World Bank President Ajay Banga also said that the World Bank would...
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Government bans “dark patterns” on ecommerce platforms; notifies guidelines
The notified guidelines will ensure clarity in the minds of all...
Kenya could lose up to 7.25% of GDP to climate change, World Bank says
Kenya could lose up to 7.25% of economic output by 2050 if it does...
Trump’s India visit: Westinghouse, NPCIL to sign pact for nuclear reactors
India has made clear there is no going back on the 2010 Civil Liability for Nuclear Damage law that foreign governments and vendors say leaves open the possibility of lawsuits against suppliers for nuclear accidents, rather than the operators of the plants.
Round-the-clock power supply via renewable-thermal bundling: Draft policy
Accordingly, a power generating firm will have to supply electricity such that at least 51 per cent of the annual energy supplied corresponds to renewable energy and the balance is drawn from thermal sources.
UK watchdog to scrutinise how companies, auditors calculate climate risk
“Tackling climate change has implications across the board, including on corporate reporting,” Valdis Dombrovskis, the Commission’s Executive Vice-President for an Economy that Works for Peoples, said.
World Bank Pandemic Bond losing value, facing criticism as Coronavirus spreads
In the case of a coronavirus outbreak for the Class B notes, this is 84 days from when the World Health Organization (WHO) publishes its first “situation report.” In the current outbreak, that would be in mid-April.
China’s Ping An Insurance says Coronavirus outbreak could hit business
-Ping An’s comments on the virus were included in its annual results, where the company reported a 39% increase in annual net profit on the strength of its retail business, but missed expectations.
-The coronavirus outbreak in China has caused widespread disruption to businesses and factory production, raising worries about the country’s economic outlook as growth is expected to slow sharply in the first quarter.
India becomes 5th largest economy, overtakes UK, France: Report
-India’s economy is the fifth largest in the world with a GDP of $ 2.94 trillion, overtaking the UK and France in 2019 to take the fifth spot,report said.
-The size of the UK economy is $ 2.83 trillion and that of France is $ 2.71 trillion
Cabinet makes Pradhan Mantri Fasal Bima Yojana voluntary for farmers
-These changes are proposed to be implemented from Kharif’ 2020 Season throughout the country.
-The cabinet has also decided that allocation of crop insurnace business to insurance companies to be done for three years. The Cabinet now has allowed subsidy to concerned insurers beyond a prescribed time limit.Also cut-off dates for invoking this provision for Kharif and Rabi seasons will be 31st March and 30th September of successive years respectively (Both PMFBY/RWBCIS).
Coronavirus outbreak to have limited impact on India, says RBI Governor
“Most of the large pharma companies, according to information that we have, always keep stock for three-four months. So, therefore, they should be able to manage and also those provinces from where these pharma intermediates are sourced have not been impacted by the virus outbreak. Therefore, there is an expectation that the supply of pharma raw materials will be maintained,”RBI Governor Shaktikanta Das said.
Can transport minister come to explain govt proposal for introducing EVs, asks SC
New Delhi: The Supreme Court Wednesday expressed desire to interact with the Transport Minister Nitin Gadkari on the proposal for gradual conversion of all public transport and government vehicles into electric vehicles (EVs) to curb air pollution. The...
Global warming creating ‘Irreversible’ ice melt in Antarctica: Scientist
-The hottest temperature ever recorded in Antarctica of 18.3 degrees Celsius (64.94 degrees Fahrenheit) was taken at a research base there on Feb. 6. If hotter temperatures were to sustain they could cause an extreme global sea level rise.
“This will gradually displace people as it goes,” Thomas said. “We know this is already happening in small island communities and this will just continue to happen gradually as more and more houses are being inundated at high tide, then at normal tide and then even at low tide.”