-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...

-Press release by UNICEF dated 23 June, 2022 COVID-19 worsens global learning crisis, risking $21 trillion in lifetime earnings WASHINGTON: As a result of the worst shock to education and learning in recorded history, learning poverty has increased by a third in low- and middle-income countries, with an estimated 70 per cent of 10-year-olds unable to understand a simple written text, according to a new report published today by the World Bank,...

-The Hindu Business Line Limited charging infrastructure, lack of interoperability services and inadequate access to affordable finance must be addressed Russia’s war on Ukraine has had a devastating impact on the global economy. It has triggered an unprecedented energy crisis as prices of commodities such as coal, natural gas and crude oil have skyrocketed. With oil above $100 a barrel, policymakers in the country are faced with two questions: How to keep...

-Hindustan Times According to the revised norms, coal mines with environmental clearances to expand by 40%, can now expand by up to 50% without any environment impact assessment or public consultation The Union environment ministry has relaxed the mandatory compliance norms for coal mining expansion projects citing higher demand for coal amid an ongoing power crisis -- a move that has been criticised by environmentalists, especially since the coal ministry has said...

-Newsclick.in Production has dipped for the first time in the Modi era and procurement has plummeted, bringing wheat stocks down and affecting foodgrain-based schemes. The Narendra Modi-led Central government is going to be confronted with a crisis that it has never faced yet – shortage of wheat, one of India’s key staples. The worry about this looming cloud is aggravated by the fact that the Modi government has not been particularly successful...