-The Telegraph The world's 197 nations have finalised a landmark pact in Rwanda's Kigali to combat global warming by phasing out industrial gases called hydrofluorocarbons (HFCs) currently used in air-conditioners and refrigerators. The Kigali agreement gives India 10 years to prepare its industry to shift from HFCs to alternatives that are now expensive and could mean higher prices for consumers. "We were flexible, accommodative and ambitious," Union environment minister Anil Madhav Dave said...

-Livemint.com A World Bank report cautions that the urban poor will bear the brunt of losses if cities don’t become more resilient to natural disasters, shocks, and stresses New Delhi: By 2030, without significant investment into making cities more resilient, climate change may push up to 77 million more urban residents into poverty, said a new report released by the World Bank on Wednesday. The report ‘Investing in Urban Resilience’ by the World...

-PTI Collections of indirect taxes during the first half of the current financial year grew by 25.9 per cent to Rs 4.08 lakh crore, mainly on account of a 46 per cent jump in excise duty collections. The net indirect-tax collection in the April-September period is 52.5 per cent of the Budget 2016-17 estimates. The Finance ministry said net collections of central excise jumped 46.3 per cent to Rs 1.83 lakh crore during...

-The Indian Express The committee is meant to screen applications and shortlist institutions that deserve the world-class status. New Delhi: The Human Resource Development Ministry has tweaked the UGC regulations for setting up 20 world-class institutions, just weeks after the proposal hit a roadblock with the Solicitor General of India objecting to the unlimited powers of the proposed empowered experts committee. The committee is meant to screen applications and shortlist institutions that...

-Business Standard Exemptions granted on agri income and subsidies provided by the Centre and states are being cornered by big farmers and corporates The Comptroller and auditor general’s proposed audit of exemptions granted to big corporates, companies and even farmers under the head of agriculture incomes has once again rekindled the debate as to whether farm incomes derived from big companies and large farmers should be taxed. According to an analysis done by...