The slowdown has been attributed to the diminishing scope for new long-term power purchase agreements (PPAs) as major distribution companies (discoms) have already tied up excessive long-term PPAs to meet their respective demand. As much as 35 giga-watt (GW) of conventional power generation capacity is expected to be added...
Greedy capitalism has led to decades of downward mobility as U.S. business interests exploit workers at home and abroad and automate jobs out of existence in search of greater profits, according to economist Richard Wolff. In a Reddit Ask Me Anything session on Monday, the economics professor, author...
The liquid golden light of winter floods our flowering yard, perfumed by blooming narcissus, cymbidium orchids, Andean lilies, and others. Tropical? No, we live in a temperate zone, but this year's unseasonable balmy to hot, dry weather persisted from the US southwest to the now-not-so-frozen Canadian north, as...
© Reuters. A Japanese flag flutters atop the Bank of Japan building in Tokyo ...
The chances of capital losses in the bond markets, as yields rise, has seen money move out of the debt market too. Anxious the Indian stocks are over-valued and that earnings growth could slow in the wake of macro headwinds, foreign funds have been taking risk off the table....
Trump announced that tariffs would be imposed on steel and aluminum and it's sending shockwaves through the economy. Source link
These are tough times for the dream of clean energy and green jobs. Washington is again gridlocked and failing to act on clean energy economic development. Deficit politics and partisanship are pervasive and meanwhile the imperfect framework of federal financial and tax incentives made available through the 2009...
© Reuters. China’s manufacturing sector expanded at a slower pace in October ...
Non-food credit growth rose 12.4% as of August 31, against 5.5% a year before. In the first high-level meeting since Reserve Bank of India (RBI) deputy governor Viral Acharya’s criticism of the government’s interference, the central bank and the finance ministry on Tuesday differed in their assessment of the...
Trump is touting his proposed tariffs on China as a fix for the trade deficit, but it could be American consumers who end up paying. Source link