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Satellite images show how Hyderabad lakes have shrunk by upto 83% since 1967 -Nitin B

-TheNewsMinute.com TNM looks at five water bodies in Hyderabad — Durgam Cheruvu, Gurram Cheruvu, Mir Alam Tank, Shah Hatim talab and the Ramanthapur Cheruvu and how they have shrunk over the years. This story is among several stories from TNM that will highlight the inundation, flooding and other consequences of heavy rains in Hyderabad. TNM hopes to draw attention to these issues, which have now become perennial in many areas of the...

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India more vulnerable to heat extremes: Lancet report

-The Hindu The ‘Lancet Countdown on Health and Climate Change’ notes that 295 billion hours of potential work were lost across the globe in 2020 due to heat exposure. India has become 15% more vulnerable to extremes of heat than in 1990, according to ‘the Lancet Countdown on Health and Climate Change’, a flagship report of the medical journal The Lancet that provides periodic updates on the scientific literature on the relationship...

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Imports from China: After over a year, has call for boycott of Chinese goods fizzled out for MSMEs? -Sandeep Soni

-Financial Express Trade, import, and exports for MSMEs: Imports from China were up 51.5 per cent from $45.17 billion during the first nine-month period of 2020 to $68.46 billion for the corresponding period of 2021. Trade, import, and exports for MSMEs: China has managed to remain too competitive to be ignored by Indian MSME and other manufacturers for importing goods despite the anti-China sentiment that gained ground last year post border clash...

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Parameters of climate finance and technology transfer remain undefined: FM Nirmala Sitharaman -Sriram Lakshman

-The Hindu Developed countries have committed under the Paris Agreement to allocate $ 100 billion per year from 2020 onwards to facilitate emission cuts in poorer countries and also to effect technology transfer in this context. Questions around how the $100 billion yearly commitment towards climate finance will be measured, and related technology transfer accounted for, remain unanswered, Union Finance Minister Nirmala Sitharaman said at the conclusion of the Washington DC leg...

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What the global minimum tax deal means for India -Jagadish Shettigar and Pooja Misra

-Livemint.com The finance ministers of G-20 countries are scheduled to meet today in Washington to discuss the global minimum tax of 15% for multinational enterprises. Mint looks at the global minimum tax and its implications. * What is the global minimum tax? Last week, the Organization for Economic Co-operation and Development (OECD) finalized a landmark agreement to subject multinational enterprises (MNEs) to a minimum 15% tax from 2023. A total of 136 countries,...

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