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Subscribe to enjoy similar stories. Intervening on behalf of like-minded developing countries (LMDCs), India said that developed countries need to commit to provide and mobilise at least $1.3 trillion every year in the New Collective Quantified Goal (NCQG) till 2030.

Subscribe to enjoy similar stories. New fault lines are emerging in American society based more on class than race. The shift helped deliver the White House to Donald Trump and could continue to alter the political landscape if more Americans identify themselves less in the context of race and gender and more as belonging to a certain economic class.

When we think of mortgage competition, we often think of smaller lenders nipping at the big boys’ ankles like angry chihuahuas. That’s happening to a small degree, but there’s something else brewing below the surface that will have an even bigger impact on your future mortgage: open banking.

C Rangarajan said on Friday. Speaking at the ICFAI Foundation for Higher Education (IFHE), Rangarajan stressed on the importance of «ensuring efficient fund utilisation before increasing healthcare spending.» «In India, there is a consistent discussion on raising healthcare expenditure to at least 2.8 per cent of the GDP. However, current data indicates that we are spending only about 1.8 or 1.9 per cent of the GDP,» he said. «Governments should increase healthcare spending, focus on establishing hospitals that offer free services, and ensure these funds are utilised efficiently.» The former chairman of the PM's Economic Advisory Council stated that education and health are crucial for accelerating the country's progress. «However, in India's social expenditure system, more resources are allocated to education than to health, which may not be the ideal approach.»

Subscribe to enjoy similar stories. As the world ages, governments face the challenge of not only adapting their civil service to new structural changes to ensure the quality of public services but also ensuring businesses and societies adjust to this demographic trend. While public servants are rarely viewed as a workforce of their own, they make up among the largest workforces in the world.

Pralhad Joshi has proposed formation of a task force in consultation with the Ministry of Power to push efforts to meet India's ambitious target of having 500 GW renewable energy capacity by 2030. The minister for new and renewable energy has also urged industry players and stakeholders to devise strategies which would help the country meet the target in a time-bound manner. Speaking at an event in Bhubaneswar, the minister proposed the formation of a task force, in consultation with the Ministry of Power, to align the efforts of all stakeholders towards meeting the 500 GW target, the ministry for new and renewable energy (MNRE) said in a statement on Thursday. India has already achieved 212 GW of energy from non-fossil fuel sources and is on track to exceed the 2030 target, he said.

BJP leader Devendra Fadnavis is on a whirlwind campaign, addressing almost five rallies a day, in the run-up to the Maharashtra polls. Excerpts from an interview with ET’s Krishna Kumar & Jatin Takkar: On BJP’s narrative change after the LS polls: During the Lok Sabha polls, the opposition played up the narrative that reservations will go away, which pushed Dalits away. Secondly, adivasis were polarised against us. After the elections, we went to the people and even they realised that reservation will not go away. The entire fake narrative has been wiped out. Also, there was ‘vote Jihad’ against us as in several constituencies. Now, even if it happens, the impact would be limited. MVA has not realised that due to this voting pattern (of Muslims), there is a subtle feeling among people that if such things happen, then it is not good and pressure groups could be created. The Congress accepting their demands of the Ulema, especially the one where they have agreed to release rioters from 2012 to 2024, is dangerous and will backfire on them.

Manohar Lal Khattar, jointly inaugurated the first trilateral power flow transaction from Nepal to Bangladesh through a virtual event hosted by Nepal's Ministry of Energy, Water Resources, and Irrigation on Friday. Kahattar, along with Md Fouzul Kabir Khan, adviser of Bangladesh's Ministry of Power, Energy, and Mineral Resources, and Nepali Minister of Energy, Water Resources, and Irrigation Dipak Khadka, inaugurated the power flow transaction, which had been carried out through the Indian grid. According to a press statement, the power transaction from Nepal to Bangladesh, through the Indian grid, will export up to 40 MW of power.

Ajit Pawar has publically spoken against this slogan while his compatriot Devendr Fadnavis has defended it. In an interview with ANI, Fadnavis said that it will take time for Ajit Pawar to understand the public's mood as had stayed with anti-Hindu idealogies for a long time. «For decades, Ajit Pawar has stayed with such ideologies which are secular and anti-Hindu. There is no real secularism amongst those who call themselves as secularists. He has stayed with people for whom opposing Hindutva is secularism. There is no real secularism among those who call themselves secular,» Fadnavis said speaking to ANI.

