Rich and poor countries have to give ground to get a deal in Copenhagen; then they must focus on setting a carbon price AT A time when they are not short of pressing problems to deal with, the presence of 100-odd world leaders at the two-week meeting that starts in Copenhagen on December 7th to renew the Kyoto protocol on climate change might seem a little self-indulgent. There will be oceans...

Indian policymakers are debating doing away with the mandatory rating of financial instruments in the long-term, among a set of measures aimed at strengthening the regulatory and disclosures regime for credit ratings. The expert group, set up by the High Level Coordination Committee on Financial Markets (HLCCFM), has made specific recommendations on improving and disclosing the way credit rating agencies rate financial instruments, and has sought debate on the very...

The United Nations predicted today that the world economy would bounce back next year with a global growth rate of 2.4 percent, but warned of a risk of a double-dip recession if the wrong policies are implemented. “We’re not out of the woods yet,” said Rob Vos, Director of Development Policy and Analysis from the Department of Economic and Social Affairs (DESA), ahead of the launch next month of the...

Twenty-five years have passed since that night of terror and death in Bhopal, which saw a cloud of deadly gases explode out of a faulty tank in a pesticide factory and silently spread into the homes of sleeping people. Although no official count of casualties has ever been done, estimates based on hospital and rehabilitation records show that about 20,000 people died and about 5.7 lakh suffered bodily damage, making...

Noting that the Right to Information (RTI) Act has ushered in the beginning of participatory governance, Vice-President Hamid Ansari on Tuesday said the movement must be strengthened at all levels and the support of the government, civil society and citizens was vital for its success. Delivering the inaugural address at the first “National RTI Awards-2009” organised by Public Cause Research Foundation and NDTV here, Mr. Ansari said: “I must confess...