-The Economic Times DOHA: At a time when the reticence of industrialised countries to providing climate Finance and reducing emissions is hampering an outcome at Doha , UN secretary general Ban Ki-moon unambiguously called on the industrialised countries to do more. At the same time, the UN top boss made it clear that all countries need to make an effort according to their level ofeconomic development to tackle climate change. Negotiators from...
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Doha climate talks: India not to enhance its pledge of reducing emissions -Nitin Sethi
-The Times of India DOHA: The Union environment and forests minister Jayanthi Natarajan may not come to the climate talks but the Indian delegation here led by special secretary M Mehrishi has got the nod from the cabinet to draw its strong redlines at the Doha round of UN negotiations. The government has ordered the Indian delegation at Doha to not enhance its pledge of reducing emissions intensity at Doha and reiterated...
More »How Wal-Mart got a foot in the door of India's retail market
-Reuters MUMBAI: Wal-Mart Stores Inc prepared its entry into India's supermarket sector in 2010 with a $100 million investment into a consultancy with no employees, no profits and a scant $14,000 in revenue. The company, called Cedar Support Services, might have been a more obvious selection four months earlier: it began its corporate life as Bharti Retail Holdings Ltd, according to documents filed with India's Registrar of Companies. The Cedar investment is now...
More »Govt tracking spending of HNIs, babus, netas -Pradeep Thakur
-The Times of India The income tax department's '360 degree profiling' had resulted in former corporate lobbyist Niira Radia's contacts with several bigwigs coming to light. She may have fallen off the radar but the government plans to strengthen the mechanism with Finance minister P Chidambaram initiating a pilot project with the FIU (Financial Intelligence Unit) to integrate data on all suspicious transactions with the '360 degree' database. Financial transactions of hundreds...
More »Election Commission to rule today on government's cash transfer scheme -Abhinav Bhatt
-NDTV The Election Commission will decide today whether the government violated the rules by announcing a major overhaul of India's welfare system while Gujarat is in the midst of elections. The opposition BJP has complained that the announcement of the direct cash transfer scheme violates the model code of conduct, which kicks in as soon as elections are announced and forbids parties and candidates from sharing decisions or policies that could influence...
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