Jairam Ramesh, India's environment minister, will make a decision in the next week that could define the future of the country: whether to approve a $12 billion South Korean-owned steel plant, the largest potential foreign direct investment ever on the subcontinent. The plant, proposed by South Korea's Posco, has been in the works for years. It already has been cleared by the environment ministry, which Mr. Ramesh runs, and endorsed by...

Despite objections from the coal ministry and concerns of the Planning Commission, a GoM under finance minister Pranab Mukherjee - discussing the new Mines and Mineral (regulation and development) Act 2010 - approved the proposal of sharing 26% net annual profits from the mining activity with displaced locals. The Bill replacing a 53-year-old law can be introduced in the ongoing session, minister for mines BK Handique said after the GoM meet...

Rules restrict construction, dumping of untreated waste, industrialisation Harvesting, dredging can be carried out in wetlands with permission from authorities The Union government on Thursday notified rules for conservation and management of wetlands that restrict harmful activities such as construction, dumping of untreated waste, and industrialisation, to prevent damage to these sensitive ecosystems with high biodiversity values. The Wetlands (Conservation and Management) Rules, 2010, are aimed at ensuring better conservation and preventing degradation...

    * Moved to London from Kenya in the 1970s. Schooled at Haberdashers’ Aske’s. Bachelor’s at University of Warwick.     * Has three siblings. Father in aviation. Three sons from failed marriage with UK businessman Janak Radia.     * India entry in 1995. Sahara liaison officer. India rep of Singapore Airlines, KLM, UK Air.     * Floats Crown Air as MD in 2000, with sister Karuna Menon as partner. Secures FIPB clearance to...

The sights are set on smaller, though just as important, issues With the first commitment to emission reductions under the Kyoto Protocol expiring in December 2012, the world is looking to a new regime of cuts, which is unlikely to be successfully negotiated here. In 2009, the U.N. Climate Change Conference in Copenhagen set a target of achieving a binding treaty and it did not happen. Now the sights are set on...