Despite growing threat to food security from global warming, India is busy acq-uiring fertile lands for industries and infrastructure. Something terrible is happening to the weather. And it is happening right across our home. From the cold desert of Ladakh to the plains of Bihar and Jharkhand, extreme weather conditions have played havoc. In neighbouring Pakistan, unprecedented floods, and that too in the arid region of Sindh, have hit more than...

Despite growing threat to food security from global warming, India is busy acq-uiring fertile lands for industries and infrastructure. Something terrible is happening to the weather. And it is happening right across our home. From the cold desert of Ladakh to the plains of Bihar and Jharkhand, extreme weather conditions have played havoc. In neighbouring Pakistan, unprecedented floods, and that too in the arid region of Sindh, have hit more than...

Janardhana Reddy insists he is not a king. No, no, no, he protested, as a servant trotted across the courtyard to deliver a cup of cooled water. Men with machine guns stood outside. An architect waited to discuss the new mansion, while another man hovered nearby, sitting in the grass. “He’s the state minister of health,” Mr. Reddy said of the man in the grass, who stood up, made a little...

India's growth story in a crisis-hit world has been globally applauded. Still, the prime minister did well not to use his Independence Day address as a mere occasion for back-patting. This isn't yet "new India" where growth's gains percolate to every citizen. Not only must structural nuts and bolts be fixed before we get there, the economic blueprint itself needs a sharper reformist orientation. To its credit, the UPA has...

The rise in global wheat prices by almost 50% in less than two months as commodity markets factor in a sharp drop in exportable surplus has not touched India, among world’s biggest producers and consumers of wheat. What’s more surprising, domestic futures prices too are unlikely to show any appreciable rise, going by the trend in India’s commodity markets. Barring minor blips, August and September wheat futures at NCDEX, largest exchange for...