-TheWire.in * As of last year, financial institutions from India were the third-largest investors out of six countries financing 80% of the world’s coal investments. * A 2021 report found that ICICI, the State Bank of India, Axis Bank, Trust Group and HDFC were among the fourth-biggest group of financiers of coal-based projects worldwide. * Indian commercial banks’ large-scale investment in Big Infra has exposed the Indian people’s savings and personal investments to...
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Three charts which explain the state of the Indian economy -Roshan Kishore
-Hindustan Times Are the June 2022 GDP numbers good or bad? What do they mean for economic growth over the rest of the fiscal year? What is the current state of economic momentum in the Indian economy? What about the nature of economic recovery? The Indian economy grew at 13.5% on a year-on-year basis in the quarter ending June 2022. While the headline number looks good, and is the fastest rate since...
More »Maharashtra, Andhra, Gujarat top states in implementing Poshan Abhiyaan scheme: NITI Aayog report
-PTI/ The New Indian Express The report titled 'Preserving Progress on Nutrition in India: Poshan Abhiyan in Pandemic Times' further said that 12 out of 19 large states had an implementation score of over 70 per cent. NEW DELHI: Maharashtra, Andhra Pradesh and Gujarat have been ranked as the top three states among larger states in terms of the overall implementation of the Centre's flagship Poshan Abhiyaan, according to a Niti Aayog...
More »Concessional customs duty on imported edible oil extended till March -Gireesh Chandra Prasad
-Livemint.com The government had in October 2021 announced concessional import duty on crude soybean oil, crude palm oil and crude sunflower oil till March 2022, which was once extended till end of September. This has now again been extended till next March, as per the order. NEW DELHI: The finance ministry has extended concessional basic customs duty and agriculture and infrastructure development cess applicable on edible oils by six months till end...
More »How water shapes India and why we need a paradigm shift in managing our priceless liquid assets -Esha Zaveri
-Scroll.in The increasing variability of water can weigh heavily on communities and represents a significant risk facing Indian farms, firms, and families. Rain, rivers, coasts, and seas have shaped our societies from the earliest days. Tales from classical antiquity to the Abrahamic religions to ancient Mesopotamia speak of how water changed the course of history. In India, the “crucible of the monsoon,” the annual drama of the moisture-carrying winds that bring 80% of...
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