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India’s population is stabilising as total fertility rate declines across states
Of the 17 states analysed in the NFHS-5 data, except for Bihar, Manipur and Meghalaya, all other states have a TFR of 2.1 or less, which implies that most states have attained replacement level fertility.The first set of findings from the fifth round of the National Family Health Survey (NFHS), conducted in 2019-20 were released by the Ministry of Health and Family Welfare, Government of India on Saturday, December 12th, four years after the last survey (NFHS-4, 2015-16).
Global litigation financiers plan India entry to target company disputes
The concept of litigation finance is widely prevalent in Australia, the United Kingdom and the United States where such financiers pay legal fees and other costs of commercial lawsuits, arbitration or shareholder disputes and in return get a share of the award from a settlement or a win.
Some of the world’s top litigation financiers like Australia’s Omni Bridgeway and a unit of U.S. insurance broker Marsh Inc plan to tap the Indian market by funding the legal costs of disputes that embroil companies, executives told Reuters.
SoftBank-backed India’s Ola to invest $326 million in electric-scooter plant
The Indian government has been pushing automakers to move to cleaner fuel technology, especially electric, in an effort to reduce its oil import bill and curb pollution in major cities.
While carmakers have been slow to launch electric vehicles (EVs), mainly due to the high cost of batteries and weak demand from buyers, sales of electric scooters and rickshaws have picked up pace and are leading India’s electrification drive.
The country needs an investment of over $180 billion in vehicle production and charging infrastructure until 2030 to meet its EV ambition, according to the CEEW Centre for Energy Finance (CEEW-CEF), an Asian think tank.
Apple supplier Wistron puts India plant damage at up to $7 million after workers go on rampage
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