Parity

How India’s economy has fared under ten years of Narendra Modi

Retrieved on: 
Thursday, April 18, 2024
Electricity, Employment, Growth, Agriculture, Unemployment, BJP, Welfare, Smoke, Make, Poverty, Bharatiya Janata Party, International Monetary Fund, Parity, GDP, Congress Party, Government, Renewable energy

The ruling Bharatiya Janata Party (BJP), which is led by Prime Minister Narendra Modi, is seeking a third term in office.

Key Points: 
  • The ruling Bharatiya Janata Party (BJP), which is led by Prime Minister Narendra Modi, is seeking a third term in office.
  • If one was to go by economic growth figures alone, the Modi government’s performance has been impressive.
  • A series of high-profile corruption cases led to a loss of investor confidence in the Indian economy.
  • According to the International Monetary Fund, India’s economy is projected to grow at a rate of 6.5% in 2024.
  • That is higher than China’s projected growth of 4.6%, and exceeds that of any other large economy.

All smoke and mirrors?

  • India’s economic performance is hard to assess as the government has not published official data on poverty and employment since 2011.
  • This has led analysts to use alternate data sources that are not as reliable as the large and nationally representative consumption and employment surveys of the Indian government’s statistical agency.
  • The results were based on a large consumption survey carried out by the Indian government.

The new welfarism

  • The Aadhaar rollout, in particular, has allowed national and state governments to distribute benefits to the poor directly through their Aadhaar-linked bank accounts.
  • It has also helped to curb leakage in the delivery of subsidies to poor households, which has long been the bane of India’s welfare delivery.
  • Essential goods such as toilets and cooking cylinders, which are normally privately provisioned, were supplied in large numbers by the government.
  • This led to what Indian economist and the former Chief Economic Advisor to the government, Arvind Subramanian, called “New Welfarism” in India.

The lack of good jobs

  • But it has not been as successful in creating productive jobs for the large proportion of India’s labour force who are unskilled and poor.
  • Around 40% of workers remain in agriculture, and only about 20% work in manufacturing jobs or business services such as IT.
  • The weak record of the Modi government in creating jobs is surprising given that it has floated many initiatives to kickstart manufacturing.


Kunal Sen receives funding from ESRC, British Academy and DFID.

Christine Lagarde, Luis de Guindos: Monetary policy statement (with Q&A)

Retrieved on: 
Thursday, April 18, 2024
Well, Reproduction, EUR, Speech, Uncertainty, Season, CPI, Comment, Growth, Projection, Pressure, ECB, European Parliament, Mechanics, Risk, Frankfurt, Disinflation, Next Generation, Policy, News, Communication, Nature, Outline, TPI, Credit, Investment, Parity, Fed, European, Risk assessment, APP, Single market, Watcher, Personal ordinariate, PEPP, European Central Bank, MPS, Cryptocurrency

Stock market development and familiarity (language and distance) are considered key determinants for home bias.

Key Points: 
  • Stock market development and familiarity (language and distance) are considered key determinants for home bias.
  • The literature neglects however that investors often invest in foreign funds domiciled in financial centers.

Five Talented Women Scientists from the Global South Win OWSD-Elsevier Foundation Research Prize for Their Work on New Ways to Tackle Water Quality Issue

Retrieved on: 
Thursday, March 21, 2024
Water supply, Health, Climate change, Sanitation, Wetland, Woman, Partnership, Risk, Cell Press, Antonella, Perception, Research, OWSD, Bacteria, University, STAR, Water resources, Fishery, World Water Day, Mentorship, Human, Organization, UNESCO, Shirani, Risk assessment, Virology, Water quality, Parity, Hygiene, Microbiology, Water, University of Ruhuna, Nanocomposite, Cell, Coral, USD, Drinking water, OWSD-Elsevier Foundation Award, UN, Environmental remediation

The 2024 OWSD-Elsevier Foundation Awards have recognized women-led science from more than 20 low- and middle-income countries since 2013

Key Points: 
  • The prize also acknowledges the scientists’ commitment to leadership, mentoring and engagement within their communities, including the translation of research into actionable insights for stakeholders.
  • We are so proud of them and are sure this prize is just one step on their path to success."
  • By offering this prize, we want to spotlight the important research undertaken by the women who've become inspiring role models for communities most affected by this issue."
  • To find out how the OWSD-Elsevier Foundation Award helps shape our understanding of the global South, read more about the 2023 winners here .

