-The Business Standard Deconstructing the numbers shows companies have bid smartly to get the best deals The recently concluded sale of 1,800-MHz spectrum through auction to telecom service operators, or telcos, has been declared a damp squib for two reasons: One, only five telcos participated in the auction; and two, the bids added up to Rs 9,407 crore, which was less than a third of the Rs 30,000 crore the government had...

-The Business Standard Worryingly, investment in clean energy declines  Global investment in clean energy will decline perceptibly this year for the first time in eight years, signalling an unwarranted complacency in the fight against climate change. A report by Bloomberg New Energy Finance says funding for renewable energy generation in the first three quarters of this year was $164.2 billion, down from last year’s $196.4 billion. The downturn is the steepest at...

-The Indian Express  Attributing "sensationalism" over the CAG's presumptive loss figure of Rs 1.76 lakh crore for the "killing" of the telecom sector, the government on Friday said it plans to auction by March-end the circles that were not taken in the flopped sale of mobile phone spectrum this week. It also rejected Opposition allegations that government was celebrating the failure of the auction and said notwithstanding the poor response, it will...

-The Times of India The government plans to put on auction the circles that went without bids in the just concluded sale of 2G mobile phone spectrum, by March 31, telecom minister Kapil Sibal said on Friday. The "intent" is to have the auction of spectrum in four circles, including Delhi and Mumbai, before the end of the fiscal, Sibal told a news conference. Blaming sensationalism for collapse of the country's telecom growth...

-The Indian Express Ahead of the Winter Session, Finance Minister P Chidambaram on Friday said the government is reaching out to political parties to seek their support for passage of important economic bills. "The Parliament session has a very heavy legislative agenda. We are reaching out to the various political parties to carry through these agenda in the four weeks that we have for the session", he said addressing a press conference...