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The arithmetic for Tamil Nadu as a $1 trillion economy -C Rangarajan and KR Shanmugam

-The Hindu Reaching the target by 2030-31 has to be ruled out, as it requires a nominal annual growth rate of 18.2%; instead, the scenario can be 2033-34, with the required real rate of growth at 9% The Chief Minister of Tamil Nadu has set Tamil Nadu the goal of becoming a trillion dollar economy (by 2030), as he has indicated over the past year. This is a good aspirational goal. Tamil...

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WHO Drew Premature Link Between Gambia Child Deaths, Indian Cough Syrups: Drug Regulator

-PTI/ NDTV.com The DCGI said Gambia has informed, according to media, that there has been no direct causal relation established yet between the cough syrup consumption and the deaths. New Delhi: The WHO drew a premature link between the deaths of children in Gambia and the four India-made cough syrups which adversely impacted the image of the country's pharmaceutical products across the globe, India's drug regulator has told the global health body. In...

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The great gamble on the Russian oil price cap -Prashanth Perumal

-The Hindu The West’s attempt to cut Russia’s oil revenues without drastically affecting global oil supplies may be too fine a balancing act in the longer run The Group of Seven (G7) countries, the European Union and Australia have imposed a price cap on Russian sea-borne oil to make it harder for Russia to fund its war against Ukraine. Under the plan, which took effect on December 5 , Western companies that...

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Melting glaciers threaten China and India’s hydropower ambitions -Alok Gupta

-The Third Pole/ Scroll.in The dams the two countries are relying on may not be able to generate much power if avalanches, landslides and floods continue worsening. As glaciers shrink and monsoon rainfall becomes more unpredictable due to climate change, uncertainty around the viability of hydropower projects in the Hindu Kush Himalayas is increasing. A recent study on the state of a glacier on the southeastern Tibetan Plateau raises questions about the...

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Govt will work to further bring down inflation: Nirmala Sitharaman in Lok Sabha

-PTI/ The Telegraph Experts say a high base of last year and some easing in food prices also worked in favour of the November 2022 wholesale price index The wholesale price-based inflation fell to a 21-month low of 5.85 per cent in November as prices of food, fuel and manufactured items softened. The WPI (wholesale price index) based inflation has been on a declining trend since May and came down to single digit...

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