Home » Posts tagged 'india'

Tag Archives: india

Olduvai
Click on image to purchase

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

India’s most innovative cities including Bengaluru run out of water

India’s most innovative cities including Bengaluru run out of water

Tech professionals are leaving India’s IT hub of Bengaluru amid an intensifying drought that has gripped the city as it sweats through another torrid pre-monsoon season

water

A thirsty growth engine | Photo: Bloomberg
At the time Egypt’s pyramids were being constructed, one of the cradles of global civilization grew up in the Indus Valley around the borders of Pakistan and India. Its grid-planned cities produced sewerage networks, delicate artworks and an undeciphered writing system. Then a 900-year drought emptied its urban areas and sent its population back to a simpler, poorer village life on the plains of the Ganges.
Something grimly similar is happening right now.
Tech professionals are leaving India’s IT hub of Bengaluru amid an intensifying drought that has gripped the city as it sweats through another torrid pre-monsoon season, the Deccan Herald reported this month. More than half of the wells the city depends on for groundwater have dried up after failed rains last year, leaving businesses and citizens dependent on trucked-in water tankers.
In neighbouring Kerala, which catches much of the monsoon rainfall before it reaches inland stretches of Bengaluru’s Karnataka state, a minister has even written to Bengaluru’s companies, suggesting they relocate because “water is not an issue at all” in his state, the Times of India reported.
That seems in poor taste in southern India, where fights over the distribution of river flows between parched states have gone on for decades. He’s not wrong, though. Indeed, these pressures are only going to grow as populations rise and climate change makes the cycles of drought and monsoon more pronounced.

…click on the above link to read the rest…

India Produced Record Amounts Of Electricity From Coal In October

India Produced Record Amounts Of Electricity From Coal In October

India produced a record amount of electricity from coal in October to make up for a shortfall in hydro generation following lower-than-normal monsoon rains.

Coal remains fundamental to the country’s energy security, despite rapid deployment of wind and solar generation, underscoring the challenge of reducing emissions.

Notwithstanding the ambitions expressed at the UN climate conference in Dubai, for the foreseeable future, India will depend on its mines and rail network to satisfy rapidly growing electricity demand and ensure reliability.

Total electricity demand met increased by 24 billion kilowatt-hours (kWh) (+21%) in October compared with the same month a year earlier.

But hydroelectric generation fell by 5 billion kWh (-30%) as unusually low monsoon rainfall depleted water resources.

Total precipitation across most of India, the Himalayas and Tibet has been less than 80% of the long-term average since the start of the rainy season in June.

The volume of water stored in the 150 reservoirs monitored by India’s Central Water Commission was 20% below the level in 2022 and 7% below the average for 2013-2022 on November 23.

Reservoirs are managed to provide a mix of hydroelectricity and irrigation; depletion would have been even more severe if hydro generation had not been curbed to save water for agriculture.

Despite big increases in installed capacity, solar and wind generation were unable to make up the deficit. Wind increased by 0.3 billion kWh (+10%)…

…. while solar was up 1.3 billion kWh (+16%).

Instead the electricity system turned to extra gas (1.6 billion kWh, +103%) and especially coal (28 billion kWh, +33%) to meet demand.

Coal-fired generators produced a seasonal record of 111 billion kWh in October 2023 up from 84 billion kWh in October 2022.

Coal satisfied 80% of electricity demand up from 73% a year earlier, while the hydro share fell to 9% from more than 15%.

COAL REMAINS KING

India’s installed solar capacity has risen by almost 47 million kilowatts (+24% per year) while wind capacity is up by 9 million kilowatts (5% per year) since the start of 2018.

…click on the above link to read the rest…

The Dieseleuro: Europe Is Guzzling Russian Oil In The Form Of Indian Diesel Imports

The Dieseleuro: Europe Is Guzzling Russian Oil In The Form Of Indian Diesel Imports

As western politicians ever so theatrically pretend to sanction Russian oil imports (just so they can signal to their voters just how virtuous they are), especially now that the war in Ukraine is almost over with the US and Germany “pressing Kyiv to end the nearly two-year old conflict”, and have gone so far as to ‘demand’ Greek tankers no longer transport Russian oil (something which most of the Greek dark fleet is and will continue to do), the true comedy is just how hard everyone is working behind the scenes to keep the status quo in place. For a glaring example of western hypocrisy look no further than the Russia-India-Europe petrodollar or rather dieseleuro triangle, where one year after banning most oil shipments from Russia, Europe is now binging on Indian diesel…  that was made from Russian crude.

