CashNews.co Baku, Nov 14 (PTI) BASIC countries, including India, have asked developed countries to honour their commitments to provide climate finance rather than “diluting obligations” and rejected attempts by the rich nations to shift their financial responsibilities during negotiations at the ongoing COP29 here. As the annual climate change summit entered the fourth day on […]
CashNews.co New Delhi: After developing countries rejected the first draft on the new collective quantified goal (NCQG), on Tuesday, co-chairs of the programme on NCQG at the COP 29 climate talks in Baku released another iteration on Wednesday morning that runs into 34 pages. People walk outside the Baku Olympic Stadium, the venue for the […]
CashNews.co As the COP29 climate summit continues in Baku, a new report highlights an urgent call for climate finance to meet critical global targets. Published by an independent high-level expert group, the report recommends mobilising $1 trillion annually for developing countries by 2030, a move that would help address climate challenges under the Paris Agreement. […]
CashNews.co BAKU: With the first draft decision text on new post-2025 climate finance goals released at COP29 here on Wednesday, amid huge differences between rich and developing nations on the issue, UN climate body said developing countries would need $1.1-2.4 trillion annual investment by 2030, and up to $2.9 trillion till 2035, to meet mitigation […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Standing on his office balcony in India’s searing afternoon heat, veteran civil servant K Rajaraman gestures across a panoramic sweep of cranes. They tower over the skeletal structures of tower blocks and a nearly […]
CashNews.co Stay informed with free updates Simply sign up to the Indian business & finance myFT Digest — delivered directly to your inbox. The writer is senior fellow, Peterson Institute for International Economics, former chief economic adviser to the Indian government and adviser to the government of Tamil Nadu India’s rise as a major economy […]
CashNews.co (Bloomberg) — India’s central bank is ready to let the rupee weaken in tandem with the Chinese yuan after Donald Trump’s election win spurred fears of higher US tariffs, according to people familiar with the thinking of policymakers. Most Read from Bloomberg A depreciating yuan will lower the cost of Chinese goods, potentially leading […]
CashNews.co The venue of the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan. File | Photo Credit: Reuters India, as part of the Like-Minded Developing Countries bloc, stood firm in calling for equitable financial support from developed nations at the ongoing COP29 climate negotiations, multiple sources from the grouping said here. Concerns were […]
CashNews.co – ADVERTISEMENT – Zachary Pettet, VP of Fintech Strategy at Money20/20, and Rohit Chopra, Director of the Consumer Financial Protection Bureau. Photo credit: Ronak M. Jani Photo credit: Ronak M. Jani Las Vegas, NV (October 28, 2024) – Money20/20, the world’s largest fintech event, returned to Las Vegas last week, bringing together industry leaders, […]
CashNews.co The Rexas Finance token (RXS) is capturing attention with its strong price projections in the crypto market. This digital asset promises significant returns, fueled by innovative real-world asset (RWA) tokenisation strategies. Investors eyeing 2025 could see the RXS token reach $10, marking an impressive 5,000% increase from its launch. By 2030, experts project RXS […]