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Negotiators strike a new climate deal by Nina Chestney & Jon Herskovitz

-Reuters   Kyoto Protocol extended; environmentalists, small nations say deal lacks ambition, does not do enough Climate negotiators agreed to a pact on Sunday that would for the first time force all the biggest polluters to take action on greenhouse gas emissions, but critics said the action plan was not aggressive enough to slow the pace of global warming. The package of accords extended the Kyoto Protocol, the only global pact that enforces carbon...

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FDI in retail—UPA ‘retired hurt’ by P Sainath

Here's the wonderful thing about the FDI-in-retail debate: never have struggling Indian farmers found so many champions. They've been crawling out of the woodwork. Foreign direct investment in retail may be on hold, but Hillary Clinton can stop worrying about Anand Sharma and Pranab Mukherjee. “How does (Commerce Minister) Sharma view India's current Foreign Direct Investment guidelines? Which sectors does he plan to open further? Why is he reluctant to open multi-brand...

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Bullion dominates futures market, agriculture at 10% by Sidhartha

Policymakers have repeatedly said that commodity futures help farmers hedge their risks. But data from Forward Markets Commission (FMC), the regulator for the business worth Rs 106 lakh crore during April-October, paints a different picture. The share of agricultural trade is just a tad over 10% and within this, food products such as soya oil and chana accounted for less than 7% of the total value. Of course, the government itself...

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Villagers lay siege to Tamil Nadu's Kudankulam nuclear plant

-IANS Around 1,500 villagers on Saturday laid siege to the Kudankulam Nuclear Power Plant (KNPP) in Tirunelveli district of Tamil Nadu to demand immediate cessation of all work at the site, said an activist. " This morning, around 10 people from West Bengal came to Kudankulam and asked for directions to the plant site. When villagers enquired about their mission, they said they were labourers hired by a contractor to carry out...

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Cacophony Colonnade by Saba Naqvi

Our democracy is creaking, but it works—nominally at least. What it needs is not dilution, but deepening. When “Too Much Democracy” Works     Pressure in Parliament pushes PM Manmohan Singh to secure the resignation of telecom minister A. Raja in the 2G affair     The angst and trials of tribals in the Maoist bastion of Dantewada is sensed in Delhi after the media highlights their plight     People power at the sites of...

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