A European regulatory committee now recommends approval of the Alzheimer’s treatment lecanemab a few months after rejecting the drug

According to a research report by Jefferies, the combined market share of the two top automobile manufacturers--Maruti Suzuki and Hyundai--has slipped to a 12-year low in the first half of fiscal year 2025 (1HFY25). This shift highlights a dynamic change in consumer preferences and competitive positioning within the PV sector.

Anura Kumara Dissanayake took a large lead Friday in early results from the parliamentary elections, in an apparent solid mandate for his program for economic revival. Dissanayake's National People's Power Party won 15 of the 22 electoral districts whose results have been released so far by the Elections Commission. Dissanayake was elected president on Sept. 21 in a rejection of traditional political parties that have governed the island nation since its independence from British rule in 1948. But he received just 42% of the votes, fueling questions over his party's outlook in Thursday's parliamentary elections. But the party received large increases in support less than two months into his presidency.

Subscribe to enjoy similar stories. Bitcoin is now worth more than any U.S.-listed company other than the six biggest. Dogecoin, created as a joke and the first cryptocurrency to have agovernment departmentnamed after it, would make it to the top 200 stocks by value, larger than Johnson Controls International.

Subscribe to enjoy similar stories. SINGAPORE—The last thing Xi Jinping needs right now is another showdown with Donald Trump over trade. China is grappling with an epic property collapse, and local governments are wobbling under trillions of dollars of debt.

Subscribe to enjoy similar stories. “The concept of risk is completely invented to ensure that investment doesn’t come to Africa," Gagan Gupta told an audience of investors and entrepreneurs earlier this year, to resounding applause. Mr Gupta, whose firm works on logistics and utilities across Africa, is optimistic about the continent and scathing about outsiders’ ability to assess it.

BEIJING — China on Friday reported strong growth in retail sales and a steep decline in real estate investment in October, signaling that the country's recent stimulus push has already bolstered certain sectors of its flagging economy.

Vivek Ramaswamy has now been handed over the responsibility of cutting government expenses alongside Elon Musk in an all-new department known as 'DOGE-Department of Government Efficiency'. And the first thing that Ramaswamy and Musk are reportedly planning on doing is closing down the FBI that could cut off a majority of unchecked government expenses. He is also thinking of sacking nearly 1.5 million federal employees under his 'shut things down' strategy, which is already raising fear in the hearts and minds of federal workers across the country, according to a previous ET report. Ramaswamy will now have the power to shape the priorities of the new department and it will operate outside of government and provide recommendations to the White House on huge chunks of expenses from the multi-trillion dollar federal budget. This Department of Government Efficiency or DOGE was actually the brainchild of Elon Musk, the billionaire who has become one of Trump’s closest aides throughout the Presidential campaign, and has been constantly rooting for the idea of a cost-cutting commission on the campaign trail.

Subscribe to enjoy similar stories. Every Friday, Plain Facts publishes a compilation of data-based insights with easy-to-read charts to help you delve deeper into the stories reported by Mint in the week gone by. The 29th UN Climate Change Conference-COP29 began earlier this week in Azerbaijan, focusing on global warming and other critical environmental issues.

Rajnath Singh is likely to meet his Chinese counterpart Dong Jun at an event in Laos next week. Following the border patrolling agreement with China that led to disengagement of troops in eastern Ladakh, Singh-Dong meeting would be the first high-level engagement between the two countries. Singh will visit Laos to attend ASEAN Defence Ministers Meeting Plus (ADMM Plus), where he is likely to meet his outgoing US counterpart as well. Sources said while the meeting with Dong has not been finalised yet, the interaction could take place on the sidelines of the two-day event.

COP29 on Thursday stressed the need to improve transparency, access and affordability of finance to enable climate action across the world. Initiating the dialogue on the designated 'Finance and Trade Day' of the summit, UN climate chief Simon Stiell said for climate finance to deliver, it will need to be accessible, predictable and commensurate to the challenges faced in developing countries. Referring to the findings of the progress report on efforts to raise over $100 billion a year prepared by the COP's Standing Committee on Finance, Stiell said the overall trend shows an increase in the funds with more money being allocated for adaptation. However, there is a need to improve transparency, access and affordability, he said. «The new goal is not just about a target but about enabling action,» the UN climate chief stressed.

frugal innovation and it can use the millennium-old Vedic wisdom to build the frugal economy that truly benefits people, society and the planet, Navi Radjou, management thinker and author of 'The Frugal Economy' said at the event. «Let's apply the three Dharmic principles of cooperation, distribution and regeneration to achieve both Atmanirbhar Bharat (self-reliant India) and Viksit Bharat (developed India),» he said. The Puducherry-born author said that Indians need to bravely stretch the limits of imagination to develop the country.