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Onion prices in India are anticipated to decrease further due to the arrival of the new kharif crop. The government has been selling onions from its buffer stock at subsidized rates to combat recent price increases. Over 4,850 tonnes of onions have been transported via railway to major cities, including Delhi, to enhance supply and stabilize prices.
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News and Media
India witnessed its highest-ever monthly electronic toll collection in October, reaching 6,114.92 crore. This surge, a 7.6% increase from the previous six-month average, signals robust economic activity driven by festive spending and increased travel during Dussehra and Diwali.
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News and Media
Nearly 200 countries are meeting in Azerbaijan to discuss a new climate finance goal. The goal is to help the worlds poorest economies deal with climate change. Developed countries are saying they do not have enough money. They are suggesting a large part of the funding should come from private sources like banks.
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News and Media
Negotiations for a new climate finance goal at COP29 in Baku hit a roadblock as developing countries, including the G77 and China, rejected proposals that they perceived as shifting the financial burden away from wealthy nations. The developing countries insist that developed countries should bear the primary responsibility for providing climate finance, as stipulated in the existing agreements.
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News and Media
Nokia acquired Rapid, the world's largest API hub and marketplace. The Finnish company aims to increase revenue from its 4G and 5G networks. Nokia seeks to capitalize on the growth of artificial intelligence. The deal grants Nokia ownership of Rapid's technology and research unit. This allows clients to integrate networks, manage API usage, and collaborate with developers.
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News and Media
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