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'Nuclear programmes to gain momentum with UPA back in power'
The Indo-US nuclear deal and India"s subsequent entry into the Nuclear Suppliers Group (NSG), ending 34 years of nuclear isolation, has thrown open business opportunities worth an estimated $100 billion by the year 2032. The country is planning to increase its nuclear power generation by about 60,000 mega watts (Mw) within the next 25 years. This planned capacity addition is being executed by the state-owned Nuclear Power Corporation of India Ltd (NPCIL). Its head, Chairman and Managing Director SK JAIN, tells P B JAYAKUMAR about his plans and expectations. Excerpts:

India Inc commits Rs 4,500-crore investment in Maldives
Indian corporate houses have lined up investments worth $1 billion (around Rs 4,500 crore) in the Maldives, to fructify over the next two to three years. The houses include Tatas, Suzlon, GMR, Apollo Hospitals and Oberoi. “To attract more investment from India, the Maldivian government is planning to ease the procedures for India Inc and planning to offer various incentives,” said Ahmed Shaheed, the country’s foreign minister.

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'We are constantly looking for targets'
Shivani Shinde / Mumbai October 16, 2009, 0:39 IST
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UN chief urges world climate deal by year's end

UN chief Ban Ki-moon has pressed world leaders to publicly commit here next week to reaching a global climate change deal in Copenhagen in December. - Nair briefs UN about India"s views on climate change - UN climate chief: Big greenhouse gas cuts needed - Global economic crisis far from over: UN trade body - UN Climate Summit to give political momentum for negotiations - World trade to slip by 11%; more trouble for exporters - G-20, WTO should report to UN: Lamy "No issue better demonstrates the need for global solidarity," he told a press conference ahead of next week"s UN General Assembly session. "The current slow pace of the (climate change) negotiations is a matter of deep concern," Ban said, adding that world leaders due to attend Tuesday"s UN climate summit should "publicly commit to sealing a deal in Copenhagen." "We want world leaders to show they understand the gravity of climate risks, as well as the benefits of acting now," Ban said yesterday. "We want them to give their negotiating teams marching orders to accelerate progress toward a fair effective, comprehensive and scientifically ambitious global climate agreement in Copenhagen." Europe and the US administration continue to have differences over how to cut emissions and tackle global warming. The EU prides itself on taking the lead in the battle against climate change, with member states agreeing to make 20 percent cuts in CO2 emissions by 2020 from 1990 levels. EU leaders are seeking a more ambitious global goal in Copenhagen and are ready to commit to 30 per cent cuts if the rest of the world does likewise to attain the overall goal of restricting global warming to two degrees Celsius.


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