The hill state of Himachal Pradesh known for its scenic beauty has emerged as one of the popular destination to foreign tourists, mainly form the US, UK, France and Australia with the state recording the arrival of nearly five lakh tourists from these countries last year.

Since foreigners love adventure tourism, the rugged terrain of Himachal Pradesh offer them a large number of such events like mountaineering, mountain biking, paragliding, vintage car rally, skiing and river-rafting, being organised with active support of the government agencies, state’s director tourism Arun Sharma said.

Lanco Infratech is known to be in talks with international energy majors like AES of United States and Gaz de France to sell a part of its power business. The company had recently said it planned to sell a minority stake in its power business and raise $600-$750 million (Rs 2,940- Rs 3,675 crore).

“We have gone on record about the fact that we retained Macquarie to help raise equity for Lanco’s power business. This involves talking to various investors interested in the Indian power sector over a considerable period of time, which may include the names mentioned

Twenty-six countries, including India, are meeting in Moscow tomorrow to discuss the EU’s unilateral action to control greenhouse gas emissions from aeroplanes flying over European airspace.

Global planemaker Airbus joined a chorus of concern that a European scheme to charge airlines for carbon emissions risks triggering a full-blown trade war, with implications for plane deals and even Europe's crippling sovereign debt crisis.

The EU's Emissions Trading Scheme (ETS), introduced on January 1, has drawn howls of protest from airlines around the world, with China banning its carriers from taking part.

The overall environmental performance is improving in Sri Lanka and it has been ranked as a moderate performer, according to the 2012 Environmental Performance Index (EPI) released during the World

After the 1986 Chernobyl nuclear disaster, Vietnam suspended its nuclear plans and waited for more than a decade before reviving them.

China’s airlines will refuse to pay any charges under the European Union’s new carbon trading scheme, while other Asia Pacific carriers, already battling a weak travel market, are likely to pass on

From January 1 all airlines flying in and out of the European Union will need to meet a specific carbon emission requirement.

With the Kyoto Protocol unlikely to produce a new set of targets, Carbon Forum Asia 2011 which concluded in Singapore last week, released IETA’s Greenhouse Gas Market Report for the first time in A