Umesh Desai

Umesh Desai


Shift to renewable energy needed by 2030-35, top researchers say

Shift to renewable energy needed by 2030-35, top researchers say

Leading energy experts are campaigning for a more rapid global energy transformation, saying the world must shift to nearly 100% use of renewable power sources within the next 10 to 15 years – "much sooner than 2050"(ATF) A group of leading energy experts are campaigning for a rapid global energy …

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Beijing trips on its misguided energy build-out policy

Beijing trips on its misguided energy build-out policy

China approved a near-record number of new coal plants in 2020 to help provinces weather the impact of Covid-19 crisis, but now the Environment Ministry has called on national energy chiefs to explain why they allowed a rash of new projects that skirt regulations and put Xi’s carbon neutral goal …

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Fintech gets Covid tailwind

Fintech gets Covid tailwind

Businesses forced to improve digital offerings in post pandemic world; Democratisation of technology has allowed disruption of traditional services; India and China have high fintech adoption rates(ATF) Regulatory challenges, the rise of bitcoin and accelerated digitalisation will mark the year ahead for fintech as legacy systems and manual processes will …

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Rise of EVs spells end of the oil era

Rise of EVs spells end of the oil era

Factors conspire to end demand for hydrocarbons in the region that uses more than any other(ATF) Falling battery prices, environmental concern and electrification of transportation by crude-dependent countries like India and China could bring the oil era to an end, a strategist at financial think tank Carbon Tracker told Asia …

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Chinese credits weather the storm

Chinese credits weather the storm

(ATF) Under normal circumstances a stumble in China’s bond market, the world’s second-biggest, would have triggered worries about cascading defaults or a massive exodus.But global investors say this is a mere hiccup as the pandemic has been speeding otherwise slow changes in the nation’s credit markets and conditions were right …

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