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English EditionEnglish Editionहिन्दीગુજરાતીमराठीবাংলাಕನ್ನಡമലയാളംதமிழ்తెలుగు | 01 December, 2024, 08:32 AM IST | Today's ePaper My Watchlist Subscribe Sign In Search + Home ETPrime Markets Market Data News Industry Rise Politics Wealth MF Tech Careers Opinion NRI Panache Luxury Videos More Menu Business News›united nations development programme SEARCHED FOR: UNITED NATIONS DEVELOPMENT PROGRAMME INDIA SIGNS $98 MN LOAN AGREEMENT WITH ASIAN DEVELOPMENT BANK TO BOOST HORTICULTURE PRODUCTIVITY India and the Asian Development Bank signed a USD 98 million loan agreement to improve horticulture crop productivity by establishing disease-free planting material systems. The project, which aligns with the Atmanirbhar Clean Plant Programme, aims to enhance crop yields and quality, and help farmers adapt to climate change. 30 Nov, 2024, 10:02 AM IST WITH TRUMP RETURNING AND HEZBOLLAH WEAKENED, IRAN STRIKES A CONCILIATORY TONE In response to the changing geopolitical landscape and domestic issues, Iran shifted from aggressive rhetoric to diplomatic efforts, engaging with Hezbollah to accept a cease-fire and opening talks with European countries to ease tensions and address its nuclear program. This initiative is aimed at managing external challenges and addressing internal economic crises. 29 Nov, 2024, 06:33 PM IST WHY FALLING FERTILITY IS NOT A CRISIS Demographic transition is causing declining birthrates, raising anxiety among policymakers. With notable fertility rate drops in countries like China, South Korea, and Japan, the response involves innovative policies and tech integration. While aging populations pose challenges, the societal shift toward smaller families should be seen as an opportunity for adaptation and prosperity. 29 Nov, 2024, 07:26 AM IST DRAFT READY, SKILL INDIA'S NEW AVATAR AWAITS CABINET NOD The skill development and entrepreneurship ministry is awaiting cabinet approval for the Skill India Programme. Pending approval, no allocations have been made by the Department of Expenditure. The operationalisation of the Skill India International Centre is also pending due to prolonged interministerial consultations. Proposed changes to flagship schemes aim to align skills training with industry needs and international standards. 28 Nov, 2024, 11:54 PM IST VIEW: COUNT AND CUT OUT DELHI'S DIRTY AIR Delhi has faced in-migration, urbanisation, a jump in vehicular traffic, industrialisation, and construction activity over the last several decades. But development planning and execution haven't coped with these changes. With the rapid growth in the economy, there is an even larger demand for energy. Plans are on to build more coal-fired power plants (CFPP). This will lead to increased emissions of SO2 and NOx. 27 Nov, 2024, 11:20 PM IST ASSAM CM HIMANTA BISWA SARMA URGES FOREIGN NATIONS TO REVISE TRAVEL ADVISORIES, DISTINGUISHES ASSAM FROM MANIPUR Assam Chief Minister Himanta Biswa Sarma requested updates to travel advisories. He stated Assam's militancy is low. Sarma highlighted Assam's safety. He differentiated Assam from Manipur. The International Tourism Mart 2024 occurred in Kaziranga. Sarma mentioned tourism potential and UNESCO recognition. 27 Nov, 2024, 09:02 PM IST * All * News * Videos * Go To Page 1 NARAYANA MURTHY WANTS IAS, IPS OFFICERS FROM B-SCHOOLS INSTEAD OF UPSC; 'NO, THANKS', REBUFFS TOP BUREAUCRAT Narayana Murthy’s suggestion to recruit IAS and IPS officers from business schools instead of through the UPSC examination system has sparked strong opposition from former IAS officer Sanjeev Chopra. Chopra defended the existing merit-based process, highlighting its inclusivity and its role in balancing governance with democratic policy-making. The debate underscores contrasting views on governance, management, and the role of the civil services in India’s development. 27 Nov, 2024, 12:00 PM IST WEALTHY COUNTRIES' $300 BILLION OFFER SEEKS TO END COP29 STALEMATE Wealthy nations at COP29 have increased their climate finance offer to developing countries to $300 billion annually by 2035. This follows criticism of an initial $250 billion proposal as insufficient. Developing nations, however, are pushing for $390 billion by 2035, highlighting the ongoing struggle to reach a consensus on climate funding. 23 Nov, 2024, 07:18 PM IST NEW COP29 PROPOSAL SHOWS WIDE GAP PERSISTS ON CLIMATE FUNDING DEAL Negotiations at the COP29 climate summit in Baku are struggling to reach a consensus on financial aid for developing nations facing climate change. A new draft proposal highlights the divide between developed and developing countries on the annual funding amount, eligible financial instruments, and contributor base, leaving the final sum undetermined. 