Page 2 - Economics
European connect: SpiceJet links Amritsar and Italy with one-stop flights
SpiceJet is connecting Amritsar with Rome Fiumicino with a Boeing 737 Max twice a week and will also fly the plane between Amritsar and Milan Bergamo thrice weekly
 "European connect: SpiceJet links Amritsar and Italy with one-stop flights")
Climate change targets pose stark challenge for the developing world
Floods and drought, hurricanes and heat waves will make the path out of poverty much more difficult. But trying to limit climate change poses its own set of problems for the developing world
 "Climate change targets pose stark challenge for the developing world")
Indians think combating global warming is good economics: Report
A significant proportion of the adult population in India appears convinced that steps taken to combat climate change and global warming will actually be good economics
 "Indians think combating global warming is good economics: Report")
Startup funding drops by 80% YoY to $3 bn in Q3 of Calendar 2022: Tracxn
Average ticket size also dips across all funding stages, late-stage sees biggest fall of 70%, indicating that investors aren't willing to make large investments until economic conditions improve
 "Startup funding drops by 80% YoY to $3 bn in Q3 of Calendar 2022: Tracxn")
Crisis Nobels: A reminder sound banking regulation is vital
It may be hard to remember a time when the need to protect the workings of the banking system and possible response to a major crisis was as clearly understood
Former US Fed chair Bernanke, two others win Nobel Prize in Economics
The trio was awarded for research into banking and financial crises
 "Former US Fed chair Bernanke, two others win Nobel Prize in Economics")
Rural tourism to be based on culture, economic characteristics in Rajasthan
The government proposes to develop tourist accommodation facilities including home stay, drinking water, safety, internet connectivity, and caravan parks in partnership with private players.
 "Rural tourism to be based on culture, economic characteristics in Rajasthan")
Can NITI Aayogs replace State Planning Boards to spur economic growth?
Experts believe merely replacing the state planning boards with such bodies won't make them effective
 "Can NITI Aayogs replace State Planning Boards to spur economic growth?")
Indians optimistic on growth outlook amid high inflation: EY study
They are shifting to new brands in search for value, says multi-nation survey
 "Indians optimistic on growth outlook amid high inflation: EY study")
Noted agricultural economist, former CACP chief Abhijit Sen passes away
He had deep knowledge and understanding of India's rural economy, says NITI Aayog member Ramesh Chand
 "Noted agricultural economist, former CACP chief Abhijit Sen passes away")
A remarkable teacher: Remembering D-School's Elizabeth Krishna
Elizabeth Krishna worked at the Delhi School of Economics for about a decade and a half from the mid-1960s to late 1970s as a tutor, or teaching assistant
 "A remarkable teacher: Remembering D-School's Elizabeth Krishna")
Saudi Aramco profit surges to another record on bumper oil market
Saudi Aramco posted the biggest quarterly adjusted profit of any listed company globally driven by high crude prices and production
 "Saudi Aramco profit surges to another record on bumper oil market")
London or Londongrad? What makes the UK a hub for global 'dirty money'
According to reports, the 'questionable funds' in the UK amount to over $125 billion every year. What makes London a hub for money laundering? Find out here
 "London or Londongrad? What makes the UK a hub for global 'dirty money'")
Govt releases Natural Resource Accounting to track mineral, energy deposits
The asset accounts would help identify alternate economic and energy-based resources, and aid in developing an ecosystem for containing illegal mining
 "Govt releases Natural Resource Accounting to track mineral, energy deposits")
Temasek bullish on Indian start-ups, renew energy despite slowdown overseas
Top executives of Temasek, which has doubled its India portfolio in the past five years to $16 billion, said the fund made several successful exits from India in FY 22
 "Temasek bullish on Indian start-ups, renew energy despite slowdown overseas")
Securitisation volumes jump 70% to Rs 35,000 cr in Q1: CRISIL report
The Reserve Bank of India defines securitisation as transactions where credit risks in assets are redistributed by repackaging them into tradable securities
 "Securitisation volumes jump 70% to Rs 35,000 cr in Q1: CRISIL report")
G20 has a Russia-Ukraine problem as India takes up presidency next year
The war has cleaved the group, stalling much of the preparatory work on more substantive issues
 "G20 has a Russia-Ukraine problem as India takes up presidency next year")
Asian Paints sees scope to reinvent amid continuing global uncertainties
Chairman Deepak Satwalekar tells investors at AGM that the firm's network penetration and brand strength saw its decorative business deliver 31% growth by volume and 36% by value in FY22
 "Asian Paints sees scope to reinvent amid continuing global uncertainties")
How rupee shrugged off the fragile tag and outperformed despite shocks
The domestic currency has fared better than many of its emerging market peers
 "How rupee shrugged off the fragile tag and outperformed despite shocks")
Politics & economics: A strange role reversal
Politics had assumed growth to be the autonomous variable which happened on its own but distribution to be in need of state intervention
