Chief Economic Advisor to govt of India, V Anantha Nageswaran, says these indices, used to rate investment safety of countries, is created by ‘experts’ who have no presence on the ground.
The 'loss and damage' fund was a breakthrough for developing country negotiators at the UN climate talks in Egypt last year, despite years of resistance from wealthy nations.
The East African country said the World Bank's move was unjust and hypocritical, since it lends to countries in Middle East, Asia with similar laws on homosexuality.
The new steps, still in discussion, come on top of initial steps approved in April that will boost World Bank lending by up to $50 billion over the next decade.
The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen and stimulating climate finance for low-carbon energy investments.
Sri Lanka is emerging out of its worst economic crisis in 7 decades, and its economy expected to shrink 2% this year before returning to growth next year.
While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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