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The strange case for India's macroeconomic exceptionalism-Shankar Sharma & Devina Mehra

-The Business Standard   The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...

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Renewable energy: Investments decline globally -Ankur Paliwal

-Down to Earth China takes over from Europe as the largest investing region Investment in renewable energy sector is on the decline globally, according to a report. Total investment in renewable power, excluding large hydro-electric projects, fell to $214 billion globally in 2013. This was 14 per cent lower than 2012 and 23 per cent lower than in 2011, says a recently released report titled Global Trends in Renewable Energy Investment in...

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Time running out to meet global warming target: UN report

-Reuters OSLO: World powers are running out of time to slash their use of high-polluting fossil fuels and stay below agreed limits on global warming, a draft UN study to be approved this week shows. Government officials and top climate scientists will meet in Berlin from April 7-12 to review the 29-page draft that also estimates the needed shift to low-carbon energies would cost between two and six percent of world...

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Be selfish—Fight climate change

-Bloomberg Countries should tackle climate change out of self-interest Climate change is already contributing to sea-level rise and flooding. Droughts and storms are growing more intense. Ice caps are melting; snow cover is diminishing. And the ocean is becoming more acidic. These changes threaten human food supplies, even as the global demand for food increases, and the problems can only be expected to worsen in the decades ahead, as will their ripple...

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India ranks 102nd among 132 countries in Social Progress Index 2014

-SocialProgressImperative.org The 2014 Social Progress Index reveals striking differences across countries in their social performance, highlights the very different strengths and weaknesses of individual countries, and provides concrete guidance for national policy agendas. The Index is the sum of three dimensions: Basic Human Needs, Foundations of Wellbeing, and Opportunity. Each dimension is made up of four equally weighted individual components scored on an objective scale from 0-100. This scale is determined by...

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