Europe’s imports of diesel from India, one of the biggest buyers of Russian crude, are on course to soar to 305,000 barrels a day, the most since at least January 2017, the latest data market-intelligence firm Kpler show.

While it’s not possible to say with certainty that the molecules originated in Russia as India also processes oil from elsewhere – although a blockchain lifecycle tracing would be most useful in this regard – Moscow’s soaring (and cheap) oil exports to India have given Indian refineries an ability to produce abundant diesel and boost both profits and exports.

According to Bloomberg, arrivals into Europe in November include a rare shipment from Mumbai-based Nayara Energy, which imported almost 60% of its crude from Russia this year, according to Kpler. Reliance Industries, Europe’s top supplier of Indian diesel, draws more than third of its crude from Russia, the figures show.

…click on the above link to read the rest…

Xi, Putin Hail First BRICS Expansion In Over A Decade As Gulf Oil Powers Join

Xi, Putin Hail First BRICS Expansion In Over A Decade As Gulf Oil Powers Join

At a moment China and Russia have envisioned the future of BRICS as fundamentally an anti-Western bloc of developing nations, the Gulf oil powers Saudi Arabia and the United Arab Emirates have been formally invited to become members, which marks the bloc’s first expansion in over a decade.

“The membership will take effect from the first of January, 2024,” South African President Cyril Ramaphosa said, adding that additionally Argentina, Egypt, Ethiopia and Iran will be added to the fold next year.

Brics pool photo, via NY Times

China’s President Xi Jinping hailed the rare expansion, beyond the current large economies of China, Russia, Brazil India, China and South Africa as “historic”. He said it will “inject new impetus into the BRICS cooperation mechanism and further strengthen the power of world peace and development.”

President Putin too congratulated the soon to be newest members, saying in a video message, “I would like to congratulate the new members who will work in a full-scale format next year.”

“And I would like to assure all our colleagues that we will continue the work that we started today on expanding the influence of BRICS in the world,” the Russian leader added. Indian Prime Minister Narendra Modi also hailed the expansion which he said will strengthen the bloc.

Saudi Foreign Minister Prince Faisal bin Farhan’s statement said, “the special, strategic relations with the BRICS nations promotes common principles, most importantly the firm belief in the principle of respect for sovereignty, independence and non-interference in internal affairs.”

He vowed in words before the BRICS conference on Thursday that the kingdom will be a “secure and reliable energy provider,” and noted that total bilateral trade between Riyadh and BRICS countries exceeded $160 billion in 2022, the Saudi foreign minister said.

…click on the above link to read the rest…

BRICS Nations Developing “New Currency” as Quest for Global De-Dollarization Accelerates

BRICS Nations Developing “New Currency” as Quest for Global De-Dollarization Accelerates

China and Brazil recently finalized a trade deal in their own currencies completely bypassing the dollar, but that’s not the only bad news for the world’s reserve currency.

Last week, a Russian official announced that the BRICS nations are working to develop a “new currency,” yet another sign that dollar dominance is waning.

State Duma (the Russian legislative assembly) deputy chairman Alexander Babakov said the transition to settlements in national currencies is the first step. We’ve already seen this occur with recent oil deals between India and Russia being settled in currencies other than dollars.

The next one is to provide the circulation of digital or any other form of a fundamentally new currency in the nearest future. I think that at the BRICS [leaders’ summit], the readiness to realize this project will be announced, such works are underway.”

That summit is scheduled for August.

Babakov said the BRICS nations are developing a strategy that “does not defend the dollar or euro” and that “a single currency” would likely emerge within BRICS, pegged to gold or “other groups of products, rare-earth elements, or soil.”

Brazil, Russia, India, China, and South Africa make up the BRICS block. It accounts for about 40% of the global population and a quarter of the global GDP.

