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Pursuing fossils differently

Financial Express Delhi

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May 16, 2025

As we all know, during the 21st Conference of Parties (COP21) in Paris in 2015, it was decided that we should try and limit the rise in the earth's temperature to 1.5 degrees centigrade by 2100 when compared to the pre-industrial era.

- SOMIT DASGUPTA

Of course, 1.5 °C is the mean temperature, which implies that certain parts of the planet would be above 1.5 °C. The fact is that we have already crossed the mean temperature of 1.5 °C in 2024, as reported by some organizations. Each successive report of the United Nations Framework Convention on Climate Change (UNFCCC) paints a picture that is more grim when compared to the previous one. Similar concerns have been raised by other organizations, such as the World Resources Institute and the United Nations Development Programme in their publications titled the State of Climate Action and Climate Inequality Report, respectively. In order to give a fillip to renewable power generation, it was agreed (during COP28) that renewable capacity should be trebled and that energy efficiency should be doubled by 2030. These are noble thoughts but not easy to implement due to various reasons; however, it is not the objective of this piece to elaborate on this.

Financial Express Delhi'den DAHA FAZLA HİKAYE

Financial Express Delhi

Banks to seek RBI’s approval for longer bulk deposits

BANKS WILL APPROACH the Reserve Bank of India (RBI) for approval to raise bulk deposits for up to three years compared to the current one year cap, three sources said on Tuesday.

time to read

1 min

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Financial Express Delhi

Recalibration of tax regime may attract larger share of global capital

THE INDIAN CAPITAL market has been at the crossroads in recent times.

time to read

3 mins

January 21, 2026

Financial Express Delhi

On cusp of historic India deal: Ursula

GIVES US FIRST MOVERADVANTAGEWITH FASTEST GROWING ECONOMY: VON DER LEYEN

time to read

1 mins

January 21, 2026

Financial Express Delhi

Al anxiety grips millennials, Gen Z

AS AI TRANSFORMS workplaces, a Randstad survey says employers are optimistic but Gen Z is anxious, fearing automation will reward firms more than workers

time to read

1 min

January 21, 2026

Financial Express Delhi

200% tariff threat looms over French wines

Wine tariff threat part of broader salco against EU

time to read

1 min

January 21, 2026

Financial Express Delhi

TaMo to bid for 6K e-buses, but rules out any price war

TATA MOTORS WILL participate in the government’s upcoming tender for around 6,000 electric buses but will avoid aggressive bidding, opting instead for a cautious and financially disciplined approach, Managing Director and Chief Executive Officer Girish Wagh told FE.

time to read

1 mins

January 21, 2026

Financial Express Delhi

Taking a leaf from the Campa playbook

SIL IS BANKING ON PRICING AND NETWORK STRENGTH TO CHALLENGE INCUMBENTS

time to read

3 mins

January 21, 2026

Financial Express Delhi

Tax sops, restoring indexation among Amfi Budget wish list

THE ASSOCIATION OF Mutual Funds in India (Amfi) has sought restoration of indexation for debt funds and granting capital gains tax exemptions for holding equity-oriented schemes for long-term in the Budget.

time to read

2 mins

January 21, 2026

Financial Express Delhi

Nalco readies ₹2K-cr critical minerals plan

Pilots lined up for extraction from red mud, flyash

time to read

1 mins

January 21, 2026

Financial Express Delhi

New steel scrap policy in the works

THE GOVERNMENT IS finalising a national steel scrap recycling policy, replacing the existing 2019 guidelines, to align it with changing dynamics of the industry arising out of domestic compulsions and commitments, and emerging international developments.

time to read

1 min

January 21, 2026

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