What is the news? Nearly two years after its construction, the India-funded Jaffna Cultural Centre in Sri Lanka’s Northern Province is still awaiting inauguration. Built with an Indian grant of $11 million, the center was envisaged as a public space to promote, preserve and foster the cultural heritage of Jaffna and serve as a hub… Continue reading India-built Jaffna Cultural Centre awaits inauguration
Author: Luv Sharma
India needs $10 tn. to meet net zero
What is the news? According to a study by climate and energy research firm, CEEW Centre for Energy Finance (CEEW-CEF), India is going to need Rs 700 lakh crore (10 trillion) to meet its net-zero target by 2070. What are the findings of the study? – Majority of the funds would be needed to significantly… Continue reading India needs $10 tn. to meet net zero
Need global collaboration to regulate cryptos: Modi
What is the news? Indian Prime Minister, delivered the keynote at the inaugural Sydney Dialogue via video conferencing. He spoke on the theme of India’s technology evolution and revolution and new age digital tech like cryptocurrencies. Indian PM called for countries to collaborate for regulating cryptocurrencies to prevent any harmful impact on youth. The reference… Continue reading Need global collaboration to regulate cryptos: Modi
The monetary, fiscal challenges of cryptocurrency
News: Digital money in the form of cryptocurrencies is gaining widespread popularity, esp with countries like El Salvador adopting Bitcoin as a legal tender. The debate around Cryptocurrencies frequently refer to their speculative nature as a cause of concern. But, what happens if, over time, cryptos evolve from speculative assets to become viable mediums of… Continue reading The monetary, fiscal challenges of cryptocurrency
Strengthening financial sector
News: For a swift economic recovery of India, the central bank would need to guide the economy towards normalcy. In terms of monetary policy management, the central bank has started the unwinding process. In the context of financial sector oversight, RBI Governor Shaktikanta Das touched upon several interdependent issues in his remarks at an event… Continue reading Strengthening financial sector
How Indian startups are powering the metaverse
News: Metaverse has opened a whole new world in front of us. With a range of technologies like AR, VR and MR that it offers, we also need simultaneous policies to prevent misuse of data and protect privacy. Until then, the risks will continue to outweigh the immense benefits that metaverses can offer us. What… Continue reading How Indian startups are powering the metaverse
India saved itself from dubious demands at the Glasgow climate change meet
Glasgow Climate Pact. News: At the recently concluded COP26, India not only made new climate commitments, but also stood up to argue for its right to continue burning coal in the short to medium run. The Indian delegation of negotiators eventually won the right for India to keep using coal for a while longer than… Continue reading India saved itself from dubious demands at the Glasgow climate change meet
S-400 Triumf Missile system – Explained, pointwise
For 7PM Editorial Archives click HERE → Contents1 Introduction2 What is the S-400 Triumf missile system?3 Why India purchased the S-400 missile system?4 What are the issues associated with India’s S-400 purchase?5 Can India face sanctions under CAATSA?6 What is the way forward? Introduction Deliveries of S-400 Triumf Missile defence system to India have been commenced by Russia.… Continue reading S-400 Triumf Missile system – Explained, pointwise
India needs time and money before it can dump coal
News: India is being criticized for its last-minute call affecting changes to the Glasgow Climate Pact (GCP) wherein the expression ‘Phase out’ was changed to ‘Phase down’ of coal-based power in its final version. India’s per capita energy consumption is a third of the global average. Hence, as per the IEA, India will need to… Continue reading India needs time and money before it can dump coal
Good crypto and bad: Defining, regulating and taxing this world
News: The government and regulatory authorities are considering a legislative and regulatory framework for cryptocurrencies. As enforcing a ban on cryptocurrencies is not advisable, hence, the current policy approach is a step in the right direction. Must Read: Managing cryptocurrencies What parameters must be considered for regulating cryptocurrencies? Define a tax structure: This must outline… Continue reading Good crypto and bad: Defining, regulating and taxing this world
