FILE- In this Oct. 17, 2014, file photo, a thick blanket of smoke is seen against the setting sun as young ragpickers search for reusable material at a garbage dump in New Delhi, India. India launched the Air Quality Index Friday to measure air quality across the nation that is home to some of the most polluted cities in the world. A groundbreaking agreement struck Wednesday, Nov. 12, 2014, by the United States and China puts the world's two worst polluters on a faster track to curbing the heat-trapping gases blamed for global warming. (AP Photo/Altaf Qadri, File)
India has launched the Air Quality Index to measure air quality across the nation that is home to some of the most polluted cities in the world. AP / Altaf Qadri

India under pressure to fight climate change over environmental concerns



Indian companies and authorities are coming under pressure to step up efforts to fight climate change amid rapidly rising concerns about the implications of carbon emissions for the economy, following the revelation that India is one of the three worst offending countries when it comes to environmental performance.

“The issue is very critical to Indian economy,” says Dr Satish Modh, the director of the VES Institute of Management in Mumbai. “Farming cannot be just viewed as an agricultural activity, it provides inputs to many industries.”

In the country's latest economic survey, advisors made climate change a central part of the key document produced for the Indian government by its chief economic advisor Arvind Subramanian, warning incomes in the farming sector could plummet by up to a quarter because of the effects of climate change. It highlighted that farming revenues have already stagnated over the past four years because of poor monsoon rainfall and the sector has been “in crisis”.

The government has estimated extreme weather events in India cost the country $10 billion a year. Agriculture is critical to the country's economy. It accounts for 16 per cent of India's GDP and 49 per cent of the population are dependent on agriculture for their livelihoods, according to the economic survey.

“Poor agricultural performance can lead to inflation, farmer distress and unrest, and larger political and social disaffection - all of which can hold back the economy,” according to the document. It warns that climate change could reduce annual agricultural incomes by an average of 15 per cent to 18 per cent, and by up to 25 per cent in unirrigated areas.

The findings follow India dropping 46 notches from 2016 to rank 177 out of 180 countries in the environmental performance index released by the World Economic Forum in Davos last month. Indian Prime Minister Narendra Modi, speaking in Davos, stressed that climate change was one of “the biggest threats” globally.

The effects of carbon emissions have become increasingly visible in New Delhi, with air pollution levels reaching alarming levels, at a peak towards the end of last year, forcing residents to stay indoors or only venture out wearing masks. The capital's air quality in November exceed 450 on the air quality index, on which anything over 100 is considered unhealthy, according to the Central Pollution Control Board.

Under the Paris global climate agreement, India has committed to generate at least 40 per cent of the country’s electricity from non-fossil sources in an effort to tackle climate change. Thirteen of the world’s 20 most polluted cities are in India, according to the World Health Organization.

The Indian government is now focused on growing the renewables sector, setting targets to generate 175 gigawatts from renewable energy sources by 2022, with solar power accounting for the majority of the mix, a target of 100GW, followed by wind power as the next largest source.

An expanding economy, urbanisation, and a focus on growing manufacturing activities are all contributing to India's expanding energy needs. The growth of the country makes India the third-largest carbon emitter after the United States and China.

“There's a lot of policies that are being made to overcome the challenges climate change, but in terms of implementing those policies, I don't think enough is being done on a ground level,” says Mahesh Rathod, the managing director of Tailwind Trade and Investment, based in Mumbai. “Unless stakeholders start working on those, things are looking very difficult. It's very important that we address this issue of climate change because a large chunk of India's population is dependent on agriculture and climate change will have a direct impact. It's very important that India's addresses this challenge in front of the nation very seriously, with very clear and long-term milestones.”

A boost to growth levels is vital to create more jobs, and anything that is a threat to economic prosperity is a major concern. India's economic expansion is expected to have slowed to a four-year low of 6.5 per cent in the current financial year to the end of March, according to the Central Statistics Office.

Still what is promising is some of India's biggest companies are leading the way when it comes to making efforts to tackle climate change.

Indian IT giant, Infosys is aiming to get all of its energy from renewable sources and be carbon neutral by 2018. It is the first Indian company to join the global RE100 campaign because of its commitment to use 100 per cent renewable energy for all of its electricity.

