Industrialised countries are increasingly outsourcing part of their emissions of greenhouse gases to emerging economies such as china and India through global trade, a new study has revealed. The study by an international team of scientists has also shown that greenhouse gas emissions in the atmosphere have rocketed to unprecedented levels despite the global financial crisis (GFC) two years ago. Although the GFC did lead to a temporary dip in emissions from...

-Live Mint china nearly doubled its rural poverty threshold last week, in a move that will make an estimated 130 million people (or nearly one-tenth of its total population) eligible for various social support schemes funded by the government. china has now tweaked its poverty line for the fourth time in four years. Poverty lines are not set in stone. They have to be regularly changed. This development comes just as the...

Mismatch between potential and experience confounds many a job-seeker, say managers   Mun Ching Yap had gone as a journalist to an airline company to interview its executive official, but her excitement, passion and ability to learn earned her a job as the head of the company's strategic planning department. Ms. Mun, now a columnist and entrepreneur from Malaysia, was 28 years old then. “In Malaysia, the median age of the population is 27,...

-The Times of India   HDFC chairman Deepak Parekh and Member of Parliament Ashok Ganguly have appealed to Corporate India to come out strongly in support of a besieged government, which is overwhelmed by opposition to its proposal to open up foreign investment in retail.   The two senior business leaders are part of a group of 14 eminent citizens who came together to raise the issue of policy paralysis and later on the...

-PTI   The United Nations has warned that the world is on the brink of another recession, projecting that global economic growth will slow down further in 2012 and even emerging powerhouses like India and china, which led the recovery last time, will get bogged down.  The UN 'World Economic Situation and Prospects 2012' report has cut the global growth forecast for next year to 2.6 per cent from 4 per cent in...