The Copenhagen Accord on climate change marks a shift from a government pledge to Parliament, environment minister Jairam Ramesh accepted today, but asserted that this would not compromise India’s sovereignty. Ramesh had committed to Parliament before leaving for the UN climate summit in Copenhagen earlier this month that India would only provide information about its domestic actions to curb greenhouse emission to the international community. But the accord crafted on...

How much ground India conceded at the climate summit will depend on which of two sets of words packed in a single sentence of the Copenhagen Accord dominate in the negotiations ahead, experts have said. The Copenhagen Accord indicates that actions by developing countries to curb emissions of greenhouse gases would be open to interna tional consultations and analysis. India has in the past asserted — as articulated by environment...

We Indians implicitly believe in India’s great past. Recently, that past has been given a statistical underpinning by Angus Maddison. To celebrate the beginning of the 21st century, Maddison wrote a book called The World Economy: A Millennial Perspective. There he says that India was the world’s largest economy in the first millennium AD. It produced one-third of the world’s income in the first century, and 29 per cent in...

World leaders arriving at the United Nations conference in Copenhagen next week will be greeted with over100 real-life stories demonstrating the devastating impact global warming has on lives and livelihoods of people around the world. The UN Environment Programme (UNEP) today installed the UN Climate Wall - high-tech touch-screens broadcasting the sights and sounds of a changing climate - near the conference hall where the majority of the world's heads...

Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced by the Massachusetts Institute of Technology, which Samuelson helped build into one of the world’s great centres of graduate education in economics. In receiving the Nobel Prize in 1970, Samuelson was credited with transforming his discipline from...