-BBC   Inequality in earnings has doubled in India over the past two decades, a new report says, making it one of the worst performers among emerging economies. The Organisation for Economic Cooperation and Development (OECD) says the top 10% of wage-earners make 12 times more than the bottom 10%, compared to six times 20 years ago. The OECD says India has the highest number of poor in the world. Some 42% of its 1.21...

With only three more days of negotiations to go, UN chief Ban Ki-moon says agreement may be 'beyond our reach – for now' A global legally binding deal on climate change is likely to be off the table, at least "for now", the United Nations secretary-general has said in his most downbeat assessment of the talks. Assessing the nine days of negotiations at Durban so far, Ban Ki-moon told delegates: "It may...

china, India, Brazil say a pact must recognize the historical responsibility of nations that caused the problem to act first United Nations (UN) secretary general Ban Ki-moon said a global warming treaty may be ”beyond our reach” this week as India and china rejected pressure for developing nations to adopt mandatory pollution targets. “We must be realistic about the opportunity of a breakthrough in Durban,”” Ban said at UN climate talks...

-PTI   India has become "less equal over time" and earningsinequality in the country has increased significantly since the early 1990s, Paris-based think tank OECD said today. The observations are a part of OECD's report focusing on inequality patterns and related policy challenges in the emerging economies of India, china, Argentina, Brazil, Indonesia, Russia and South Africa The Organisation for Economic Cooperation and Development (OECD) is a 34-member grouping of mostly advanced nations, that...

-The Business Standard   Union Environment Minister Jayanthi Natarajan on Tuesday made it clear at the global climate change meet at Durban, South Africa, that India would not compromise on the principles of equity and historical responsibility in addressing the issue of climate change. India and china are being targeted for their high carbon emission. Talking on the sidelines of the meet, the minister said, “Equity is central to any debate on climate...