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India to Seek More Funds for Poor Nations at Global Meets

Mint Kolkata

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July 01, 2025

FM Sitharaman Is Abroad to Attend UN Financing for Development and NDB Meets

- Gireesh Chandra Prasad

Finance minister Nirmala Sitharaman will advocate for greater financial support to developing countries, stronger development banks tailored to Global South priorities, and enhanced private sector participation in sustainable growth initiatives at three high-level international meetings in July.

Sitharaman is on an official visit from 30 June to 5 July to attend the United Nations' (UN) Financing for Development conference in Spain, the 10th annual meeting of the New Development Bank (NDB) in Rio de Janeiro, and the BRICS finance ministers and central bank governors meeting, according to an official statement.

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EV, hydro boom to power 6x rise in battery storage by ‘47

India is preparing to meet a projected cumulative battery energy storage capacity of nearly 3 terawatt-hours (TWh) by 2047 across electric mobility, power, and electronic components, according to two people aware of the development, with electric vehicles (EVs) expected to contribute a third of the demand.

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Climate crisis: Innovation works, compression doesn't

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PepsiCo taps gourmet taste buds with Red Rock Deli’s India debut

Snack and cola maker PepsiCo is finally giving gourmet a chance with the launch of Red Rock Deli chips, priced ₹60 and ₹125 a pack, in a shift from its years-long focus on mass-market Lay's that starts as low as ₹5.

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Cabinet approves ₹7,280 cr rare earth magnets scheme

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PORTFOLIO MANAGEMENT AND ASSET ALLOCATION LESSONS FROM THE MAHABHARAT

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