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Russia-Ukraine crisis: India economy to be among worst hit in Asia: Nomura -Puneet Wadhwa

-Business Standard A sustained rise in oil, food prices would have adverse impacts on Asia's economies. India, Thailand and the Philippines are the biggest losers, while Indonesia would be a relative gainer, Nomura said The ongoing geopolitical crisis between Russia and Ukraine will impact Asian economies, but the impact will be polarized across the region, said analysts at Nomura in a recent report. The negative impact on Asia, they believe, is predominantly...

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A Pandemic and a Union Budget: A Study in Three Acts -Suyash Rai

-TheWire.in How did the onset of the pandemic affect already-struggling budget management, how did the second wave affect the measures taken in Budget 2021-22 and what should we look for in the upcoming Budget? The latest estimates suggest that India’s economic output in 2021-22 is likely to, once again, reach the level it was at in 2019-20. If this happens, the pandemic would have delayed India’s journey to prosperity by two years....

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India Ranks 85th Among 180 Countries In Global Corruption Index: Report

-PTI/ NDTV.com Except Bhutan, all of India's neighbours are ranked below it. Pakistan dropped 16 spots in the index and was ranked at 140. New Delhi: India's rank improved one place to 85 among 180 countries in a corruption perception index (CPI) of 2021, according to a new report by Transparency International which, however, raised concern over the country's democratic status. The index, which ranks 180 countries and territories by their perceived levels...

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Home truths on climate change -Brinda Karat

-The Hindu There is a gap between what the goverment says on the international stage and what it does at home At the 26th session of the Conference of the Parties (COP26) to the UN Framework Convention on Climate Change, the developed countries, which continue to be the most responsible for the destruction of the biosphere, resorted to their usual tactics of bullying the less developed world to accept higher targets for...

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India more vulnerable to heat extremes: Lancet report

-The Hindu The ‘Lancet Countdown on Health and Climate Change’ notes that 295 billion hours of potential work were lost across the globe in 2020 due to heat exposure. India has become 15% more vulnerable to extremes of heat than in 1990, according to ‘the Lancet Countdown on Health and Climate Change’, a flagship report of the medical journal The Lancet that provides periodic updates on the scientific literature on the relationship...

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