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TMS, Ep 34: Implication of net-zero goal, Prakash Mallya Q&A, and Fed taper

What will be the economic impact of India's emission-reduction commitments at COP26? What role will Intel play in India's 5G and EV goals? Will the US Fed announce a taper today? All answers here

Climate Change | Carbon emissions | COP

Team TMS 

At the COP26 meeting in Glasgow, Prime Minister Narendra Modi on Monday set forth a five-pronged target for India and its commitment to Net-Zero emissions by 2070. While this is sure to infuse new energy into the summit, we delve into the major implications these targets will have for the Indian economy and the key challenges that will need to be overcome. What role will Intel play in India’s thrust on the 5G technology and electric mobility? What will be the global semiconductor giant’s strategy in the country as more and more Indian players enter the fray, especially with a PLI scheme incentivising local manufacturing? Is the company looking at India seriously as a manufacturing base? In an exclusive interview with Business Standard’s Surajeet Das Gupta, Prakash Mallya, Intel India’s vice-president & managing director for sales, marketing and communications group, answers these and more questions. Expectations are running high for the Federal Reserve to lay out its plans later today to begin supplying less monetary aid to markets.

But will actually pull the trigger and start reducing monetary supply even though GDP numbers for the September quarter were weak and inflation remains sticky? If you are planning to take a home loan from a bank anytime soon, there are some important things related to bank rates that you should know about. BPLR and are some of the terms you would come across. What are these and how do they impact home loan rates? Listen to these and more in today’s Business Standard Morning Show podcast.

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First Published: Wed, November 03 2021. 08:00 IST