21 Nov, 2024, 10:53 AM IST COP29: FINAL 48 HOURS, FINANCE COP FACE ROCKY FINALE Developing and developed nations are clashing over a new climate finance goal at COP29, with just 48 hours left to bridge the divide. Developing countries demand trillions in annual funding, primarily from public sources, while developed nations propose a broader approach including private and emerging economy contributions. 20 Nov, 2024, 11:16 PM IST NATIONAL SKILLS DEVELOPMENT FUND TO INVEST SURPLUS IN TERM DEPOSITS FOR BETTER RETURNS The government-owned trust plans to prepare a panel of banks for investment of surplus funds in fixed deposits and has invited expressions of interest from public sector banks to invest around Rs 900 crore in fixed deposits for a period of one year. 20 Nov, 2024, 02:28 PM IST TEN NEWLY APPROVED INDUSTRIAL CITIES TO BOOST INDIA'S ECONOMIC CORRIDORS: DPIIT India is developing ten new industrial smart cities along its economic corridors, representing a Rs 28,602 crore investment. These cities aim to boost industrial growth and connectivity across various regions, including the densely populated north and the coastal east. The government highlights these corridors as transformative for India's industrial landscape, promoting trade, exports, and balanced regional development. 19 Nov, 2024, 08:57 PM IST INDIA CALLS FOR UNRESTRICTED GREEN TECH, CLIMATE FINANCE; CRITICISES UNILATERAL MEASURES BY DEVELOPED NATIONS AT COP29 At the COP29 climate summit, India criticized developed nations for imposing unilateral climate measures that hinder climate action in developing countries. India emphasized the need for freely available green technology and climate finance based on climate justice principles to support developing nations in raising their climate ambitions. 19 Nov, 2024, 07:15 PM IST BIG MONEY TO RESPOND TO CLIMATE CHANGE IS KEY TO UN TALKS IN BAKU; HOW CAN NATIONS RAISE IT? At COP29 in Baku, wealthy nations are exploring financial mechanisms to assist developing countries in addressing climate change. While these nations seek substantial funding, concerns linger over potential debt burdens associated with loans, prompting calls for increased grants and equitable financial solutions. 19 Nov, 2024, 01:54 PM IST WHY WE NEED TO LET DATA AND TECH DO MUCH MORE TO CLEAN INDIA’S AIR AND ACT ON PROVEN SOLUTIONS India's National Clean Air Programme is leveraging technology and data to combat air pollution. The article highlights the importance of adopting air quality decision support systems, utilizing satellite-derived pollutant data, and building capacity for data interpretation to improve air quality management in cities across India. 14 Nov, 2024, 11:01 PM IST CLIMATE FINANCE: WHO IS BEING ASKED TO PAY WHAT AT COP29? Developing countries need $1 trillion annually by 2030 for climate finance. This funding will help them transition to clean energy and adapt to climate change. A significant portion of this funding is expected from developed nations. However, there are disagreements on the amount and who should contribute. The COP29 summit aims to reach an agreement on this crucial issue. 14 Nov, 2024, 06:23 PM IST COP29 CLIMATE TALKS GRAPPLE WITH TRILLION-DOLLAR TASK At the UN climate talks in Baku, economists urged developing nations need at least $1 trillion annually by 2030 to combat climate change. The conference, already fraught with diplomatic tensions, aims to establish a new financing target for wealthier nations to support developing countries' green transition. However, early negotiations have been hampered by disagreements and a lack of initial progress. 14 Nov, 2024, 06:00 PM IST NIRMALA SITHARAMAN LAUNCHES NATIONAL MSME CLUSTER OUTREACH PROGRAMME; INAUGURATES NEW SIDBI BRANCHES IN BENGALURU Finance Minister Nirmala Sitharaman launched a national program to boost financial access for Micro, Small, and Medium Enterprises (MSMEs). The initiative includes new bank branches, increased credit targets, and a partnership with Peenya Industries Association. Sitharaman also highlighted the government's commitment to supporting MSME growth through various schemes and initiatives. 10 Nov, 2024, 11:43 AM IST CLIMATE CHANGE: PUBLIC ADAPTION FINANCE GREW BY 32 PC IN 2022, BUT LARGE GAP REMAINS, SAYS UN REPORT International funding to aid developing nations in adapting to climate change rose to USD 28 billion in 2022. However, a significant shortfall persists between the required funding and the actual amount provided. The UN Environment Programme reported that achieving the Glasgow Climate Pact goal would only marginally reduce the adaptation finance gap. The report highlighted the urgency for increased adaptation efforts, particularly in securing financial commitments from developed countries. 