India Inc on Thursday pitched for lowering income tax burden on common man, increase in capital expenditure, and firm steps to contain food inflation in their nearly two-hour long interaction with finance minister Nirmala Shitharaman ahead of the Union Budget. During pre-Budget consultation with Sitharaman, the industry leaders and associations also urged the government to focus more on infrastructure development with a view to maintaining the economic growth momentum. The industry leaders also laid stress on boosting the MSME (micro, small, and medium enterprises) sector, considered a backbone of the Indian economy and main employment generator.
'To keep the next catastrophe at bay, a carbon free economy will be an imperative. 'Our 2000 cc internal combustion engine powered personal cars and public transport may have to give way to electric and hydrogen powered fuel cells. 'The oil refineries which were so much part of my professional life may have to be dismantled and trees planted in its place. 'The smokestacks, which once upon a time represented growth and prosperity, will now be gory symbols of a polluting past,' notes former Hindustan Petroleum chairman Arun Balakrishnan.
The camaraderie between Royal Challengers Bangalore Captain Faf du Plessis, Virat Kohli and Mrs Kohli is not limited to just spending time together. The trio also share inside jokes, indicating a deep friendship.
The Kumbh Mela is what it is because of the devotion of millions who make it an experience like no other. It is experiencing the heart and soul of India and the brotherhood of mankind.
India has said a lasting deal at the climate summit this year will not be achieved by passing the burden of action onto the shoulders of developing countries.
A proposal by the US and its allies asking developing countries to equally contribute towards global climate finance has irked developing countries at the Paris meet.
In his final State Of The Union Address, US President Barack Obama touched on gun control, the economy and climate change in the speech.
If given a chance, Yugaratna wants to tell US President Obama, who is also her role model, how much children and youth all over the world are gearing for a better environment and how energetic they are.
The equity market's recent downturn appears unlikely to slow the brisk pace of mutual fund (MF) scheme launches, at least in the coming weeks. Last month, fund houses introduced 21 new equity schemes, with another five launches already lined up for November. The number of filing with markets regulator, Securities and Exchange Board of India (Sebi), suggests this momentum will continue with asset management companies (AMCs) seeking approval for 21 more equity schemes in October.
The analysis revealed abrupt changes in temperatures occurring in late winter across north India.
Between 2001 and 2022, it said, forests in India emitted 51 million tons of carbon dioxide equivalent a year and removed 141 million tons of carbon dioxide equivalent a year. This represents a net carbon sink of 89.9 million tons of carbon dioxide equivalent a year.
Prime Minister Narendra Modi on Tuesday launched 35 crop varieties with special traits -- developed by the Indian Council of Agricultural Research (ICAR) -- to address the twin challenges of climate change and malnutrition. The new crop varieties were dedicated to the nation through a video conference organised at all ICAR institutes, state and central agricultural universities and Krishi Vighyan Kendra. According to the PMO, 35 crop varieties with special traits like climate resilience and higher nutrient-content have been developed in 2021.
'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'
Here is the complete list of ministers in Modi 3.0 and their portfolios:
Temperatures remained above 45 degrees Celsius in large parts of Rajasthan, Haryana, Delhi, Chandigarh and Uttar Pradesh, affecting daily life as many chose to remain indoors in the afternoon.
The climate conference on Saturday came out with an ambitious final draft that will commit USD 100 billion a year from 2020 to help developing countries.
Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced technologies like autonomous driving, vehicle intelligence, connected features and electrification are quickly gaining traction -- will be reflected in the upcoming Bharat Mobility Global Expo in which India's flagship Auto Expo has been clubbed to be held from January 17-22, 2025 in Delhi-NCR.
Even as world leaders continue to debate, climate change activists took to the streets of Glasgow for the Global Day of Action for Climate Justice march.
Billionaire philanthropist George Soros believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government -- a statement which was strongly countered by BJP as an attack on Indian democracy.
The top court took note of the submission that the definition of forest under the 2023 amended law on conservation leaves out nearly 1.99 lakh sq km of forest land from the ambit of 'forest' which can be used for other purposes.
With 'Indian Prime Minister Manmohan Singh on his way to the airport' and the 'Chinese skipping negotiations', US President Barack Obama said on Thursday the Copenhagen Climate Change Summit was on the brink of a complete collapse, before he decided to take a chance to give it a final push.
