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india refutes allegations on ‘weakening’ Glasgow climate pact -Jacob Koshy and Suhasini Haidar

-The Hindu “Merely read out a ‘consensus’ statement on the final day of the COP conference’ Rebutting allegations that it had weakened the Glasgow climate pact by having the final text of the agreement read that coal would be “phased down” instead of “phased out,” indian officials said it had merely read out a ‘consensus’ statement agreed to by all countries on the final day of the COP conference. india, the U.S., and...

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Colossal notes ban failure buried in silence -TM Thomas Isaac

-The New indian Express Having brought this economic disaster on the country, there was not a single statement of regret, introspection or even justification from the powers that be Demonetisation will go down in indian economic history as one of the greatest policy blunders. In the two quarters prior to the ban on high denomination rupee notes, the indian economy had registered around 9% growth. Since then, the growth steadily decelerated and...

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india resists rich nations’ attempt to ‘divide’ developing nations, LDCs -Amiti Sen

-The Hindu Business Line Against postponing resolution and plans to expand provisions for LDCs alone india is resisting attempts by developed nations to “draw a wedge” between developing countries and LDCs in the ongoing negotiations for subsidising public stockholding programmes at the WTO, under the garb of offering an early resolution, and has asked poorer nations not to fall into the trap. “At the WTO agriculture committee on Monday, some developed nations, such...

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Chhattisgarh Government Is Taking Back Covid Incentives Paid To Mitanins -Eisha Hussain

-Behanbox.com New Delhi: Usha Sahu, 45, a Mitanin trainer from Bemetara district in central Chhattisgarh was in for a  shock when she checked her bank account in October. The bank had deducted Rs 2000 from the 4,000 rupees that she received as a special incentive for the Covid-19 duties for the months of April to September, 2021. “When the other Mitanins in the block started complaining about the deduction, I checked my...

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Five years of demonetisation: Black Money deals down 75-80%; sales outstrip new supply

-MoneyControl.com In post-DeMo Q4 2016-Q3 2021, sales of approximately 10.37 lakh units outstripped new launches that were at approximately 9.04 lakh units Cash transactions in the housing market have reduced by at least 75-80 percent since demonetisation five years ago. Buyers no longer buy homes to get rid of black money - they now buy them because they want to own homes. But the component is still finding its way into property...

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