-TheQuint.com A new IPCC report wants the world to decarbonise. Sri Lanka was doing just that, albeit with shoddy planning. Yet another IPCC report is out that warns of dire consequences if the world doesn’t course-correct and pursue a low-carbon pathway. This means drastically cutting our dependence on fossil fuels, among a string of other hard-hitting measures. One country did try that by announcing a Ban on chemical-based farming and its decision...
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Conflicting economic, strategic interests loom over RBI’s Monetary Policy Committee meeting -Mitali Mukherjee
-Scroll.in Warming up to Russia may help as growth forecasts have been cut and fuel prices are rising but could sabotage the tightrope New Delhi is walking with the West. The Reserve Bank of India’s Monetary Policy Committee meeting will kick off on April 6. Much has happened on the politico-economic landscape since the central Bank last met and spoke. For starters, growth targets are seeing some salami-slicing of their own. On...
More »Pradeep Multani, president of the PHD Chamber of Commerce and Industry, interviewed by Kaushal Shroff (TheWire.in)
-TheWire.in Pradeep Multani, president of the PHD Chamber of Commerce and Industry, talks about how the shortage of raw materials and high input prices are posing a challenge to small businesses in India. Mumbai: Inflation pressures are looming ominously on the Indian business horizon. While the margins of large domestic and multinational corporations have come under pressure, they still have the balance sheet heft to absorb raw material price shocks and the...
More »ICICI Bank official summoned as COVID orphans face eviction over loan dues -Jagriti Chandra
-The Hindu The National Commission for Protection of Child Rights issues notice to official as Bank moves to attach house The National Commission for Protection of Child Rights (NCPCR) has issued summons to a senior official at ICICI Bank as four children stare at the possibility of losing their home over repayment of a loan taken by their parents, both of whom died last year during the second wave of the pandemic. “The...
More »Pakistan and Sri Lanka face political turmoil fueled by Chinese debt -Shishir Gupta
-Hindustan Times It is the unfolding crisis in Pakistan and Sri Lanka which is forcing countries like Maldives, Nepal and Bangladesh to think again on Chinese infrastructure loans and being part of the BRI initiative. During his trip to India last week, Nepal Prime Minister Sher Bahadur Deuba informally shared a conversation about Chinese foreign minister Wang Yi’s visit to Kathmandu in late March. The Nepalese PM, who has an equally political...
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