It is evident from various studies (please click here, here and here to access) that emission of Greenhouse Gases (GHGs) by the developed as well as the developing countries is responsible for climate change, thus causing extreme weather events to occur, with much more ferocity than in the past. The negative impact of climate change may or may not be felt in the geographical location where historically emission has taken...
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Opposition seeks answers to questions on economy from Centre
-The Telegraph Corporate tax contributes 8 percentage points less to the gross tax revenue now than it did in 2014 when the Modi government took over, says P Chidambaram New Delhi: The Opposition on Monday sought answers to fundamental questions on the economy that finance minister Nirmala Sitharaman has strenuously asserted is the fastest growing in the world. Corporate tax, paid by business houses, contributes 8 percentage points less to the gross tax...
More »Global economy to feel the heat of monetary policy tightening: RBI Bulletin -Manish M Suvarna
-Moneycontrol.com Globally, central banks have been increasing interest rates to fight inflation. The global economy will bear the brunt of past monetary policy actions in 2023, the Reserve Bank of India (RBI) monthly bulletin said on December 20. "Emerging market economies (EMEs) appear even more vulnerable, having battled currency depreciations and capital outflows in addition to slowing growth and high inflation," Bulletin said. Globally, central banks have been increasing interest rates to fight inflation. RBI...
More »Jobless Numbers Are Touching 5 Crore -Subodh Varma
-Newsclick.in Labour force has still not recovered to pre-pandemic levels, according to CMIE. Latest estimates put the number of unemployed in India at over 5 crore. This is just short of the heights reached during 2020, the first year of the pandemic, which saw recurring lockdowns and a shutdown of the economy. These estimates, made by the Centre for Monitoring Indian economy (CMIE), are drawn from periodic sample surveys carried out by...
More »India’s transition to electric mobility will be faster, say experts -Aroosa Ahmed
-The Hindu Business Line The Govt has a target of 30% EV penetration in private cars, 70% for commercial vehicles, and 80% for two and three-wheelers by 2030 for the automobile industry India’s transition to electric mobility will be faster as automobile companies are making big-ticket investments in the development of infrastructure to facilitate electric vehicle penetration in the country, according to industry experts. The Union Government has a target of 30 per...
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