Amid no signs of a breakthrough, Prime Minister Manmohan Singh on Friday said the outcome of the Copenhagen climate summit may fall short of expectations and warned against any dilution of the principles of UNFCCC, particularly of 'common but differentiated' responsibilities.
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.
Sri Lankan cricket captain Kumar Sangakkara has urged world cricket chiefs to balance the international calendar via the provision of a more equitable Future Tours Programme.
The Supreme Court on Tuesday ordered a stay of the implementation of the contentious three new farm laws hoping this will end the prolonged protests by the farmers and also constituted a four-member panel of agri experts to resolve the impasse between their leaders and the Centre.
United Progressive Alliance chairperson Sonia Gandhi on Sunday said that while the Congress ensured equitable and uniform development in all areas, the National Democratic Alliance rule was biased against states ruled by her party.
The minister echoed the consistent message of the Indian delegation as well as other developing countries that the Intended Nationally Determined Contributions of all countries should include elements of adaptation, finance, technology and capacity building.
At Copenhagen, attempts to arrive at a fair deal on climate change were deadlocked with countries refusing to budge from their positions on sticky issues like emission cuts. Environment Minister Jairam Ramesh, who is leading the Indian delegation, said the BASIC group -- comprising India, China, South Africa and Brazil -- "is united and we would like to reiterate that we want an equitable and fair agreement to emerge out of the summit".
Negotiations to hammer out an 'equitable and fair' deal on climate change were deadlocked on Wednesday, even as hundreds of climate activists were tear-gassed, beaten up and detained for trying to break into the UN-sponsored Climate Summit in Copenhagen and establish a 'people's assembly', accusing the 193 participating countries of not trying to reach a new deal to combat the menace.
Singh asserted that the domestic challenges of India's economy were daunting in their complexity and devastating in their impact on the society.
United States' President Barack Obama on Wednesday said that fighting HIV/AIDS in America and around the world will require more than just fighting the virus as he unveiled a new strategy to combat this dreaded disease.
Forex trade can be a very profitable venture. But while the money market movements are small, they can hurt big.
A discussion paper by the empowered committee of state finance minister released today said taxes levied by the central government like excise, additional excise duty and various surcharges and cesses would be part of the GST.
Malaysia Airports Holdings Berhad is the minority partner with 11 per cent and 10 per cent stakes in the Hyderabad airport and the New Delhi airport respectively.
The decision about the high-powered committee was taken as the government apparently thought of taking one step at a time instead of hurrying things up in the face of growing resistance from farmers who gave their lands for the development of Amaravati as the new capital, under the previous government headed by N Chandrababu Naidu, reports Dasarath Reddy.
The Congress on Monday slammed Haryana Chief Minister Manohar Lal Khattar for his "deplorable" remarks against Sonia Gandhi and demanded an unconditional apology from him.
The Union Cabinet on Thursday night gave the go-ahead for the creation of a 10-district Telangana and outlined the blueprint for carving out the country's 29th state from the current Andhra Pradesh.
India has raised tariffs on 28 items, including almond, pulses and walnut, exported from the US in retaliation to America's withdrawal of preferential access for Indian products.
Under the new system, Infosys will handle end-to-end solution - from e-filing to return assessment to refund processing. The new portal is also expected to process the refunds within one day of filing of tax returns, in huge relief for taxpayers.
Besides seeking vacation of the apex court's interim order, which stayed the electricity tribunal's judgement on May 14, Reliance also sought a direction to Maharashtra Electricity Regulatory Commission to allocate TPC's generating capacity as was done for financial years 2006-07 and 2007-08.
A policy is being framed to give equal fiscal treatment to all fibres so that common man gets clothing at competitive price, Textiles Minister Dayanidhi Maran said in the Rajya Sabha on Wednesday.
The conference held in New York from June 24 to 30 had agreed on a sweeping action plan to help blunt the impact of the economic downturn, especially for developing counties, but 'in the interest of all nations... to achieve more inclusive, equitable, balanced, development-oriented and sustainable economic development to help overcome poverty and inequality'.
'We are not yet out of the woods.' 'If India sees the South African or Brazilian type of mutations, our numbers will rapidly rise.'
Unlike the regimes of Jayalalitha, Palaniswami and Karunanidhi, ministers are actually getting to make decisions on their own, with the unmentioned rider that they would be held responsible and accountable, observes N Sathiya Moorthy.
'Islamabad is only as big as a Delhi suburb.' 'How can a city with just two five star hotels and only one departure gate at their international airport be compared to Delhi with its sprawling airport?' Ambassador T P Sreenivasan finds the pulse of Pakistan after visiting Islamabad for the first time.
Being one of the most ecologically modernized state in the world, Japan heads to Copenhagen with its ambition of green leadership in the post Kyoto regime. Japan has nurtured this ambition through smart diplomatic endeavors, ecological restructuring of policies and technological innovations.
'The US and India continue to use their deepening relationship to build new partnerships within and beyond the Indo-Pacific.'
Tanti, who acquired Germany's REpower Systems last year, today announced plans to buy Chinese wind energy company Honiton Energy Holdings. The acquisition will be concluded through Colossus Holdings, a Singapore-based holding company of the Tanti group, and Bahrain-based private equity company Arcapita Bank for over $500 million (Rs 2,162 crore), sources said.
The accident compensation formula ignores inflation and the rise in life expectancy.
State-run fuel retailers are losing about Rs 135 crore (Rs 1.35 billion) per day on sale of petrol, diesel, LPG and kerosene and the government is looking at proposals to make up for these losses, a senior official said.
In an effort to enhance the educational infrastructure, the age of superannuation for teaching positions in centrally-funded institutions of higher and technical education has been increased from 62 years to 65 years, the report said.
What next for #TimesUp after Hollywood's biggest night?
Moreover, Ravi Narain and Chitra Ramkrishna -- who had served as MD and CEO of the exchange -- have been asked to disgorge 25 per cent of respective salaries drawn during a certain period.
Yes, India needs desperate measures to kick-start growth. But selling off its lungs to the highest bidder to hack away cannot be the way out, says Sumit Bhattacharya.
Choose the right scheme and occasional shifting will ensure safety with returns.
China's per capita GDP is about four times of India's, Raghuram Rajan said.
India will finally sign an investment treaty - the Bilateral Investment Promotion and Protection Agreement (BIPA) - with Myanmar in the first week of April. The pact is going to be of critical interest to a host of oil majors looking at investments in the resource-rich country.According to sources, the treaty will be signed with the approval of Prime Minister Manmohan Singh. The Cabinet ratification, they say, will come later.
Investment in infrastructure was necessary for the economy, as power shortages, inadequate transport and poor connectivity affect overall growth performance, as per the Economic Survey 2019-20 tabled in Parliament by Union Finance and Corporate Affairs Minister Nirmala Sitharaman. "To achieve GDP of USD 5 trillion by 2024-25, India needs to spend about USD 1.4 trillion (Rs 100 lakh crore) over these years on infrastructure so that a lack of infrastructure does not become a constraint to growth," it said.
Persistence and discipline are key to creation of wealth in the long term. Time is your strongest ally in helping your wealth grow multifold.
According to exporters, withdrawal of incentives under GSP would impact India's export worth $5.6 billion to the US.
