CLIMATE CHANGE COSTS
Inside Agri Minister Shivraj Singh Chouhan’s bold new vision to modernise Indian farms and farmers
The government will launch the Viksit Krishi Sankalp Abhiyan again for the Rabi crop, says Chouhan, signaling that the initiative will extend beyond its initial timeline.
Not the time to pick favourites: Viraj Gandhi's case for buying multi-asset funds
Amidst geopolitical tensions and inflationary pressures, SAMCO Mutual Fund advises investors to adopt a multi-asset strategy. The Indian market demonstrates resilience with strong economic fundamentals, but a cautious approach is recommended in the short to medium term. Pharma and private sector banks offer promising risk-adjusted returns, emphasizing diversification to navigate market volatility.
Why are Venetians mad at Jeff Bezos? Giant banner unfurled in city ahead of his wedding demands he pay more taxes
Jeff Bezos's wedding in Venice faces local opposition. Venetians protest against the event. They cite overtourism and rising costs. Activists demand higher taxes from Bezos. They unfurled banners in St. Mark's Square. Protesters plan canal disruptions. They criticize Bezos's wealth and tax rate. Locals feel the wedding benefits only the wealthy. They want fair regulations for billionaires.
'I am a Kannadiga, and I am done with Bengaluru': Why this Reddit post is going viral
A Karnataka woman shares her experiences with classism in Bengaluru. She notes different treatment based on her appearance. Modest clothing brings respect, while a polished look invites hostility. This disparity is emotionally draining. Others share similar experiences. They cite economic pressures and cultural conditioning as factors. The discussion highlights the persistence of class divisions in urban India.
Assam far from 13,428 MW rooftop solar energy generation potential, working to bridge gap: Officials
Assam aims to significantly boost rooftop solar power generation, targeting 1,900 MW by 2030 under its Integrated Clean Energy Policy, despite currently producing only 60 MW against a potential of 13,428 MW.
High grown, hard won: Inside India's caffeinated comeback
Driven by robusta's rising demand and favorable prices, India's coffee exports surged to a record $1.2 billion in FY2024-25. Kodagu, transitioning from arabica to robusta, played a pivotal role, while weather issues impacted major producers like Brazil and Vietnam. Despite recent price dips and labor challenges, India's unique cultivation methods and sustainability efforts position it favorably in the global market.
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'This is extortion': Newcomer in Bengaluru says he realises why Bangaloreans prefer buying homes rather than rent a flat
A Reddit post has ignited a debate over Bengaluru's rental practices, highlighting tenants' struggles with hefty security deposits and unfair deductions. Many residents feel financially exploited by landlords who impose rigid rules and lack transparency. This has led to a shift in mindset, with more people considering homeownership as a less stressful alternative to renting in the city.
Macro sectoral trends may take time, but they are potential wealth creators: 7 stocks from two sectors which fit the bill
Big wealth creation does not happen in well-discovered, well-researched sectors. It happens in sectors that are not much-talked-about on the street; where macro changes are taking place. Just to put this in perspective: Defence and railways stocks are today well-discovered and get high valuations. But was anyone talking about them five years ago? No. Similarly, there are sectors that are going through macro changes. Some because of policy changes and some because of the fact that when an economy reaches a certain level of maturity, these sectors also reach an inflection point. They may not grab headlines today. But they may be the talk of the street a couple of years down the line.
BRICS summit in Rio will focus on solutions for Global South
Diplomats and experts anticipate BRICS's enhanced role in shaping a more inclusive global order, prioritizing the Global South's interests. India, the next BRICS chair, emphasizes cooperative projects in financial inclusion, digital divide, and clean energy. The Rio summit aims to strengthen BRICS as a platform for the Global South's concerns and reform international institutions.
How Senate Republicans want to change tax breaks in Trump's big bill
House and Senate Republicans are working on a massive tax and spending cuts bill, but they disagree on key provisions. Differences include the size of the child tax credit, state and local tax deductions, and clean energy tax credits. The House and Senate also differ on deductions for tips, overtime, and interest paid on auto loans.
Banks are financing their own multitrillion-dollar nightmare
Despite climate risks, the world's largest banks increased fossil fuel financing to $869.4 billion last year, reversing previous declines. This surge aligns with a political shift against environmental considerations, potentially costing trillions in global GDP and exacerbating climate-related economic damage. The US alone faces significant financial losses and increased risks to home valuations due to climate disasters.
Rajasthan in the US? Heat dome will test America's cool quotient
The US is bracing for another sweltering summer under a heat dome, reminiscent of past record-breaking heat waves. As extreme heat becomes a recurring threat, Americans are finding creative ways to cope, from community cooling centers to adopting "heat time zones.
A corporate deal that protected the Amazon from soy farming starts to show cracks
Brazilian soy farmers are expanding into the Amazon, exploiting a loophole in the Amazon Soy Moratorium that excludes secondary forests. This expansion threatens the rainforest, with deforestation increasing despite the Moratorium's aim to protect old-growth forests. While the soy industry defends the agreement, environmentalists call for stronger protections to prevent further ecological damage and address climate change.
China's great electric leap forward
China's EV sales are poised to surpass US passenger car sales, driven by strong policy support and fiscal incentives, aligning climate goals with market success. Europe's EV growth has stalled due to subsidy reductions, while potential US tax credit cuts threaten sales. India can learn from China's dominance in the EV sector through strategic policy interventions.
After failing to achieve emission goals, Scotland sets new climate change targets
Scotland is set to introduce new climate change targets. The Scottish government aims to reduce emissions by 69% by 2035 compared to 1990 levels. This plan follows the abandonment of annual emission targets. The new system will measure emissions over five-year periods. The government says the plan will not sacrifice people's health or wealth.
