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What are the virtues of Planning in the (Economy Aspects)??

By
Team Happen Recently
-

What are the virtues of Planning

Planning plays a crucial role in economic development and management. It involves the systematic allocation of resources, setting goals, and establishing a roadmap to achieve those objectives. In the context of an economy, planning offers several virtues and advantages that are essential for sustainable growth and development. Here, we will delve into some key aspects of economic planning and the virtues associated with it.

  • 1. ** virtues of Resource Allocation**: Economic planning allows for efficient allocation of resources. By identifying the most pressing needs and priorities, a planned economy can direct resources, such as capital, labor, and materials, to areas where they are most needed. This minimizes waste and ensures that resources are utilized to their full potential.
  • 2. ** virtues of Stability and Predictability**: Planning provides a level of stability and predictability in the economy. When a government or central authority sets economic targets and policies, it helps reduce fluctuations and uncertainty. This, in turn, promotes investor confidence and encourages long-term economic planning.
  • 3. **Economic Growth**: One of the primary virtues of economic planning is its potential to drive economic growth. Through strategic planning, a nation can identify key sectors and industries that have the potential for growth and direct resources toward them. This can result in increased productivity, higher GDP, and improved living standards.
  • 4. **Social Equity**: Planning can be used to address issues of income inequality and social justice. By implementing policies that promote fair distribution of resources and opportunities, planning can help reduce disparities between different segments of the population.
  • 5. **Infrastructure Development**: A planned economy can prioritize infrastructure development, including transportation, energy, and communication networks. This is crucial for economic development as it enhances the overall productivity of the economy and can attract investments.

9. **Counteracting Economic Shocks**: Planned eco6. **Environmental Sustainability**: Economic planning can incorporate sustainability goals, which are becoming increasingly important in the face of environmental challenges. By setting targets for reducing carbon emissions, conserving natural resources, and promoting clean technologies, planning can help steer the economy towards a more sustainable future.

7. **Innovation and Research**: Economic planning can foster innovation by allocating resources to research and development (R&D) activities. Encouraging innovation can lead to the development of new technologies and products, giving the economy a competitive edge in the global market.

8. **Strategic Trade Policies**: Through planning, governments can develop trade policies that support domestic industries. This can involve protective measures to nurture infant industries or strategic trade agreements to promote exports. These policies can enhance the nation’s international competitiveness.

9. **Long-term Vision**: Economic planning encourages a long-term vision for the nation’s economic development. Rather than focusing solely on short-term gains, planning encourages leaders to consider the future and make decisions that will benefit the country in the long run.

10**Improved Quality of Life**: Ultimately, the goal of economic planning is to improve the overall quality of life for the population. This includes access to healthcare, education, housing, and other essential services. Planning can ensure that these services are available and affordable to all citizens.

11 **Global Competitiveness**: In an increasingly interconnected world, economic planning can help a country position itself competitively in the global marketplace. By identifying opportunities and threats, planning can guide a nation in making strategic decisions regarding international trade and investment.

In conclusion, economic planning offers a multitude of virtues that are essential for the effective management and development of an economy. From resource allocation and stability to social equity and environmental sustainability, planning plays a pivotal role in shaping a nation’s economic future. While it’s important to recognize the benefits of planning, it’s equally crucial to strike a balance between planned and market-driven economic systems, as each approach has its own strengths and weaknesses.

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How can we better Utilize AI technology in the healthCare System??

By
Team Happen Recently
-

AI Technology in the healthCare System??

Using AI technology in healthcare can significantly improve patient outcomes, streamline administrative processes, and enhance the overall healthcare system. To better leverage AI in healthcare, several key strategies and considerations should be taken into account.

