A narrow education is making engineers oblivious to the importance of human interaction and raising the cost of even simple tasks My time in South Asia has rewarded me with an enigma: why is engineering so expensive here? Why is it often many times more expensive than in Australia, my home? My search for answers led me to shanty towns on the fringes of mega-cities. We compared an award winning Indian factory...

-The Economic Times It is not uncommon for Indian companies to encounter situations that require ingenious engineering combined with a uniquely Indian approach to problem solving. Automobile companies around the world have developed some exquisitely advanced diesel engine technologies, but Indian companies had to go one step ahead. More than a decade ago, as Indian car manufacturers began improving their diesel engines, some of their customers tried to reverse their efforts by...

-Down to Earth Industrial houses use tribals as fronts to amass tribal land in Chhattisgarh Ram Singh’s neighbours tease him by calling him Crorepati Singh. The 40-year-old Gond tribal from Parsada village in Raipur district of Chhattisgarh has hardly any landholding and depends on the government’s employment guarantee schemes to feed his family. But according to official documents, Singh has recently purchased land worth Rs 1.5 crore from a dozen of tribals...

-PTI Retail inflation moved up marginally to 10.36 per cent in May on account of increase in prices of vegetables, edible oils and milk. Based on the Consumer Price Index (CPI), the inflation for April was revised to 10.26 per cent from the provisional estimate of 10.32 per cent, according to the government data release here on Monday. Vegetable prices recorded the maximum spurt in prices, up 26.59 per cent, followed by edible...

Amidst the raging politics on petroleum pricing, a report has established that the country was losing Rs. 87,500 crore because of poor roads and tolling systems annually. The figure gains significance against the backdrop of desperate attempts by the Union government to curb the subsidy outgo on petroleum products that puts a drain of about Rs. 1.38 lakh crore on the exchequer. Going by the report, prepared by IIM-Calcutta on behalf of...