Central banks push green finance as global warming losses rise to $160 b

With insurers shouldering a record $160 billion in climate-related losses from last year alone, a group, including 30 central banks, called for measures to spur green finance and better assessment of the risks from higher global temperatures. The move, led by the Bank of France, Bank of England and People’s Bank of China, draws the group deeper into a controversial area of policy-making, where they advocate funding for alternatives to fossil fuels. They set out a road-map for authorities to use in prodding executives and investment funds to weigh up…

Read More

Global Finance Officials Pledge to Lift World Economy Out of Slowdown

(WASHINGTON) — Global finance officials are pledging closer cooperation in efforts to lift the world economy out its current slowdown, but tensions persist on a number of fronts between the United States and other nations over trade and other issues. Officials wrapped up the spring meetings of the 189-nation International Monetary Fund and the World Bank on Saturday, expressing hope the slowdown that began last year will be followed by stronger growth in the second half of this year and into 2020. The IMF’s steering committee said all members, in…

Read More

Hold Shriram Transport Finance Company, target Rs 1,181: Emkay Global Financial Services

View of the brokerage- MHCV slowdown resulting in slower disbursements: The domestic MHCVs are showing tepid demand due to high base effect, rural distress, changes in axle norms, leading to surplus capacity and slowdown in real estate. Although the implementation of BSVI emission norms may drive some pre-buying for CVs, the used CV segment is at a downturn as driver-owner is facing surplus capacity with stagnating income levels. We revise our disbursements growth estimates downward to nearly 10 per cent CAGR for FY18-20E from nearly 14 per cent earlier, considering the…

Read More

First impressions of MG ZS SUV – Ford EcoSport’s global rival

During our recent visit to the Silverstone race track for the #MGLive2018 event, we managed to get our hands on the much awaited and highly speculative (for India) MG ZS SUV. The quick drive lasted about ten minutes as we drove around the outer periphery of the racing circuit but later, I had more than ample time to spend with this compact SUV. So while there have been lot of speculation about this being the first offering from MG for India, the recent update is that we will get a…

Read More

Nokia 5.1 Plus Renders Surfaced, Nokia X6 Global Variant Said to Receive Taiwan’s NCC Certification

HIGHLIGHTS Nokia 5.1 Plus renders surfaced The renders show a notch design and a dual rear camera setup Nokia X6 global variant has also received a certification in Taiwan While HMD Global is seemingly busy in making the newly launched Nokia 2 (2018), Nokia 3 (2018), and Nokia 5 (2018) available across the worldwide markets, renders highlighting the Nokia 5.1 Plus have surfaced online. The renders showcase that the unannounced handset includes a notch design. In a separate news, the global variant of the Nokia X6 with model number TA-1103 has received Taiwan’s NCC certification. The Nokia X6 debuted in…

Read More

Nokia 2 and Other HMD Global Phones Will Not Support Project Treble

HIGHLIGHTS Project Treble is not coming to current Nokia family Smartphones don’t have a separate Vendor implementation Absence of Project Treble support will have “no end-user impact” HMD Global has confirmed that Google’s Project Treble will not be a part of any currently available Nokia phones, including the most affordable Nokia 2 and the flagship Nokia 8. The project, which was announced back in May, enables faster Android updates by reducing the burden on device manufacturers. It is available as an architectural change on Android Oreo. Responding a large number of queries related to the arrival…

Read More

Xiaomi Seeks to Reignite Global Push With Spain Launch

HIGHLIGHTS Xiaomi will sell a range of products in its first Western Europe market It will offer the Xiaomi Mi A1 smartphone in Spain Scooters, air purifiers, and coffee makers will also be sold Chinese smartphone maker Xiaomi launched sales in Spain on Tuesday, its first foray into Western Europe as it revs up a stalled global push into other developed markets around Europe and the United States. Xiaomi will initially sell its flagship Mi A1 smartphones, priced at EUR 229 (roughly Rs. 17,200) in Spain from Wednesday as well as internet-connected products including…

Read More

Travellers’ choice: Taj Mahal only Indian monument to figure in top 10 global landmarks

Taj Mahal, the magnificent monument of love, has made it to the top 10 landmarks in the world by securing fifth position in the list. One of the most iconic wonders in the world, the Agra- based imposing white marble structure, a tourist delight, is the only Indian monument to figure in the world’s top 10 Travellers’ Choice awards for Landmarks. Angkor Wat in Siem Reap (Cambodia) topped the list followed by Sheikh Zayed Grand Mosque Center in Abu Dhabi (UAE), Mezquita Cathedral de Cordoba in Cordoba (Spain) and St…

Read More

Asian growth pushes global tourism beyond 1.2bn arrivals

The world’s destinations welcomed a combined total of 1.235 billion international overnight visitors in 2016, driven by the strength of the Asian market. According to the full-year data released this week by the UNWTO, global tourist arrivals increased by 3.9% in 2016, as an additional 46 million travelled overseas compared to 2015. And this growth was led by destinations in the Asia Pacific region, which increased 8% year-on-year, with an additional 24m arrivals taking the region’s total to 303m. This means that Asian destinations now handle approximately a quarter of…

Read More

Student unions sign global accord on HE values

The Bergen Declaration, led by the European Students’ Union and the Norwegian students’ union, Norsk studentorganisasjon, lays out a set of joint principles for what education and student rights should look like. “The Bergen Declaration sets the foundations from which a global student movement can be shaped” “We believe that quality education should be free and inclusive for all, and our education systems should be democratic, built on the principles of academic freedom, and where all students have the right to representation and to self organise,” it reads. It sets out a…

Read More