  • 1. **Early Disease Detection and Diagnosis**: AI technology can analyze medical images and patient data to detect diseases like cancer, diabetes, and cardiovascular conditions at an earlier stage. This can lead to more effective treatments and higher survival rates.
  • 2. **Personalized Treatment Plans**: AI technology algorithms can analyze patient data to create personalized treatment plans. By considering an individual’s genetics, medical history, and lifestyle, AI can help physicians make more informed decisions about treatments and medications.
  • 3. **Drug Discovery and Development**: AI technology can significantly expedite the drug discovery process by simulating drug interactions, predicting potential side effects, and identifying promising compounds. This can lead to the development of new, more effective medications.
  • 4. **Telemedicine and Remote Monitoring**: AI- technology powered telemedicine platforms can provide access to healthcare for remote and underserved populations. Remote monitoring of vital signs and chronic conditions allows for real-time patient care and reduces the need for in-person visits.
  • 5. **Electronic Health Records (EHRs)**: AI can improve the management and analysis of electronic health records, making it easier for healthcare providers to access and interpret patient data. This can enhance care coordination and reduce errors.
  • 6. **Chatbots and Virtual Assistants**: AI-driven chatbots and virtual assistants can provide patients with instant answers to common healthcare questions and assist with appointment scheduling, medication reminders, and post-operative care instructions.

7. **Predictive Analytics**: AI can predict disease outbreaks and healthcare trends, enabling healthcare systems to allocate resources more effectively. Predictive analytics can also identify high-risk patients who may require additional care and intervention.

8. **Administrative Efficiency**: AI can streamline administrative tasks such as billing, claims processing, and appointment scheduling, reducing administrative overhead and allowing healthcare providers to focus more on patient care.

9. **Data Security**: With the vast amount of sensitive patient data involved, data security is crucial. AI can be used to enhance cybersecurity measures and protect patient information from breaches and unauthorized access.

10. **Ethical Considerations**: It is essential to address the ethical issues surrounding AI in healthcare, including patient data privacy, algorithm bias, and the impact on healthcare professionals. Transparent and ethical AI development and usage are critical.

11. **Regulatory Compliance**: Healthcare AI systems must adhere to strict regulatory requirements, such as HIPAA in the United States. Ensuring compliance is crucial to avoid legal and privacy issues.

12. **Training and Education**: Healthcare professionals need training to understand and effectively use AI technologies. Continuous education can help them make informed decisions about patient care and treatment options.

13. **Cost-Effectiveness**: While AI can provide numerous benefits, it’s important to consider the cost-effectiveness of implementing these technologies. Healthcare organizations should evaluate the return on investment and prioritize AI applications that provide the most significant value.

14. **Interoperability**: Different healthcare systems and devices need to communicate effectively to leverage AI fully. Developing standardized data formats and interfaces can enhance interoperability.

15. **Patient Engagement**: Involving patients in their own care and treatment decisions is crucial. AI can provide patients with information and insights to make informed choices about their health.

16. **Research Collaboration**: Encouraging collaboration between AI researchers, healthcare professionals, and institutions can accelerate the development and adoption of AI solutions in healthcare.

17. **Feedback and Improvement**: Continuous feedback loops and monitoring are essential to refine AI algorithms and systems. Regularly updating and improving AI technologies can enhance their effectiveness.

In conclusion, AI technology has the potential to revolutionize the healthcare system. To better utilize AI in healthcare, it is essential to focus on early disease detection, personalized treatment plans, drug discovery, telemedicine, and administrative efficiency. Additionally, addressing ethical considerations, regulatory compliance, and data security is crucial. Healthcare professionals must be educated on AI technologies, and a patient-centric approach should be adopted. Collaboration and ongoing feedback are also vital for the successful integration of AI into the healthcare system. By addressing these key strategies and considerations, healthcare can harness the power of AI to provide more efficient, effective, and patient-centered care.

