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India, China sign on to Copenhagen accord
India and China have signed on to the Copenhagen climate change agreement reached in December 2009, which calls for setting voluntary limits on emissions of greenhouse gases. More than 100 countries have now agreed to the Copenhagen accord, including all major economies except for Russia. The accord states the countries’ “aim” to keep [...] -
India predicts 8.8% growth
India’s annual Economic Survey forecast predicted that the country would grow as much as 8.75% in the coming fiscal year. The country’s Finance Minister Pranab Mukherjee said that India had moved past the "despondency and gloom" of 2009, and ends the fiscal year "with confidence". The country’s economy is expected to continue on its "high growth [...] -
State-run Indian company plans to take 4% stake in Myanmar-China pipeline
State-run Indian company Gail intends to acquire a 4% stake in the USD $2.01 billion Myanmar-China gas pipeline. The investment of Gail and OVL a subsidiary of the Oil and Natural Gas Corporation Limited would amount to approximately USD $250 million in the project. Gail’s investment comes after reports that its net profits have undergone a three-fold [...] -
India: India, US sign clean tech deal
The US and India have signed a deal in Washington, DC aimed at promoting the development of green technology. The deal comes in the runup to the UN conference on climate change scheduled for Copenhagen for December 7-18. The details of the entire proposal have yet to be released. Clinton said only that India and the [...]
