Finances
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Over-reported climate change finances form rich nations leaving poor countries underfunded
•CARE also raised concern that many development projects meant to help climate-vulnerable states adapt were financed in the form of loans rather than outright grants.
TikTok, WeChat to be banned in US in 45 days unless sold by parent companies, president Trump issues executive order
•The twin executive orders that will take effect in 45 days, cited national security concerns.
Reset and reboot after COVID-19: The pandemic is India's opportunity to set things right for its healthcare system
Arvind Kasaragod •We should try to decrease the length of stays to what's required as longer anyone stays in the hospital the worse it's for them medically and financially.
Jeff Bezos commits $10 billion to address climate crisis through new Bezos Earth Fund
•He said the grant will fund scientists, activists and NGO's to explore new ways of fighting the impact of climate change.
Republicans block subpoenas for new proof as US Senate debates norms of trial on Day One; moderates force last-minute reversal in pro-Trump rules
•A divided Senate began the impeachment trial of President Donald Trump on Tuesday in utter acrimony, as Republicans blocked Democrats’ efforts to subpoena witnesses and documents related to Ukraine
Aadhaar-insurance linking step towards creating a unified financial services platform, checking frauds
Bindisha •it will now be simple and easy to authenticate our customers, bring in efficiency to our processes while onboarding a customer to settling claims.
ICICI Bank Launches Virtual, Branch-Free Banking
Fp Archives •b2 also offers facilities like an e-wallet - a zero limit prepaid visa card, which can be used for online purchases and to pay utility bills.
Silicon Valley mocks Trump over his tech bubble warning
Fp Archives •Republican presidential candidate Donald Trump warned that a dangerous financial bubble has formed in the technology industry - and Silicon Valley responded with a collective eye roll.
India can still emulate China's export miracle - Panagariya | Reuters
Fp Archives •NEW DELHI India has every chance of becoming an export powerhouse, Prime Minister Narendra Modi's top economic adviser told Reuters, despite an ill wind blowing from China that has hurt the ability of Asia's third-largest economy to compete. Arvind Panagariya, the Columbia University economics professor tapped to run the government's policy think tank last year, said in an interview he had seen China's slowdown coming as wage costs there grew. "It was only a matter of time," said Panagariya, 63, describing "miracle" growth rates sustained by China for decades as without precedent
China seen posting slowest economic growth in 25 years as policy risks grow | Reuters
Fp Archives •BEIJING China is expected to report its weakest quarterly economic growth in nearly seven years on Tuesday, adding pressure on policymakers to take bolder steps to ward off fears of a sharper slowdown that are jolting global financial markets. Chinese leaders have been struggling to put a floor under the economy, even as a fresh plunge in its stock markets and yuan currency have stoked worries from Washington to Wellington that conditions may be rapidly deteriorating. Fourth-quarter gross domestic product (GDP) growth is expected to slow to 6.8 percent from a year earlier, down from 6.9 percent in the third quarter and the weakest since early 2009, according to analysts polled by Reuters.