A Step Backwards for Quebec's Automotive Electric Transition

Retrieved on: 
Wednesday, March 13, 2024
Federation, CADA, ICE, ZEV, Government, Parity

Removing these incentives could significantly slow down the progress Quebecers have made so far in adopting electric vehicles.

Key Points: 
  • Removing these incentives could significantly slow down the progress Quebecers have made so far in adopting electric vehicles.
  • The data also demonstrates that the fundamental reason behind Quebec's success in this transition to electric is the usage of this aggressive and comprehensive incentive program.
  • This budget proposes to turn back the clock by putting forward an approach similar to that of provinces that have barely begun the transition to electric vehicles.
  • It is imperative that we work together to build a more sustainable and affordable future for all Quebecers.

IMPROVING HEMP YIELDS TO INCREASE PROFTABILITY FOR FARMERS

Retrieved on: 
Thursday, April 4, 2024
Dicarboxylic acid, Farmer, Grain, Growth, Rotation, FHF, The Honourable, Economic development, CBD, Health Canada, FBN, Parity, Breeding, HGI, Farmers Business Network, Verve, Agriculture

During the five-year project, partners will work to position hemp as a protein-rich crop with increased yields and expanded ingredient and food usages.

Key Points: 
  • During the five-year project, partners will work to position hemp as a protein-rich crop with increased yields and expanded ingredient and food usages.
  • “Improving the yield of hemp increases the profitability of the crop, bringing benefit to farmers, while also bringing more healthy and sustainable high-protein options for ingredient manufacturers and food processors.”
    Fresh Hemp Foods, Farmer’s Business Network Canada and Verve are industry leaders in their respective fields.
  • FBN manages hybrid canola and hemp breeding programs and together with Verve has the largest hemp seed genetics portfolio in North America.
  • Fresh Hemp Foods, established in 1998, is a global leader in contract hemp production, food ingredient processing and hemp-based consumer packaged goods.

Knight Therapeutics Inc. ranks on The Globe and Mail’s fifth-annual Women Lead Here benchmark of executive gender diversity

Retrieved on: 
Thursday, March 28, 2024
Business, Therapy, GUD, TSX, Parity, Woman

This annual editorial benchmark identifies top-level Canadian businesses with the highest executive gender diversity.

Key Points: 
  • This annual editorial benchmark identifies top-level Canadian businesses with the highest executive gender diversity.
  • The Women Lead Here benchmark was established in 2020 by Report on Business magazine and applies a proprietary research methodology to provide an overview of the largest Canadian corporations with the highest degree of gender diversity among executive ranks.
  • “We are honoured to see once again Knight Therapeutics Inc. included on the Globe and Mail’s Report on Canada’s Women Lead Here as one of the leading companies in executive gender diversity in corporate Canada and specialty pharmaceutical sector,” said Samira Sakhia, President and Chief Executive Officer of Knight.
  • In total, 97 companies earned the 2024 Women Lead Here seal, with a combined average of 45% of executive roles held by female-identifying individuals.

Webtel.mobi publishes a detailed article on why the US Dollar is not under threat as Global Reserve Currency, nor a consideration for Global Financial Reform

Retrieved on: 
Thursday, March 28, 2024
CHIPS, Finance, Learning, Stasis, Financial services, Travel, ALL, Local, Routing, City, Parity, Senior management, TCH, Communication, Control, Fiat, Telecommunications, Policy, World War II, Person, RTAI, Station, Global Telecommunications System, Management, CIPS, Distribution, Old, Security, FX, Global financial system, Uber, Signal, Telephony, CLS Group, RTGS, IBAN, Comment, Financial system, Payment card, Wi-Fi, Paralysis, LCH, Local currency, Fedwire, CME, Global Operations, Centralisation, Century, Platform 1, Conversion, Cryptocurrency

It is rather the Global System over which all currencies are transacted that creates all global imbalances, weighted advantages or potential reform solutions.

