During the last three years, two subjects have been consuming the attention of the world community almost to the exclusion of other equally important subjects. One is the financial crisis, which had threatened to lead to a meltdown of the global economy, and the other is the threat to orderly climate changes in the world. As we step into the second decade of the 21st century, the global financial crisis...

It is presumed that the industrial development in Bihar is hampered by lack of investments. Is it because of 'unproductive' government policies or an unpredictable law and order situation? And how to increase the flow of investment in the state? In order to find out answers to all such questions and debate these issues, Business Standard Hindi recently organised a roundtable in Patna. The seminar was attended by various small...

Multinational companies will now find it very difficult to patent products made by using Indian traditional knowledge of science. The Indian government has digitized all traditional knowledge of medicine available in India and has shared it with the US President and United States patents office so that nobody benefits unduly by using Indian knowledge and files for patents on such products. "We call it traditional knowledge in a digital library," said Minister...

Much like the tsunami waves that devastated many coastal areas five years ago, the closing weeks of 2009 saw an ill wind sweeping across many of our democratic institutions, highlighting that beneath the veneer of the nation’s aspirations towards great power status was a crumbling institutional core. To look at the fourth estate first. The preface to the Press Council of India’s “Norms of Journalistic Conduct” has a section that...

Food prices have shot up by more than 20 per cent in the course of the past 12 months. A vast proportion of the nation is being battered by the price rise — the fixed income group, the working classes, landless peasantry and small farmers who have to buy at least a part of the grains they consume from the market. There is, however, no upheaval among the suffering people....