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The World Bank is ready to step up financing of action to tackle climate change in the world's poorest countries, but needs fresh funds from wealthy donor countries to do so, its managing director of operations told Reuters.
Axel van Trotsenburg made his comments on the sidelines of the COP27 climate talks in Sharm el-Sheikh. Criticism has grown of the bank's efforts to mobilise sufficient support for developing countries to shift to clean energy.
"There is no money going to sub-Saharan Africa. Full stop," van Trotsenburg said. "I would like to challenge everybody: Do more." (Reuters)
The Department of Telecom has extended the deadline till November 20 for submitting public comments on the draft Indian Telecommunication Bill, 2022. The bill proposes to bring internet-based calling and messaging services under the telecom rules as well as strengthen security for consumers.
"In response to the requests received from several stakeholders, the ministry has decided to further extend the last date for receipt of comments till 20th November, 2022," the DoT said in an official note on Thursday. (PTI)
Twitter's India unit swung into losses for the financial year ended March 31, 2022, owing to a more than three-fold increase in its employee benefit expenses, despite a significant gain in operating revenue.
The company posted a net loss of Rs 31.84 crore for the year, against a profit of Rs 7.76 a year back, as per Twitter's latest filing with the Registrar of Companies, shared by business intelligence platformTofler.Read full report