Key Points: 
  • It is rather the Global System over which all currencies are transacted that creates all global imbalances, weighted advantages or potential reform solutions.
  • Through these decisions, so-called Reserve Currencies, Illiquid Currencies, Exchange Rates, Currency Flows, Currency Exchange and all other aspects of the Global Economic and Financial System are determined.
  • This situation is – and will be – impossible to alter without reform of the Global Financial System.
  • The Global Financial System functions like a railway network, with:
    A System of Railway Tracks on which all Carriages (i.e.

For Fifth Consecutive Year, ISC Earns the Globe and Mail’s 2024 Women Lead Here Benchmark for Executive Gender Diversity

Retrieved on: 
Thursday, March 28, 2024
Culture, Woman, Business, Glass, TSX, ISC, Parity, Information Services Corporation, Businessperson

The Women Lead Here benchmark uses proprietary research methodology to determine which Canadian corporations make tangible, systemic, organizational progress related to executive gender parity in Canada.

Key Points: 
  • The Women Lead Here benchmark uses proprietary research methodology to determine which Canadian corporations make tangible, systemic, organizational progress related to executive gender parity in Canada.
  • Throughout 2023, 55 per cent of ISC executive leaders identified as women, including those in ISC’s wholly owned subsidiaries.
  • In total, 96 companies earned the 2024 Women Lead Here seal, with a combined average of 45 per cent of executive roles held by women-identifying individuals.
  • The 2024 Women Lead Here list can be found in the April 2024 issue of Report on Business magazine, distributed with The Globe and Mail on Saturday March 29, 2024, and online at tgam.ca/WomenLeadHere .

ON Partners Report Reveals Executive Women Secure Higher Base Salaries Than Men

Retrieved on: 
Wednesday, March 27, 2024
Pay scale, Face, Woman, Female, CBO, Male, CCO, Workplace, Yoy, Parity, Management

The report reveals a positive trend as the gender pay gap is narrowing year-over-year (YoY), with executive women earning an average of $452k, compared to executive men's average of $461k.

Key Points: 
  • The report reveals a positive trend as the gender pay gap is narrowing year-over-year (YoY), with executive women earning an average of $452k, compared to executive men's average of $461k.
  • A McKinsey Women in the Workplace report from 2023 highlighted the strides made in women's representation in senior roles.
  • As it pertained to average base salaries, executive women negotiated a higher base pay.
  • However, ON data shows that in the last ten years, executive women have consistently changed jobs faster than men.

Innovative Leap in Unified Communications: Zultys Announces Major Update With Release 18, ZAC 9, Mobile ZAC, Web Admin, & MX Report

Retrieved on: 
Tuesday, April 9, 2024
Software, Networks, Internet, Hardware, Data Management, Technology, Apps, Applications, Mobile, Wireless, Knowledge, Web browser, Partner, Organization, Communication, MMS, SMS, Marketing, Workflow, Engineering, Parity, Unified communications, Multimedia, IOS, Emotion, Android, CAD, Mobile phone

Multifactor authentication for ZAC 9; Mobile ZAC; and Zultys’ admin tools, MX Administrator and updated Web Admin, provides users with additional system protection and improved account security.

Key Points: 
  • Multifactor authentication for ZAC 9; Mobile ZAC; and Zultys’ admin tools, MX Administrator and updated Web Admin, provides users with additional system protection and improved account security.
  • iOS and Android emojis can now be used in ZAC, Web ZAC, and Mobile ZAC, allowing users to convey their emotions and streamline their messaging experience.
  • Users can seamlessly move active calls between ZAC, Web ZAC, and Mobile ZAC, providing flexibility and an uninterrupted call experience.
  • Mobile ZAC replaces all of Zultys’ prior mobile apps, including MX Mobile for iOS, Zultys Mobile Communicator for iOS, and Zultys Mobile for Android.