“Becoming carbon neutral is a very important goal for the company,” says Bose Varghese, the head of green initiatives at Infosys. “We are convinced that global warming and climate change are the biggest threats of the century.”

The company says its energy efficiency drive has translated to millions of dollars of savings.

Mahindra, a major Indian conglomerate which manufactures vehicle, is also taking a raft of initiatives to reduce its production of greenhouse gases, including increasing its use of renewable energy.

Mahindra says that it is the first Indian company to launch its own carbon pricing programme, a measure that has been adopted by a number of multinationals globally, including Google and Unilever.

“The more India invests on climate change today, the more developed it will be tomorrow,” says Zuzer Lucknowala, the director of Party Cruisers, one of the biggest wedding and events companies based in Mumbai. “Understanding climatic change is complex” for businesses, as companies try to focus on generating profits and grapple with other more direct economic factors.

“The Indian government will have a critical role to play in these challenges and providing a greener environment.”

Mr Rathod says that small and medium sized companies in particular are in industries that generate a lot of pollution and “need support and education” from the government to make changes.

“A lot of companies in India can't afford it and they need support when it comes to getting out of these old processes,” he says. “You need to have a solution for them.”

There have been some concerns that perhaps not enough is being done at all levels to address the issue.

In India's Union Budget, presented by finance minister Arun Jaitley on Thursday, climate change was something that was largely neglected, despite the emphasis of the Budget in helping India's rural and farming communities, ahead of general elections in 2019.

However, with awareness of the potential economic impact and the discussion around climate change rapidly gathering pace in India, calls for steps to address the issue are only set to increase, leading to mounting pressure for swift action by businesses and the government.

Tottenham's 10 biggest transfers (according to transfermarkt.com):

1). Moussa Sissokho - Newcastle United - £30 million (Dh143m): Flop

2). Roberto Soldado - Valencia - £25m: Flop

3). Erik Lamela - Roma - £25m: Jury still out

4). Son Heung-min - Bayer Leverkusen - £25m: Success

5). Darren Bent - Charlton Athletic - £21m: Flop

6). Vincent Janssen - AZ Alkmaar - £18m: Flop

7). David Bentley - Blackburn Rovers - £18m: Flop

8). Luka Modric - Dynamo Zagreb - £17m: Success

9). Paulinho - Corinthians - £16m: Flop

10). Mousa Dembele - Fulham - £16m: Success

The specs: 2019 Audi A8

Price From Dh390,000

Engine 3.0L V6 turbo

Gearbox Eight-speed automatic

Power 345hp @ 5,000rpm

Torque 500Nm @ 1,370rpm

Fuel economy, combined 7.5L / 100km

Company profile

Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
Current number of staff: 86
Investment stage: Pre-series B
Investors: Investcorp, Liberty City Ventures, Fatima Gobi Ventures, Primal Capital, Wealthwell Ventures, FHS Capital, VN2 Capital, local family offices

Confirmed bouts (more to be added)

Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez

Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.

UAE currency: the story behind the money in your pockets

Director: Nag Ashwin

Starring: Prabhas, Saswata Chatterjee, Deepika Padukone, Amitabh Bachchan, Shobhana

