Magzine News Analysis

Is the EPI Comprehensive Enough?

Allocating a per-capita-emission budget and utilising the countries’ comparative advantage will bring equity and sustainability. Based on 58 indicators (increased from 40 in 2022), 11 issues, and three policy objectives, the environmental performance index (EPI) 2024 places India at a dismal 176th rank out of 180 countries. The three policy objectives with different weights assigned—environmental

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Long-term Capital Gains Tax

In India, income is taxed under five broad heads, namely salary income, income from house properties, profits and gains from the business profession, capital gains and income from other sources. The major issue that erupted after the budget presentation by the finance minister on 23 July 2024 was the treatment of capital gains, especially the removal of indexation

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Energy companies conceal nearly half the environmental damages caused by them, study reveals

Nearly half of the environmental incidents caused by big energy companies are going unreported in their sustainability reports, a study published by the University of the Basque Country, Spain in the Journal of Behavioural and Experimental Finance in June 2024. Economists from the university analysed 47 events related to 30 European energy companies and found that:  Goizeder Blanco,

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Daily Court Digest: Major environment orders (August 5, 2024)

National Green Tribunal (NGT) on August 2, 2024 took serious note of a report of deteriorating air quality standards in some Karnataka cities. The news article raised serious concerns about compliance with the provisions of the Air (Prevention and Control of Pollution) Act, 1981 and the Environment Protection Act, 1986, the tribunal said. The NGT impleaded Central

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