GLOBAL CHALLENGES
President Droupadi Murmu takes stroll on Puri beach, stresses need to protect, conserve environment
A day after participating in the annual Rath Yatra, Murmu spent some time on the beach in this holy city and later, penned her thoughts about the experience of being in close commune with nature, a statement issued by the Rashtrapati Bhavan said.
Streaming giants challenge new Canadian revenue-sharing rules
Netflix, Disney, Paramount, and NBCUniversal challenge CRTC rules requiring 5% revenue be contributed to local news, Indigenous, and French content. The Motion Picture Association-Canada seeks federal court judicial review, questioning legal basis. Effective September, the regulation supports Canadian music, broadcasting, and is expected to raise C$200 million annually under Canadian federal law.
People in India exposed to humid heat extremes increased by 67 crore from 1951-2020: Study
People in India exposed to extreme levels of humid heat during monsoons increased by at least 67 crore over the period 1951-2020, a research has found. Researchers investigated trends in hot and humid conditions or 'moist heat extremes', commonly seen in monsoons during the summer months, in terms of Wet-Bulb Globe Temperature (WBGT).
Integrate and mainstream African continent into the G20 system: Experts
Pradeep S. Mehta, Secretary General of CUTS International, emphasized that integrating the African continent into the G20 and other global governance systems should be a collaborative effort involving both the African Union Commission and other stakeholders, not just India. He shared this perspective during a high-level roundtable titled "Mainstreaming the African Union into the G20," organized by CUTS International and the Vivekananda International Foundation.
Coke is still a challenger brand in India and that mindset helps: John Murphy, Global President, Coca-Cola
India is a top-five volume growth priority market for the Atlanta, US-based company. Coke still trails Thums Up cola and Sprite in India - both brands have crossed a billion dollars in annual sales in the local market.
AI drinks energy up - quantum computing will work to our advantage, but the tech is new
The rapid advancement of computing over the past 70 years, driven by increases in computing power, has revolutionized various sectors such as banking, communication, healthcare, product design, and warfare. Semiconductor chip technology plays a crucial role in this growth. However, the future of computing faces a significant challenge due to the increasing power needs of AI innovations like ChatGPT. This surge in demand poses a threat to the sustainability of global energy resources and the environment.
Only comprehensive reform can enable UNSC to effectively manage global conflicts: India
India has urged for urgent reforms to the UN Security Council as the United Nations approaches its 80th anniversary next year, emphasizing the need to expand both its permanent and non-permanent categories to manage current global conflicts more effectively. This call was made by Pratik Mathur, Minister in India's Permanent Mission to the UN, during a UN General Assembly debate on the Annual Report of the UN Security Council.
New survey reveals nearly 74% Indians support taxing the super-rich; Here's why
As the G20 finance ministers' meeting approaches, a new survey shows overwhelming public support for a wealth tax on the super-rich. Conducted by the Earth4All initiative and Global Commons Alliance, the survey reveals that 74 per cent of Indians support wealth taxation to address global issues like hunger, inequality, and climate change. The meeting will discuss implementing a global minimum tax on the ultra-rich, potentially reshaping global economic policies.
World looking at Yoga as an agent of global good: PM Modi
Prime Minister Narendra Modi highlighted the global significance of yoga on International Yoga Day in Srinagar, emphasizing its potential to boost the economy of Jammu and Kashmir through increased tourism. He described yoga as a science and a tool for personal development with far-reaching benefits for society and humankind.
SCO Summit: Kazakhstan advocates UN role in addressing global challenges
Kazakhstan's First Deputy Foreign Minister highlighted the crucial role of the United Nations in addressing global challenges ahead of the SCO Summit, emphasizing President Tokayev's focus on sustainable development and alignment with the SDGs and 2030 Agenda.
G7 Summit: Italy PM Meloni welcomes PM Modi as India participates as an 'Outreach nation'
Prime Minister Narendra Modi arrived in Italy's Apulia to attend the G7 Outreach Summit, where he was welcomed by Italy's Prime Minister Giorgia Meloni. During the summit, PM Modi met with President Emmanuel Macron of France, Prime Minister Rishi Sunak of the United Kingdom, and President Volodymyr Zelenskyy of Ukraine. This visit marks PM Modi's first state visit in his third consecutive term, highlighting the importance of India's strategic partnerships and cooperation in regions like the Indo-Pacific and the Mediterranean. The G7 summit is being held in Italy's Apulia region from June 13-15.
Aim to address global challenges, foster international cooperation: PM Modi after landing in Italy for G7 Summit
After landing in Italy's Apulia to participate in the G7 Summit, Prime Minister Narendra Modi said that he is looking forward to engaging in productive discussions with world leaders.
Study Abroad: Challenges and opportunities for Indian students
Studying abroad has long been a cherished aspiration for many Indian students, offering opportunities for global careers and expanded knowledge. Despite the challenges posed by stricter immigration policies and increased scrutiny, the desire for international education remains strong. Factors driving this trend include the diversity of academic programs, global exposure, availability of scholarships, and access to advanced technology and innovation.
National security has become crucial to many economic transactions: Jaishankar
Rooting for multipolarity and the role of India, the minister said, "The transformation of India is critical to strengthening multipolarity in Asia itself, a prerequisite for a multipolar world. India's growing weight will ensure that the overall balance in the world order remains in favour of freedom, openness, transparency and a rules-based order."
Startup Vision Group head slams alarmist predictions about Bengaluru, says the city is under transformation
"Everyone has multiple responsibilities and is stretched thin. Increasing staff strength of BBMP is crucial - our ratio of municipal workers is far below that of a city like Mumbai, for example," Prakash, who is also the state's statartup vision group chairman, said in a post on X.
India’s bond index entry not enough to lift rating, Moody’s says
Moody's Ratings credit officer highlights India's need for structural reforms to enhance fiscal metrics despite global bond index inclusion. JPMorgan, Bloomberg, and FTSE Russell to include India in indexes, projecting substantial inflows into the debt market.
Govt to give focused attention to promote India's textiles exports: Textiles secretary
The cumulative exports of textiles and apparel from India during April 2023-March 2024 registered a de-growth of 3.24 per cent at USD 34.4 billion, as compared to USD 35.5 billion in April 2022-March 2023.
IMF doubts cash-strapped Pak's repayment capacity
IMF expresses doubts on Pakistan's debt repayment capacity, citing risks from policy delays, high debt, and low reserves. Washington-based team in Islamabad for bailout talks. Geo News reports lender's concerns.
China ready to work with India to find mutually acceptable solutions to 'specific issues': Beijing's new envoy
China's new envoy Xu Feihong aims to resolve Ladakh standoff with India through dialogue, respecting concerns. Cooperation crucial for global stability, reflecting Xi Jinping's and Narendra Modi's emphasis on broader Sino-Indian ties beyond boundary disputes.
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