-Statista/ TheWire.in The country has set itself the ambitious target of generating half of its electricity from renewables by 2030. India’s parliament is in the process of passing an energy conservation Bill aimed at boosting the share of renewables in the country while also introducing a carbon trading scheme. The country in June had already set the target of generating half of its electricity from renewables by 2030. The Bill mandates minimum...
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FMCG industry continues to see slowdown; sales volume falls in rural markets in Sept. quarter: report
-PTI/ The Hindu ‘The consumption decline in the rural markets continues to be led by both double-digit price increases and lower unit growth’ The country's FMCG industry continued to witness consumption slowdown in the September quarter, with rural markets registering a higher decline in volumes compared to the three months ended June, says a report. Also, consumers continued to prefer purchasing smaller packets amid companies hiking prices in response to broader inflationary pressures,...
More »Nepal earthquake is a reminder that Uttarakhand is a ticking quake bomb -Tirtho Banerjee
-IndiaToday.in The Wednesday tremor brings to mind the devastating 2015 Nepal earthquake and makes us ponder over the risks ahead. Nepal was rocked by a 6.3 magnitude earthquake in the wee hours of Wednesday, claiming six lives. Tremors were felt across north India, including Delhi, Gurugram, Ghaziabad and Lucknow. The epicenter of the earthquake was in Nepal, about 90 km east-southeast of Pithoragarh in Uttarakhand, said the National Centre for Seismology (NCS). At least...
More »Six years since demonetisation, cash with public at record high of ₹30.88 lakh crore
-PTI/ The Hindu The intent of the move, which was criticised by many experts for poor planning and execution, was to make India a "less cash" economy. Currency with the public has jumped to a new high of ₹30.88 lakh crore as of October 21, illustrating that cash usage is still robust even six years after the demonetisation move. At ₹30.88 lakh crore, the currency with the public is 71.84% higher than the...
More »Over 64,000 people in India die of snakebites each year -Soumyadeep Bhaumik
-The Hindu A vast majority of snakebite deaths globally — up to 64,100 of the 78,600 deaths — occur in India with Uttar Pradesh reporting the highest number of deaths followed by Madhya Pradesh and Rajasthan That snakebite (a neglected tropical disease) is a public health problem in India and many other low- and middle-income countries has been long known. But a global estimate of deaths due to snakebite was not known...
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