Last year, Iran officially applied to join BRICS, and according to a report by The Cradle, several nations have expressed interest in joining the bloc, including Saudi Arabia, Algeria, UAE, Egypt, Argentina, Mexico, and Nigeria.

Former Goldman Sachs chief economist Jim O’Neill coined the BRIC acronym. In a recent paper published by Global Policy Journal, he urged the expansion of BRICS.

“The US dollar plays a far too dominant role in global finance,” he wrote. “Whenever the Federal Reserve Board has embarked on periods of monetary tightening, or the opposite, loosening, the consequences on the value of the dollar and the knock-on effects have been dramatic.”

…click on the above link to read the rest…

Why BRI is back with a bang in 2023

Why BRI is back with a bang in 2023

As Beijing’s Belt and Road Initiative enters its 10th year, a strong Sino-Russian geostrategic partnership has revitalized the BRI across the Global South.
https://media.thecradle.co/wp-content/uploads/2023/01/BRI-and-De-Dollarization.jpg

Photo Credit: The Cradle

The year 2022 ended with a Zoom call to end all Zoom calls: Presidents Vladimir Putin and Xi Jinping discussing all aspects of the Russia-China strategic partnership in an exclusive video call.

Putin told Xi how “Russia and China managed to ensure record high growth rates of mutual trade,” meaning “we will be able to reach our target of $200 billion by 2024 ahead of schedule.”

On their coordination to “form a just world order based on international law,” Putin emphasized how “we share the same views on the causes, course, and logic of the ongoing transformation of the global geopolitical landscape.”

Facing “unprecedented pressure and provocations from the west,” Putin noted how Russia-China are not only defending their own interests “but also all those who stand for a truly democratic world order and the right of countries to freely determine their own destiny.”

Earlier, Xi had announced that Beijing will hold the 3rd Belt and Road Forum in 2023. This has been confirmed, off the record, by diplomatic sources. The forum was initially designed to be bi-annual, first held in 2017 and then 2019. 2021 didn’t happen because of Covid-19.

The return of the forum signals not only a renewed drive but an extremely significant landmark as the Belt and Road Initiative (BRI), launched in Astana and then Jakarta in 2013, will be celebrating its 10th anniversary.

BRI version 2.0

That set the tone for 2023 across the whole geopolitical and geoeconomic spectrum. In parallel to its geoconomic breadth and reach, BRI has been conceived as China’s overarching foreign policy concept up to the mid-century. Now it’s time to tweak things…

…click on the above link to read the rest…

War on Cash: India Rolling Out Retail Pilot Program for Digital Rupee

War on Cash: India Rolling Out Retail Pilot Program for Digital Rupee

  BY    0   1

We recently reported that the Federal Reserve plans to launch a 12-week pilot program in partnership with several large commercial banks to test the feasibility of a central bank digital currency (CBDC). The US isn’t alone in experimenting with digital currency. India is working on developing a digital rupee and recently announced the second phase of testing.

After successfully running a pilot program to test its digital currency at the wholesale level, the Reserve Bank of India (RBI) has announced it will test the digital rupee in a retail setting.

According to the RBI, the central bank digital currency “is a legal tender issued by a central bank in a digital form. It is the same as a fiat currency and is exchangeable one-to-one with the fiat currency. Only its form is different.”

Digital currencies are similar to bitcoin and other cryptocurrencies. They exist as virtual banknotes or coins held in a digital wallet on your computer or smartphone. The difference between a government digital currency and bitcoin is the value of the digital currency is backed and controlled by the state, just like traditional fiat currency.

As the RBI put it, “Unlike cryptocurrencies, a CBDC isn’t a commodity or claims on commodities or digital assets. Cryptocurrencies have no issuer. They are not money (certainly not currency) as the word has come to be understood historically.”

According to a report in the Economic Times of India, the National Payments Corporation of India will host the platform for the digital rupee payment system during the testing phase. The Reserve Bank of India wants each commercial bank in the pilot to test retail use of the digital rupee with 10,000 to 50,000 users.

…click on the above link to read the rest…

“Situation Is Really Precarious”: World’s Largest Rice Exporter Faces Output Decline Amid Heatwave

“Situation Is Really Precarious”: World’s Largest Rice Exporter Faces Output Decline Amid Heatwave

The effects of elevated food prices have rippled worldwide and forced governments to impose price controls and trade restrictions. Price increases are due to supply constraints driven by several variables, including high energy prices, geopolitics, and weather. Ukraine restarted maritime transport of crops to the rest of the world, forcing grain prices to slip, though the food crisis is far from over.