Rating: ★★★★

Results

United States beat UAE by three wickets

United States beat Scotland by 35 runs

UAE v Scotland – no result

United States beat UAE by 98 runs

Scotland beat United States by four wickets

Fixtures

Sunday, 10am, ICC Academy, Dubai - UAE v Scotland

Admission is free

Moonfall

Director: Rolan Emmerich

Stars: Patrick Wilson, Halle Berry

Rating: 3/5

The Roundup : No Way Out

Director: Lee Sang-yong
Stars: Don Lee, Lee Jun-hyuk, Munetaka Aoki
Rating: 3/5

Iraq negotiating over Iran sanctions impact
  • US sanctions on Iran’s energy industry and exports took effect on Monday, November 5.
  • Washington issued formal waivers to eight buyers of Iranian oil, allowing them to continue limited imports. Iraq did not receive a waiver.
  • Iraq’s government is cooperating with the US to contain Iranian influence in the country, and increased Iraqi oil production is helping to make up for Iranian crude that sanctions are blocking from markets, US officials say.
  • Iraq, the second-biggest producer in the Organization of Petroleum Exporting Countries, pumped last month at a record 4.78 million barrels a day, former Oil Minister Jabbar Al-Luaibi said on Oct. 20. Iraq exported 3.83 million barrels a day last month, according to tanker tracking and data from port agents.
  • Iraq has been working to restore production at its northern Kirkuk oil field. Kirkuk could add 200,000 barrels a day of oil to Iraq’s total output, Hook said.
  • The country stopped trucking Kirkuk oil to Iran about three weeks ago, in line with U.S. sanctions, according to four people with knowledge of the matter who asked not to be identified because they aren’t allowed to speak to media.
  • Oil exports from Iran, OPEC’s third-largest supplier, have slumped since President Donald Trump announced in May that he’d reimpose sanctions. Iran shipped about 1.76 million barrels a day in October out of 3.42 million in total production, data compiled by Bloomberg show.
  • Benchmark Brent crude fell 47 cents to $72.70 a barrel in London trading at 7:26 a.m. local time. U.S. West Texas Intermediate was 25 cents lower at $62.85 a barrel in New York. WTI held near the lowest level in seven months as concerns of a tightening market eased after the U.S. granted its waivers to buyers of Iranian crude.
Superliminal

Developer: Pillow Castle Games
Publisher: Pillow Castle Games
Console: PlayStation 4&5, Xbox Series One & X/S, Nintendo Switch, PC and Mac
Rating: 4/5

Panipat

Director Ashutosh Gowariker

Produced Ashutosh Gowariker, Rohit Shelatkar, Reliance Entertainment

Cast Arjun Kapoor, Sanjay Dutt, Kriti Sanon, Mohnish Behl, Padmini Kolhapure, Zeenat Aman

Rating 3 /stars

The specs: 2017 Lotus Evora Sport 410

Price, base / as tested Dh395,000 / Dh420,000

Engine 3.5L V6

Transmission Six-speed manual

Power 410hp @ 7,000rpm

Torque 420Nm @ 3,500rpm

Fuel economy, combined 9.7L / 100km

Company profile

Company name: Outsized
Started: 2016
Founders: Azeem Zainulbhai, Niclas Thelander, Anurag Bhalla and Johann van Niekerk
Based: India, South Africa, South-East Asia, Mena
Sector: Recruitment
Investment raised: $1 million
Current staff count: 40
Investors: Seed and angel investors

The biog

DOB: March 13, 1987
Place of birth: Jeddah, Saudi Arabia but lived in Virginia in the US and raised in Lebanon
School: ACS in Lebanon
University: BSA in Graphic Design at the American University of Beirut
MSA in Design Entrepreneurship at the School of Visual Arts in New York City
Nationality: Lebanese
Status: Single
Favourite thing to do: I really enjoy cycling, I was a participant in Cycling for Gaza for the second time this year

Citizenship-by-investment programmes

United Kingdom

The UK offers three programmes for residency. The UK Overseas Business Representative Visa lets you open an overseas branch office of your existing company in the country at no extra investment. For the UK Tier 1 Innovator Visa, you are required to invest £50,000 (Dh238,000) into a business. You can also get a UK Tier 1 Investor Visa if you invest £2 million, £5m or £10m (the higher the investment, the sooner you obtain your permanent residency).

All UK residency visas get approved in 90 to 120 days and are valid for 3 years. After 3 years, the applicant can apply for extension of another 2 years. Once they have lived in the UK for a minimum of 6 months every year, they are eligible to apply for permanent residency (called Indefinite Leave to Remain). After one year of ILR, the applicant can apply for UK passport.

The Caribbean

Depending on the country, the investment amount starts from $100,000 (Dh367,250) and can go up to $400,000 in real estate. From the date of purchase, it will take between four to five months to receive a passport. 

Portugal

The investment amount ranges from €350,000 to €500,000 (Dh1.5m to Dh2.16m) in real estate. From the date of purchase, it will take a maximum of six months to receive a Golden Visa. Applicants can apply for permanent residency after five years and Portuguese citizenship after six years.

