Popular Articles

Trai seeks financial details of broatcasters
Telecom Regulatory Authority of India (Trai) has sought financial and operational details of broadcasters, cable operators and multi system operators (MSOs), which it requires for preparing a consultation paper on the issue of tariff for cable TV services in non-CAS areas.

Global crisis pinches FDI purse in 2009
The global financial crisis that spilled over into its second year choked flow of foreign direct investments into India in 2009, forcing the government to loosen rules for investments but it kept multi-brand retail off-limits to foreigners.

News of the day

Hero Honda keen on Karnataka
Five companies including Hero Honda have evinced interest in investing in Karnataka. In the run up to the forthcoming lobal investors’ meet in June this year, the state industries department has been inviting companies from industry segments to the state.
International Business

'US climate bill won't be ready before Copenhagen talks'

US President Barack Obama"s top aide on climate has said there is virtually no chance the Congress will pass an energy legislation for him to sign before Copenhagen summit in December. - Global leaders vow to tackle climate change - India proposes bilateral talks with EU, US on climate change - "US now has better understanding of India"s stand on climate" - Food prices may rise 121% by 2050 due to climate change - US to help capture clean energy from Chhatisgarh coal mines - Gandhi: The brand the world flaunts! The first definitive statement by the administration on climate bill came from Carol M Browner, director of the White House Office of Energy and Climate Change Policy, during an interview in Washington, The New York Times reported today. "There is little chance of Congressional passage of the legislation this fall," Browner said. Lawmakers and environmental campaigners have cast similar doubts on the prospect in recent weeks, given the high priority put on health care legislation and the array of hearings that would be needed on the energy initiative, the paper noted. Climate legislation was introduced in the Senate only Wednesday, three months after the House passed its version. "Obviously we"d like to be through the process — that"s not going to happen," Browner said. "I think we would all agree the likelihood you would have a bill signed by the president on comprehensive energy by the time we would go in early December is not likely," Browner is quoted as saying. However, Browner said it was possible that the Senate could at least complete its hearings on the bill by the time the international climate talks open on December 7.


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