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Sri Lanka caught in a 'strategic debt trap', faces worst economic crisis

-ANI/ Business Standard Sri Lanka, a flourishing island nation of 22 million, has finally fallen to China's debt-trap diplomacy. As Sri Lanka faces its worst economic crisis in decades and struggles to pay loans, China turns a blind eye after ensnaring the island nation into a debt trap. Sri Lanka is now facing the worst economic crisis since gaining independence in 1948. The recession is attributed to foreign exchange shortages caused by the...

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Sri Lanka Faces Food Crisis – No, It’s Not Due to Organic Farming -Bahar Dutt

-TheQuint.com A new IPCC report wants the world to decarbonise. Sri Lanka was doing just that, albeit with shoddy planning. Yet another IPCC report is out that warns of dire consequences if the world doesn’t course-correct and pursue a low-carbon pathway. This means drastically cutting our dependence on fossil fuels, among a string of other hard-hitting measures. One country did try that by announcing a ban on chemical-based farming and its decision...

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Pradeep Multani, president of the PHD Chamber of Commerce and Industry, interviewed by Kaushal Shroff (TheWire.in)

-TheWire.in Pradeep Multani, president of the PHD Chamber of Commerce and Industry, talks about how the shortage of raw materials and high input prices are posing a challenge to small businesses in India. Mumbai: Inflation pressures are looming ominously on the Indian business horizon. While the margins of large domestic and multinational corporations have come under pressure, they still have the balance sheet heft to absorb raw material price shocks and the...

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Magical mushroom: Scaling up Ganoderma lucidum cultivation will benefit farmers, users -Arvind Bijalwan and Kalpana Bahuguna

-Down to Earth Ganoderma lucidum has over 400 chemical constituents with medicinal properties Ganoderma lucidum is a medicinal mushroom in use for centuries to heal diseases like diabetes, cancer, inflammation, ulcer as well as bacterial and skin infections. In India, however, the potential of the fungus is still being explored.  It is considered one of the most important medicinal mushrooms in the world since its chemical constituents exhibit numerous medicinal properties. They have...

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Six takeaways from IPCC AR6 Report: Long-term benefits of cutting emissions today outweigh costs -Avantika Goswami

-Down to Earth The report provides an exhaustive list of solutions across the energy, buildings, transport, land and industrial sectors which show that it is possible to cut emissions quickly and cheaply The United Nations’ climate science body, the Intergovernmental Panel on Climate Change (IPCC) published the third instalment of its Sixth Assessment Report (AR6) April 4, 2022. The report prepared by the IPCC Working Group III (WG-III) focuses on the mitigation...

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