More than 25 people were killed Thursday in landslides in the...
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India likely to cross $4 trillion economy mark this fiscal: CEA Nageswaran
Chief Economic Advisor V. Anantha Nageswaran noted India is fully...
Heavy rainfall unleashes deadly floods across Southeast Asia
Total number of confirmed dead in Vietnam is now 91.Flooding in...
Megatrends: 4 Interconnected Issues Driving Global Uncertainty For Business and Society
The megatrends of Trade, Technology, Weather and Workforce are creating unprecedented challenges for business leaders, who risk decision paralysis when urgent action is needed," said Greg Case, president and CEO of Aon Aon plc a leading global professional services...
Climate change may lead to increased probability of defaults: RBI DG Rao
M Rajeshwar Rao,deputy governor, Reserve Bank of India "Climate change would lead to additional operational costs for the borrowers with an increased possibility of loss of their assets, leading to increased probability of default by the borrowers," he said at Credit...
Bajaj Allianz General unveils retail parametric cover for climate risks
L to R -Alpana Singh, Head - Bancassurance, Agri and Govt Business, Bajaj Allianz General Insurance (BAGIC),Kripan Ghosh, Deputy Director General and Head, Agricultural Meteorology Division, Climate Research and Services, IMD Pune, Tapan Singhel, MD & CEO,BAGIC at...
UK polluting water bosses face up to two years in prison
The new measure delivers on the government’s promise to bring tougher criminal charges against lawbreakers in the water industry, UK’s Department for Environment, Food & Rural Affairs said in a statement. It’s essential “because some water companies have...
Delhi plans to curb gasoline car sales, ban gas-guzzling bikes to shed polluter tag
The primary objective "is to unlock the next phase of EV adoption, reduce air pollution and contribute to India's energy independence and net-zero targets," the draft stated.the policy document says, no new sales of gasoline, diesel and gas-based two-wheelers will be...
Renewable Energy: Nat Cat and unmodelled extreme weather risks emerge as a defining challenge
A new report by GCube Insurance calls for action from insurers, developers, and financiers to close the global renewables risk management gap. This will involve enhancing data accuracy through updated Nat Cat modelling, optimising asset design to withstand emerging...
US Treasury’s Bessent urges IMF, World Bank to refocus on core missions
"The IMF was once unwavering in its mission of promoting global monetary cooperation and financial stability. Now it devotes disproportionate time and resources to work on climate change, gender, and social issues. These issues are not the IMF's mission."U.S. Treasury...
World’s biggest companies cause $28 trillion in climate damage: Study
Everybody's asking the same question: What can we actually claim about who has caused this? said Dartmouth climate scientist Justin Mankin, co-author of the study. And that really comes down to a thermodynamic question of can we trace climate hazards and/or their...
Snow persistence in Hindu Kush hits 23-year low south Asia’s water security at risk: Report
``To tackle this regional snow crisis and the challenges it creates for long-term food, water and energy resilience, we urgently need to embrace a paradigm shift toward science-based, forward-looking policies and foster renewed regional cooperation for transboundary...
Amaravati set to become world’s first fully renewable-powered city
With an ambitious plan to harness 2,700 megawatts (MW) of green energy, the city aims to meet all its electricity needs through sustainable sources like solar, wind, and hydropower, officials said Vijayawada: Amaravati, the planned capital of Andhra Pradesh, is set to...