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Of money, greed and risk-loving CEOs by Jayati Ghosh

This has been quite a decade for global corporate leaders, volatile not only in terms of their actual fortunes, but even more so with respect to the shifting perceptions of society. When the decade began, large corporations and those at their helm were at the peak of their power, flush with riches delivered by the dotcom boom in the US economy as well as the vast opportunities created by easier...

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Outcome good, but not adequate: Pachauri

The outcome of the Conference of Parties at Copenhagen is “good” but not “adequate,” R.K. Pachauri, chairperson of the Inter-governmental Panel on Climate Change, said on Wednesday. Talking to reporters here, he said the Copenhagen Accord provided a framework for working out a binding agreement, incorporating the details of the specific commitments by all countries, especially the developed nations. But it did not address the extent to which the developed nations...

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India failed to protect people’s interests, says Greenpeace

By endorsing the Copenhagen Accord at the just-concluded U.N. climate meet, India has failed to protect the interests of the people most affected by climate change not only in India but worldwide, environmental group Greenpeace said on Tuesday. Reacting to the Environment Minister Jairam Ramesh’s statement on India’s position at Copenhagen on climate change, it said India shirked its responsibility to show leadership and let down the most impacted communities...

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Opposition: Copenhagen Accord not good for India

The Opposition has slammed the government over the Copenhagen Accord, saying the document betrays developing nations, and has  compromised India's interests. In a lengthy speech in Parliament this morning, the BJP's Arun Jaitley said the Copenhagen Accord helps Developed Countries avoid the commitments they made under the Kyoto Protocol. Jaitley also said the  Copenhagen Accord permits international scrutiny of India's actions to deal with global warming, something that the government had...

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Land India’s least reformed sector: Tata

In the Indian reform story, policies on land have been the least reformed one, said Ratan Tata on Monday. The Chairman of the Tata Group, whose company Tata Motors had to shift the production base for its Nano car from Singur in West Bengal to Sanand in Gujarat following continuous protests over land acquisition for the project, said political leaders should be able to strike the right balance in deciding...

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