According to a Crisil report, "any further escalation in...
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FPIs selling-spree continues withdraw Rs 22,420 cr from equities in Nov
According to the data, FPIs recorded a net outflow of Rs 22,420...
UNESCO, IT Ministry host multi-stakeholder consultation on safety, ethics in AI
S Krishnan, secretary, MeitY, highlighted the critical role of the...
Govt to support 75 startup innovations for healthcare challenges
Union Science and Technology Minister Jitendra Singh said India’s bio-economy is on its way to achieving the USD 150 billion target to contribute effectively to Prime Minister Narendra Modi’s vision of a 5 trillion dollar economy by 2024-25.
Biden’s $3.5 trillion climate change plan to eliminate fossil fuel emissions from U.S
Included in the massive legislation is a nationwide clean-electricity program that is intended to eliminate climate-damaging fossil fuel emissions from U.S. power plants by 2035 catching up to requirements already set in some states.
The proposal would spend billions to install 500,000 electric vehicle charging stations and upgrade the power grid to make it more resilient during hurricanes and other extreme weather events that are increasing and intensifying as a result of climate change.
Investors with $4 trln assets aim to tackle Asian firms on climate change goals
The six investors include BMO Global Asset Management EMEA, Fidelity International, Dutch pension fund PGGM, Britain-based Local Authority Pension Fund Forum, Aviva Investors and Legal & General Investment Management.
Initial engagement will focus on carbon risk and coal at banks and coal-exposed power companies, the group of investors, facilitated by Singapore-based advisor Asia Research & Engagement (ARE), said in a statement.
The move comes as investors become more active in the field of environmental, social and corporate (ESG) governance, helping to shape firms’ climate commitments to better manage that risk for their clients. ESG-related steps they have taken include backing activist shareholder resolutions and voting on board members and remuneration.
Bengal: Rs 2.5 cr allocated for first lot of women’s income support scheme beneficiaries
The state government has received over 1.79 crore applications for the scheme. Under the initiative, the state government will provide Rs 1,000 per month to women heads of Scheduled Caste and Scheduled Tribe families, and Rs 500 to those belonging to the general category.
Researchers find double benefit of climate protection through both limiting, delaying global warming
In the study, the scientists analysed the joint impacts of demographic development and climate change on people exposed to tropical cyclones — and found that timing of when certain warming levels are reached becomes crucial. The results are even more obvious on the country level, explained Johannes Gutschow.
“Our model shows, with unprecedented detail, that in 2050 all countries at high risk of tropical cyclones are projected to see a rise in exposure. Due to the projected population growth, we found exposure changes of nearly 300 per cent in some East African countries, up to 100 per cent in the US and also a strong increase for the Arabian Peninsula.”
Nearly 7K applications okayed for Delhi govt’s Covid aid scheme, 6,000 cases get Rs 50K each
The call centre set up by the Delhi government for making calls to the affected families and apprise them about the scheme as well as assisting them in filing the application on e-district portal, received around 11,000 calls till Sunday, an official statement said on Monday..
Pandemic pushes Chinese tech giants to roll out more courier robots
Researchers at the University of Michigan said fully and partially automated vehicles could cut delivery costs by 10−40% in cities. Alibaba’s last-mile logistics vehicle has delivered over a million orders as of September to more than 200,000 consumers, the company said. It operates over 200 robots and plans to have 1,000 by March and 10,000 over the next three years.
World Bank says Delta variant slowing economic growth in East Asia and Pacific
Economic activity began to slow in the second quarter of 2021, and growth forecasts have been downgraded for most countries in the region, according to the World Bank’s East Asia and Pacific Fall 2021 Economic Update.
While China’s economy is projected to expand by 8.5%, the rest of the region is forecast to grow at 2.5%, nearly 2 percentage points less than forecast in April 2021, the World Bank said.
Need to step up efforts to tackle climate change impact on agriculture, entire ecosystem: PM
Modi said, “Not only agriculture, climate change is a big challenge to the entire ecosystem. …Due to climate change, new types of pests, new diseases, epidemics are coming. Due to this, there is a big threat to the health of humans and livestock and crops are also being affected.?
Climate change impact is on fish production and animal health and output. As a result, farmers and fishermen have to bear the losses, he said
Data privacy should not be compromised in using fintech: FM
”Data privacy is one of the things which is very important and it is an issue on which there can be a lot of contentious views. However, basic respect for privacy…as the guiding principle is well appreciated.Safeguard of client data, is something which I think is the backbone to bringing trust. Unless my data is safeguarded well I wouldn’t want to get into a scheme of things. So that is the guiding principle,” Sitharaman said at the ‘Global FinTech Fest 2021’.