IKEA to help suppliers transit to 100% renewable power : Bulletin: Business Today
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IKEA to help suppliers transit to 100% renewable power

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Rashi Bisaria | June 11, 2021

IKEA to help suppliers in India, China, Poland transit to 100% renewable power

Swedish home furnishing retailing major IKEA on Thursday said it will launch a programme in India, Poland and China this year, helping suppliers there transit to 100 per cent renewable electricity. Under this initiative, the company would invest and support nearly 1,600 direct suppliers, IKEA said in a statement. IKEA is striving for 100 per cent renewable energy throughout the entire value chain.

Centre urges Chinese govt to allow Indian travellers into China

India on Thursday asked China to allow Indian citizens to travel to that country especially those who work or study there, and said that essential two-way travel should be facilitated, especially keeping in view the fact that Chinese nationals are able to travel to India. The Ministry of External Affairs (MEA) also said that it was in touch with the Chinese side in order to seek an early resumption of travel by Indian citizens to China.

G-7 nations to share 1 bn COVID-19 vaccine doses with the world

The Group of Seven nations are set to commit to sharing at least 1 billion coronavirus shots with the world, British Prime Minister Boris Johnson has announced, with half coming from the U.S. and 100 million from the UK as President Joe Biden urged allies to join in speeding the pandemic's end and bolstering the strategic position of the world's wealthiest democracies.

Indiscriminate, incomplete vaccination can promote mutant strains, health experts tell PM Modi

A group of public health experts, including doctors from AIIMS and members from the national taskforce on Covid-19, have said mass, indiscriminate and incomplete vaccination can trigger the emergence of mutant strains. The panel have also recommended that there is no need to inoculate those who have had coronavirus infection. Vaccinating the vulnerable and those at risk, instead of mass population-wide inoculation including children, should be the aim at present.

India slips 12 spots to 55th position in housing price appreciation

India has moved down 12 places in the global home price index in Q1 of 2021 to 55th position from 43rd rank during the same quarter last year, shows the latest report by global property consultancy Knight Frank. In the Covid-hit quarter, housing prices in India fell 1.6 per cent. With respect to 6-month (Q3 2020 to Q1 2021) and three-month (Q4 2020 to Q1 2021) changes, housing prices saw 0.6 per cent and 1.4 per cent growth, respectively.

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