-Hindustan Times IPCC co-chair Hans-Otto Pörtner said only a massive mobilisation towards transformation of energy use, industry, infrastructure, society and how we deal with ecosystems will keep that limit within reach New Delhi: The 1.5 degree C threshold for global warming, the redline as far as the climate crisis is concerned, may be breached as early as the end of the current decade, two Intergovernmental Panel on Climate Change’s co-chairs said. Hans-Otto Pörtner,...
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Fact check: Union minister’s claim of 15-16 lakh jobs being created every month is inaccurate -Divyani Dubey & Nidhi Jacob
-Scroll.in Ashwini Vaishnaw based his remarks on EPFO data, which experts say does not present a true picture since a bulk of the employment in the country is informal. Union Minister for Railways, Communications, Electronics and Information Technology Ashwini Vaishnaw on November 24 used the Employees’ Provident Fund Organisation, or EPFO, payroll statistics to claim that an average of about 15-16 lakh jobs are being generated by the Union government every month....
More »Number Theory: The state of the Indian economy in four charts -Roshan Kishore
-Hindustan Times What do the latest numbers, analyst forecasts, and high-frequency data tell us about the state of Indian economy? The National Statistical Office (NSO) released GDP numbers for the quarter ending September 2022 on November 30. GDP growth for the second quarter is 6.3%, which is exactly what the Monetary Policy Committee (MPC) of the RBI projected in its September resolution. What do the latest numbers, analyst forecasts, and high-frequency data...
More »RBI reluctant to hand out NBFC licence to fintechs -Hamsini Karthik
-The Hindu Business Line PhonePe - ZestMoney deal to set precedence for fintechs to explore backdoor entry into the lending business Despite three months of engagement and continued discussions with the banking regulator, fintechs may not have cracked the code yet to operate as non-bank lenders. Highly placed sources say the Reserve Bank of India is reluctant to issue non-bank finance company or NBFC licences to fintechs. PhonePe, Razorpay, BharatPe, Khatabook, OkCredit and...
More »TN Planning Commission Study -Divya Chandrababu
-Hindustan Times The survey picked Nagapattinam, Madurai and Tiruppur specifically to see how it benefits women in various sectors, such as agriculture, trade and industry. The survey was conducted in August with more than a 1000 frequent travellers and a report was released by the government on Saturday Chennai: A survey by Tamil Nadu’s planning commission has revealed that the government’s flagship scheme providing free bus travel for women in state-owned buses...
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