-The Economic Times Sales of inverters and batteries jumped about 30% for the quarter to June, as a delayed monsoon pushed up power consumption in Energy-deficient India.  Manufacturers of power backup systems say they expect good profits this year, as the increase in sales will offset the rise in input costs due to a weak rupee. The country's largest battery maker Exide Industries said growth was robust despite a 4%-5% rise in prices....

-Live Mint The much-awaited land acquisition Bill seems to be in jeopardy with the Congress-led United Progressive Alliance (UPA) government rejecting a parliamentary standing committee’s suggestion the government should not acquire land for public-private-partnership (PPP) projects. But it has accepted that land procured for special economic zones (SEZs) and some defence projects cannot be exempted from the purview of a land acquisition Bill and promised to amend other laws pertaining to purchase...

-PTI Amid growing political opposition in India for easing of foreign investment norms in retail and other sectors, US-based companies like Wal-Mart and Prudential Financial are lobbying hard with their own lawmakers here to garner support for their Indian business expansion plans. As per their latest lobbying disclosure reports filed with the House of Representatives and the Senate, the US-based companies and industry groups spent millions of dollars since the beginning of...

-The Telegraph Jharkhand has earned the dubious distinction of being one of the worst performers in climate and environment protection, faring poorly in a survey carried out by the Planning Commission. The report card showing Jharkhand in 20th position on the Environment Performance Index (EPI) 2012 was sent by the Planning Commission to the forest secretary two days ago. “The report is yet to be released officially, but being ranked 20 among all...

-The Hindustan Times In June 1992, Manmohan Singh, then finance minister in the Government of India, delivered the Foundation Day Address of the Society for Promotion of Wastelands Development (SPWD). He spoke on the topic ‘Environment and the New Economic Policies’. In his talk, Singh urged “objective standards industry-wise for safeguarding the environment, asking industry to certify compliance with these standards, institution of an effective system of verification and industry audit...