The Office of the Director of National Intelligence in United States has said that 'in keeping with its status as an emerging world power, the government of India exerts strong leadership in global and regional, for and in important bilateral relationships.'
The omission of historical responsibilities, implying the build-up in the atmosphere of 165 years of greenhouse gas emissions from industrialised countries, is a body blow to the notion of climate justice, sums up Darryl D'Monte, reporting exclusively for Rediff.com from COP21.
Retail investors have become a force to reckon with in the last 10 years with their ownership of Indian equities rising 800 basis points, or 8 per cent, to 23.4 per cent during this period, suggests a recent note from Morgan Stanley. This number, Morgan Stanley said, is set to rise in the next few years as Indian households are still underinvested in equities. India's demographics, policy framework, investor education and modest positive real rates, it said, will fuel the 'equity cult' in India.
Prime Minister Narendra Modi on Tuesday launched 35 crop varieties with special traits -- developed by the Indian Council of Agricultural Research (ICAR) -- to address the twin challenges of climate change and malnutrition. The new crop varieties were dedicated to the nation through a video conference organised at all ICAR institutes, state and central agricultural universities and Krishi Vighyan Kendra. According to the PMO, 35 crop varieties with special traits like climate resilience and higher nutrient-content have been developed in 2021.
The game plan is to pressure India and China to come back and commit to further emissions cuts by next year's UN meeting. Neither China nor India has 2030 targets anywhere near in line with a 1.5 degree centigrade pathway, and so will be on the target list of nations under pressure to return next year with more ambition, predicts Ambassador M K Bhadrakumar.
With hopes for a far-reaching deal on climate change receding, India is making a strong pitch for extending the Kyoto Protocol beyond 2012 and commitments that legally bind developed countries to reduce emissions.
India and the US on Monday committed to further improving bilateral ties, exploring alternate mechanisms for funding renewable energy and actively pursuing the G20 agenda which includes strengthening MDBs and taking coordinated action to deal with climate change. Several issues, including climate action, rising indebtedness in low and middle income countries and digital public infrastructure, figured during a bilateral meeting between Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet Yellen held on the sidelines of the G20 meeting of Finance Ministers and Central Bank Governors. India, Sitharaman said, will "look forward to furthering ... bilateral interests through development cooperation and new investment opportunities through Alternate Investment platforms for renewable energy."
As part of efforts to combat climate change, Prime Minister Manmohan Singh on Monday advocated creation of Solar Valleys in India on the lines of Silicon Valleys and asked industrial houses to view the Solar Mission as a huge business opportunity.
'...hesitate to support the risk-taking it requires.'
In their first summit, the leaders of Quad countries on Friday decided to launch a mega vaccine initiative under which coronavirus vaccines will be produced in India for the Indo-Pacific region with financial assistance from the United States and Japan while Australia will contribute in logistical aspects.
Billionaire philanthropist George Soros believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government -- a statement which was strongly countered by BJP as an attack on Indian democracy.
This is the first deal by an Indian startup after the sector was opened to private companies in 2020.
Pitching for transfer of clean technologies to enable the developing countries to adapt to climate change, Science and Technology Minister Kapil Sibal asked the developed nations to keep politics aside while addressing environmental issues. Addressing a seminar on climate change here, he said it was time to think about 'alternative and workable' solutions to address the issue of carbon emissions.
If all goes on well, the NISAR satellite will be launched in 2021 from India using the Geo-synchronous Satellite Launch Vehicle (GSLV).
The issue of climate change is going to dominate the Commonwealth Heads of Government Meeting which is being attended by Prime Minister Manmohan Singh.
Most economists expect the global economy to weaken in the coming year amid political and financial volatility, but a large majority of over 90 per cent are confident of moderate or strong growth in South Asia, notably India, a survey showed on Friday. At the same time, the outlook for China has dimmed following signs of deflationary pressures and fragility in the country's real estate market, the World Economic Forum's latest 'Chief Economists Outlook' report said. As the world grapples with political and financial volatility, almost six in 10 believe the global economic outlook will undermine progress towards meeting the UN Sustainable Development Goals (SDGs), with 74 per cent saying geopolitical tensions will have the same effect.
'Yes, the playing conditions still vary over time. But you're still in control of what sort of works for you on a pitch. So, you might play on a new hybrid pitch for one game.'
