The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
Boosting competition in consumer markets and key input sectors can help African countries grow faster and alleviate poverty, according to a report launched today by the World Bank Group and the African Competition Forum (ACF). The report, Breaking Down Barriers, finds that reducing the prices of basic food staples by …
The face of development has changed, with diverse stakeholders involved – and implicated – in what are more and more seen as global and interlinked concerns. At the same time, there is an urgent need to mobilise unprecedented resources to achieve the ambitious Sustainable Development Goals (SDGs). The private sector …
The Crusade Against Tobacco orgnaization also said that the current policy has failed to stop foreign tobacco firms from promoting brands using indirect channels The government needs to urgently plug all loopholes in the FDI policy on tobacco and have a comprehensive ban on it, ensuring that no steps are …
This paper presents a framework for analysing countries’ exposure to transnational climate impacts – which occur in one country as a result of climate change in another place. It presents nine indicators, as well as a composite index. Climate change mitigation is widely regarded as a global problem, but climate …
In 2015, global flows of foreign direct investment rose by about 40 per cent, to $1.8 trillion, the highest level since the global economic and financial crisis began in 2008. However, this growth did not translate into an equivalent expansion in productive capacity in all countries. This is a troubling …
The National Green Tribunal (NGT) on Tuesday said it was not planning to immediately extend the ban on diesel luxury vehicles (with an engine capacity of over 2000 cc) to more cities. The ban is in force in Delhi. It will first examine pollution sources and levels, the NGT bench …
The Central Government moved the National Green Tribunal (NGT) on Monday, asking it not to extend the Supreme Court-mandated ban on registration of vehicles beyond 2,000 CC to 11 cities in the country, saying it would hurt automobile industry growth. The Ministry of Heavy Industries and Public Enterprises in its …
The African Economic Outlook 2016 presents the continent’s current state of affairs and forecasts its situation for the coming two years. This annual report examines Africa’s performance in crucial areas: macroeconomics, financing, trade policies and regional integration, human development, and governance. For its 15th edition, the African Economic Outlook takes …
Notwithstanding delays in domestic policy reforms, India’s economy is “slowly gaining momentum” and is projected to grow by 7.3 per cent this year, a United Nations report on Thursday forecast. The World Economic Situation and Prospects report, in its mid-2016 update, said India is expected to achieve 7.5 per cent …
As India prepares to meet its increasing energy demands, which will likely double by 2030, the government has set a path towards ambitious renewable energy targets of 175GW by 2022. Raising enough finance will be central to achieving these targets. The Indian government has stated that a significant portion of …
Bhubaneswar: In June 2005 when the Naveen Patnaik government signed an MoU with the South Korean steel behemoth, Posco, for a 12-mtpa mega steel plant in the state, the public euphoria reached its peak. The reason was obvious: Odisha, full of iron ore reserves, was always passionate about having another …
Suspense over the fate of the Rs 50,000-crore Posco steel project in Odisha has deepened with the South Korean giant showing disinterest in pursuing it because of the hurdles it continues to face on grounds of environment protection. Appearing before the National Green Tribunal (NGT) on Friday, Posco's counsel expressed …
Africa’s “Blue word” is made of vast lakes and rivers and an extensive ocean resource base. The Blue Economy can play a major role in Africa’s structural transformation, sustainable economic progress, and social development. The largest sectors of the current African aquatic and ocean based economy are fisheries, aquaculture, tourism, …
South Asia is in the midst of a demographic transition. For the next three decades, the growth of the region’s working age population will far outpace the growth of dependents. Close to one million individuals will enter the workforce every month. This large, economically active population can increase the region’s …
It was late CPI member A B Bardhan who had disdainfully dismissed the panic in the stock markets after the shock defeat of the BJP-led government in 2004, saying he did not give two hoots to what happened on the bourses. Congress did not allow the sentiment of the veteran …
The domestic food processing industry may get a boost with the Budget providing for 100% FDI via the Foreign Investment Promotion Board (FIPB) route in marketing of food products manufactured in the country. Industry analysts say the measure paves the way for foreign investment in the largely fragmented domestic food …
NEW DELHI: Presenting an optimistic picture of Indian economy, Chief Economic Adviser Arvind Subramanian's Economic Survey 2015-16 said that amidst the gloomy landscape of unusual volatility in the international economic environment, India stands as a haven of stability and an outpost of opportunity. The survey says the country's macro-economy is …
Sri Lanka has made encouraging progress in reducing poverty to below 7 percent of the population, but pockets of severe poverty remain and future prosperity will depend on addressing chronic revenue shortfalls and fostering a more competitive and inclusive economy, say new research findings announced by the World Bank Group. …
A Yieldco is a company created to manage operational capacity through investment by various entities As India’s renewable energy sector gets on to massive capacity addition, a Yieldco model of companies may come sooner than expected. Experts, however, caution that unless the government makes some taxation changes, Yieldco may not …
As foreign investments in agriculture and extractive industries increase pressures on land and natural resources, the effective use of legal tools, by government and advocates alike, has become an important ingredient of public efforts to ensure that foreign investment contributes to sustainable development. This handbook is about how to use …