We pointed out in April that the next challenge for the global food supply could be a plunge in rice production (read: here). Fast forward months later, and our suspicions appear to be right as India, the world’s largest rice exporter, has seen planting areas of the crop decline by 13% due to heatwaves and drought.

India accounts for 40% of the global rice trade, and a decline in production will complicate India’s domestic inflation fight. It could result in export restrictions, leading to few supplies for the rest of the world.

In the last two weeks, prices in India have soared more than 10% in top growing states such as West Bengal, Odisha, and Chhattisgarh due to lack of rainfall and crop output concerns, Mukesh Jain, a director at Sponge Enterprises Pvt., a rice trader, told Bloomberg. He expects export prices to reach $400 a ton by next month from $365 this week.

Rice feeds half of humanity and is vital for political and economic stability across Asia. Supply disruptions due to potential trade restrictions by India could create shortages and rising prices elsewhere.

There’s still hope crop output could recover as the monsoon season is expected to produce normal rainfall through September. However, some farmers sounded the alarm output is expected to drop significantly.

…click on the above link to read the rest of the article…

Russia And China Officially Announce A “New Global Reserve Currency”

Russia And China Officially Announce A “New Global Reserve Currency”

And once again, as happens often with consequential news in the United States and the West, no one has noticed and no one seems to care.

If you’ve blinked over the last month, you may have missed it…

China and Russia are taking their shot at the U.S. dollar. And as often happens with consequential news in the United States and the West, no one seems to notice or even care.

Since the beginning of the year, I have been writing about the possibility of Russia and China challenging the US dollar’s global reserve status. Now, it’s happening.

It shouldn’t be any surprise to those paying attention that Russia and China are strengthening their economic ties amidst continued Western sanctions on Russia as a result of the country’s war in Ukraine.

What may surprise some people, however, is that Russia and the BRICS countries, including Brazil, Russia, India, China, and South Africa, are officially working on their own “new global reserve currency,” RT reported in late June. Nobody even seemed to notice.


“The issue of creating an international reserve currency based on a basket of currencies of our countries is being worked out,” Vladimir Putin said at the BRICS business forum last month.

And of course, as Russia has been cut off from the SWIFT system, it is also pairing with China and the BRIC nations to develop “reliable alternative mechanisms for international payments” in order to “cut reliance on the Western financial system.”

In the meantime, Russia is also taking other steps to strengthen the alliance between BRIC nations, including re-routing trade to China and India, according to CNN:

President Vladimir Putin said Wednesday that Russia is rerouting trade to “reliable international partners” such as Brazil, India, China and South Africa as the West attempts to sever economic ties.

…click on the above link to read the rest of the article…

India isn’t the only one banning food exports. These countries are doing the same

  • The war has triggered a huge spike in wheat prices, with Russia and Ukraine among the biggest exporters of the commodity. Many countries have banned wheat, as well as other food exports as a result of the Ukraine crisis.
  • “As the war continues, there is a growing likelihood that food shortages, particularly of grains and vegetable oils, will become acute, leading more countries to turn to restrictions on trade,” said the International Food Policy Research Institute.
  • Here’s a list of countries that have banned food exports in the months after the Russia-Ukraine war started, according to a live tracker developed by the International Food Policy Research Institute.
Workers unload wheat sacks from a truck at a Punjab Grains Procurement Corp. facility in the Ludhiana district of Punjab, India, on Sunday, May 1, 2022.
India has banned wheat exports as the price of grain surged this year due in part to the Russia-Ukraine war.
T. Narayan | Bloomberg | Getty Images

India has banned wheat exports, becoming the latest country to do so as the price of grain surged this year due in part to the Russia-Ukraine war.

The war has triggered a huge spike in wheat prices, with Russia and Ukraine among the biggest exporters of the commodity. Both countries account for 29% of global wheat exports, according to the World Bank.

