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India withdraws bid to host annual UN climate talks in 2028

India withdraws bid UN climate talks

SINGAPORE, April 8 (Reuters) – India has withdrawn its offer to host the United Nations ​annual climate Conference Of the ‌Parties (COP33) in 2028, two government officials familiar with the matter told Reuters. India communicated its ​decision to not host the ​conference this month, the officials said, ⁠but it was not immediately clear ​why the government had pulled out. ​The officials declined to be named as they are not authorised to speak to the ​media. Prime Minister Narendra Modi had proposed ​hosting the summit in 2023. The federal ministry ‌for ⁠environment and climate change did not immediately respond to a

Indian billionaire Gautam Adani to seek dismissal of US SEC fraud case by April 30

April 8 (Reuters) – Adani Green Energy on Wednesday said group chair Gautam Adani and his nephew Sagar ​Adani plan to seek dismissal of a civil ‌suit stemming from an alleged bribery scheme filed by the U.S. Securities and Exchange Commission in a New York court by ​April 30. This report is given by Reuters. The Sen Times holds no responsibility for its content.

India raises fertiliser subsidy as US-Iran war lifts global prices

NEW DELHI, April 8 (Reuters) – India on Wednesday raised its nutrient-based subsidy for summer-sown crops by ​11.6% from a year earlier to shield ‌farmers from rising global fertiliser prices following the U.S.-Israeli war with Iran. The cabinet approved a nutrient-based subsidy scheme worth ​415.34 billion rupees ($4.50 billion) for the summer ​crop season, Information Minister Ashwini Vaishnaw said. The government ⁠aims to ensure that farmers continue to ​get a 50-kg bag of diammonium phosphate (DAP) at the ​current price of 1,350 rupees despite the rally in global prices, Vaishnaw said. India, where farming is a mainstay, imports fertilisers ​such

World Bank says South Asia growth to slow to 6.3% in 2026 amid Middle East conflict

NEW DELHI, April 8 (Reuters) – South Asia’s growth is expected to slow to 6.3% in 2026 from 7.0% in 2025 as the conflict in the Middle-East and disruptions in global ​energy markets weigh on the import-dependent region, the World Bank said on ‌Wednesday. In its latest South Asia Economic Update, the bank said growth should recover to 6.9% in 2027, while the region would remain the fastest growing among emerging market and developing economies. The World Bank said the outlook ​was highly uncertain because South Asia depends heavily on imported energy and is ​vulnerable to spillovers from the Middle

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