“Among European countries with residency programmes, Portugal has been the most popular because it offers the most cost-effective programme to eventually acquire citizenship of the European Union without ever residing in Portugal,” states Veronica Cotdemiey of Citizenship Invest.

Greece

The real estate investment threshold to acquire residency for Greece is €250,000, making it the cheapest real estate residency visa scheme in Europe. You can apply for residency in four months and citizenship after seven years.

Spain

The real estate investment threshold to acquire residency for Spain is €500,000. You can apply for permanent residency after five years and citizenship after 10 years. It is not necessary to live in Spain to retain and renew the residency visa permit.

Cyprus

Cyprus offers the quickest route to citizenship of a European country in only six months. An investment of €2m in real estate is required, making it the highest priced programme in Europe.

Malta

The Malta citizenship by investment programme is lengthy and investors are required to contribute sums as donations to the Maltese government. The applicant must either contribute at least €650,000 to the National Development & Social Fund. Spouses and children are required to contribute €25,000; unmarried children between 18 and 25 and dependent parents must contribute €50,000 each.

The second step is to make an investment in property of at least €350,000 or enter a property rental contract for at least €16,000 per annum for five years. The third step is to invest at least €150,000 in bonds or shares approved by the Maltese government to be kept for at least five years.

Candidates must commit to a minimum physical presence in Malta before citizenship is granted. While you get residency in two months, you can apply for citizenship after a year.

Egypt 

A one-year residency permit can be bought if you purchase property in Egypt worth $100,000. A three-year residency is available for those who invest $200,000 in property, and five years for those who purchase property worth $400,000.

Source: Citizenship Invest and Aqua Properties

Profile box

Founders: Michele Ferrario, Nino Ulsamer and Freddy Lim
Started: established in 2016 and launched in July 2017
Based: Singapore, with offices in the UAE, Malaysia, Hong Kong, Thailand
Sector: FinTech, wealth management
Initial investment: $500,000 in seed round 1 in 2016; $2.2m in seed round 2 in 2017; $5m in series A round in 2018; $12m in series B round in 2019; $16m in series C round in 2020 and $25m in series D round in 2021
Current staff: more than 160 employees
Stage: series D 
Investors: EightRoads Ventures, Square Peg Capital, Sequoia Capital India

The years Ramadan fell in May

1987

1954

1921

1888

Disposing of non-recycleable masks
  • Use your ‘black bag’ bin at home
  • Do not put them in a recycling bin
  • Take them home with you if there is no litter bin
  • No need to bag the mask
Series info

Test series schedule 1st Test, Abu Dhabi: Sri Lanka won by 21 runs; 2nd Test, Dubai: Play starts at 2pm, Friday-Tuesday

ODI series schedule 1st ODI, Dubai: October 13; 2nd ODI, Abu Dhabi: October 16; 3rd ODI, Abu Dhabi: October 18; 4th ODI, Sharjah: October 20; 5th ODI, Sharjah: October 23

T20 series schedule 1st T20, Abu Dhabi: October 26; 2nd T20, Abu Dhabi: October 27; 3rd T20, Lahore: October 29

Tickets Available at www.q-tickets.com

Stat Fourteen Fourteen of the past 15 Test matches in the UAE have been decided on the final day. Both of the previous two Tests at Dubai International Stadium have been settled in the last session. Pakistan won with less than an hour to go against West Indies last year. Against England in 2015, there were just three balls left.

Key battle - Azhar Ali v Rangana Herath Herath may not quite be as flash as Muttiah Muralitharan, his former spin-twin who ended his career by taking his 800th wicket with his final delivery in Tests. He still has a decent sense of an ending, though. He won the Abu Dhabi match for his side with 11 wickets, the last of which was his 400th in Tests. It was not the first time he has owned Pakistan, either. A quarter of all his Test victims have been Pakistani. If Pakistan are going to avoid a first ever series defeat in the UAE, Azhar, their senior batsman, needs to stand up and show the way to blunt Herath.

