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Month: August 2025

‘Unequal growth post the globalisation boom of the 1990s and 2000s led to the current inward looking trade policies’

Posted on August 7, 2025 By admin
‘Unequal growth post the globalisation boom of the 1990s and 2000s led to the current inward looking trade policies’

Scott Wang, Vice President, Asia Pacific, for the World Trade Centers Association. Photo: Special Arrangement The increasingly inward looking attitude of countries around the world didn’t happen overnight, and is a result of the unequal growth that emerged from the ‘golden’ period of globalisation in the 1990s and 2000s, according to Scott Wang, Vice President,…

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Posted on August 7, 2025 By admin
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India lost 18 times more forest than it gained between 2015–2019, study finds  

Posted on August 7, 2025 By admin
India lost 18 times more forest than it gained between 2015–2019, study finds  

India suffered a substantial net loss in forest cover between 2015 and 2019, revealed a new study conducted by researchers from Indian Institute of Technology (IIT) Bombay and SASTRA Deemed University.   The study said that for every 1 square kilometre of forest gained during the four-year period, the country lost nearly 18 square kilometres—an alarming…

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Posted on August 7, 2025 By admin
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Major climate change-GDP study under review after facing challenge

Posted on August 7, 2025 By admin
Major climate change-GDP study under review after facing challenge

A blockbuster study published in top science journal Nature last year warned that unchecked climate change could slash global GDP by a staggering 62 percent by century’s end, setting off alarm bells among financial institutions worldwide. But a re-analysis by Stanford University researchers in California, released Wednesday (August 6, 2025), challenges that conclusion — finding…

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Science

Trump moves to shut down NASA missions that measure carbon dioxide and plant health

Posted on August 7, 2025 By admin
Trump moves to shut down NASA missions that measure carbon dioxide and plant health

U.S. President Donald Trump. File | Photo Credit: Reuters The Trump administration is moving to shut down two NASA missions that monitor a potent greenhouse gas and plant health, potentially shutting off an important source of data for scientists, policymakers and farmers. U.S. President Donald Trump’s budget request for fiscal year 2026 includes no money…

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Science

Germany moves to fast-track geothermal energy projects

Posted on August 7, 2025 By admin
Germany moves to fast-track geothermal energy projects

A general view of a cogeneration plant in Schwerin, Germany. File | Photo Credit: Reuters Germany’s Cabinet approved a draft law on Wednesday (August 6, 2025) aimed at fast-tracking the rollout of geothermal energy projects, as part of its goal to eliminate fossil fuel-based heating by 2045. Interest in geothermal energy has surged since Russia’s…

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Science

US-India tariff row: USIBC says it’s time to redouble efforts, not pull apart

Posted on August 7, 2025 By admin
US-India tariff row: USIBC says it’s time to redouble efforts, not pull apart

Image used for representation | Photo Credit: Reuters Amid the ongoing row over the tariffs and penalties imposed by the Trump administration on India, citing India’s trade relations with Russia, the US-India Business Council (USIBC) said on Thursday (August 7, 2025) that it is “time to redouble our efforts, not pull apart.” Trump tariff LIVE…

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Business

Stock markets decline in early trade as Trump slaps additional 25% tariff on Indian goods

Posted on August 7, 2025 By admin
Stock markets decline in early trade as Trump slaps additional 25% tariff on Indian goods

The 30-share BSE Sensex dropped 335.71 points to 80,208.28 in early trade. The 50-share NSE Nifty declined 114.15 points to 24,460.05. File | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early trade on Thursday (August 7, 2025) as U.S. President Donald Trump slapped an additional 25% duty — doubling it to…

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