As bank gears up for competition, it may further dilute environmental safeguard policies WITH financial institutions of emerging economies like India and China getting big time into development lending, the World Bank plans reforms to attract its borrowing countries. Some of the important plans are to disburse loans faster and on flexible terms. Bank watchers and civil society groups say the reforms, expected to be in force by the year-end, would...

Millions of Indians use Google and its myriad web services every day. We do not pay for them, nor have we elected the people who run Google. Google does not have to be accountable to us. In the ‘terms of services’ that we click ‘agree’ on, they could say anything because we do not read it anyway. Yet, Google convened a conference in Budapest in September 2010 to tell internet...

Large parts of India that already face chronic food shortages are staring at further, climate change induced food insecurity by 2050, new research by a global partnership of agricultural research institutions has found. Researchers at the Consultative Group of International Agricultural Research (CGIAR) have found a worrying match between regions that are most likely to face climate change induced reduction in crop yield, and areas that already suffer from chronic...

-The Business Standard There are better ways to curb it than a Guest Control Order No one can deny that in a country like India, wasting food and ostentatious consumption at social gatherings are a social crime. A social movement espousing moderation in consumption habits would instantly strike a chord with a large number of Indians. Also, few would deny that India’s newly rich and upwardly mobile like to indulge in conspicuous...

TODAY, India is considered around the world as a rapidly developing country posting economic growth rates of around 8-9 percent consistently over the last several years. Along with China, which is much further ahead, India is seen as a powerhouse of the global economy in the decades to come and already it is home to a very large number of dollar billionaires, perhaps the largest such number in Asia. In...