China's monthly passenger-vehicle sales fell the most in more than seven years after an earlier-than-usual Lunar New Year holiday season deprived dealers of a week's worth of sales. Deliveries of passenger automobiles, including multipurpose and SUVs, dropped 24% from a year earlier to 1.16 million units last month, the China Association of Automobile Manufacturers said today in a statement. Sales were projected to drop 18%, according to the median of a Bloomberg News survey of five analysts who predicted declines ranging from 8.5%to 30%.

The report, titled "Development-led Globalization: Towards Sustainable and Inclusive Development Paths," suggests that FDG has led to uneven, unstable and unfair outcomes.

In a major relief to industries, the state power distribution utility, citing improved electricity supply, has rolled back the weekly power cut industries were facing. A senior energy department official said that the 16 hours of staggering (ie scheduled power cuts) which was in place for industries was withdrawn earlier this month by the Maharashtra State Electricity Distribution Company Limited “until further orders” due to a reduced demand and supply gap.

Greenpeace released the latest version of the Greenpeace Cool IT Leaderboard at the business conclave "Decarbonising Economy: Renewable energy powering India's growth” organised by Greenpeace India and CyberMedia. The leaderboard, in its fifth edition, ranks 21 companies including three Indian companies (Wipro, HCL and TCS) in the IT and telecom industry across three areas; Climate Solutions, Energy Impact and Political Advocacy and part of its wider campaign focus on climate leadership potential of IT and telecom industry.

New Delhi, Feb. 7 (PTI): The world’s largest steel maker ArcelorMittal, which was unable to get regulatory approvals for its proposed $30-billion investments, has for the time being put on hold its India business plans. “It is very difficult to say any thing... When will we start the construction, when we will really make progress. We are not even counting them in our business plans for the next few years,” ArcelorMittal chief L.N. Mittal said while announcing the results for 2011 in a conference call.

New Delhi India’s forest cover has shrunk marginally, says the latest government report. The reduction of 367 sq km (about the size of the Ranthambore National Park) means that the total forested land in the country is 23.81% of the geographical area.

The reduction implies the ministry of environment and forests will be even more uncomfortable with industrial projects in green areas. The ‘India State of Forest Report, 2011’ shows that while 12 states registered a fall in forest and tree cover, 15 states — led by Punjab – showed an increase.

A Bill to consolidate and amend the law relating to companies. This Act may be called the Companies Act, 2011.

The present issue of the Statistical Year Book India 2012 is 45th edition of the publication in the series. The present volume of the publication contains comprehensive data on economic and social sectors, spread in 44 chapters covering more than 350 tables. The data includes the latest state-wise indicators. In addition, a variety of graphs and charts have been given to represent pictorial data.

Energy is an indispensable input for economic growth and human development. There is a strong two-way relationship between economic development and energy consumption. To achieve a sustained economic growth rate of 8%-9%, till 2031/32 and to meet the lifetime energy needs of all its citizens, India needs, at the very least, to increase its primary energy supply by 3 to 4 times and its electricity generation capacity by approximately 6 times. Demand for energy will keep increasing because of accelerated industrialization, urbanization and an emerging consumer society.

Keeping in view the need to identify the various issues and formulation of recommendations for achieving the projected targets related to the industry and to focus on bringing out programs and their financial implications, a working group on cement industry for 12th Five Year Plan was constituted by the Planning Commission. It was also expected that the report will also indicate milestones to be achieved during the 12th Plan period.

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