The Federal Open Market Committee unanimously decided to raise the federal funds rate to 5-5.25%, a level unseen since the global financial crisis. Read more »
People are highly price-conscious and insensitive to environmental cause which prevents use of alternatives to single-use plastics. #Singleuseplastics #climatechange #environment Read more »
The CBAM could translate into a 20-35% tax on select Indian exports of steel and aluminium from 2026, says report. Read more »
India's first water bodies census highlights the importance of preserving India's 2.4 million ponds, tanks, lakes, and reservoirs. #Water #climatechange #watercensus #earth #India Read more »
The requirement of climate finance is significantly higher than what the current institutional mechanisms can provide. Read more »
Fintech regulation in India: After RBI nudge, fintech industry looks to establish self-regulatory organisations to formulate rules and standards. Read more »
Wealthy Indians in a bind over the new RBI guidelines for liberalised remittance scheme that prevents them from holding money in offshore bank accounts for longer than six months. Read more »
There is little correlation between MGNREGS and unemployment -- the former is a scheme for unskilled workers, while unemployment affects educated youth. #unemployment #SkillIndia #MGNREGS #economy Read more »
MeitY has held a round of consultations with industry stakeholders, policy advocates, and legal experts on the broad contours of the Digital India Act. Read more »
Despite some obvious benefits, political pressures and difficulty in arriving at consensus act as hurdles to global fiscal coordination. Read more »