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...
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FDI row: India Inc's overseas retail biz on high FDI by Pradeep Thakur
While the government may be finding it difficult to get its FDI in multi-brand retail pass the test of Parliament, India Inc has been pledging huge investments in wholesale and retail trade abroad, including in countries like the US and the UK. In the 2010-11 fiscal, investments of Indian companies in wholesale and retail trade overseas went up 78% as compared to the previous year - up from $1,052 million in...
More »Saranda’s new beginning by Animesh Bisoee
Union rural development minister Jairam Ramesh admitted lapses of the past but spoke of a new beginning today in Saranda while unveiling an action plan for the Forest region that was under the shadow of Maoist terror for over a decade. Armed with goodies like bicycles and transistor radios for residents of Chotanagra panchayat, about 120km from district headquarters of Chaibasa, Ramesh made it clear that the implementation of the development...
More »Hot rural meals on paramilitary wheels by Animesh Bisoee
Perennially hungry Chotanagra panchayat, 120km from district headquarters Chaibasa, may be forgiven for rubbing its eyes today in disbelief at the sight of a piping hot lunch. Amid the flurry of goodies — from land to tube well repair kits to tricycles — distributed by Union minister Jairam Ramesh, chief minister Arjun Munda and his deputies, what starving villagers relished most were steamed rice, mashed vegetables and eggs, courtesy the Central...
More »India corruption protesters dump snakes in busy tax office by Jason Burke and Manoj Kumar
Four deadly cobras among 40 snakes unleashed by farmers in latest anti-corruption protest in northern India Two farmers fed up with bribery demands have dumped three sacks filled with snakes on the floor of a busy tax office in northern India. The 40 or so snakes of different sizes and species, including at least four deadly cobras, sent clerks and villagers climbing on to tables and scurrying out of the door to...
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