Real estate may be the epicentre of Dubai’s debt crisis, but it is the Indian commodity trade that will feel its aftershocks for months to come. Two reasons make Dubai important to Indian companies. One, Dubai is the hub of most-traded commodities, from pearls, gold and diamonds to tea, cotton, basmati and sugar. Crucially, it is gateway to west Asia. All the top players in the region, especially Gulf Cooperation...

The momentum for a deal at next month's United Nations climate change summit is strong and growing, Secretary-General Ban Ki-moon said today, urging world leaders to make the extra push to achieve a firm foundation for a legally binding treaty as early as possible in 2010. “My message to you today is simple: stay focused, stay committed, come to Copenhagen, and seal a deal,” Mr. Ban said in a keynote...

HAS GREEN REVOLUTION FAILED INDIA'S POOR? Green Revolution Vs Rain-fed Farming OVERVIEW: Of late India’s fabled Green Revolution has come under severe attack. Many development thinkers believe that it has unfairly skewed India’s agriculture policy in favour of the farmers whose land is already or potentially covered under irrigation. The basic criticism is that the Green Revolution has been largely irrelevant for India’s 60 per cent cultivable land which is un-irrigated. These...

The introduction of free meal programmes not only ensures children are fed, but are crucial to keeping the poorest and most vulnerable in school while providing a boost to learning and health, according to a United Nations report released today. The new report from the World Bank and the World Food Programme (WFP) noted that although most countries offer meals to their students, poor nations face a double obstacle of...

Chhattisgarh announced a proposed investment of more than Rs 1,77,000 crore in the state. Until October 2008, it had signed over a hundred mous with companies like Jindals, Tata Steel and Essar. After a couple of months of this announcement, a bureaucrat heading the state environment regulatory body resigned. “Development is the preferred option, provided the carrying capacity is available. There cannot be a trade-off at the cost of the health...