StanChart senior executive Shankar quits in latest management change

Last Updated: Wednesday, April 1, 2015, 18:53

Shankar has resigned as chief executive of Europe, Middle East, Africa and Americas, and will now look at setting up a private equity firm, Standard Chartered said on Wednesday.

RE-Invest 2015: Michael Bloomberg urges investors to invest in clean energy market

Last Updated: Monday, February 16, 2015, 15:53

The RE-Invest between 15-17 February in New Delhi has been organised by the Ministry of New and Renewable Energy.

India signs $8 mn loan agreement with World Bank

Last Updated: Friday, February 13, 2015, 21:18

India Friday signed a loan agreement worth USD 8 million with World Bank for sustainable livelihoods and adaption to climate change.

India needs to grow at 7-8% a year: Sinha

Last Updated: Wednesday, February 4, 2015, 12:48

India needs to grow at 7-8 percent a year to create more job opportunities for young people and double the size of the economy in 10 years, Minister of State for Finance Jayant Sinha said.

Base year change: Per capita income rises to Rs 6699/month in FY14

Last Updated: Friday, January 30, 2015, 22:16

India's per capita income, a gauge for assessing standard of living, for 2013-14 is up at Rs 6,699 per month for 2013-14 as against the earlier estimate of Rs 6,198.33 after the government updated the base year for measuring national accounts.

UN asks India to set target to cut down carbon emissions

Last Updated: Sunday, January 11, 2015, 22:59

United Nations Secretary General Ban Ki-moon Sunday asked India to set an ambitious target to cut down carbon emissions, saying it is in a unique position to lead sustainability, energy efficiency and fight against climate change.

Hollande shifts position on Tobin tax, money for environment

Last Updated: Tuesday, January 6, 2015, 02:30

French President Francois Hollande shifted position on Monday on implementing a long-sought financial transactions tax in Europe and said the money should go towards projects aimed at mitigating climate change.

Make in India: PM Modi promises change in law to boost manufacturing

Last Updated: Monday, December 29, 2014, 21:17

Prime Minister Narendra Modi on Monday promised to change laws and style of government functioning to create jobs and bring the derailed economy back on track.

Derivatives exchanges prove resistant to regulatory change

Last Updated: Tuesday, December 23, 2014, 12:38

In December 2013, Hanmag Securities Corp, a small South Korean brokerage firm, lost 46 billion won ($42 million) in a day after a stock option trading algorithm went bad. It was a fatal blow for a company that had just 15 billion won of capital — Hanmag went bust.

Poland faces EU fines over renewable energy failures

Last Updated: Thursday, December 11, 2014, 18:58

The senior legal advisor to the European Union`s top court, advocate general Melchior Wathelet, said Poland should be fined 61,380 euros ($76,081) a day.

Bloomberg named UN Chief`s special envoy for climate change

Last Updated: Saturday, February 1, 2014, 21:32

UN chief Ban Ki-moon has appointed former New York City mayor Michael Bloomberg as the first special envoy for cities and climate change.

US says no major climate impact from Keystone pipeline

Last Updated: Saturday, February 1, 2014, 06:45

The US State Department released a long-awaited review of a controversial pipeline project to bring oil from Canada to Texas, concluding it would have little impact on climate change or the environment.