-The Telegraph   Social networking websites such as Facebook, Twitter and Google have refused to buckle under pressure from the Indian government to take down content that telecom minister Kapil Sibal and the babus on Raisina Hill find objectionable. Sibal told reporters the government wanted the Big Boys of Cyberspace to remove “abusive” comments and images that could ignite a tinderbox of passions in the country but they had refused to do so...

Environment minister Jayanthi Natarajan said she had come with an “open mind” as India showed signs of flexibility on accepting legally binding emission curbs, but wanted more assurances from developed countries before making further commitments. The comments, at the UN climate change summit in this South African city, came days after China for the first time indicated its willingness to accept legally binding cuts after 2020. The hint of a flexible stand...

India won a major battle at the Durban climate talks with the issue of equity being included in the agenda for all future talks.  While the formal decision to this extent would come only towards the end of the meeting this week, sources told TOI, that the key countries had agreed that the issue of 'equity' in climate actions and carbon space should be fitted into the negotiating text for any...

-The Times of India   Inequality in earnings has doubled in India over the last two decades, making it the worst performer on this count of all emerging economies. The top 10% of wage earners now make 12 times more than the bottom 10%, up from a ratio of six in the 1990s. Moreover, wages are not smoothly spread out even through the middle of the distribution. The top 10% of earners make...

The top 10 investment destinations for Indian companies in the last three years are all tax havens, if the US and UK which figure at number 4 and number 8, respectively, are discounted. The statistic, released by the finance ministry, reinforces the belief that the government has failed in curbing the flow of black money out of the country. Around 40% of the total investments in these three years have been...