-The Indian Express Ahead of the Winter Session, Finance Minister P Chidambaram on Friday said the government is reaching out to political parties to seek their support for passage of important economic bills. "The Parliament session has a very heavy legislative agenda. We are reaching out to the various political parties to carry through these agenda in the four weeks that we have for the session", he said addressing a press conference...
More »SEARCH RESULT
Losing the climate fight
-The Business Standard Worryingly, investment in clean energy declines Global investment in clean energy will decline perceptibly this year for the first time in eight years, signalling an unwarranted complacency in the fight against climate change. A report by Bloomberg New Energy Finance says funding for renewable energy generation in the first three quarters of this year was $164.2 billion, down from last year’s $196.4 billion. The downturn is the steepest at...
More »ACs, refrigerators may get more expensive -Nitin Sethi
-The Times of India The cost of air-conditioners and refrigerators could go up considerably starting next summer if the US and other rich countries force a decision at the UN climate talks in November at Doha, to order a global ban on existing refrigerant gases and replace them with costly though relatively more climate-friendly alternatives. One of the alternatives being proposed is produced jointly by DuPont and Honeywell, two US-based multinationals, and...
More »Goa Govt to Pitch for Resumption of Legal Mining
-Outlook Goa government will pitch for the early resumption of legal mining in the state during the next hearing in the Supreme Court scheduled on November 2. State Chief Secretary B Vijayan told PTI that the stand of the government is clear that "we should be allowed to resume the legal mining." According to him, the government will file affidavit in the apex court responding to the notices issued to them. "We are...
More »Indian firms reap bitter harvest in Africa -Aman Sethi
-The Hindu Have Emami and Karuturi bitten off more than they can chew in their land quest? Indian companies which invested in controversial deals involving hundreds of thousands of acres of land in Ethiopia have found themselves out of their depth in a fast-growing African economy that is still in the process of building critical transport and irrigation networks. Documents related to one such transaction reveal how Emami Biotech, a subsidiary of the...
More »