Tuesday, November 9, 2021

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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Sensex jumps 478 points as Infosys, HDFC advance; Titan rises over 4%

After a volatile session, the 30-share index ended 477.99 points, or 0.8 per cent higher, at 60,545.61

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Floods, water crisis: Chennai feels climate change pinch, say experts

The report says that Chennai may sink by up to 1.87 feet under water

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Glasgow COP26: Govts working to make agriculture less polluting

In the COP26, India has committed to reduce overall carbon emission by 1 billion tonnes by 2030

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Shriram Capital closes in on a merger deal with two lending units

Unlisted Shriram Capital is in the process of firming up the amalgamation with Shriram Transport Finance Co and Shriram City Union Finance Ltd

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BFSI Insight Summit: Why should we not seek subsidy, say panelists

Say customer engagement has been one of the pain points for insurers, historically

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India's low score on GVC a starting point for recovery from pandemic: AIIB

India rated 7.4 percentage points below the average global value chain participation rate for emerging economies from Today's Paper ht...