Welcoming the proposal by the Railways for setting up a coach manufacturing unit on the land that was earlier acquired by the State government for Tata Motors’s small car project which was subsequently relocated from Singur, the State’s Industries Minister, Nirupam Sen told the West Bengal Assembly here on Wednesday that it was one case with a hope of achieving consensus in the State on setting up industry. According to...

A rogue’s gallery of corrupt politicians and entrepreneurs trying to create money out of thin air.  It is impossible to quantify the level of fraud in public spending on wind energy The European wind association does not have a code of conduct for developers A big Danish firm revealed that it was the victim of a 12 million euro fraud The northern trade winds of the Canary Islands have long tempted daredevil windsurfers,...

We Indians implicitly believe in India’s great past. Recently, that past has been given a statistical underpinning by Angus Maddison. To celebrate the beginning of the 21st century, Maddison wrote a book called The World Economy: A Millennial Perspective. There he says that India was the world’s largest economy in the first millennium AD. It produced one-third of the world’s income in the first century, and 29 per cent in...

The Supreme Court today dismissed a Gujarat farmer’s petition against allotment of fertile agricultural land in Sanand for Tata Motors’ Nano project. “You cannot complain that only barren land should be used for industry and not agricultural land, once the land has been taken over,” Chief Justice of India K.G. Balakrishnan said. The Narendra Modi government had allotted the 1,000 acres, about 30km from Ahmedabad, last year after Tata Motors withdrew from...

The near total political paralysis of one of India's largest states, Andhra Pradesh, over its proposed carve-up, raises fresh questions about how the world's largest democracy will handle questions of identity and territory in this young century. Telangana, the new state proposed, is not a fresh demand, but even as it seems closer than ever to materialising, it opens a Pandora's box in a vast country of over a billion...