'It will be important strategically and geographically because there is no port in India which is as close to the international shipping route as Vizhinjam.'
Temperatures in 17 locations breached 48 degrees Celsius on Monday, with the relentless heat affecting health and livelihoods across large parts of northwestern and central India.
The Mungeshpur weather station recorded a high of 48.8 degrees Celsius, eight notches above the normal. It recorded a minimum temperature of 27.6 degrees Celsius, a notch above the season's average.
The Royal Swedish Academy of Sciences on Monday has decided to award the 2024 Nobel Prize also known as the Sveriges Riksbank Prize in Economic Sciences to Daron Acemoglu, Simon Johnson and James A. Robinson "for studies of how institutions are formed and affect prosperity."
'Good to meet US Secretary of State @SecBlinken today. I welcome President Biden's strong commitment to strengthen the India-US Strategic Partnership, which is anchored in our shared democratic values and is a force for global good,' Modi tweeted.
The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high crude oil prices and increased uncertainty due climate changes, NITI Aayog member Arvind Virmani said on Thursday. Virmani also asserted that the gross household savings ratio in India has consistently gone up. In an interview with PTI, he said: "My growth projection (of India's GDP growth) is 6.5 per cent plus minus 0.5 per cent... because my experience is that the fluctuations in global GDP more or less has balanced out for us, assuming normal changes."
A group of 91 retired bureaucrats has appealed to the Centre to withdraw the Green Credits programme, which they claimed may facilitate diversion of forest land to private entities. "Quick, smooth and easy diversion of our forest lands in favour of user agencies is apparently the sole intention of this set of Green Credits rules. "We urge the MOEFCC to recognise this danger and withdraw the Green Credits notification expeditiously," the group of former civil servants wrote in an open letter to the Ministry of Environment, Forest and Climate Change (MoEFCC).
Social entrepreneurship is expected to be the next big thing to influence India as the country juggles to achieve a balance between a growing GDP growth, ensuring inclusive growth and attempting to address issues ranging from education, energy efficiency to climate change.
Cummins, in six months' time, has retained the Ashes, won the World Test Championship and the biggest of them all-- ODI World Cup in India.
England stumper-batsman Jos Buttler says there is nothing wrong with cricketers wanting to specialise in a particular format and believes the lucrative Indian Premier League has changed the "climate" of the sport considerably.
Cricket climate change to medical practice, dropped candidates have their non-political life sorted.
A poignant political play, needed for today's times, is being staged in Mumbai.
National Security Council Coordinator for Strategic Communications (NSCCSC) John Kirby on Tuesday told a press conference in Washington, DC: "India will be a critical strategic partner for the United States in the coming decades."
The United States has said post-Kyoto protocols to tackle climate change will not make any sense if India and China are 'given a pass' and that Washington will not be a signatory to any such framework if the two Asian giants are not on board."The international community has got to come up with a new plan. And if we give a pass, again, to India and China,whatever measures we take are going to be totally cancelled and overshadowed,"Deputy Secretary of State John Negroponte said
General insurance companies are likely to see a surge in demand for health insurance in the coming months due to falling air quality in the country. The health insurance segment has registered a strong growth after the pandemic due to higher awareness. In the first half of financial year 2023-24, the segment grew by 24.4 per cent to Rs 54,713.52 crore from Rs 43,981.54 crore in H1FY23, driving growth of the non-life insurance industry.
Svante Thunberg revealed how his teen daughter, who initiated a global movement demanding world leaders take action over climate change, was crippled with depression and her activism has now made her 'very happy'.
'Geopolitics will be the most important driver of financial markets in 2025.'
The Royal Swedish Academy of Sciences on Monday has decided to award the 2024 Nobel Prize also known as the Sveriges Riksbank Prize in Economic Sciences to Daron Acemoglu, Simon Johnson and James A Robinson 'for studies of how institutions are formed and affect prosperity'.
A fracture of interstate relations could be India's biggest risk coming out of the pandemic. This topped a list of critical risks for India over the next two years, according to Geneva-based World Economic Forum's Executive Opinion Survey (EOS), whose results were released on Tuesday. Other top risks include a debt crisis in large economies, widespread youth disillusionment, failure of technology governance and digital inequality.
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