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The Gene Gun At Your Head by Shoma Chaudhury

IMAGINE THE lowly brinjal you have always known turning into a sci-fi gizmo — with an uncharted potency for good and evil. Imagine a food turned into a pesticide — and you will have a measure of the essential uncertainty around Bt brinjal. When Environment Minister Jairam Ramesh announced his indefinite moratorium on Bt brinjal on February 9, he halted a juggernaut that could have swept India to a point...

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Unwarranted optimism by Jayati Ghosh

Without policy efforts to deal specifically with issues such as reduced incomes and unemployment, the global economic crisis will be far from over. FOR most economic commentators, 2010 begins on an optimistic note. Just a year ago, there was much gloom about the world economy. The worst financial crisis since the Great Depression had broken out in full fury; asset markets in the United States, Europe and then most developing...

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Commodity prices likely to climb this year: IMF

The price of many commodities are expected to rise this year primarily fuelled by increased demand worldwide, the International Monetary Fund has said. The demand for commodities is anticipated to grow as the global economy is improving, after witnessing one of the worst financial meltdowns in 2009. "Looking ahead into 2010, prices of many commodities are likely to increase further. The demand side should generally be the main source of...

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Rural Industrialisation as the ‘Mahayana’ of International Cooperation: A World Waiting to be Born by Saurabh Kumar

The following piece was written for the UNIDO’s General Conference that took place in Vienna this month but could not be carried by any of the international papers because of a slight delay, although some feel its contents may not be ideologically palatable to them. Hence it is being carried here for the benefit of our readers. —Editor A highly positive sum game awaits the community of nations if an internationally...

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New stars in the East by Krishnan Srinivasan

Referring to China in 1947, Nehru declared, “A new star has risen in the eastern horizon,” and some years later predicted, “If you peer into the future, the obvious fourth country in the world is India.” One of the countries he had in mind has disappeared, and he did not imagine that the emergence of India and China on the global stage would lead to mutual friction. The Chinese are...

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