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The largest development partner of Bangladesh: India

By
Team Happen Recently
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The largest development partner of Bangladesh: India being proud

India is indeed one of the most significant development partners of Bangladesh, playing a pivotal role in fostering economic growth, infrastructure development, and strengthening diplomatic ties between the two countries. This partnership is rooted in historical, geographical, and cultural connections, and it has evolved into a multifaceted relationship that spans various sectors. In this article, we will explore the various dimensions of India’s role as the biggest development partner of Bangladesh.

  • **Historical Bonds:**
  • India and Bangladesh share a complex history that includes their struggle for independence from British colonial rule in the mid-20th century. The bonds formed during this period have continued to shape the relationship between the two nations. India played an instrumental role in supporting Bangladesh’s independence movement in 1971, leading to the birth of the new nation. This historical connection laid the foundation for the development partnership that exists today.
  • **Economic Cooperation:**
  • India has been a significant contributor to Bangladesh’s economic development. Trade relations between the two countries have flourished, with bilateral trade reaching billions of dollars. India’s investments in various sectors, including textiles, manufacturing, and agriculture, have helped boost Bangladesh’s economic growth. Furthermore, India’s expertise in the IT and software industry has supported the growth of the Bangladeshi IT sector.

**Infrastructure Development:**

India has been actively involved in infrastructure development projects in Bangladesh. One of the most prominent examples is the construction of the Akhaura-Agartala railway line, which connects the northeastern states of India with Bangladesh. This project not only facilitates trade but also strengthens people-to-people connectivity between the two countries. India has also been involved in building bridges, roads, and ports in Bangladesh, contributing to the nation’s transportation and connectivity.

**Energy Cooperation:**

Energy cooperation is another critical aspect of the development partnership. India has supplied electricity to Bangladesh, helping address the country’s energy deficit. The supply of power through various transmission lines has significantly improved the energy situation in Bangladesh, boosting industrial growth and improving the quality of life for its citizens.

  • **Diplomatic Relations:**
  • India and Bangladesh maintain strong diplomatic ties. Both nations regularly engage in high-level discussions to address common concerns and promote regional stability. The annual summit meetings between the leaders of the two countries have led to the signing of several important agreements and memoranda of understanding, deepening their cooperation in various areas.
  • **Security Cooperation:**
  • Security cooperation between India and Bangladesh is crucial for ensuring regional stability. Both nations share a common interest in countering terrorism, human trafficking, and transnational crimes. Intelligence sharing and joint efforts to combat these challenges have been instrumental in maintaining peace and security in the region.
  • **Cultural and People-to-People Ties:**
  • Cultural ties and people-to-people interactions play a vital role in the relationship between India and Bangladesh. The two countries share a rich cultural heritage, with a common love for music, literature, and art. Exchange programs, cultural festivals, and academic collaborations further strengthen these ties. The flow of tourists between the two countries has also been on the rise, promoting mutual understanding and tourism.
  • **Humanitarian Assistance:**
  • India has provided humanitarian assistance to Bangladesh during times of need. For example, India extended a helping hand during the Rohingya refugee crisis, offering support to Bangladesh in managing the massive influx of refugees from Myanmar. This gesture underlines India’s commitment to its neighbor in times of crisis.
  • **Healthcare and Education Collaboration:**

Collaboration in healthcare and education is another dimension of the development partnership. India has extended support in building healthcare infrastructure in Bangladesh, including the construction of hospitals and medical colleges. Additionally, scholarships and exchange programs enable Bangladeshi students to pursue higher education in India, fostering academic and research ties.

In conclusion, India’s role as the biggest development partner of Bangladesh is a multifaceted and dynamic one. It is based on a shared history, geographical proximity, and a common vision for regional growth and stability. This partnership encompasses economic cooperation, infrastructure development, energy supply, security collaboration, cultural ties, and much more. As India and Bangladesh continue to work together, their partnership is expected to further enhance the socio-economic development and well-being of both nations while contributing to regional peace and prosperity.

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Delhi NCR: Construction ban if ‘severe’ air quality persists Environment Minister Gopal Rai (centre) .

