-IANS   An impassioned speech by Environment Minister Jayanthi Natarajan capped the finale of the UN climate summit that ended here early Sunday with a Durban Package, after she warned that India 'will never be intimidated by any threat or pressure'.   Natarajan's speech ensured that India's main concern - the inclusion of the concept of equity in the fight against climate change - became part of the package.   The package said all countries would...

Delegates clashed over attempt to make agreement legally binding until deal was struck in pre-dawn hours Countries have agreed a deal in Durban to push for a new climate treaty, salvaging the latest round of United Nations climate talks from the brink of collapse. The UK's cimate change secretary, Chris Huhne, hailed the deal, finally struck in the early hours of Sunday after talks had overrun by a day and a half,...

The Durban climate talks finally ended more than 36 hours after the scheduled closure on Sunday early morning. The world agreed to a new global climate change regime that will come in to force starting 2020. India took over centre-stage as a force to reckon with, regained its position as the leader and moral voice of the developing world as the EU and the US were forced to address its...

Citibank manager Shivraj Puri’s alleged fraud on wealthy clients has swivelled the spotlight on the growing number of high net-worth individuals whose money banks rush to manage for a fee. The wealth of high net-worth individuals (HNIs) — defined as those who have “investable assets of at least $1 million (around Rs 4.5 crore) — in India is estimated at a staggering $477 billion and is rising each day. According to the...