Rising tensions with India and China over the European Union's "arrogant" law on carbon emissions could rob the region of the markets that can rescue it from economic malaise, airline leaders said on Thursday.

They also said they had prepared contingency plans for a possible exit of Greece from the euro, as part of the industry's extensive crisis management, and they were worried about a domino effect of more countries' being forced out of the currency bloc, with implications for all businesses.

Record growth over the last year pushed the UK green goods and services market past the £122bn mark, according to new government figures that reveal the low carbon economy now employs almost one million people.

The sector grew 4.7 per cent against the 2009/10 figure of £116.8bn, providing an additional £5.4bn of economic activity as green industries continued to defy the sluggish progress made by the rest of the economy.

A German development aid organisation said on Thursday it was in talks with the Indian government to dispose of 350 tonnes of toxic waste from the 1984 Bhopal gas disaster.

“We are in discussions with the Indian government,” a spokesman for the government-run Society for International Cooperation (GIZ) said, adding that Indian officials had approached Germany with the request.

No contract had been concluded yet, he said.

Details of the possible deal were unclear, but the GIZ would likely transport the toxic waste to Germany for treatment.

Says continent has to do business with China, Russia, India, and Latin America, all of whom are opposed to the levy

Rising tensions with India and China over the European Union's "arrogant" law on carbon emissions could rob the region of the markets that can rescue it from economic malaise, airline leaders said on Thursday. They also said they had prepared contingency plans for a possible exit of Greece from the euro, as part of the industry's extensive crisis management, and they were worried about a domino effect of more countries' being forced out of the currency bloc, with implications for all businesses.

Close on the heels of rising poaching of big cats, National Tiger Conservation Authority (NTCA) in a strong advisory addressed to all the Chief Wildlife Wardens (CWW) has stated “every case of tiger and leopard death should henceforth be treated as case of poaching unless otherwise proved beyond reasonable doubt”.

Delay in land acquisition is proving to be a stumbling block in expediting road projects as 16 schemes worth about Rs 15,000 crore are stalled due to it.
“Sixteen major highway projects in four states entailing about Rs 15,000 crore investment are stalled due to inordinate delays in land acquisition,” a road transport and highways ministry official told PTI.

New Delhi: Expect the discounts on petrol cars to get sweeter, and the waiting list on diesel cars to be longer. The steep Rs 7.50-hike in petrol price is set to further fuel the demand for diesel models as the fuel’s lower running cost and steady pricing will add to its attraction. While sentiment in the car market
remains weak — hit by inflation, slowing economy and pinching petrol price — diesel models will be the only succour for carmakers and buyers.

Move A Rejection Of 28/Day Poverty Line Formula
New Delhi: After the public outcry over the controversial Rs 28 a day poverty formulation, the Planning Commission has put the poverty debate in a deep freeze with the government setting up yet another expert group to take a relook at the existing methodology to determine the number of poor in the country.

The Planning Commission today announced the constitution of a new expert panel to be headed by the Prime Minister’s Economic Advisory Council chief C Rangarajan to revisit the methodology for estimation poverty levels. The move comes in the wake of the Plan panel facing strident criticism for having fixed the poverty line at just Rs 28.65 per capita daily consumption in cities and Rs 22.42 in rural areas based on Tendulkar Committee recommendations. The group is expected to submit its report in 9 months.