As per the 2001 census, approximately 92 million households or 490 million people are dependent on marginal or small farm holdings.
As weather patterns grow more unpredictable due to climate crisis, India is taking a giant leap with "Mission Mausam" to improve weather understanding and forecasting through expanded observation networks, better modeling and advanced tools like AI and machine learning.
Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."
Pushing for a legally binding substantive outcome at the Copenhagen climate change meet, Prime Minister Manmohan Singh on Saturday said India is willing to sign on to an ambitious global target for emission reduction or limiting temperature increase, if it is accompanied by an equitable burden-sharing paradigm. He denounced attempts by some developed nations to junk the Kyoto Protocol on greenhouse gas emissions.
'Rain-fed farms in the drier parts of the country are feeling the pinch of lack of water, and this pinch is only going to increase. Some of the biggest companies have shut down because of non-availability of water.'
Pachauri, who has been under attack from various quarters over the IPCC's 2007 report on Himalayan glaciers, has already ruled out his resignation saying that the mistake was 'unfortunate' and he would go ahead to complete the Fifth IPCC Assessment Report.
Indian-American business leader Ajay Banga is poised to become the next President of the World Bank after the nomination period closed and no country proposed an alternate candidate for the prestigious post. In February, President Joe Biden announced that the US would be nominating Banga to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history." The World Bank on Wednesday closed a month-long window for nominations for its next president, with no alternatives announced to 63-year-old Banga.
A day after quitting as Chairman of UN's prestigious Intergovernmental Panel on Climate Change, TERI Director General R K Pachauri has been admitted to a city-based hospital.
Chopra, who is now settled in Los Angeles, was invited by the Democratic National Committee's Women's Leadership Forum to interview the Vice President for a fireside chat.
Briefing reporters at the conclusion of a two-day meeting of 17 major economies on climate change and energy, prime minister's special envoy Shyam Saran said there has to be a balance between historical responsibility and current emissions.
'From the investor's point of view, a real change would happen only when business environment in all our states qualitatively improves,' says NITI Aayog Vice-Chairman Rajiv Kumar.
This is the fourth cheetah litter on Indian soil and the first litter of cheetahs brought from South Africa, Yadav informed.
2015 is going to witness new agreements on climate change.
India on Tuesday favoured a legally binding climate change agreement from the developed countries, saying a political pact will not be 'enforceable', even as it asserted that its voluntary reduction of carbon emission intensity was not announced under pressure.
This was conveyed by Union minister for New and Renewable Energy Farooq Abdullah to US Special Envoy for Climate Change Todd Stern in a meeting, where the two leaders also deliberated on ways to intensify collaboration to harness renewable energy.
Rediff reports on the reasons behind this dramatic shift.
Barely a week ahead of the UN meet on climate change in Copenhagen, India on Monday made it clear that there will be no compromise on its position on carbon emission cuts and will preserve its economic interest at all cost.
US envoy Eric Garcetti on Thursday said he respects that India likes its "strategic autonomy", but in times of conflict, there is no such thing as strategic autonomy, even as he pitched for forging a stronger partnership between New Delhi and Washington.
Whether it's Carrefour, Ford, or other foreign majors, they are ready to adjust their strategies and design their plans in a way that would address the Indian consumption story.
Prime Minister Narendra Modi on Saturday said the target date for achieving 20 per cent ethanol-blending with petrol has been advanced by five years to 2025 to cut pollution and reduce import dependence.
The pandemic has led to the International Finance Corporation massively ramping up its impact investment in the country - its largest client nation globally - at $1.7 billion as of June, a 51 per cent rise over the past 12 months, the largest developmental lender into third world private sector said on Tuesday. This is nearly half of its investment in the whole of South Asia since the pandemic, which touched $3.8 billion as of June 2021, it said. "Our total commitment to India, which is our largest client country globally, at the end of June stood at $1.7 billion representing an increase of over 51 per cent from last year," IFC vice-president for Asia and the Pacific region Alfonso Garcia Mora said in a statement.
As a politician, Yadav is amiable and a consensus-maker, not hamstrung by dogma.
Speaking at an event in New Delhi, jointly held by National Thermal Power Corporation and the Confederation of Indian Industry, he added that developing countries should also not expect any financial or technical assistance from developed nations to help reduce their carbon footprint.
