-PTI/ Livemint.com Nomura expects India's fiscal deficit to come at 6.5 per cent as against the earlier expectation of 6.2 per cent and underlined that it will still be lower than the budgeted 6.8 per cent target The excise duty cuts on diesel and petrol will cost ₹45,000 crore and lead to a 0.3 percentage point widening on the Centre's fiscal deficit, a foreign brokerage said on Thursday. Going by the overall consumption,...
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India’s Coal Crisis -CP Chandrasekhar
-NetworkIdeas.org In recent weeks the media have featured stories bordering on the alarmist about a coal shortage in India. Coal inventories with thermal power plants had fallen to levels at which major country-wide power outages seemed inevitable. Fortunately, that has not (as yet) materialized, but it is indeed true that coal inventories with the power producers did collapse from the equivalent of around 30 days requirement to that for a couple...
More »India staying out of major climate pledges at COP26: Officials argue varied reasons -Subhayan Chakraborty
-MoneyControl.com While India has been one of the earliest and key signatories of multiple global environmental agreements, it has given a wide berth to three major initiatives. Officials tell Moneycontrol why that's been the case. Despite surprising large segments of the global community and climate experts by announcing major commitments, India has till now stayed away from all the major pledges at the COP26 climate summit in Glasgow. Early on Thursday, the UK...
More »Centre flags rise in number of COVID-19 cases
-PTI/ The Hindu Health Ministry writes to Himachal Pradesh, Andhra Pradesh and Jammu and Kashmir The Union Health Ministry on Wednesday asked Himachal Pradesh, Andhra Pradesh and Jammu and Kashmir to undertake a review of the rising COVID-19 case numbers and weekly positivity rates, and enhance testing. In letters to the Himachal Pradesh Health Secretary, Andhra Pradesh Principal Secretary of Health and the Jammu and Kashmir Additional Chief Secretary of Health, Arti Ahuja,...
More »TRIPS Waiver Proposal: Big Pharma Steering Discourse Away From Patent Monopoly -Richa Chintan
-newsclick.in It appears the stage is being set to scuttle India and South Africa’s IP waiver proposal with regard to Covid vaccines and technology ahead of the 12th WTO Ministerial this month-end. At various global fora, Big Pharma and rich countries have been steadfastly pushing the focus toward supply-side bottlenecks of vaccines and unequal distribution of doses in a bid to steer the discourse away from the more contentious issue of patents...
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