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Covid-19: World Bank sees FY21 India growth at 1.5-2.8%, slowest since 1991

By : Sustainability ..., Apr 13, 2020

India is likely to record its worst growth performance since the 1991 liberalisation this fiscal year as the coronavirus outbreak severely disrupts the economy, the World Bank said on Sunday. India's economy is expected to grow 1.5 per cent to 2.8 per cent in the 2020-21...

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Asia's central banks must rise to the challenge of climate change

By : Sustainability ..., Mar 31, 2020

Climate change is already a reality. The deadly bushfires in Australia, ferocious flooding in Indonesia and extended droughts in Vietnam have led to the destruction of infrastructure, investments and livelihoods. Yet across Asia, acceptance of this reality has not yet changed...

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Global energy-related carbon emissions flat in 2019

By : Sustainability ..., Feb 12, 2020

Global energy-related emissions of heat-trapping carbon dioxide remained steady last year, with declines in rich countries balancing out a rise in poor nations, according to data published Tuesday. The International Energy Agency said emissions of the main man-made greenhouse...

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India needs structural reforms to boost growth, policymakers should lead way for climate action: UN report

By : Sustainability ..., Jan 20, 2020

In the face of an economic slowdown, India needs to continue structural reforms necessary to boost growth, said a United Nations report Friday. The UN report ‘World Economic Situation and Prospects 2020 (WESP)’ stated that, “The combination of fiscal stimulus and financial...

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SBI Chairman identifies solar, city gas, oil as bright spots for funding

By : Sustainability ..., Dec 23, 2019

SBI Chairman Rajnish Kumar on Saturday stressed that there is an adequate availability of funds with the banking system but he does not find enough projects where investment is being sought. "Our first indication is that we are the largest financier of projects, we have a...

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India could become fastest growing energy market by 2030

By : Sustainability ..., Dec 23, 2019

India’s Energy Minister Dharmendra Pradhan said that his country will surpass China and become the world’s fastest growing market for energy by 2030. “We are on our way to become the world’s largest energy consumer,” the minister said, noting that India plans to use a...

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Explained: How CO2 emission trend reflects India slowdown

By : Sustainability ..., Dec 5, 2019

A new study unveiled on Wednesday says the growth in India’s carbon dioxide emissions this year was likely to be considerably lower than in the last few years. The Global Carbon Project, which puts out emission estimates for across the world every year, has said India’s...

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India, US to launch new clean energy initiative to fuel economic growth in Indo-Pacific

By : Sustainability ..., Oct 3, 2019

India and America will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region where China has been trying to expand its sphere of influence, the US State Department has said. The US has been pushing for a broader...

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In New York, PM Modi urges business leaders to invest in India

By : Sustainability ..., Sep 26, 2019

Prime Minister Narendra Modi on Wednesday pitched India as a key investment and trade destination to the global business community, highlighting the country’s economic and political strengths and pledging personal intervention to address any gaps. Delivering the keynote...

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India has an opportunity to benefit from a global economic situation

By : Sustainability ..., Sep 3, 2019

President of US-India Business Council (USIBC) Nisha Desai Biswal has said India should present its growth vision and why businesses should look to invest in the country at a time when the global economy is beset with challenges. Indian Prime Minister Narendra Modi is...

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