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Contradictions and utility

Financial Express Delhi

|

November 22, 2025

WHILE IT MAY NOT DELIVER PARIS TARGETS, IN ITS ABSENCE WE MAY SEE A TEMPERATURE RISE OF 3°C OR MORE

- SOMIT DASGUPTA

AFTER MORE THAN 30 years since the signing of the Rio agreement (1992), more than 18 years of the signing of the Kyoto Protocol (1997) and 10 years of rejoicing the Paris Agreement (PA) of 2015, we seem to have gone in reverse gear. It’s not just dilution of the responsibility of the developed nations who have contributed to this climate mess, but it’s the entire movement which is at peril today.

At the centre of the storm is one country, the biggest cumulative polluter which everyone knows, that is the US. Perhaps, it would be wrong to say one country since it is the most important person in that country who terms the climate movement as a “hoax”. The Trump administration has pulled out of the PA twice, once in 2017 and again in 2025, which has caused considerable damage and has encouraged the fence sitters as well as the huge fossil fuel lobby. In fact the US administration today seems to be driven by the oil lobby and phrases like “drill, baby drill” is nothing but a slap on the human suffering from climate change calamities, especially the poor and those residing in the small island states.

Financial Express Delhi से और कहानियाँ

Financial Express Delhi

Homebound in Oscars shortlist for best international feature

NEERAJ GHAYWAN'S HOME-BOUND is among the 15 films shortlisted in the best international feature category at the Oscars, moving a step close to the final five nominations and maybe a win.

time to read

1 min

December 18, 2025

Financial Express Delhi

Bondi shooter came to Hyderabad for nikah in 2001, with son later

BONDI BEACH SHOOTER Sajid Akram brought his European-origin wife to Hyderabad in 2001 for a nikah ceremony, and his son Naveed Akram — a co-accused in the terror attack — around 2004-05 to introduce him to his parents, based on conversations, it has been learnt with investigators who have questioned close relatives.

time to read

1 mins

December 18, 2025

Financial Express Delhi

OpenAI in talks to raise $10 billion from Amazon

INITIAL TALKS

time to read

1 min

December 18, 2025

Financial Express Delhi

Oracle at the centre of AI-fuelled rent spree

CLOUD-COMPUTING COMPANIES including Oracle, Microsoft and Meta Platforms have committed to spend a combined $500

time to read

1 min

December 18, 2025

Financial Express Delhi

States’ fiscal deficit rises to 3.2% in FY25: Icra

THE COMBINED FISCAL deficit of 19 large states, excluding northeast states and Goa, has increased to 3.2% of gross state domestic product (GSDP) in FY25 provisional actuals (PA) from 2.8% in FY22 due to dual pressures of higher revenue deficits and elevated capital spending, a report by ICRA on state government finances revealed.

time to read

1 min

December 18, 2025

Financial Express Delhi

EVs get policy push, hybrids lose

Deepens auto industry split; Tata Motors, M&M gain edge

time to read

2 mins

December 18, 2025

Financial Express Delhi

Entrepreneurship & innovation: Shaping KBS’s global vision

Entrepreneurship and innovation play a pivotal role in advancing the strategic vision of KBS, particularly in its aspiration to position itself as a dynamic, industry-relevant, and globally responsive institution.

time to read

1 min

December 18, 2025

Financial Express Delhi

RBI guv signals rates to stay low

RESERVE BANK OF INDIA (RBI) Governor Sanjay Malhotra expects the country's interest rates to remain low for a \"long period\", he told the Financial Times in an interview published on Wednesday.

time to read

1 min

December 18, 2025

Financial Express Delhi

Debt reduction key focus: FM

IT COULD COME in handy for the government which is facing a potential tax revenue shortfall compared with the Budget Estimate, and a possible dip in tax buoyancy in the near term, on account of massive the reliefs offered to taxpayers in terms of income tax and GST reductions.

time to read

2 mins

December 18, 2025

Financial Express Delhi

Speciale Invest set to raise ₹1,400-cr fund

Bengaluru- based VC firm prepares fund to Back deep-tech firms

time to read

1 min

December 18, 2025

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