Like an avalanche, the groundswell of scepticism regarding the melting of Himalayan glaciers threatens to demolish conventional wisdom to the contrary. To be sure, the deadline of 2035 by which these glaciers would be severely threatened has now been proved wrong. It could be a typographical error, as the Russian scientist whose paper has been used mentioned 2305. Or it could have been licence on the part of some scientists,...
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Of money, greed and risk-loving CEOs by Jayati Ghosh
This has been quite a decade for global corporate leaders, volatile not only in terms of their actual fortunes, but even more so with respect to the shifting perceptions of society. When the decade began, large corporations and those at their helm were at the peak of their power, flush with riches delivered by the dotcom boom in the US economy as well as the vast opportunities created by easier...
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One year on from the aborted Satyam-Maytas deal that eventually paved the way for Ramalinga Raju’s sensational confession of fraud some weeks later, the government finally seems to be getting serious about corporate governance reform. The revelation of accounting fraud at Satyam unfortunately distracted attention from more fundamental issues relating to good corporate governance, particularly the role of company boards. But now, the government is set to release a new...
More »The climate denial industry seeks to dupe the public. It’s working by George Monbiot
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...
More »Cracks in doctor freebies code by GS Mudur
Drug companies in India will be prohibited from handing out cash or gifts or stand-alone entertainment to doctors under a code of ethics proposed by industry associations to govern the marketing of medicines. But the code has run into rough weather even before it has been adopted, with at least two industry associations disassociating themselves from the document, tabled at a meeting called today by the government’s department of pharmaceuticals. The two...
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