Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced by the Massachusetts Institute of Technology, which Samuelson helped build into one of the world’s great centres of graduate education in economics. In receiving the Nobel Prize in 1970, Samuelson was credited with transforming his discipline from...

Think environmentalists are stooges? You’re the unwitting recruit of a hugely powerful oil lobby.  The evidence of man-made global warming is unequivocal People behind climate denial campaigns know that their claims are untrue When you survey the trail of wreckage left by the climate emails crisis, three things become clear. The first is the tendency of those who claim to be the champions of climate science to minimise their importance. Those who...

A team from the World Bank will be in New Delhi soon to work out the nitty-gritties of a $1-billion loan to the urban development ministry for carrying forward the cash-starved flagship scheme for upgrading urban infrastructure, the Jawaharlal Nehru National Urban Renewal Mission (JNNURM). There would, however, be conditionalities attached to the use of the fund as it would be reform-linked and only select states would get access to...

Wajahat Habibullah’s new job as JAMmu and Kashmir’s chief information commissioner has run into rough weather even before he has taken the oath of office. JAMmu and Kashmir High Court has admitted a writ petition that challenges his appointment as the state’s first CIC. Wajahat recently quit as chief information commissioner (CIC) of India to take over the fresh assignment at chief minister Omar Abdullah’s request. State officials say Wajahat, an old...

Funds release after Kasturirangan Committee submits report Greenpeace hails India’s proposal to cut carbon intensity The Planning Commission has promised a substantial hike in funds allocation to study climate change impact and the funds will be made available after the Kasturirangan Committee submits a report. This was stated by Member (Energy), Planning Commission, B.K. Chaturvedi, while inaugurating “Power Conference 2009,” organised by Assocham here on Friday. Only on Thursday, Minister of State (independent...