Dr. Tishyarakshit Chatterjee, Secretary, Ministry of Environment & Forests (MoEF), recently underlined the need to design carbon markets to address the short-term needs of investors in manufacturing, save fossil fuels for the future and meet the compulsions of environmental probity, sustainability, entrepreneurship and innovation over a long period. Addressing the India Carbon Market Conclave 2011, organized jointly by FICCI and the MoEF, in partnership with The World Bank and the International...

-The Times of India   Tension gripped the site of the proposed Posco steel project in Jagatsinghpur district on Friday after 20 anti-land acquisition villagers were arrested on charges of preventing entry of officials and police into the villages. Police also dismantled two wooden barricades built by the villagers to bar the entry of "outsiders". "We arrested Niranjan Swain, Pravat Palei, Achuti Das, Srimanta Parida, Bhamara Rout, Tushar Nayak , Narayan Parida and...

In a face-off between advertisers and news broadcasters over the issue of the periodicity of reporting television rating points, the former has opposed the broadcasters’ proposal to have TRPs of shows move from a weekly to a monthly format. The News Broadcasters Association (NBA) last week had issued a letter to TAM, the body that measures television viewership in India, asking it to consider the option of reporting TRPs of programmes...

A high-level meeting on racism, scheduled to take place later this month under the auspices of the General Assembly, is threatening to split the world body and trigger a North-South confrontation. Expressing unfounded fears the meeting might turn out to be anti- Israel, several Western states, including Canada, Germany, the United States, Italy, Austria, the Netherlands, the Czech Republic and Austria, have indicated they will not participate in the meeting. The boycott...

The government's auditor has accused Mukesh Ambani's Reliance Industries Ltd of violating terms of the contract for its showcase Andhra offshore acreage and expressed doubt over the costs at which India's biggest private sector oil company contracted goods and services for bringing the largest gas discovery into production. The Comptroller and Auditor General's final report on a special audit of Reliance's Krishna-Godavari basin fields, presented to Parliament on Thursday, also suggests...