“With food prices already high due to COVID-related supply chain disruptions and drought-reduced yields last year, Russia’s invasion came at a bad time for global food markets,” said the International Food Policy Research Institute (IFPRI) in an April note.

Washington D.C.-based think-tank the Peterson Institute for International Economics added in a recent note that Russia’s war on Ukraine has “taken a shocking toll on the region.” “It has also contributed to a global food crisis, as Russia is blocking vital fertilizer exports needed by farmers elsewhere, and Ukraine’s role as the breadbasket for Africa and the Middle East has been destroyed.”

…click on the above link to read the rest of the article…

Half a million Indians flee floods in northeast brought by rain

Half a million Indians flee floods in northeast brought by rain

GUWAHATI, India, May 18 (Reuters) – More than 500,000 people have fled their homes in India’s northeastern state of Assam to escape heavy floods triggered by pre-monsoon rains that drowned seven, authorities said on Wednesday, as they warned the situation could worsen.

One of the world’s largest rivers, the Brahmaputra, which flows into India and neighbouring Bangladesh from Tibet, burst its banks in Assam over the last three days, inundating more than 1,500 villages.

Torrential rains lashed most of the rugged state, and the downpour continued on Wednesday, with more forecast over the next two days.

“More than 500,000 people have been affected, with the flood situation turning critical by the hour,” Assam’s water resources minister, Pijush Hazarika, told Reuters, adding that the seven drowned in separate incidents during the last three days.

People disembark a boat after they were evacuated from a flooded village in Nagaon district
People disembark a boat after they were evacuated from a flooded village in Nagaon district, in the northeastern state of Assam, India, May 18, 2022. REUTERS/Anuwar Hazarika

Soldiers of the Indian army retrieved more than 2,000 people trapped in the district of Hojai in a rescue effort that continues, the state’s health minister, Keshab Mahanta, said.

Water levels in the Brahmaputra were expected to rise further, national authorities said.

“The situation remains extremely grave in the worst-hit Dima Hasao district, with both rail and road links snapped due to flooding and landslides,” said Assam’s revenue minister, Jogen Mohan, who is overseeing relief efforts there.

Cities elsewhere in India, notably the capital, New Delhi, are broiling in a heat wave.

India Facing Widespread Blackouts This Summer

India Facing Widespread Blackouts This Summer

India faces a persistent shortage of electricity over the next four months as rapid demand growth from air conditioners overwhelms the available generation on the network.

India’s grid reported a record load of 200,570 megawatts on July 7, 2021, at the height of last summer, according to the National Load Despatch Centre of the Power System Operation Corporation (POSOCO).

But since the middle of March, the grid has routinely reported maximum loads above 195,000 MW, including a peak of 199,584 MW on April 8 – less than 0.5% below the record.

In the evening, when there is no solar generation available and supplies are even more stretched, peak loads have hit a new record in recent days.

Exceptionally high loads have arrived far earlier this year, well before the most intense period of summer heat, implying the grid is in trouble.

In a symptom of the struggle to meet demand, the grid’s frequency has faltered since mid-March, dropping persistently below target, with longer and more severe excursions below the safe operating range.

Chronic under-frequency is a sign the grid cannot meet the full demand from customers and makes planned load-shedding or unplanned blackouts much more likely.

India has a frequency target of 50.00 cycles per second (Hertz), with grid controllers tasked with keeping it steady between 49.90 Hz and 50.05 Hz to maintain the network in a safe and reliable condition. Since the middle of March, frequency has averaged just 49.95 Hz and has been below the lower operating threshold more than 23% of the time.

On April 7, the average frequency fell as low as 49.84 Hz and frequency was below the lower threshold for 63% of the day, according to POSOCO data.

Frequency has been below target so often for so long in recent weeks it has sometimes appeared the system is operating according to a much lower informal target.

…click on the above link to read the rest of the article…

World War III Has Already Started, and It’s an Economic War

World War III Has Already Started, and It Is an Economic War

Image © Chekov_UA. All rights reserved.

In an article I published in April of 2018, World War III Will Be An Economic War, I outlined a number of factors that portend a large scale conflict between East and West and why this war would be mainly economic in nature. I investigated how this conflict would actually benefit globalists and globalist institutions seeking to bring down multiple nations’ economies while hiding the engineered crisis behind a wall of geopolitical chaos and noise.