By
Team Happen Recently
-

Construction ban if ‘severe’ air quality in Delhi NCR

  • Diesel buses coming from NCR states are banned from entering the city from Wednesday; Only CNG, electric and BS-VI compliant buses are allowed.
  • Environment Minister Gopal Rai said on Wednesday that construction activities would stop within a one-kilometre radius of pollution hotspots in the city if the air quality in these areas remained “severe” for a period of time.

Wednesday was the fifth consecutive day that Delhi’s overall air quality remained in the ‘very poor’ category, according to Central Pollution Control Board (CPCB) data. Air quality in some areas of the capital is considered “severe” and the city’s air could be “very poor” for the rest of the week.

The data showed that at 4 p.m., the average 24-hour air quality index was 364, compared to 351 the previous day. Values ​​between 0 and 50 on the AQI are considered “good”, 51 and 100 “satisfactory”, 101 and 200 “acceptable”, 201 and 300 “poor”, 301 and 400 “very poor”, and 401 and 500 “severe”. “..”.’.

Bus entrance

Speaking to reporters after a review meeting with various departments involved in the fight against air pollution, Rai added that the Delhi government will ban entry of diesel buses from NCR states and will allow only CNG, electric and BS VI compliant buses from Wednesday. .

“To supervise this, 18 teams consisting of six members each have been formed. Of these, four are from the transport department and two from the Delhi Traffic Police.

The minister also said that Delhi Metro has been asked to increase the frequency of trains while Delhi Transport Corporation has been directed to employ 1,000 special Paryavaran buses running on CNG by November 10.

The Public Works Department has also been directed to deploy mobile anti-smoke weapons at construction sites to reduce dust pollution. Rai said the Municipal Corporation of Delhi (MCD) has been directed to mix dust retardants in sprinklers for use not only in hotspot areas but across the city. Meanwhile, in a statement, the civic body said it has allocated Rs 20 lakh to each district to improve air quality management.

MCD District Funding

He added that the amount will be provided to all MCD areas to improve air quality over the next three days by increasing machinery and manpower to reduce dust pollution.

Every winter, air pollution increases in the national capital and some parts of northern India, mainly due to meteorological factors and stubble burning.

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Source: www.thehindu.com

“Wheelhouse Lounge’s Spectacular Halloween Gala Brings Together Mumbai’s Brightest Minds, Influencers, and Glamour for a Night of Networking, Style, and Celebration”

By
Team Happen Recently
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Wheelhouse Lounge's

Mumbai, 31st October, A grand Halloween celebration at Wheelhouse Lounge, a renowned hub for social gatherings and networking, was mesmerizingly transformed into a haunted hotspot on Halloween night, hosting an exclusive event that brought together bloggers, entrepreneurs, and the stunning Miss Mumbai finalists. The event was a spectacular fusion of business, fashion, and fun, making it a memorable night for all attendees.

The Halloween soirée kicked off in style with a red carpet entrance adorned with eerie decorations and a macabre ambiance. The gathering was attended by a mix of business-savvy entrepreneurs, influential bloggers, and the dazzling Miss Mumbai finalists, creating a unique and diverse atmosphere that blended the worlds of business and fashion seamlessly.

“In an exciting one-on-one interview done by Rajveer Singh from timesnowbusiness.com, who had the pleasure of talking to the Director of the Miss Mumbai Pageant, Mrs. Soumya Singh and Some of the Prominent Bloggers like : Anagha Sonawane, Uzma Savardekar, Jyoti Rolla, Nikhil Ojha, Akash Singh, Jaya Singh, Rajdev Singh Aulakh, Prathamesh Shah, Pratibha Bhadauria, Shubham Kothari, Aniket Bangar, Riya Shah, Irfan Shaukat, Ketan Patil, Gokul Pillai and Suraj Shinde.

The profound expertise of these influential bloggers in the field of food and gastronomy along with their creative thoughts & the experience of reel creation left a lasting impression. Moreover, their boundless enthusiasm and authentic engagement during the interview transformed this Halloween event into an enchanting and indelible experience.

Throughout the evening, business discussions were interspersed with fashion and fun. Entrepreneurs had the opportunity to network with bloggers, exchanging ideas and insights. The Miss Mumbai finalists added a touch of glamour to the event, sharing their experiences and vision with the attendees.

Guests enjoyed a delightful menu specially crafted for the occasion, featuring a fusion of flavors that tantalized the taste buds. From witch’s brew cocktails to delectable finger foods, Wheelhouse Lounge ensured that the Halloween event offered both sustenance and style.

Wheelhouse Lounge owned by partners – Capt Presenjeet Kumar, Kaptan Malik, Surrender Verma and Sumeet Singh has consistently been a hub for fostering connections, and this Halloween event exemplified their commitment to providing a platform for professionals and enthusiasts to come together in a dynamic and creative atmosphere.

Wheelhouse Lounge spared no expense in creating an atmosphere that embraced the Halloween spirit. The venue was transformed into a ghostly wonderland, featuring chilling decorations, spine-tingling cocktails, and enchanting live entertainment. Attendees arrived in costume, showcasing their creativity and adding to the spooky atmosphere.

Latest = https://happenrecently.com/swapnil-kumar-dudhare/

During the Battle of Pegasus, Warfare repaired the Watch

By
Team Happen Recently
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  • Weaknesses in the intrusive surveillance framework are causing serious damage to India’s democratic ideals. There are several documented cases of advanced spyware being used against human rights defenders in India.
  • More than a dozen opposition leaders and journalists received an email notification from tech giant Apple informing them that their digital devices had been targeted by “state-protected attackers.” In this article, dated July 22, 2022, Anushka Jain and Krishnesh Bapat analyze the implications of Project Pegasus’ discoveries. It has been a year since Project Pegasus’ findings revealed a threat to Indian democracy. A leading digital news platform reported that the mobile phones of at least 300 Indians were hacked using Pegasus, the spyware of the Israel-based NSO Group; The ten cases were confirmed through forensic analysis conducted by Amnesty International’s Security Laboratory. The victims, important members of India’s constitutional order, included ministers, opposition leaders, journalists, judges and human rights defenders.

India has known about Pegasus since October 30, 2019, when WhatsApp confirmed that the spyware was being used to exploit vulnerabilities in its platform to target activists, academics, journalists and lawyers in India. Since then, NSO has been improving its technology, and Pegasus can now infect devices without any user action. Given the seriousness of the threat posed by these revelations and the credibility of the evidence supporting them, it is important to examine how each branch of the Indian state has responded, or failed to respond, to how to protect citizens’ privacy.

Official indifference and obfuscation

It is expected that law enforcement will provide the first response and government agencies will respond with action based on the severity of the disclosure. But on July 19, 2021, Electronics and IT Minister Ashwini Vaishnau, referring to “reports dated July 18, 2021,” refused to directly address Project Pegasus’ complaints; They claim that the current legal framework prevents unauthorized surveillance.

On November 28, 2019, former Electronics and IT Minister Ravi Shankar Prasad had a similar reaction to allegations of use of Pegasus. A New York Times report dated January 31, 2022 contradicted both statements and stated that “India purchased Pegasus in 2017 as part of a $2 billion defense package.” The indifference of ministers is also reflected in professional agencies.

In response to the Project Pegasus revelations, CERT-IN, the nodal agency for India’s Computer Emergency Response Team, which deals with cybersecurity threats, has remained silent. However, WhatsApp’s 2019 statement forced CERT-In to issue notices to NSO and WhatsApp on November 26, 2019. But the agency did not provide any updates on what happened.

  • Judicial response
  • When it became clear that there was no response from the executive and legislative authorities, the victims resorted to the judiciary to demand compensation. So, on August 5, 2021, the victims went to the Supreme Court of India, where they proved that forensic analysis showed that their phones were infected with the virus.
  • We do not accept any responsibility
  • Perhaps commentators were quick to realize that the Pegasus flight represented India’s “Watergate moment.” After the Watergate scandal, the institutional response in the United States held President Richard Nixon and others accountable, with all branches of the state moving to rein in the abuse of power. But in India, the narrative certainly persists as a formal stone wall.

Law review

There is a need to review surveillance laws to prevent indiscriminate surveillance of people and organizations by the state and the private sector. The Information Technology Act 2000 and the Indian Telegraph Act 1885 give the government powers of surveillance, concentrating powers of surveillance in the hands of the executive and not providing for independent judicial or parliamentary oversight. These laws date back to a time before spyware such as Pegasus was developed, and are therefore inappropriate for the modern surveillance industry.

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Source: www.thehindu.com

How cargo transport can be improved

By
Team Happen Recently
-

How cargo transport can be improved (Indian Railways)

Heavy Load: A freight train moving near Tuticorin port.

By connecting two or three open coaches to all popular trains, ensuring their timely movement and changing fare regulations, Indian Railways will be able to load a reasonable amount of general freight with large tonnage in the coming years.

This is the latest in a three-part series on Indian Railways,(cargo) capital expenditure and freight business.

In this article, we will analyze the bulk and general cargo transportation of Indian Railways (IR). In 2018-19, before the Covid-19 pandemic, IR transported 62 million tonnes of general cargo, including 45 metric tonnes of general cargo, 12 metric tonnes of domestic containers and 5 metric tonnes of parcels, with a combined total of Rs 8,247 crore. The average profit per ton is INR 1,339 for goods and INR 3,384 for parcels. However, the total freight tonnage is lower than what a study by the Indian Railway Economic and Technical Services (RITES) in 2008 predicted over the next 10 years: between 194 and 292 tons depending on the effort.

Necessity of abandoning parcel ships

The current IR strategy for general cargo transportation is two-pronged: parcels are transported by passenger trains or special heavy parcel vessels (VPH). However, these methods appear to be becoming a problem as loads of charter parcel trucks and full parcel ships have decreased by 15% and 8% respectively.

One of the reasons for the decline of the parcel industry is the rise in shipping rates. Analysis of 15 origin-destination pairs shows that premium (P) and Rajdhani (R) fares, after including first- and last-mile costs, are higher than truck fares, that is, excluding freight to destinations in the Northeast. Other factors include inadequate terminals, inconsistent demand, as well as excessive criminal penalties, unreliable transit times, complex booking and delivery mechanisms, and self-imposed environmental restrictions. VPH parcel trains have proven to be counterproductive and should be abandoned. A properly covered dolly (technically a heavy-duty air brake dolly (BCNHL)) carries 700% more payload and 45% more mass. Even if we cut the P scale rate in half, the resulting revenue would be 3.5 times the amount of VPH.

Insufficient containers

Another big hope for IR is the expected push for general cargo transportation by private container ship operators (CTOs) through container shipping. However, after 15 years of privatization, domestic containerized goods account for only 1% of IR goods and 0.3% of the total national transportation. High shipping rates are one reason for the inefficiency. The problem may also lie in the risks associated with the development of the market, as it will inevitably lead to losses over time. Moreover, maintaining a growing market is also difficult because predatory pricing by other major technology managers can weaken the market.

The way forward

General loads are divided into three types: high-time-sensitive (HTSG), medium-time-sensitive (MTSG), and non-time-sensitive (LTSG).

HTSG goods are essentially valuable or perishable goods that need to continue to be transported by passenger ships. Connecting two or three cars to all popular trains would easily double the parcel capacity, and these parcel cars could carry five times more revenue than sleeping cars and about twice as much air-conditioned cars.

