Can India modernize its manufacturing economy and supply electricity to its growing population without relying heavily on coal—and quite possibly destroying the global climate?   Richard Martin, Technology Review An old man wakes on the floor of a hut in a village in southern India. He is wrapped in a thin cotton blanket. Beside him, music …

India’s government sees oil prices going as high as $120 per barrel for three to four months because of fighting in Iraq, potentially driving a hole of at least Rs 20,000 crore ($3.4 billion) in the budget, two government sources told Reuters. “If the oil prices remain high even for 3-4 months around $120 a …