Advertisement
Advertisement
Biman Mukherji
Biman Mukherji
Senior Correspondent, Asia
Biman Mukherji has more than two decades of reporting and editing experience in Asia, focusing on Indian and Asia business.

Asian nations will need to more than double their renewable-energy adoption in the next two to three years to help keep the world on track for emissions reductions, analysts say.

videocam

But a victory in state elections does not mean Rahul Gandhi’s Congress Party will be able to turn the tables on the ruling BJP in next year’s national polls.

With oil prices rising, there is good reason – besides fossil fuel-induced climate change – for the import-heavy continent to slash oil consumption.

videocam
Advertisement

Delhi can be a ‘leading voice for the Global South’ and a ‘counterweight’ to players like Russia, China and the US, analysts say, giving it ‘diplomatic heft’.

videocam

The G20 declaration on renewable energy does not contain firm steps required to reduce fossil fuel production and help developing countries cope with climate change, analysts say.

videocam

The meeting between the US and Indian leaders is likely to pave the way for deeper defence ties and stronger support by Washington for the Global South.

videocam

While political issues divide the bloc, the G20 can still progress on economic issues like climate financing, especially to poorer nations, say analysts.

videocam

The ‘one nation, one election’ proposal is aimed at helping reduce the time politicians spent on campaigning and cut the cost of conducting polls.

Opposition leader Rahul Gandhi spoke out after an investigative report said that over a billion dollars left the country and the conglomerate used ‘opaque funds’ to invest in its own firms.

videocam

The protests in China and South Korea over the Fukushima water discharge will not stall plans by Asian states to generate nuclear energy due to long-term sustainability, analysts say.

videocam

Emerging nations say only a fraction of the US$100 billion per year in climate change financing promised by rich nations at a 2009 summit in Copenhagen has actually flowed to them.

In a world ravaged by deadly heatwaves, scorching fires and flash floods that destroyed homes and pushed up food prices, Asia’s major economies need to quickly set a green pathway.

videocam

The amount included subsidies worth US$1 trillion, which nations provided by retailing fossil fuels such as crude oil at a discounted rate to international prices.

India, the host of next month’s G20 summit, joins the US, the Soviet Union and China as only the fourth country to achieve a successful landing.

videocam

The Monetary Authority of Singapore’s new rules on stablecoins are set to spur wider adoption and investment of this category of cryptocurrencies across the region and beyond.

Analysts say a new opposition alliance poses a challenge for the Indian PM, as he seeks to position himself ‘as a statesman and family elder’ ahead of next year’s polls.

videocam

Closure of the Black Sea route means Ukraine has to export supplies by ‘very expensive’ rail and the Danube River that cannot accommodate large vessels.

videocam

Rice prices have hit their highest level in 15 years after largest-exporter India restricted shipments. It’s bad news for consumers – but could be a boon for Thailand.

videocam

A no-confidence vote coming hot on the heels of Congress leader Rahul Gandhi’s return to parliament has Modi’s ruling party on the defensive, as the opposition looks to leverage deadly violence in Manipur to pile on the pressure.

videocam

‘As long as we keep burning fossil fuels, we will see more and more of these extremes … even if we stop burning fossil fuels now, temperatures will not go down’.

videocam

The results of the World Weather Attribution study paint a grim picture for the planet’s future unless more is done to phase out fossil fuels. ‘Tens of thousands of people will keep dying’, one scientist warned.

videocam

India’s Tata Group plans to build a 40-gigawatt battery plant that will be able to meet nearly half of Britain’s battery production needs by 2030, analysts say.

The power needs of India’s data centres more than doubled in three years and the momentum doesn’t look set to slow any time soon – amid ‘resistance’ to supplying them with renewable energy from state-run distributors.

Bad weather means India’s ban on wheat exports is unlikely to be lifted and it’s now considering halting rice shipments, exacerbating food shortages at a time of tight global supply.

videocam

Experts say the recent inability of oil producers to raise prices through output cuts indicates that the largest consumers – primarily in Asia – are starting to move away from nonrenewables.

videocam

Moscow says there are no grounds for an extension or renewal of the deal, which expires next Tuesday, as most of Ukraine’s agricultural goods have gone to ‘well-fed countries’.

videocam