After getting a earful about the proposed Areva nuclear reactor from disgruntled farmers in Jaitapur, Union Environment Minister Jairam Ramesh heard a sobering assessment of the Areva's Finnish reactor project — which is running four years behind schedule, with cost overruns hitting 2.7 billion euros — from that country's nuclear regulator. In a presentation made to Mr. Ramesh and a visiting Indian delegation in Finland earlier this week, Finnish regulator STUK...

The environment ministry’s decision to give priority to construction projects with green building ratings may help Lavasa, among others. Lavasa, the ambitious hill city project of HCC Chairman and Managing Director Ajit Gulabchand, has been stuck for long over green hurdles. Though the ministry’s initiative is meant to incentivise companies for integrating green norms into their building plans, experts said the move may give some advantage to projects like Lavasa. According to...

-The Business Standard   Union finance minister Pranab Mukherjee was being economical with the truth when he said that last Saturday’s petrol price hike decision was entirely that of oil marketing companies (OMCs). True, the government correctly but belatedly deregulated petrol pricing several months ago, but it is clear that despite a sharp increase in global crude oil prices in the past six months, the OMCs restrained themselves from increasing domestic...

Everyone knows how much food prices have risen in the last few years. Not everyone, however, knows how much costs have spiralled for those who produce the food you and I eat. Data on daily wage rates for agricultural operations, compiled by the Labour Bureau at Shimla, show huge increases to have taken place in most States during 2009 and 2010. Andhra Pradesh, for instance, has seen farm wage rates – the...

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...