Category Policy Update

COP28 UAE and its Implications on Climate Change

According to the United Nations, Climate Change refers to long-term shifts in temperatures and weather patterns. Due to the continuous rise in boiling temperatures, the globe is under the mesh of harmful consequences. As a result of tackling this climate crisis this year’s UN climate change conference, COP28 is being organized in Dubai which will play a pivotal opportunity and role to correct course and accelerate action to tackle the climate crisis.

One Step Forward in Digitizing India: Digital Rupee

The Finance Minister Nirmala Sitharaman in the Union Budget 2022-23 announced that the RBI will soon launch the Digital Rupee using blockchain technology. This digital rupee will be India’s CBDC.A Central Bank Digital Currency or a CBDC is a virtual form of fiat currency. A fiat currency is a currency that is backed up by the government. E.g., bank deposits, coins, currency notes.

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