Billions of dollars are being made by investors in a speculative "food bubble" that's created record food prices, starving millions and destabilising countries, experts now conclude. Wall Street investment firms and banks, along with their kin in London and Europe, were responsible for the technology dot-com bubble, the stock market bubble, and the recent U.S. and UK housing bubbles. They extracted enormous profits and their bonuses before the inevitable collapse of...

As government, corporates seek to engage with NGOs, they gain new significance Brave NGO World?     * The Planning Commission is courting NGOs for policy inputs, views on how to make plans work     * NGOs and local activism forced govt to stall Vedanta, Posco plans     * NGO opposition to snacks being served in schools changed plans to scrap hot meals     * NGO have made the government rethink the Polavaram dam project    ...

Deforestation, poachers, illicit liquor-brewers forcing them to migrate Large-scale deforestation and the disturbances caused by poachers and illicit liquor-brewers could be forcing king cobras to migrate from their natural habitat in bamboo-rich dense evergreen forests to villages nearby. A study conducted by the researchers of the Department of Zoology, University of Kerala, and the Reptile Study Group, Thiruvananthapuram, has revealed that the king cobra, the world's longest venomous snake, is under...

The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....

Illegality in India today touches almost every economic activity. It is both systemic and systematic. The Indian ruling class faced its severest crisis of credibility in 2010. Its past caught up with it and skeletons and scams were spilling out of its closets. The scams have a symbiotic relationship with the black economy. The number of scams is growing and so is the size of the black economy, which has reached...