The goal? To convince the masses that national sovereignty was a plague that only leads to mass death, and that the “solution” is a one-world system – conveniently managed by the globalists, of course.

One issue which I used to get a lot of arguments over was the idea that countries like Russia and China would end up so closely aligned. People claimed there were too many disparities and that the countries would ultimately turn on each other in the middle of a financial crisis.

Well, it’s four years later and now we’re going to see if that is true or not. So far, it looks like I was correct.

My position has long been that certain nations have been preparing for a collapse of the U.S. dollar as the world reserve currency (the primary currency used in the majority of trade around the world). My belief is that America’s top economic position is actually an incredible weakness; the dollar’s hegemony is not a strength, but an Achilles heel. If the dollar was to lose reserve status, the whole of the U.S. economy and parts of the global economy would implode, leaving behind only those who prepared – those who saw the writing on the wall and planned ahead.

The dollar crash coalition

…click on the above link to read the rest of the article…

The Three Types of US ‘Regime Change’

The Three Types of US ‘Regime Change’

When the U.S. overthrows a foreign government it either works from the top down, the bottom up, or through military invasion, writes Joe Lauria.

Chilean presidential palace during U.S.-backed coup, Sept. 11, 1973. (Library of the Chilean National Congress/Wikipedia)

Throughout the long, documented history of the United States illegally overthrowing governments of foreign lands to build a global empire there has emerged three ways Washington broadly carries out “regime change.”

From Above. If the targeted leader has been democratically elected and enjoys popular support, the C.I.A. has worked with elite groups, such as the military, to overthrow him (sometimes through assassination).  Among several examples is the first C.I.A-backed coup d’état, on March 30, 1949,  just 18 months after the agency’s founding, when Syrian Army Colonel Husni al-Za’im overthrew the elected president, Shukri al-Quwatli.

The C.I.A. in 1954 toppled the elected President Jacobo Árbenz  of Guatemala, who was replaced with a military dictator. In 1961, just three days before the inauguration of President John F. Kennedy, who favored his release, Congolese President Patrice Lumumba was assassinated with C.I.A. assistance, bringing military strongman Mobutu Sese Seko to power.  In 1973, the U.S. backed Chilean General Augusto Pinochet to overthrow and kill the democratically-elected, socialist President Salvador Allende, setting up a military dictatorship, one of many U.S.-installed military dictatorships of that era in Latin America under Operation Condor.

From Below. If the targeted government faces genuine popular unrest, the U.S. will foment and organize it to topple the leader, elected or otherwise.  1958-59 anti-communist protests in Kerala, India, locally supported by the Congress Party and the Catholic Church, were funded by the C.I.A., leading to the removal of the elected communist government…

…click on the above link to read the rest of the article…

Here Come the Climate Change Lockdowns

Here Come the Climate Change Lockdowns

Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice.

Cities in India Will Lockdown Over Air Pollution

The Supreme Court of India has ordered India’s capital, New Delhi, and the surrounding regions to lockdown— but not because of COVID.

This time, the lockdown is due to air pollution.

The Supreme Court said authorities must temporarily force people to work from home, close schools, and halt building projects in the city, due to the city’s terrible air quality.

The Supreme Court said that this is just a temporary solution to their newest public health emergency… sort of like the original two weeks to control the spread of COVID-19.

Last week we mentioned a doctor who diagnosed his patient with “climate change.”

We then speculated that public health officials would use climate change to find new ways to exercise the powers they claimed during the COVID pandemic.

But even we were surprised that it only took one week before that actually happened…

Click here to read the full story.

UK Company Will Harvest DNA from COVID Tests

A UK government-approved COVID testing company called Cignpost has administered up to three million tests at 71 walk-in locations across the UK.

What customers didn’t know is that when they agreed to the company’s 4,876 word privacy policy, they gave permission for Cignpost to harvest their DNA.

Cignpost says it “may receive compensation” for sharing—or more accurately, selling—your DNA samples to other research companies and universities.

Of course, if a year ago you were concerned about your nasal swab COVID tests being used to harvest your DNA, you probably would have been called a conspiracy theorist.

…click on the above link to read the rest of the article…

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress