October 2, 2026
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Grid Layout Two

Inflation above its target, but RBI unlikely to change rates

by October 2, 2023 0

The Reserve Bank of India’s rate-setting committee is expected to maintain interest rates at their current level, despite inflation being above the target range, rising crude oil prices, and a weakening rupee. The committee has kept rates unchanged since February 2023. Economists predict that inflation will decrease in the coming months, but caution that...

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Private sector must do 80% of climate funding

by October 2, 2023 0

The International Monetary Fund (IMF) has stated that emerging market economies will need a five-fold increase in climate mitigation investment to $2 trillion by 2030 in order to achieve net-zero emissions by 2050. The IMF emphasized that the private sector will need to supply about 80% of the required investment, rising to 90% when...

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100+ dolphins die in Amazon as water temp reaches 39C

by October 2, 2023 0

Experts suspect that severe drought and heat caused the death of 120 river dolphins in a tributary of the Amazon river. The dolphins, unique freshwater species found only in South America, are vulnerable to threats due to their slow reproductive cycles. Autopsies are being conducted on the carcasses to determine the cause of death,...

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