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Unease of doing business makes $26-billion US giant Flex look out of India

-The Economic Times Last year, India jumped 30 places ahead in World Bank's Ease of Doing Business rankings, powered by numerous reforms introduced by the government. Even though the government is focused on making India an attractive destination for foreign companies, the situation on the ground may not be as 'easy' as it seems. Caught in red tape, an American manufacturing giant has threatened to leave India for Malaysia. The $26-billion Flex,...

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Natural disasters cost India $80 billion in 20 years: UN report -Pradeep Thakur

-The Times of India NEW DELHI: Climate change is making development highly risky, particularly in lower-middle income countries like India. A study released by the UN office for Disaster Risk Reduction (UNISDR) on Wednesday said India suffered economic losses of $80 billion during the 20-year period of 1998 to 2017. India has been ranked among world's top five countries in absolute economic losses. Globally, disaster losses during this period have been estimated...

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India ranks 147th in Oxfam world inequality index

-PTI Ranks among bottom 10 countries London: India has been ranked among the bottom 10 countries in a new worldwide index released on Tuesday on the commitment of different nations to reduce inequalities in their populations. UK-based charity Oxfam International’s ‘Commitment to Reducing Inequality (CRI) Index’ ranks India 147th among 157 countries analysed, describing the country’s commitment to reducing inequality as a “a very worrying situation” given that it is home to 1.3...

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Farm policy will be in sync with global rules: India to WTO -Kirtika Suneja

-The Economic Times NEW DELHI: India has informed the World Trade Organization (WTO) that its proposed national agriculture export policy would be consistent with global trade rules. In a meeting held last week to review farm policies of various countries, India’s proposed policy drew attention owing to concerns over its potential impact on global markets. The policy aims to do away with restrictions such as minimum export prices or outright bans as...

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Wetlands disappear faster than forests

-Deccan Chronicle Critical to human life as they provide all of world’s freshwater. Kochi: Wetlands, the most economically valuable and among the most biodiverse ecosystems in the world, are disappearing three times faster than forests. A new report by the Ramsar Convention on Wetlands warned of severe consequences for the future unless urgent action is taken to ensure their survival. Approximately 35 per cent of the world’s wetlands were lost between 1970-2015 with...

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