RBI governor, top bankers to bring down curtains on mega BS-BFSI summit

The most-awaited chat with the RBI governor will roll into the bankers' panel, bringing down the curtains on an incisive summit that ran for nine days, spanning 11 sessions

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Chennai floods: Authorities face Madras HC heat as death toll rises to 5

The court's scathing view comes at a time when rainfall-related incidents have claimed five lives so far.

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Centre appoints two of its nominees on the board of govt-owned DFI

Addl Secy at Department of Financial Services, Pankaj Jain and Addl Secy at DPIIT Sumita Dawra have been nominated as directors on the board of NaBFID

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MGNREGA will need Rs 32K-crore more aid to meet demand: Experts

But a supplementary budgetary support of Rs 50,000 cr would be appropriate to fulfil all requirements of this year: Activists

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BS BFSI Insight Summit: MFs to stay top choice for investors, say panelists

Transparency, low cost and the variety of investment options offered drive investor preference, says a section of top MF honchos

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Rafale row: CBI decided not to probe kickbacks, claims report

Mediapart alleges Dassault paid at least €7.5 mn to middleman Sushen Gupta from 2007 to 2012 through 'overbilled' IT contracts with shell company to secure sale of jets

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Lack of seriousness will jeopardise net zero pledges, says India

India, speaking on behalf of the BASIC group, on Monday warned that lack of a serious approach to climate finance will jeopardise the enhanced mitigation and adaptation ambition as well as net zero pledges of parties. India last week said that climate finance cannot continue at the levels decided in 2009 and emphasised that it expects climate finance of USD one trillion "at the earliest" in view of new commitments. Richa Sharma, Lead Negotiator (India) and Additional Secretary, Ministry of Environment, while delivering the BASIC (Brazil, South Africa, India and China) group statement at the joint stock take plenary at the 26th international climate conference here, said that clear timelines and milestones were required to determine the exact magnitude of the new finance goal. "Post 2020 mitigation ambition and net zero pledges require significantly enhanced climate finance. The exact magnitude of the new finance goal can be determined through a structured process, with clear timelin

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Maharashtra bags climate action award in UK for regional leadership

The state government claims to have succeeded in creating a culture of climate action in Maharashtra, which has borne expenses worth $2 billion due to climate-related disasters during the past year

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