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Though exchange based trading of power has been in vogue in India for slightly more than a year, they constitute just 0.3% of the total consumed power in the country. Two power trading exchanges - Indian Energy Exchange (IEX) and Power Exchange of...
The Government of India is concerned with the increasing market share of Chinese equipment makers in the new Indian power projects. It may even be contemplating taking anti-dumping action or invoking safeguards clause of the WTO to restrict these...
The not-so-unexpected decision by the Dubai Government to request its banks for a six-month stay (atleast till May 30, 2010) on the $59 bn worth debt repayment obligations of Dubai World, the corporate arm of Dubai and which has led many of its most...
Chris Dillow points to Thierry Henry's now famous "hand of god" goal in the recent World Cup qualifier against Ireland and argues that instead of being a "cheat" as he is accused of, Henry's may be a case of an "ordinary guy who found himself in a...