-Down to Earth More than half of population without access to banking lives in 7 developing countries: World Bank India is among seven countries home to half the world’s 1.4 billion adults without access to formal banking, a recent World Bank report has flagged. The report also noted that in Sub-Saharan Africa, young adults (ages 15–24) make up almost 40 per cent of those without access to banking. But in some European and...

-The Telegraph Kaushik Basu credits country’s intellectual influx and links its downfall to the practice of hyper-nationalism by junta in 1930s Calcutta: The pursuit of hawkish nationalism is detrimental to the growth of a country’s economy, Kaushik Basu, C. Marks Professor of international studies and professor of economics at Cornell University, said at Para in Purulia on Thursday. “We cannot be hyper-nationalistic…,” Basu said while delivering a lecture on “India’s economy and the...

-The Hindu They write to Prime Minister asking him to renegotiate the draft proposal to waive intellectual property rights on vaccines and highlight the need for active engagement to improve it A group of non governmental organisations has written to Prime Minister Narendra Modi, to prod the Union Commerce Ministry into “proactively engaging” with a draft proposal at the World Trade Organisation-TRIPS in Geneva to waive intellectual property rights, mostly controlled by...

-IndiaToday.in A study published in the prestigious medical journal Lancet has found that some antiviral medications might have the potential to shorten symptoms of monkeypox and reduce the amount of time a patient is contagious. Nearly 20 countries where monkeypox is not endemic have reported outbreaks of the viral disease, with more than 100 confirmed or suspected infections mostly in Europe. The outbreaks are raising alarm because monkeypox, which spreads through close...

-PTI/ The Telegraph 'In the backdrop of Ukraine war, global inflation projected to increase to 6.7% in 2022 with sharp rises in food and energy prices' As the Ukraine conflict impacts the global GDP, India is projected to grow by 6.4 per cent in 2022, slower than the last year's 8.8 per cent but still the fastest-growing major economy, with higher inflationary pressures and uneven recovery of the labour market curbing private...