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.
Rural ownership of motor vehicles jumped from 19 percent in 2011-2012 to 59 percent in 2023-2024, while urban rose from 40 percent to 68 percent during the same time period, study by two members of PM-EAC says.
At the Jindal Literature Festival, Maj Gen (Retd) Lakhwinder Singh reveals secrets from 25 years ago, speaking about the decision that outwitted Musharraf and changed the course of the war.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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