Fanney Khan

Producer: T-Series, Anil Kapoor Productions, ROMP, Prerna Arora

Director: Atul Manjrekar

Cast: Anil Kapoor, Aishwarya Rai, Rajkummar Rao, Pihu Sand

Rating: 2/5 

CRICKET WORLD CUP QUALIFIER, ZIMBABWE

UAE fixtures

Monday, June 19

Sri Lanka v UAE, Queen’s Sports Club

Wednesday, June 21

Oman v UAE, Bulawayo Athletic Club

Friday, June 23

Scotland v UAE, Bulawayo Athletic Club

Tuesday, June 27

Ireland v UAE, Bulawayo Athletic Club

INDIA'S TOP INFLUENCERS

Bhuvan Bam
Instagram followers: 16.1 million
Bhuvan Bam is a 29-year-old comedian and actor from Delhi, who started out with YouTube channel, “BB Ki Vines” in 2015, which propelled the social media star into the limelight and made him sought-after among brands.
Kusha Kapila
Instagram followers: 3.1 million
Kusha Kapila is a fashion editor and actress, who has collaborated with brands including Google. She focuses on sharing light-hearted content and insights into her life as a rising celebrity.
Diipa Khosla
Instagram followers: 1.8 million
Diipa Khosla started out as a social media manager before branching out to become one of India's biggest fashion influencers, with collaborations including MAC Cosmetics.
Komal Pandey
Instagram followers: 1.8 million
Komal Pandey is a fashion influencer who has partnered with more than 100 brands, including Olay and smartphone brand Vivo India.
Nikhil Sharma
Instagram followers: 1.4 million
Nikhil Sharma from Mumbai began his online career through vlogs about his motorcycle trips. He has become a lifestyle influencer and has created his own clothing line.
Source: Hireinfluence, various

Results

4.30pm Jebel Jais – Maiden (PA) Dh60,000 (Turf) 1,000m; Winner: MM Al Balqaa, Bernardo Pinheiro (jockey), Qaiss Aboud (trainer)

5pm: Jabel Faya – Maiden (PA) Dh60,000 (T) 1,000m; Winner: AF Rasam, Tadhg O’Shea, Ernst Oertel

5.30pm: Al Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m; Winner: AF Mukhrej, Tadhg O’Shea, Ernst Oertel

6pm: The President’s Cup Prep – Conditions (PA) Dh100,000 (T) 2,200m; Winner: Mujeeb, Richard Mullen, Salem Al Ketbi

6.30pm: Abu Dhabi Equestrian Club – Prestige (PA) Dh125,000 (T) 1,600m; Winner: Jawal Al Reef, Antonio Fresu, Abubakar Daud

7pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m; Winner: Ashton Tourettes, Pat Dobbs, Ibrahim Aseel

7.30pm: Jebel Hafeet – Maiden (TB) Dh80,000 (T) 1,400m; Winner: Nibraas, Richard Mullen, Nicholas Bachalard

Turkish Ladies

Various artists, Sony Music Turkey 

COMPANY PROFILE

Company name: Klipit

Started: 2022

Founders: Venkat Reddy, Mohammed Al Bulooki, Bilal Merchant, Asif Ahmed, Ovais Merchant

Based: Dubai, UAE

Industry: Digital receipts, finance, blockchain

Funding: $4 million

Investors: Privately/self-funded

The specs

Engine: 3.5-litre twin-turbo V6
Power: 456hp at 5,000rpm
Torque: 691Nm at 3,500rpm
Transmission: 10-speed auto
Fuel consumption: 14.6L/100km
Price: from Dh349,545
On sale: now

Napoleon

Director: Ridley Scott
Stars: Joaquin Phoenix, Vanessa Kirby, Tahar Rahim
Rating: 2/5

57 Seconds

Director: Rusty Cundieff
Stars: Josh Hutcherson, Morgan Freeman, Greg Germann, Lovie Simone
Rating: 2/5

Fifa World Cup Qatar 2022

First match: November 20
Final 16 round: December 3 to 6
Quarter-finals: December 9 and 10
Semi-finals: December 13 and 14
Final: December 18

A QUIET PLACE

Starring: Lupita Nyong'o, Joseph Quinn, Djimon Hounsou

Director: Michael Sarnoski

Rating: 4/5


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