...although issues like capital, membership and governance are still bogging the plan.
Politics of climate negotiation is expected to reach a crescendo tomorrow when the Durban talks enter the last leg of deliberations. With only one day to go and no major decision surfacing from almost two-week long parleys, uncertainty is looming large over the outcome of the talks.
Evidently, something has gone awry in India's regional strategies. Yet, one feels tempted to call this India's "BRICS moment". The Durban summit will show how far India is prepared to go in a new direction. MK Bhadrakumar examines
The G20 meeting of the finance ministers and central bank governors beginning July 19 will also be attended by Reserve Bank of India Governor D Subbarao and Deputy Governor Urjit Patel.
Modi said there were a slew of 'matching priorities' between the business council and that of his administration, including dismantling trade barriers, promoting skills development, establishing manufacturing supply chains and infrastructure development.
BRICS has no plans to form a military and political alliance, Russian President Vladimir Putin said on Wednesday, in an apparent effort to allay apprehensions of the West.
The agenda is to give a concrete shape to a Development Bank and pitch for reforms of the UN Security Council.
At the Paris climate change summit, there is talk of restricting temperature rise to 1.5?C instead of 2?C, which has been negotiated so far. This would give India less space to grow by limiting carbon emissions further, reports Darryl D'Monte, reporting exclusively for Rediff.com from the French capital.
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