James Cameron, director of sci-fi blockbuster Avatar, finds himself embroiled in the controversy surrounding Lavasa, India's first “private hill city” that has been in the news for alleged environmental law violations. Mr. Cameron, who is slated to speak at the big-ticket ‘Innovation and Knowledge' (INK) conference being held in association with Technology Entertainment and Design (TED) between December 9 and 12 at Lavasa, has been urged to boycott the event. In a...

Agriculture minister Sharad Pawar today said the government should take note of Ratan Tata’s statement that India risked turning into a “banana republic” and cautioned against the excessive use of the CBI. Pawar’s statement came in the middle of a CBI crackdown on an alleged bribes-for-loans scandal involving several top financial officials and real estate players in Maharashtra. Another real estate project, which was once associated with Pawar’s relatives, has been...

India's economy grew faster than expected in the second quarter of its financial year, figures show. In the three months to September, gross domestic product (GDP) was up 8.9% from the same period last year. However, inflation remains a real concern for authorities with new figures showing prices rising by 9.7% in October. Although only the world's 11th biggest economy, India is the second fastest-growing major economy, behind China. Strong farm production, increased vehicle...

The ambitious Polavaram project, the multi-purpose project proposed across the Godavari for making optimum utilisation of water going waste into the sea, is mired in problems. The much-talked about project, aimed at stabilising the century-old Krishna delta and irrigating over 7 lakh acres in the upland areas of East and West Godavari districts, is dogged by uncertainty since it became a bone of contention between different regions and faced with litigation....

In a move that could further delay South Korean steel giant Posco’s plan to build a $12-billion steel plant near Paradip in Orissa, the expert appraisal committee of Coastal Regulation Zone on Tuesday decided to defer its decision on giving approval to the project. The panel has cited absence of sufficient details on the likely environment impact of its captive port at Jatadhari, near Paradip, said people involved in the matter....