday that its industry does not employ children. India has been asked to defend itself in the US on May 20 against charges of child labour. Child labour is a sensitive issue for American multinationals who source 30% of their global requirements from India. The brands can stop India sourcing if the country...
More »Mining to blame for islands to sink beneath waves by Sivaramakrishnan Parameswaran
Two small islands in South Asia's first marine biosphere reserve have sunk into the sea primarily as a result of coral reef mining, experts say. The islets were in a group in the Gulf of Mannar, between India and Sri Lanka. The Indo-Pacific region is considered to contain some of the world's richest marine biological resources. The group's 21 islands and islets are protected as part of the Gulf of Mannar Marine National...
More »Do natural disasters deserve more attention than man-made one’s? by Prasanth Menon
While, the threats of a nuclear fall-out, borne out of a tragedy that happened in the Fakushima Nuke Plant in Japan, started a debate about the positives and negatives of nuclear energy. The media completely ignored the protests and the cries that were being carried out (in fact, for the last 10 to 15 years) in Northern Kerala as well as Southern Karnataka to ban the Pesticide Endosulfan. Perhaps, after the...
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