Biotechnology

TERI sees ‘biotechnology’ as the prime mover for creating eco-friendly and sustainable technologies
Business Wire India, 19 August 208
Dr Kiran Mazumdar-Shaw, Chairman & Managing Director, Biocon Limited, delivered the Seventh Darbari Seth Memorial Lecture. Dr Mazumdar-Shaw in her address focused on the importance of biotechnology for the conservation of environment and energy for a clean and green living...more>>

Economy

GDP growth seen at 7.7%
The Economic Times, 14 August 2008
The Prime Minister's EAC (Economic Advisory Council) has projected a growth rate of 7.7% for 2008-09. While this revised growth rate is lower than its earlier estimates of 8.5% and the average of 8.9% over the past four years, it would still place India as the second-fastest growing major economy in the world....more>>

Energy

Coal

Lurgi offers coal to liquid technology
The Financial Express, 14 August 2008
Lurgi India Company Pvt Ltd, a wholly owned subsidiary of the Frankfurt based Lurgi AG of Germany, has evinced interest to provide coal to liquid (CTL) technology to India....more>>

Draft Bill suggests more teeth for coal regulator, penalty for defaulters
The Financial Express, 12 August 2008
The Draft Coal Regulatory Authority Bill, 2008 envisages wide ranging powers to the coal regulatory authority....more>>

Monset Ispat to buy Indonesia coal firm
The Economic Times, 12 August 2008
Delhi-based steel maker MIEL is close to acquiring an Indonesia-based coal mining firm for close to $50 million....more>>

Oil & gas

ONGC Videsh bid $2.5 bn for UK'S Imperial Energy
The Hindustan Times; 21 August 2008
ONGC Videsh Limited (OVL), the overseas arm of state-owned oil exploration major ONGC, has made a non-binding offer to acquire controlling stake in United Kingdom’s Imperial Energy Corporation. ...more>>

TERI and PetroFed Announce the ‘India Energy Conference 2008’
Business Wire, 19 August 208
TERI in association with Petroleum Federation of India (PetroFed) is organizing India Energy Conference 2008 during October 3-4 2008 at Taj Palace Hotel, New Delhi. Hon’ble Vice President of India, Shri Hamid Ansari has consented to inaugurate the Conference. ...more>>

Essar Oil discovers oil, gas in Vietnam, Madagascar blocks
Business Standard, 15 August 2008
Ruias-promoted Essar Oil has said that its exploration blocks in Vietnam and Madagascar have shown an initial indication of gas reserves of about 2-3 tcf and around a billion barrel of oil, respectively. ...more>>

Cairn India starts recruitment drive for Rajasthan operations
The Financial Express, 15 August 2008
Cairn India has embarked upon an intensive recruitment campaign, to staff up its Rajasthan operations with more than 300 key positions, for various roles filled through this drive....more>>

Renewable energy

IAA bats with TERI
The Hindu Business Line, 21 August 2008
International Advertising Association (IAA) is partnering TERI to kick-start a programme Light a Billion Lives. IAA hopes to run a national contest, attract the best communications campaign and then impress upon the media to run that campaign....more>>

Environment

Climate change

Dire warming: India could be four degrees hotter in 40 years
The Times of India, 20 August 2008
The Intergovernmental Panel on Climate Change headed by Dr R K Pachauri had issued a warning in its fourth assessment report released in 2007 where it talked of a possible four-degree increase in global temperature....more>>

Climate risk for some, biz opportunity for others
The Financial Express; 18 August 2008
Climate change is fraught with business risks....more>>

New tech solutions are imperative for decarbonisation - Goel, Malti
The Financial Express; 18 August 2008
Scenarios of global warming have projected a rise in global temperature up to 2-4 degree celsius by 2050 due to increasing CO2 concentrations in the atmosphere, if no action is taken to mitigate the greenhouse gas (GHG) emissions and stabilise GHG concentration at 450 ppm CO2 equivalent. ...more>>

75 institutions roped in to study climate change impact
The Times of India, 12 August 2008
The Ministry of Environment and Forests is coordinating the details of what will be the largest ensemble of scientific and economic studies undertaken by the government as part of its official report to the UNFCCC...more>>

Biz wants investment to deploy cleantech
The Financial Express, 11 August 2008
The FE-EVI (Financial Express-Emergent Ventures India) Green Business trends have started coming in. Most Indian businesses say that it’s imperative to have government rules and regulations on climate change to enable them to formulate their strategies and want incentives for deploying clean or less polluting technologies....more>>

Trade

Doha proposals lead to higher cuts by developing world
Business Standard; 21 August 2008
Even as World Trade Organization (WTO) Director General Pascal Lamy has claimed that a successful Doha Round will lead to rich nations undertaking steeper tariff cuts than developing and poor nations, an analysis of the proposals shows the opposite may be true. ...more>>

India, Bangladesh keen on joint ventures across sectors
The Financial Express; 20 August 2008
The bilateral trade agreement between India and Bangladesh first signed on October 4, 1980 is valid until March 31, 2009...more>>