Using NMTO-{\it downfolding} technique, we explore and establish the origin
of ferromagnetism in the pyrochlore system, Tl2Mn2O7. It is
found to be driven by hybridization induced spin-polarization of the
delocalized charge carriers derived from Tl-s and O-p states. The
mean-field estimate of the ferromagnetic transition temperature, Tc,
estimated using computed exchange integrals are found to be in good agreement
with the measurements. We find an enhancement of Tc for moderate doping
with nonmagnetic Sb and a suppression of Tc upon application of pressure,
both in agreement with experimental findings.Comment: Accepted for publication in PR