Page 15 - India

Few women in India hold CFA charter; amid social pressures, lack of parity

Country's share of women completing exam for chartered financial analyst is 13%

India logs 326 new Covid-19 infections, active cases cross 3,000-mark

India saw a single-day rise of 326 fresh coronavirus cases, while the active cases crossed the 3,000-mark after 67 days, according to the Union health ministry data updated on Wednesday. The country's COVID-19 death toll stands at 5,30,775, while the active cases increased to 3,076, the data updated at 8 am stated. The infection tally was recorded at 4.46 crore (4,46,88,693). The active cases now comprise 0.01 per cent of the total infections, while the national COVID-19 recovery rate has been recorded at 98.80 per cent, according to the health ministry website. The number of people who have recuperated from the disease surged to 4,41,54,842, while the case fatality rate was recorded at 1.19 per cent. According to the ministry's website, 220.64 crore doses of Covid vaccine have been administered in the country so far under the nationwide COVID-19 vaccination drive.

Renewable subsidies on coal to result in lower emissions in India: Study

Combining renewable subsidies and higher tariffs on coal would lower the emissions by nearly one-third in India by 2030 compared to the current policies, according to a study carried out by two IMF economists. The study, conducted by Margaux MacDonald and John Spray, notes that the two steps would also decrease coal imports by 14 per cent by 2030, thus increasing resilience to global changes in energy prices and improving energy security. Released on Tuesday, the study observes that India has made significant progress towards meeting its emissions reduction targets under the Paris Agreement, but with current policies total greenhouse gas (GHG) emissions would nonetheless increase by more than 40 per cent by 2030. While a modest increase in short-term emissions may be necessary to meet poverty reduction and energy security goals, a more rapid scaling up of current policies could help lower emissions considerably over the medium term and bring India closer to a path to net zero by 207

In Eric Garcetti, the Biden admin may finally get an ambassador to India

US President Joe Biden nominated Eric Garcetti for the post of ambassador to India in July 2021, but the Senate has held up his confirmation

India's own AI matrix by early April: MoS IT Rajeev Chandrasekhar

It will be one of the world's largest publicly available datasets and aid next generation of entrepreneurs, says minister

Asus to challenge top position in Indian consumer notebook segment in 2023

PC maker Asus is eyeing top position in consumer notebook market this year on account of continued expansion of retail footprint and widening of portfolio in the gaming segment, a senior official of the company said. Asus India, Business Head, Consumer and Gaming PC, System Business Group, Arnold Su told PTI that the company plans to scale up exclusive stores in India to 300 by the end of 2023 from 200 at present as well as expand other formats of retail stores in a bid to reach consumers. "This year is a very important year for us. This year we want to challenge the number 1 position in India. This makes overall business expansion very important. Right now we have 200 exclusive stores in India. Now we are aiming to touch 300 exclusive stores. Every quarter we will add 20-25 stores," Su said. According to market research firm IDC, Asus held third position in the consumer notebook segment behind HP and Lenovo with a share of 15.6 per cent and a year-on-year growth rate of 20 per cent

Worried about country's sorry state of affairs, not Sisodia: Kejriwal

Delhi Chief Minister Arvind Kejriwal on Tuesday said he will pray for the country on Holi as he claimed those doing good work are being arrested while those looting the country are getting away. Addressing a digital press conference, he said he was worried about the state of affairs in the country. "Everyone knows that government schools and hospitals are in a bad shape... But two people -- Manish Sisodia and Satyendar Jain -- who improved these government schools and hospitals are in jail," he said. The chief minister said it is worrisome that Prime Minister Narendra Modi has imprisoned those doing good work for the country, while those looting it are being embraced. "On Holi, I will meditate and pray for improving the sorry state of affairs in the country. If you also feel the prime minister is not doing the right thing, you should also pray for the country after celebrating the festival," he said. "I am not worried about Sisodia and Jain being in jail. They are brave people who