07 Nov, 2024, 05:54 PM IST CAIRN BECOMES INDIA'S 1ST OIL & GAS CO TO JOIN UNEP'S OGMP 2.0 Cairn Oil & Gas joins UN's methane reduction initiative. Cairn is the first Indian oil and gas company to join OGMP 2.0. The partnership aims to reduce methane emissions in the oil and gas sector. Cairn will set a five-year methane reduction target. The company will report its progress transparently to OGMP. Cairn aims to achieve net-zero emissions by 2030. 04 Nov, 2024, 07:10 PM IST PAKISTAN TO HOLD FINAL BIDDING FOR NATIONAL AIRLINE WITH SHORTLIST OF ONE Pakistan will open the bidding process for its national airline, Pakistan International Airlines (PIA), on Thursday, seeking to sell a 51-100% stake. Only one participant, Blue World City, met the final submission deadline. Concerns among potential bidders include the government's policy continuity, previous contract terminations, and unattractive terms. This privatisation move aims to reform the financially struggling airline under an IMF programme. 31 Oct, 2024, 01:24 PM IST INDIA WILL NOT SPARE TERRORISTS' MASTERS: PM MODI URGES NATION TO UNITE AGAINST TERRORISM Prime Minister Narendra Modi, during Rashtriya Ekta Diwas, declared that terrorism will not be tolerated while encouraging national unity. He commended efforts to tackle separatism in the Northeast and Jammu and Kashmir and highlighted successful resolutions of regional disputes. Modi warned against forces spreading instability and targeting India's economic interests. 31 Oct, 2024, 11:30 AM IST INDIA OF 2024 IS NOT THAT OF 1962, SAYS ARUNACHAL PRADESH CHIEF MINISTER PEMA KHANDU Arunachal Pradesh CM Pema Khandu inaugurated the Kameng Culture and Heritage Museum, emphasizing India's advancements since 1962. Located in Dirang, the museum aims to preserve the state's cultural legacy and promote socio-economic growth. It was developed with the Indian Army's support, aligning with the Government of India's Vibrant Village Programme. 23 Oct, 2024, 07:50 PM IST INDIA AMONG FIVE COUNTRIES WITH LARGEST NUMBER OF PEOPLE LIVING IN POVERTY: UN REPORT India is among the top five countries with the largest populations in poverty, as reported by the UN. The report indicates that 1.1 billion people globally live in acute poverty, with half being children and nearly 40 percent in conflict-affected areas. Rural populations are significantly poorer than urban ones. 18 Oct, 2024, 08:37 PM IST HOW MANY PEOPLE LIVING IN ACUTE POVERTY IN THE WORLD? A UN report reveals that over one billion people live in extreme poverty globally, with children forming more than half that number. The report highlights that poverty rates are three times higher in conflict-affected regions, and Sub-Saharan Africa and South Asia house the majority of the world's poorest people. 17 Oct, 2024, 10:30 AM IST ISRAEL VOWS TO PUT 'NATIONAL INTEREST' FIRST IN RESPONSE TO IRAN ATTACK Israel's Prime Minister Netanyahu has stated that Israel will make its own decisions on how to respond after Iran launched 200 missiles at the country. This attack followed Israeli strikes in Lebanon, which caused significant casualties and damage. The situation has also led to heightened tensions and humanitarian concerns in Lebanon and Gaza. 15 Oct, 2024, 04:43 PM IST INDIA CALLS FOR CONCERTED EFFORT TO REFORM INTERNATIONAL FINANCIAL ARCHITECTURE FOR DEBT FREE GLOBAL SOUTH India's UN Ambassador P Harish emphasizes global reforms in the financial system to secure debt sustainability and substantial investments in vulnerable areas. He highlights India's technological achievements, climate initiatives, and advocacy for the Global South, signaling the call for cooperative international efforts. 09 Oct, 2024, 05:22 PM IST 'LIFTED 250 MILLION INDIANS OUT OF POVERTY, DEMONSTRATED SUSTAINABLE DEVELOPMENT': MODI'S MESSAGE TO THE GLOBAL SOUTH At the UN's Summit of the Future, Prime Minister Narendra Modi announced that India has lifted 250 million people out of poverty. He emphasized India's sustainable development achievements and expressed willingness to share its success story with the Global South, representing one-sixth of humanity in his address. 24 Sep, 2024, 12:07 PM IST 10 KEY DEVELOPMENTS SINCE THE OCTOBER 7 ATTACKS ON ISRAEL Following the deadly Hamas attack on Israel on October 7, 2023, Israel launched a military campaign in Gaza, resulting in significant casualties and displacement. Key events include ground offensives, truce negotiations, and escalating regional tensions involving Iran and Hezbollah. 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