As pressure builds on China and India to accept greater obligations to cut down carbon emissions, both countries have asserted that measures to combat climate change need to factor in the principle of equitable access to development opportunities.Environment Minister Jairam Ramesh said developing countries have to strike a balance between growth objectives and emission mitigation as experts reminded that developed nations have over-used their fair share.“I want to reiterate that...

The Niira Radia tapes have firmly put  the spotlight of adverse attention on politics and the media. But surprisingly, the loudest voice of protest—which is also a claim of innocence and a warning that the focus on the mud-smeared keeps attention off the real beasts in the 2G story—has come from India Inc. Ratan Tata, head of the Tata group and Radia’s foremost client, calls the leaked tapes “unauthorised” and...

Jairam Ramesh, India's environment minister, will make a decision in the next week that could define the future of the country: whether to approve a $12 billion South Korean-owned steel plant, the largest potential foreign direct investment ever on the subcontinent. The plant, proposed by South Korea's Posco, has been in the works for years. It already has been cleared by the environment ministry, which Mr. Ramesh runs, and endorsed by...

Negotiators from China and Japan clashed over the Kyoto Protocol at the UN climate change meet here, highlighting the uncertain future of the only treaty that puts legally binding emission targets on industrialised nations. Noting that some countries do not "like" the Kyoto Protocol, deputy head of China's delegation, Huang Huikang said, "Now we are even more worried about the KP (Kyoto Protocol)...they even want to kill the KP." "There must be...

While survivors of the Bhopal gas leak disaster have been demanding that Dow Chemical, the current owner of the Union Carbide Corporation, be held liable for the clean-up of the disaster site, the Ministry of Commerce and Industry granted approval to a project involving Reliance Petroleum Ltd and Dow Global even after apprehensions were expressed by the Ministry of Chemicals and Fertilizers. It now appears that the approval, granted shortly...