The deck's being stacked against Posco. In the biggest blow yet to the South Korean giant's Rs 54,000-crore project in Orissa, a key committee of the Environment Ministry has recommended the withdrawal of forest clearance to the multinational's plan to build an integrated steel plant. If accepted by environment minister Jairam Ramesh, the recommendation of the forest advisory committee (FAC) could sound the death-knell for the country's biggest FDI project....

The Mumbai Collector had, in a letter to the Defence Estates Officer, Mumbai Circle, dated July 12, 2004, denied that the government of Maharashtra allotted any land to the Adarsh Cooperative Housing Society in Colaba. Records obtained using the Right to Information (RTI) Act by the National Alliance of Peoples' Movements (NAPM), which were released on Monday by Ms. Medha Patkar, Simpreet Singh and other activists, show that the Collector accorded...

Even after five-and-half years since its inception, the biggest foreign Direct Investment (FDI) for the country, the  POSCO steel project has failed to take off due to widespread opposition from several quarters. Now, the 51,000 crore project has run into more trouble as the environment clearance to the project seems unlikely. But the Orissa government has come to the fore, not just supporting the project but also moving the Supreme Court, filing...

The accusation of ‘coercive' practices to recover the loans has been laid at the doors of some leading players Micro Finance institutions (MFIs) that are for profits are in the news for the wrong reasons. The ‘for profit' MFIs have grown spectacularly in recent times. But along with the large profits have come allegations of sharp practices. In Andhra Pradesh, where such MFIs have a sizable presence, the climate has now drastically...

While renewable energy was always considered more desirable from the point of view of environment protection, its importance has increased several times in these times of climate change. Solar energy is particularly seen as a very promising source in energy planning for the future in tropical countries like India. Interest in realising the potential of solar energy is fast increasing and organisations which have been pioneers in solar energy are...