-The Hindu Leaders should act on the climate crisis with the same alacrity they have shown towards COVID-19 Two interrelated curves began their upward trend two centuries ago with the advent of the industrial age. The first curve was the atmospheric concentration of carbon dioxide (or, more generally, all greenhouse gases, GHGs) and the second was the average global temperature curve. An upward trend Actually, the CO2 curve began its upward march about 18,000...
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Big beneficiaries of Tranche IV stimulus: Adani, Vedanta, Tata Power, Anil Ambani's Reliance -Nevin John
-BusinessToday.in Finance Minister Nirmala Sitharaman's reform announcements related to coal, aviation, power sectors will suit these players * Adani Power, Tata Power, JSW Energy, Reliance Power will lock horns in the bid for thermal coal blocks * Existing captive users like Tata Power, Reliance Power, Tata Steel must bid at regular intervals to retain mining licence * Adani Enterprises Ltd had recently emerged as the highest bidder for six airports * Adani bought the Mumbai...
More »Unsustainable food & land use can cost us a lot in the future, says new report
-Press release by Food and Land Use Coalition dated 10 January 2020 India can ensure healthy diets for its growing population, improve livelihoods and plug waste by adopting better food and land use practices New Delhi, January 10, 2020 – With a population projected to reach 1.5 billion people by 2030, and climate risks threatening food security, livelihoods, water supply and human health, India needs to urgently shift to sustainable food...
More »Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
More »Why India's mega bank mergers move may not yield the desired results -Mythili Bhusnurmath
-The Economic Times Government’s forced mega merger of public sector banks could scupper economic recovery. I am not saying we maintain a Panglossian countenance, that we smile away every difficulty. But, in any real economy, the mood is very important,’ observed Reserve Bank of India governor Shaktikanta Das, speaking at an event in Mumbai late August. Sound advice. Sentiment matters. Irrational despondency can be as damaging for the economy as ‘irrational exuberance’. But...
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