Developing countries like India face the double-challenge of simultaneously investing in development and in climate mitigation and adaptation. Globally, the scale of this challenge is staggering as close to 900 million people in the world don’t have access to electricity, and more than four billion people (half of the world population) don’t have a social […]
After a lull of 2-3 years following the pandemic, Indian economy turned around a corner in 2023, having laid the foundation in the previous years. The fastest growing major economy ends with several tailwinds as it steps into 2024 to accomplish new feats As we step into 2024, the new year, 2023 stands as a truly […]
With over 1.4 billion people to serve, the cake remains big for all the players, be it coal-based power plants, renewables and power sector finance companies India’s appetite for power consumption is only growing which is a brilliant news for the sector and for the health of its balance sheets. The development is not surprising […]
It will be taken up sooner than later, even though the government’s legislative business agenda for the Winter Session of Parliament from December 4 did not include the proposed amendments to the Special Economic Zone (SEZ) Act, 2005, to remodel the SEZs into ‘Exports and Make for India’ hubs from its current focus of only […]
The Conference of the Parties or the COP28 began on November 30 amidst many controversies and debates in the oil-rich nation of the United Arab Emirates. Dubai hosts the largest annual climate action summit till December 12, which is expected to witness over 70,000 delegates from across the globe with a single mission of fast […]
The impact of this decision will potentially be on loan seekers and it is likely that the low-ticket loans may not be so readily available as banks will be required to maintain a higher CRAR or capital to risk-weighted assets ratio. The Reserve Bank of India’s (RBI) decision to increase risk weights on consumer […]
The World’s five largest economies are the United States of America, China, Japan, Germany and India. Except for India, the first four also house global champions in all key sectors from banking, insurance, and automobiles to financial markets. Indeed, the top largest economies need to lead in some sectors or technologies to sustain and cement […]
Electric vehicles (EVs) have gained significant traction in recent years. This, along with biofuels, is at the centre of India’s energy transition pathway to help it realise its ambitions of net zero emissions by 2070. Also, to meet 50 per cent of its electricity requirements from renewables by 2030. Biofuels can not only play an […]
Indian IT companies need to produce more jobs and a 70-hour week will not just be a hurdle in creating more opportunities for prospective IT professionals but also counter-productive for a company’s own growth Domestic IT sector, one of the largest white-collar job-creators in India, witnessed shrinking in hiring during the August-September quarter. This is […]
Bond yields remain a benchmark for banks to set interest rates for lending purposes. An elevated bond yield will trigger interest hikes from banks without the need for Central Banks of respective countries to increase policy rates The US treasury bond yields jumped over 5 per cent last week for the first time in a […]