Wants limit to be raised to 49% Keen to enter the growing insurance sector, U.S. billionaire Warren Buffett on Friday wondered if India would raise the FDI limit in the sector to 49 per cent. The U.S.-based company is keenly watching the developments regarding further opening of the sector to foreign investment. Mr. Buffett, whose group Berkshire Hathaway recently entered the Indian insurance market, called on IRDA Chairman J. Harinarayan here and...

A growing number of endangered olive ridley sea turtles have been getting killed in Eastern India’s coastal state Orissa by mechanized vessels defying a fishing ban on one of the world’s largest turtle sanctuaries, Gahirmatha. While the government said "no more than 800" were killed since November last year, environmentalists counter that the Casualty count of these tiny turtles is actually 5,000. The problem illustrates the situation that confronts Orissa and other...

Many Indian laws do not reflect modern and enlightened concepts of justice and require major revision. The recent campaign in support of Dr. Binayak Sen has received much publicity. The mainstream media has enunciated his cause and dissected the evidence, conviction and judgment. Amnesty International argued that the case violated international standards for a fair trial. While Dr. Sen's conviction has received much attention, there is a need to foreground the...

Five years ago, the Prime Minister launched the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), calling it the single-largest initiative of the government of India for a planned development of our cities. This unique, Rs 50,000-crore (subsequently enhanced to Rs 66,000 crore) programme to be implemented over a seven years from 2005 to 2012 focuses mainly on 65 mission cities with provision kept also for other small towns. While the...

An inter-state tussle triggered by a national issue has brought to light how amnesia has afflicted the Orissa government. Orissa chief minister Naveen Patnaik had demanded three days ago that a public hearing should be held in villages that will be affected by the proposed Polavaram hydel project in neighbouring Andhra. Documents available with The Telegraph suggest that the same Naveen government had a year ago rejected a request by Andhra to...