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India moots fund to end plastic pollution

Mint Mumbai

|

November 28, 2024

The multilateral fund proposed by India will provide grant-based finance to developing countries

- Puja Das

India moots fund to end plastic pollution

India on Wednesday proposed a multilateral fund for a new international legally binding instrument on plastic pollution.

India's proposal came at the fifth session of the Intergovernmental Negotiating Committee (INC) in Busan, South Korea for implementation of the Montreal Protocol.

According to UNEP, every day, the equivalent of 2,000 garbage trucks full of plastic are dumped into the world's oceans, rivers, and lakes.

Plastic pollution is a global problem. Every year 19-23 million tonnes of plastic waste leak into aquatic ecosystems, polluting lakes, rivers and seas.

MEER VERHALEN VAN Mint Mumbai

Mint Mumbai

Our Gaza calculus

Should India join the Board of Peace for Gaza being set up by the US? This decision would hinge on what it implies for India's strategic autonomy.

time to read

1 min

January 20, 2026

Mint Mumbai

Mint Mumbai

IMF cautions on AI, raises India outlook

The International Monetary Fund (IMF) has sounded a warning note on the exuberance in artificial intelligence, cautioning that a failure to achieve productivity gains could curb investments, slam markets and radiate across the world through tightening financial conditions.

time to read

4 mins

January 20, 2026

Mint Mumbai

Mint Mumbai

BRANNAN'S BLUEPRINT ON DALAL STREET

In India's capital markets gold rush, can 'shovel companies' be the shining bets?

time to read

9 mins

January 20, 2026

Mint Mumbai

Mint Mumbai

Rising costs sting early birds in Q3

India Inc. may have finally found its revenue footing in the December quarter after a year of sluggish demand.

time to read

2 mins

January 21, 2026

Mint Mumbai

Mint Mumbai

Glide path for new job scheme likely

Even as a two-decade-old welfare employment scheme is set to be replaced by a new one, the upcoming Union budget may carve out separate allocations for both schemes to ensure there are no gaps in jobs during the transition period, according to the minister in charge of rural development.

time to read

2 mins

January 21, 2026

Mint Mumbai

SBI MF to take 10% in Adani bond issue

SBI Mutual Fund is acting as one of the anchor investors for Adani Power's bond issue.

time to read

1 min

January 22, 2026

Mint Mumbai

Pakistan to join Board of Peace

Pakistan on Wednesday said it has accepted US president Donald Trump's invitation to join the Board of Peace for Gaza to support the effort for bringing peace to the troubled region.

time to read

1 min

January 22, 2026

Mint Mumbai

Fukushima nuclear reactor restarted

The world’s largest nuclear power plant restarted on Wednesday in north-central Japan for the first time since the 2011 Fukushima nuclear meltdown, as resource-poor Japan accelerates atomic power use to meet soaring electricity needs.

time to read

1 min

January 22, 2026

Mint Mumbai

Mint Mumbai

Tiger verdict cloud over M&A tax cover

Insurers may not readily offer tax liability insurance for merger and acquisition (M&A) deals and will subject them to stricter scrutiny given the risks of retrospective taxes, consulting and law firms cautioned, days after the Supreme Court ruled that Tiger Global must pay capital gains tax on its Flipkart share sale years ago.

time to read

2 mins

January 22, 2026

Mint Mumbai

Mint Mumbai

E-challan, toll dues could bar access to national highways

Changes being made to meet UN goal of halving global road deaths, injuries by 2030

time to read

2 mins

January 22, 2026

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