The momentum for a deal at next month's United Nations climate change summit is strong and growing, Secretary-General Ban Ki-moon said today, urging world leaders to make the extra push to achieve a firm foundation for a legally binding treaty as early as possible in 2010. “My message to you today is simple: stay focused, stay committed, come to Copenhagen, and seal a deal,” Mr. Ban said in a keynote...

The Indian economy is picking up and should be able to expand at eight to NINe per cent. It is high time that the government initiates a universal public distribution system covering at least the essential commodities. Incomes of the rich will go up and India will be a major player in the world when it revives. But the bulk of the population, about 70 per cent, will remain poor with...

FIVE HOURS’ bus ride from Kolkatta, just past the railway crossing at Beldanga, is a dilapidated concrete structure covered in half-torn posters variously advertising a Marxian utopia, films for red-blooded adults and bedroom advice for couples intent on children. Inside, in a tiny, dank room behind a desk, sits someone the Queen of England knows by name – and you should too. Lanky, awkward and at 16, the possessor of...

Ending months of speculation about exactly what it was planNINg to do to boost the use of renewable sources of energy, India said this week that it will spend about $900 million on solar energy. The Indian cabinet approved a plan on Thursday that sets out to increase energy production from solar technology to 20 gigawatts by 2022, up from six megawatts today. The government will spend about 43 billion rupees...

The quarterly Survey of Professional Forecasters conducted by the Reserve Bank of India (RBI) revised India's gross domestic product growth downwards to 6 per cent for 2009-10 from 6.5 per cent in the previous round of the survey. However, the survey has estimated that corporate profits are set to rise in the current fiscal. According to the RBI, the highest probability of 37.5 per cent is assigned to growth range...