With Prime Minister Manmohan Singh’s visit just about a week away, Moscow has taken a tough stand on the liability law India is insisting on in all nuclear power equipment purchases. The Russian position can threaten the signing of the commercial pact for building two more reactors — Kudankulam 3 and 4 in Tamil Nadu —expected during Singh’s visit. The Russians said that if all terms of the deal for Kudankulam reactors...

-PTI   India has become "less equal over time" and earningsinequality in the country has increased significantly since the early 1990s, Paris-based think tank OECD said today. The observations are a part of OECD's report focusing on inequality patterns and related policy challenges in the emerging economies of India, China, Argentina, Brazil, Indonesia, Russia and South Africa The Organisation for Economic Cooperation and Development (OECD) is a 34-member grouping of mostly advanced nations, that...

With only three more days of negotiations to go, UN chief Ban Ki-moon says agreement may be 'beyond our reach – for now' A global legally binding deal on climate change is likely to be off the table, at least "for now", the United Nations secretary-general has said in his most downbeat assessment of the talks. Assessing the nine days of negotiations at Durban so far, Ban Ki-moon told delegates: "It may...

China, India, Brazil say a pact must recognize the historical responsibility of nations that caused the problem to act first United Nations (UN) secretary general Ban Ki-moon said a global warming treaty may be ”beyond our reach” this week as India and China rejected pressure for developing nations to adopt mandatory pollution targets. “We must be realistic about the opportunity of a breakthrough in Durban,”” Ban said at UN climate talks...

When psychologists identified the phenomenon of cognitive dissonance — the ability to believe two contradictory things at the same time — they might have been describing the world of international climate change negotiations. Only this month, two authoritative international agencies have pointed out that the world has only a few years left in which to begin taking sufficient action to combat dangerous global warming. The United Nations Environment Programme's Bridging the Emissions...