Former MOS finance bats for eliminating GST of life and health insurance, a choice between old and new LTCG and why the developed countries need to step up funding for combatting climate change
The flood situation in Assam, which had been improving over the past few days, has deteriorated again, with an increase in both the affected population and the number of impacted districts, according to an official bulletin released on Saturday. Dibrugarh is the worst-hit with 5,667 people reeling under the floodwater. Three relief camps have been set up, sheltering 75 displaced people
A wildfire that forced the evacuation of at least 1,200 people in southern California has ravaged more than 16 square miles. The blaze, named the Post Fire, started on June 15 and was burning near the Interstate 5 freeway in Gorman, about 62 miles (100 km) north-west of Los Angeles. California state park services evacuated 1,200 people from the Hungry Valley recreation area in Gorman and both Hungry Valley and the Pyramid Lake reservoir were closed as a result of the fire threat.
Prime Minister Narendra Modi interacts with former Microsoft CEO Bill Gates at his residence in New Delhi. They discuss artificial intelligence, climate change, G20, digital payments and more. Watch!
ReNew Energy Global has tied up debt financing, including the new $5.3 billion Memorandum of Understanding (MoU) with the Asian Development Bank (ADB), that will be enough to take off its planned capacity expansion and new businesses, said Sumant Sinha, founder and chairman. Talking exclusively to Moneycontrol’s Rachita Prasad from Dubai, where he is participating in the United Nations Climate Change Conference or Conference of the Parties of the UNFCCC, more commonly referred to as COP28, Sinha said that the first ever stocktaking at the conference is making it clear that the world may collectively miss its target to cap global warming. He spoke about ReNew’s growth plans and the role that corporates can play to achieve climate goals.
Joshimath is sinking. The quaint town, which doubles as a pitstop for pilgrims on their way to the Char Dham yatra, is facing land subsidence. Experts believe that one of the major factors that have contributed to this crisis is the development and construction projects carried out in the region. NTPC’s Tapovan-Vishnugad Hydroelectric Project is in focus for aggravating the situation in Joshimath. Watch the video to find out why Joshimath is sinking and if the local population’s ire towards NTPC is justified.
The total amount of money being committed by these 20 countries - under Mission Innovation -- amount to USD 20 billion, about half of which would come from the US, White House officials said.