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Interesting 1-minute reads to keep you updated on industry-wide happening!
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India’s Stance in UN Plastics Treaty Raises Concerns
India’s submissions to the UN Plastics Treaty negotiations prioritize economic interests over environmental sustainability. Emphasizing perceived conflicts with World Trade Organization rules, India risks overshadowing the urgent need for effective measures to combat plastic pollution. The country’s massive petrochemical…
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Wage hike refused by LIC employee unions
The employees’ union of LIC has rejected the government’s offer of a 14% wage hike, demanding at least a 25% increase. Citing the company’s strong financial performance, All india national life insurance employees federation (AINLIEF) along with other unions…
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India’s Petroleum Exports to Europe Plummet Amid Red Sea Crisis
In January 2024, India experienced a significant decrease in its petroleum product exports to Europe, reaching an 18-month low. This decline was primarily due to security concerns in the Red Sea region, leading tankers to avoid the Suez Canal…