MTSG and LTSG loads are rate sensitive and must be transported at IR freight rates, which are lower than truck rates. Even after adding first and last mile costs, freight forwarders still have a cost advantage. But the problem is that the ship must be fully loaded. Freight companies should be allowed to reserve individual cars capable of running trains on schedule even when the train is not fully loaded. Ensuring timely movement will certainly attract shipping companies to international relations. Managing these freight trains does not require a change in policy, just a change in thinking. It is necessary to change the customs tariff regulations by adding any freight charges (FAK) for rolling stock to the tariff table. Return of the cart should be encouraged.

To encourage volumetric loading, speed can also be regulated by increasing the plate speed based on the quantity loaded. Finally, IR should incentivize freight aggregators by changing the current policies of freight forwarders. In the longer term, new types of locomotives will also be needed to improve loads and speeds, which IR and the rolling stock industry are fully capable of designing and delivering. Opportunities have been missed in the past. But now, with more coordinated efforts, IR will be able to transport a significant amount of general cargo tonnage in the coming years. Sudhanshu Mani is Vande Bharat Project Leader and Independent Railway Consultant, M. Ravibabu is a founding member of Anekdhara, a public policy portal.

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Source: www.thehindu.com

Climate finance review: the case of red ink circles

By
Team Happen Recently
-

Climate finance Review

Climate finance plays an important role in maintaining developing countries’ confidence in future climate change negotiations. Issues related to climate finance are likely to be the focus of the Conference of the Parties (COP 28) meeting (30 November – 12 December) in Dubai, in the context of Climate Change 2023: Synthesis report provides important input for global scientists’ assessments at COP The report indicates that the current temperature rise of 1.1 degrees Celsius is responsible for recurring dangerous weather conditions, which will be included in the global assessment.

  • This amount is insufficient given the challenges facing developing countries in transitioning to a low-carbon development path capable of adapting to climate change. Providing financing to developing countries is an implementation of the basic principle of common but differentiated responsibilities and corresponding capabilities.

Full climate finance estimates

Developed countries are obligated to provide financial resources to developing countries. Under Article 9 of the Paris Agreement on climate change, developed countries are also required to provide information in their biennial update reports (BURs) on the financial resources they have provided, as well as the expected level of public financing to be made available. To developing countries. 

  • The Paris Agreement builds on the decisive efforts of all parties set out in their nationally determined contributions, which include the mitigation efforts each party will undertake over the next five years. All NDCs combined provide the probability of exceeding the 1.5°C target temperature. Considering the needs of countries of the Global South as expressed in their Nationally Determined Contributions, the amount identified for the first time is close to US$6 trillion by 2030. For India, the third Biennial Update Report stated that the need for its financial needs arises from its Nationally Determined Contributions for Adaptation and mitigation. . In the period 2015-2030, this amounts to US$206 billion and US$834 billion, respectively.

Most of the financing needed to transition from conventional systems to cleaner, low-carbon energy systems will not be financed through the financing mechanisms set out in the agreement. United Nations framework on climate change. Moreover, India reiterated its call for a just transition at COP27 as “3.6 million people across 159 districts in India participate in the fossil fuel economy through direct or indirect jobs related to coal mining, coal and the power sector.” They will need to be supported with appropriate economic and livelihood opportunities.

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The strong political will, remarkable urgency and enlightened self-interest of Global North elites were clearly demonstrated in the collapse of global public interest (well. global financial regulation) in 2009-2010, when G20 governments responded quickly to the global crisis. The global financial crisis, mobilizing $1.1 trillion within a few weeks to support the International Monetary Fund and multilateral development banks to rescue the global financial system. Unfortunately, these elements are missing when it comes to transferring the climate finance needed from developed to developing countries to protect another global commons: the atmosphere.

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Source: www.thehindu.com 

Apple warns of cyber attack: The opposition is pressuring the government

By
Team Happen Recently
-

Apple warns of cyber Attack to opposition leaders

Several politicians and journalists said they had received warnings from the tech giant that their devices were being targeted by “state-sponsored attackers”; Government Promises investigation, calls curious claims ‘vague’.

