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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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Covid-19 outbreak could plunge half million people into poverty, losses deeper than 2008 crisis: Oxfam

By : Sustainability ..., Apr 10, 2020

The fallout from the coronavirus spread that has killed more than 83,000 people and wreaked havoc on economies around the world could push around half a billion people into poverty, Oxfam said on Thursday. The report released by the Nairobi-based charity ahead of next week's...

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Covid-19 impact on India’s energy storage industry

By : Sustainability ..., Apr 9, 2020

China is dominant in the Lithium-ion (Li-ion) battery manufacturing and supply chain, accounting for three-quarters of battery manufacturing capacity. The onset of Covid-19 has created a series of disruptions in the supply chain for Li-ion batteries, which will also impact...

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States with highest growth in solar, wind capacity also those worst-hit by coronavirus

By : Sustainability ..., Apr 9, 2020

India’s top 10 worst-hit states in terms of confirmed coronavirus cases also happen to be those which registered maximum addition of solar and wind energy generation capacity in 2019. There is no causal link between the geographical spread of coronavirus infections and...

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Coal investments can risk post-Covid economic stimulus: Carbon Tracker

By : Sustainability ..., Apr 9, 2020

China and other nations could be burdened with uneconomic and climate-unfriendly coal power for decades if they build new capacity to stimulate their economies in the wake of the Covid-19 pandemic, a move China appears to be already considering, Carbon Tracker warned in a new...

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Subject Tags: coal , coronavirus , economy

Covid-19: Mahindra Logistics launches free emergency cab services

By : Sustainability ..., Apr 8, 2020

Mahindra Logistics Ltd (MLL) on Tuesday said it has launched free emergency cab services to extend its support in the fight against Covid-19. It said there will be a special fleet for non-medical emergency transportation. "MLL...today announced that its enterprise mobility...

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Economic decline due to Covid-19 will not help govt’s tackle climate change

By : Sustainability ..., Apr 7, 2020

The world is going to experience a modest decline in carbon dioxide (CO2) emissions for the first time in 75 years but the dip is unlikely to result in any stabilisation in CO2 concentrations in the atmosphere, which leads to climate change, experts said. The economic decline...

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Yamuna cleaner, fuller due to lockdown? NGT panel asks CPCB, DPCC to find out

By : Sustainability ..., Apr 7, 2020

he National Green Tribunal-appointed Yamuna Monitoring Committee has asked the Central Pollution Control Board and the Delhi Pollution Control Committee to ascertain the impact of the lockdown on the water quality of the Yamuna and submit a report within a week. The...

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3,000 Mw of solar and wind energy projects face delays on Coronavirus lockdown

By : Sustainability ..., Apr 7, 2020

India could face over 21.6 per cent or 3 Digawatts (GW) of solar photovoltaic (PV) and wind installations being delayed as a result of the country’s lockdown, according to Wood Mackenzie. The research and consultancy firm said in a statement the timing of the lockdown is...

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Covid-19 will result in greater income inequality and unemployment, says Kaushik Basu

By : Sustainability ..., Apr 3, 2020

Coronavirus will go, but the kind of world it will leave behind will be a very different one than now. There are widely varying views on how the new world will look, with each expert looking at it from his or her perspective. Dr Kaushik Basu, Professor of Economics at the...

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