As the 13th BRICS Summit was recently held and chaired by India, the Peopleās Forum on BRICS (a network of peopleās movements, progressive civil society organizations, and trade unions) is convening a 5-day online...
In September, the World Bank announced that it would discontinue the publication of the Doing Business Report and Ranking (DBR). This overdue decision came after a series of internal audits and an investigation that...
AĀ new reportĀ released today by Centre for Financial Accountability India and Recourse reveals how Indiaās 7th largest commercial bank ā Federal Bank Limited ā has turned its back on new coal. The bank receivedĀ a $126...
Indian banks and financial institutions are lagging behind international financial institutions in helping control the climate crisis, research shows.
Indian banks and financial institutions, including the State Bank of India (SBI), ICICI, Axis Bank, the...
Indian banks and financial institutions are lagging behind international financial institutions in helping control the climate crisis, research shows. Indian banks and financial institutions, including the State Bank of India (SBI), ICICI, Axis Bank,...
Six weeks before the Ministry of Environment, Forests and Climate Change released a Consultation Paper with several proposals to amendment in the Forest (Conservation) Act, 1980, it had sent a letter to Principal Secretaries,...
Six weeks before the Ministry of Environment, Forests and Climate Change released a Consultation Paper with several proposals to amendment in the Forest (Conservation) Act, 1980, it had sent a letter to Principal Secretaries,...
Six weeks before the Ministry of Environment, Forests and Climate Change released a Consultation Paper with several proposals to amendment in the Forest (Conservation) Act, 1980, it had sent a letter to Principal Secretaries,...
Six weeks before the Ministry of Environment, Forests and Climate Change released a Consultation Paper with several proposals to amendment in the Forest (Conservation) Act, 1980, it had sent a letter to Principal Secretaries,...
India's power ecosystem, which depends overwhelmingly on coal to meet the country's baseline electricity demand, is suddenly faced with an acute coal shortage. Even when the Coal Ministry tried to play down the coal...
Indiaās 7th-largest commercial bank, Federal Bank Limited, has turned its back on new coal, according to aĀ new reportĀ released October 7, 2021.Ā
The bank is a key lender to firms such as Jindal Steel Works (JSW)...
Federal Bank LimitedĀ will discontinue financing of any new-coal related projects, including coal-fired power projects. The announcement comes on the heels of the equity infusion from the International Finance Corporation (IFC) in July 2021.
The union government is bent upon privatising the Life Insurance Corporation of India. They stealthily announced an amendment to the LIC Act by making a statement in the Union Budget 2021 and made it...
IFCās āApproach to Greening Equity in Financial Institutionsā (Green Equity Approach or GEA), which IFC piloted in 2019 and published in September 2020, commits the IFC to end equity investments in financial institutions that...