  • More than a dozen opposition leaders and journalists received an email notice from US tech giant Apple on Monday evening, informing them that their digital devices had been “compromised by hackers of the targeted state sponsor”. The Union government on Tuesday said it would conduct an investigation into the concerns, even as Electronics and IT Minister Ashwini Vaishnau termed the spying allegations made by the opposition as “vague”.
  • Prominent opposition leaders who posted screenshots of these messages on social media include Congress chief Mallikarjun Kharge, Trinamool Congress MP Mahua Moitra, Samajwadi Party chief and former Uttar Pradesh chief minister Akhilesh Yadav, Communist Party of India (Marxist) general secretary Sitaram Yechury and Congress . MPs Shashi Tharoor and K.C. Venugopal. Former Congress president Rahul Gandhi told reporters that his office workers also received the notice. Gandhi alleged that the “intrusion” took place when the opposition leaders “groped” industrialist Gautam Adani. Ms Moitra made similar accusations later in the day, saying on X (formerly Twitter) that the episode was a “desperate distraction” from reporting on alleged corrupt dealings related to the Adani Group.

warning

“Apple believes you are being targeted by state-sponsored attackers who are trying to remotely compromise the iPhone linked to your Apple ID,” the warning read.

“These attackers may target you personally because of who you are or what you do… If your device is compromised by a state-sponsored attacker, they could remotely access sensitive data, communications, or even your camera and microphone.

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Source: www.thehindu.com

Gold demand loses  its appeal at the  peak  of the holiday  season  when  prices  rebound  

By
Team Happen Recently
-

 Gold prices near record highs could dampen demand in India during the peak  festive  season and lead to the lowest  buying  volumes in three years, the World Gold Council (WGC) said on Tuesday.  

 Gold prices near record highs could dampen demand in India during the peak  festive  season and lead to the lowest  buying  volumes in three years, the World Gold Council (WGC) said on Tuesday. 

  India is the  world’s second-biggest  gold  consumer  and  reduced gold  purchases could limit  global  price increases. Lower gold import  demand  could also help  reduce India’s  trade deficit and support the rupee.

  Somasundaram PR, regional general manager of WGC’s India operations, said higher  prices in the December quarter,  traditionally  the highest sales of the year, could  reduce buying.  Gold demand in India  typically surges  towards the end of the year,  coinciding  with the traditional wedding season and major  festivals,  including Diwali and Dusherra, when  buying  gold  is considered auspicious. 

  Domestic  gold prices jumped this week to  Rs  61,396  per 10 grams,  close to  the all-time high of  Rs  61,845  reached  earlier this year. Last year, prices in the December quarter were nearly 20% lower than this year.

  Somasundaram said in  the December quarter, demand is expected to be lower than last  year’s  276.3  mt.  

 “Currently, price is  an important influencing factor.  If  prices come down significantly before  Diwali, the  whole  situation could change,” he said. Diwali will be celebrated in mid-November. 

  India’s  gold consumption in the July-September quarter rose 10% to 210.2  tonnes on improved investment  and  jewelry  demand  due to a correction in  domestic  prices, he  claimed.  

Source www.indianexpress.com

 From January to September, gold demand  decreased  by 3.3% to 481.2  tons due to  stagnant  demand in the first  half of the year.  

 In 2023, demand could fall to around 700  tonnes, a three-year low,  from 774.1  tonnes  a year  ago. Rising  gold prices have  prompted  some  sellers  to sell  old  jewelry  and coins,  according  to  WGC data, causing  scrap  metal stocks to rise  37% from  last  year  to 91.6  tonnes  in the first nine  months of  the  year. 

  Somasundaram said the  trend  will  continue in the December quarter if prices remain  at  current  levels. 

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