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India can exceed its climate goals while maintaining GDP of 6-7%: report -Mayank Aggarwal

-Livemint.com India can meet its national climate change goals promised under the Paris Climate Agreement, says report by World Resources Institute and Open Climate Network New Delhi: Not only can India meet its national climate change goals promised under the Paris Climate Agreement, but can potentially exceed them while maintaining an annual gross domestic product (GDP) growth of 6-7%, said a new report released on Wednesday. The report, “Pathways For Meeting India’s Climate...

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Income inequality in India worsens, but slower than Russia and China: report -Gireesh Chandra Prasad

-Livemint.com Income inequality in India has risen over the last three decades and a half with the top 10% of earners cornering 55% of the national income in 2016, says report New Delhi: Income inequality in India has worsened over the past three-and-a-half decades and the top 10% of earners now corner more than half of the country’s national income in 2016. Their share was 30% of the national income in 1980,...

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Retail inflation surges to 15-month high of 4.88% on food price, breaches RBI target

-The Times of India NEW DELHI: Consumer price inflation (CPI), or retail inflation as it is better known, for the month of November stood at 4.88 per cent with comparison to 3.63 per cent during the corresponding period last year. The government data revealed on Tuesday shows that the inflation rate has surged to 15-month high. The previous high was recorded at 5.05 per cent in August last year. November's inflation numbers...

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FRDI Bill: Understanding the basis of bail-in, and depositors' fear -Shaji Vikraman

-The Indian Express As the government tries to allay swirling apprehensions, The Indian Express explains the background, aims and rationale of the proposed new FRDI law. Some provisions of The Financial Resolution and Deposit Insurance Bill, 2017, popularly referred to as the FRDI Bill, which was tabled in Parliament this August, have given rise to concerns over protection for bank deposits in the proposed law. An online petition against the Bill — “Do not...

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For India, the fight at WTO will be about food security -Sachin Kumar Jain

-Down to Earth India needs to find a permanent solution to the problem of public stock holding, as it is a matter of survival for hundreds of millions people During the negotiations for WTO Agreement on Agriculture in 2001, India raised concerns over food security and flexibility that developing nations must have when it comes to providing subsidies to key farm inputs. Seventeen years have passed since then and countries like...

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