Endosulfan, the pesticide which is widely believed to be responsible for thousands of deaths, diseases and devastation, was able to save its own life largely because of India’s questionable efforts at global forums. The controversial pesticide has been in news for a long time because of its harmful effects on humans, wild life and the environment. Obviously the $100 million industry is going out of the way to defend the...
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Renewable sources can meet most global energy demands – UN-backed report
Renewable energy sources such as solar power, wind, biomass and hydropower could meet nearly 80 per cent of the world’s energy supplies by 2050 if governments pursue policies that harness their potential, a United Nations-backed report released today says. The findings of more than 120 researchers working with the Intergovernmental Panel on Climate Change (IPCC) indicate that if the path of renewable source is fully followed, greenhouse gas emissions could stay...
More »What is multi-billion telecoms graft scandal all about?
A court on Wednesday put on trial the first set of officials and businessmen indicted in the country's biggest corruption case, a multi-billion dollar telecoms scandal that has weakened the government and put off some foreign investors. The graft scandal is one of several to have emerged in the past few months, tarnishing the reputation of Prime Minister Manmohan Singh, whose government has gone on the defensive against an emboldened opposition. While...
More »Chasing a mirage by KPM Basheer
Though wages are not significantly high, West Asia continues to attract the poor looking for a break… In Benyamin's award-winning Malayalam novel Aadu Jeevitham (A Sheep-like Life), based on a true life story, the protagonist, Najeeb, is held as a slave labourer on a sheep farm in a faraway desert in Saudi Arabia. For three years, he is forced to do back-breaking work, is kept half-hungry and is denied water to...
More »FinMin probing more than 100 overseas deals for tax evasion
The Finance Ministry has begun its maiden investigation into over 100 offshore "financial structuring deals" undertaken by Indian business entities in foreign tax havens to allegedly evade the taxman's net. The multi-pronged probe has been undertaken by the international taxation wing of the Income Tax department and the foreign taxation unit in the Central Board of Direct Taxes (CBDT). A number of investments and deals to the tune of billions of rupees...
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