News Update

IndiGo orders 30 Airbus A350s for long haulsFiling of Form 10A & 10AB: CBDT extends due date to June 30RBI to issue fresh guidelines for banks to freeze suspected bank accounts being used for cyber crimesCPGRAMS recognized as best practice in Commonwealth Secretaries of public serviceIsrael-Iran War: A close shave for Global Economy but for how long?KABIL, CSIR ink MoU for Advancing Geophysical InvestigationsI-T - If income from stock-in-trade are held as investments, then provisions of section 14A would apply to such income: ITATTRAI recommends on Infra Sharing, Spectrum Sharing & Spectrum LeasingI-T- Revisionary powers u/s 263 can't be exercised when AO has neither assumed facts incorrectly nor there is incorrect application of law : ITATTechnology Board okays funding of Dhruva Space's Solar Array ProjectI-T- Issue of interest is debatable issue on which two views are possible and AO accepted one of views for which PCIT cannot assume revisional jurisdiction: ITATHealth Secy visits Bilthoven Biologicals, discusses production of Polio VaccineI-T - Estimation of profit element from purchases should be done reasonably if assessee could not conclusively prove that purchases made are from parties as claimed, in absence of confirmations from them: ITATStudy finds Coca-Cola accounts for 11% of branded plastic pollution worldwideI-T- Triplex flats purchased are interconnected and can be considered as 'a residential unit'' as per definition of section 54F of Act : ITATDelhi HC says conspiracy against PM is a crime against StateI-T- AO omitted to probe issue of cash payments made over specified limit; revisionary power u/s 263 is rightly exercised: ITATBrazil makes new rules to streamline consumption taxesI-T-Power of revision unnecessarily exercised where AO had no scope to examine creditworthiness & genuineness of assessee's creditors: ITATBiden signs rules mandating airlines to give automatic refunds for delayed or cancelled flightsI-T-As per settled law, in absence of enabling powers, no disallowance can be made : ITATBYD trying to redefine luxury for new EV variantsGST - On the one hand, the order states registration is liable to be cancelled retrospectively and on the other hand mentions that there are no dues - Order modified: HCSC asks EC to submit more info on reliability of EVMsRight to Sleep - A Legal lullaby
 
India to participate in Mission Innovation & Clean Energy Ministerial in San Francisco

By TIOL News Service

NEW DELHI, MAY 30, 2016: World's Energy Leaders to gather in San Francisco for the 7th Clean Energy Ministerial and Inaugural Mission Innovation Ministerial on June 1-2, 2016. Energy Ministers from Nations with 90% of Clean Energy Investments and 75% of GHG Emissions to Focus on Advancing Clean Energy Cooperation and Implementing PRIS Agreement Commitments.

The Indian delegation led by Dr. Harsh Vardhan, Minister Science & Technology and Earth Sciences will be participating in the Mission Innovation and Clean Energy Ministerial along with Senior Officials from the Ministry of Science & Technology, Ministry of New and Renewable Energy and Ministry of Power.

1. Mission Innovation

i. MI was announced on November 30, 2015 by the leaders of 20 countries that have a shared desire to accelerate global clean energy innovation during COPE 21 in Paris in the presence of Prime Minister Shri Narendra Modi. The ‘Mission Innovation' (MI) is an effort to accelerate public and private global clean energy innovation, including through participating countries doubling their respective clean energy research and development investment.

ii. There is a concerted effort to enhance the pace of innovation and scale of transformation through this clean energy revolution launch to meet the requirement for economic, energy security goals in timely manner.

iii. India is Founding Member of the Steering Committee and also a Member of the two sub-groups: Joint research and Capacity Building and Private Sector Engagement.

iv. During the meeting, India will be announcing its current investment and doubling Plan in Clean Energy Research. Formal announcement on new Joint collaborations with Mission Innovation Countries will also be made by the Minister.

2. Clean Energy

i. The Clean Energy Ministerial (CEM) is a hih-level global forum to share lessons learnt and best practices, and to encourage the transition to a global clean energy economy. Initiatives are based on areas of common interest among participating

Governments and other stakeholders. The CEM is the initiative of the USA. Presently, 23 countries are members of CEM. There are 13 initiatives under CEM covering energy efficiency, clean energy supply and cross cutting areas.                     

ii.  Since its launch in 2010, the Clean Energy Ministerial (CEM) has come a long way. Its various initiatives were instrumental in leading significant collaborative work amongst members in context of clean energy supply, demand side management and relevant cross cutting issues.

iii.  During the 7 th Clean Energy Ministerial the Minister for Science & Technology and Earth Sciences will also launch the Global Cooling Challenge.


POST YOUR COMMENTS
   

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.


Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.