Banned cotton seeds carve out ₹600 cr parallel market
Banned HTBt cotton seeds are now popular in India. These seeds account for 15% of the market. Farmers use them to cut labour costs. Industry groups want the government to test HTBt seeds. They say illegal seeds hurt cotton yields. Concerns exist about the environmental impact of these seeds. Farmers are openly defying the ban.
Sula Vineyards charts path to 100% sustainable winemaking amid climate pressures
CEO Rajeev Samant says Sula Vineyards has incorporated sustainability into every aspect of winemaking.
UK's tougher immigration stance may undermine efforts to meet net zero by 2050
A new report indicates that the UK's stricter immigration rules could impede its net zero and housing objectives by limiting the availability of foreign-born workers in crucial sectors. Many foreign-born workers in green jobs may not meet the new visa requirements, potentially leading to labour shortages in construction and clean energy.
Energy transition: How coal mines could go solar
Disused coal mines could be refashioned to place vast fields of solar panels, a new report suggests, providing an unlikely solution to a common obstacle to uptake of the green energy source. Coal mine-to-solar conversions are already happening in some countries, most notably China, which leads the world in solar uptake.
The Trumps promote a new crypto venture: Bitcoin Mining
Eric Trump is partnering with Hut 8 to launch American Bitcoin, a bitcoin mining company, leveraging his father's administration's energy policies for a competitive edge. This venture raises conflict of interest concerns, as the Trump family deepens its involvement in the crypto industry while President Trump champions pro-crypto policies, potentially benefiting their business ventures.
Best Bosch refrigerators: Top picks in triple door, double door and inverter frost-free models
Bosch refrigerators are built with excellent technology, modern features, sleek aesthetics, and German quality and precision. Bosch provides something for every family or household, whether you’re looking for triple door, double door, or single door models. Inverter frost-free refrigerators by Bosch provide reliable, consistent performance while saving energy. Bosch combines durability with new technology, with choices such as compact models for bachelors or XL convertible refrigerator options for larger homes. This guide provides the best Bosch refrigerators for all families, men and women alike, so you can make a smart, informed purchase.
G7 leaders want to contain the Israel-Iran conflict, as Trump calls for talks between the countries
The G7 summit in Canada commenced amidst escalating global tensions, particularly concerning the Israel-Iran conflict and Tehran's nuclear ambitions. Leaders, including Trump, Starmer and Merz, are seeking de-escalation, while Trump advocates for direct negotiations and Russia's re-inclusion. Trade disputes, climate change, and China's economic influence further complicate discussions, overshadowing the summit's agenda and threatening the G7's unity.
G7 Summit opening in Canada with focus on trade, wars and not riling Trump
The upcoming G7 summit in Canada faces the challenge of minimizing tensions amid global conflicts and economic concerns. Trump's previous disruptive behavior and imposition of tariffs have strained relationships with allies. With no joint statement planned, the summit's success hinges on navigating disagreements over trade, climate change, and China's influence, potentially impacting the G7's future.
$30K for breakfast? How Napier Council is justifying the spend as job cuts loom
Napier City Council's spending on a staff Christmas breakfast sparks debate. The council spent around $30,000 on the event. This happened while over 100 staff positions are under review. Critics question the expense. Mayor Kirsten Wise defends it as staff recognition. Concerns arise about public trust amid fiscal restraint. Some suggest cost-cutting measures for future events.
Could a giant nuclear bomb save the climate? One engineer thinks so, sparks viral debate
Andy Haverly, a 25-year-old software engineer with no formal climate science training, has proposed detonating the world’s most powerful nuclear bomb under the ocean floor to accelerate carbon capture. His open-access paper suggests pulverising vast quantities of basalt rock to speed up natural carbon sequestration. The idea, though radical and high-risk, aims to counter the mounting climate crisis. Drawing comparisons to historical nuclear projects and modern geoengineering efforts, Haverly’s concept reignites debate on bold solutions to climate change.
Conditioning a cool behavioural move
India is set to mandate AC temperature settings between 20°C and 28°C to boost energy efficiency and cut electricity bills, as AC ownership surges. This move addresses concerns that air conditioning could account for a quarter of India's GHG emissions by 2050. While energy-efficient ACs are gaining popularity, affordability remains a challenge.
The appraisal-linked learning economy: Why employees who learn earn more
Upskilling has become essential for career growth, with professionals who invest in learning programs experiencing significantly higher appraisal increments. The skills gap, affecting both technical and soft skills, poses a challenge to business transformation. Continuous learning is crucial for staying relevant, unlocking opportunities, and securing a place in the evolving economy, benefiting both individuals and organizations.
Trump vs Musk: How a political feud threatens to send NASA into the ‘biggest crisis’ in its history
A public dispute between President Trump and Elon Musk has jeopardised US space leadership. Proposed budget cuts threaten NASA missions, especially climate science and planetary exploration, while prioritising lunar and Mars ambitions. Trump's threat to cancel SpaceX contracts risks ISS resupply and future crewed missions.
Hotmail's Sabeer Bhatia drops harsh truth about climate crisis. What if the Earth isn’t dying, but we are?
Sabeer Bhatia, Hotmail founder, highlights climate change responsibility. He urges individuals to acknowledge their role. Bhatia criticizes greenwashing and inaction by nations and corporations. He emphasizes personal sacrifice for environmental protection. A user notes civilizations collapse due to inaction, not ignorance. Another warns of irreversible exploitation of Earth. Collective action is crucial for preserving our planet.
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