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Oil India net profit up 23%
Oil India Ltd (OIL), the country’s second-largest state-owned explorer, has posted a 23 per cent increase in net profit for the quarter ended December 2009 on the back of higher price realisation due to a reduced subsidy outgo.

Doha trade talks resume in Geneva
Trade talks resumed in World Trade Organization (WTO) headquarters at Geneva today, 10 days after 30 ministers broke the impasse on Doha negotiations, aimed at reaching a global pact for opening $32 trillion international commerce.

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Maytas Properties crumbles, IL&FS saves Maytas Infra
Things went from bad to worse since December 2008 for people who purchased bungalows, villas and apartments at Maytas Hill County, promoted by Maytas Properties Limited (MPL) -- the company run by B Rama Raju (Jr), the younger son of Satyam Computer Services founder and former chairman B Ramalinga Raju.
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Don't expect miracles at Copenhagen: Jairam Ramesh

India has said that developed countries should "not expect miracles" at the key Copenhagen climate summit in December and the goals sought for emission controls should be more "realistic". - Govt to set up autonomous environment regulator - Nair briefs UN about India"s views on climate change - We ended ozone-depleters well ahead of schedule: Jairam ramesh - Another admirer - Indo-Pak agreement - States to get "green" bonus for forest cover "We must aim for low hanging fruit," Environment Minister Jairam Ramesh told an audience here, indicating that the control limits being sought by advanced countries were too high. In significant comments ahead of the summit, Ramesh said India should not be singled out as the "obstructionist" and instead industrialised countries should agree on realistic targets for cutting emissions by 2020. He told a meeting at the Columbia University at an event called India"s Road to Copenhagen hosted by renowned economist Jagdish Bhagwati that the December summit should focus on consensus on areas such as afforestation to promote carbon sequestration, strengthening the Clean Development Mechanism and technology-sharing. The minister said at no time, in the future, would India"s per capita emissions exceed the per capita emissions of the industrialised countries. He further pointed out that while India was in the same "negotiating ship" as China, the two countries should not be clubbed together.


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