-The Independent The impact of climate change could increase the price of breakfast cereal and other household foods, a report by Oxfam has claimed, which found Kellogg and Nestle are among the world's 'Big 10' food and drink companies who emit more greenhouses gases than Nordic countries combined. In their report, Oxfam called on the major food and drink companies to do more to tackle climate change after it found that...
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Finance, fertilizers and petroleum ministries to seek subsidy cuts-Sidhartha
-The Times of India NEW DELHI: A swathe of ministries - from finance to fertilizer and petroleum - are going to make a case for a reduction in subsidies before Narendra Modi, a move that will push up your monthly expenditure but is expected to help the government cut wasteful spending and revive investment. Sources said the three ministries are identifying subsidies as a key constraint in their presentations that secretaries will make...
More »World economy to strengthen as job growth remains ‘stubborn’ –UN report
-The United Nations The global economy is expected to strengthen over the next two years, despite a downgrade of growth prospects for some developing countries and transition economies, and "stubbornly slow" job growth, according to the United Nations World Economic Situation and Prospects 2014 mid-year update launched today in New York. "More than five years after the financial crisis, the world continues to struggle with getting the global economic engine back to...
More »101 suicides in two months; is Marathwada the new Vidarbha? -Aparna Pallavi
-Down to Earth Most suicides among orchard farmers, say observers As many as 101 farmers have committed suicide in the Marathwada region of Maharashtra since the devastating hailstorms in March this year. This sudden spurt of suicides has raised concerns as to whether this arid region is heading for an agrarian crisis similar to that of Vidarbha. A whopping 71 suicides have been reported in the month of March 2014, close on the...
More »Centre must invest $834bn to reduce carbon footprint: Panel
-The Times of India NEW DELHI: An expert group of Planning Commission has pitched for major investments to reduce country's carbon footprint, saying India needs to invest $834 billion in nearly two decades to be firmly on low carbon and environment-friendly growth trajectory. It also stressed on use of renewable energy resources in big way, saying at least one third of power generation by 2030 must be fossil-fuel free. The group,...
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