Whether it is the blunder over the glaciers or the linking of natural disasters to global warming, the IPCC's credibility has been badly hit. If this encourages laxity over global warming, that will be tragic.
People who cannot afford long-term higher rate home loans are lured by these teaser rates, only to rue their fate later, says Business Standard.
India needs to do a lot more before global companies view it as a better option than China for business, says Business Standard.
There is no doubt that economic growth has picked up. It's also true that inflation has edged up. We had said at the beginning that sometime in the course of the year we would begin to slowly wind it down and what has happened is on course for that decision but exactly what, it's too early to say, says Montek Singh Ahluwalia.
Government needs to take a call on the DoT-MoD faceoff....
Major subsidies must be knifed before unwinding excise cuts
Google's multi-device plan also helps Android attract many third-party apps. But over 3 billion apps have been downloaded for the iPhone and iPod touch from the App store. So even if Android phones outsell the iPhone, Google will have to do a lot of running to catch up with Apple, which is not sitting idle either.
A rate hike will set back the recovery process, but if RBI does raise rates, it will be to prevent the rise in food prices from spilling over to other sectors and to dampen inflationary expectations.
The government has also set the ball rolling on filling up the vacancies in the second rung. It has sought a dossier on general managers who could be promoted to the level of executive directors.
The Insurance Regulatory Development Authority (Irda) is likely to broaden the definition of infrastructure to include more sectors. The move, being discussed with insurance companies, is aimed at enabling insurers to get access to more papers to invest in and diversify their portfolio.
'The challenge is particularly daunting in the case of services, where it is often hard to define the exact amount of the service rendered.'
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