EVs to increase India's dependence on China for raw materials: GTRI report

Manufacturing of electric vehicles (EVs) in India will increase its dependence on China for raw materials, mineral processing, and battery production, according to a report of by economic think tank GTRI. The Global Trade Research Initiative (GTRI) also said that there is a need for life cycle impact evaluation for the EVs sector EVs result in the release of pollutants during battery making, disposal, and charging and about 70 per cent of materials used to manufacture EVs in India are imported from China and a few other countries, it said. "EVs will increase India's dependence on China for raw materials, mineral processing, and battery production," it said. China has bought the largest lithium mines in Australia and South America. It processes more than 60 per cent of the lithium produced globally. It also processes 65 per cent of cobalt and 93 per cent of manganese. China makes three out of four batteries produced globally, it said, adding over 100 Chinese battery units make 60 p

India reports 266 new Covid-19 cases, active tally rises to 2,970

India saw a single-day rise of 266 fresh coronavirus cases, while active cases have increased to 2,970, according to the Union health ministry data updated on Tuesday. The country's infection tally stands at 4.46 crore (4,46,88,367), the data updated at 8 am stated. The COVID-19 death toll stands at 5,30,775. The active cases now comprise 0.00 per cent of the total infections, while the national COVID-19 recovery rate has been recorded at 98.80 per cent, according to the health ministry website. The number of people who have recuperated from the disease surged to 4,41,54,622 while the case fatality rate was recorded at 1.19 per cent. According to the ministry's website, 220.64 crore doses of Covid vaccine have been administered in the country so far under the nationwide vaccination drive.

India is not immune to the stagflation that felled its neighbours

Not much help is expected from the global economy. Financial conditions are tight almost everywhere, and demand tepid

Leader or the ideology: What should Congress party members abandon?

The Gandhi family is to the Congress what the RSS was to the BJP. But the latter has now reduced its dependence on the RSS to almost zero

India playing significant leadership role with G20 Presidency: Argentina

Responding to a question regarding India's G20 Presidency, Dimitrios Ioannou, Ambassador of Greece to India, said, "It's a very ambitious presidency. I am sure that they will achieve their goals"

Top headlines: Foxconn eyes second plant, Son invites start-up founders

Business Standard brings you the top headlines at this hour

RIC nations unlikely to meet till China border situation normalises

Last week Russian Foreign Minister Lavrov said a meeting would be held later this year

Rebuilding of Turkey post quake may spur steel demand from India: Industry

Since Turkey's own industry, a major player in world steel trade, has also been disrupted, demand from the western world may surge as well

India, US to hold commercial dialogue on March 10 after gap of 3 years

India and the US will hold a commercial dialogue on March 10 after a gap of three years and discuss issues related to trade and investment with a view to further strengthen economic ties, an official statement said on Monday. The last India-USA Commercial Dialogue was held in February 2019. Since then, due to pandemic and other factors it could not be held. "It is proposed to re-launch the dialogue with a strategic outlook with focus on supply chain resiliency and diversification and new emerging areas, after a gap of three years," the commerce ministry said in a statement. US Secretary of Commerce Gina Raimondo will be visiting here between 7-10 March for the dialogue and India-US CEO Forum meet. "During the visit, India-USA Commercial Dialogue and CEO Forum will be held on March 10 to discuss cooperation in various sectors that could unlock new trade and investment opportunities between the two countries," the statement said. The Commercial Dialogue is a cooperative undertaking

India's per capita income grew faster before 2014-15, shows data

The latest numbers available are for 2021; income grew at 21.3 per cent between 2015 and 2021 in India

US commerce secretary Gina Raimondo begins four-day visit to India

The Commercial Dialogue includes regular government-to-government meetings held in conjunction with private sector meetings, to facilitate trade, and maximise investment opportunities

From China to India

India should welcome investments looking for alternatives

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Internet shutdowns must be minimised