The National Disaster Management Authority, the finance ministry...
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Geopolitical volatility surges into top 10 business risks for the first time, Aon study
"The dramatic rise of trade and geopolitical risk highlights a new...
Over 90 flights cancelled scores delayed as rains batter Kolkata
The aviation chaos mirrored the citywide disruption as Kolkata lay...
ADB commits $2.6 billion in sovereign lending to India
"ADB's portfolio in 2023 supported the government's priority agenda. We will continue to focus on projects and programmes that accelerate India's structural transformation, create jobs, address infrastructure gaps, promote green growth, and foster social and economic...
Cyclone Remal wreaks havoc in West Bengal, Bangladesh after making landfall; 1 killed
Arup Biswas, the minister for power in West Bengal government, said the power infrastructure was heavily battered. Reports of at least 356 uprooted electricity poles and damage to scores of transformers were received during the first hour of the landfall process More...
Crippling heat wave in India peaks at 50 degrees Celsius in Rajasthan’s Phalodi
The punishing heat in India is straining power grids and drying up water bodies, triggering drought-like conditions in parts of the country. According to the Central Water Commission, water storage in 150 major reservoirs in India plunged to its lowest level in five...
Green energy will help fight pollution and create jobs in India
India's ambitious target of reaching 500 GW by 2030 and net zero by 2070 would require green transition in the way its people live and in the way they business. The intent for a green change can be seen in the hiring for green jobs. Studies suggest that India has the...
India and Bangladesh brace for year’s first cyclone
According to the Indian Meteorological department, 'Remal' has intensified into a severe cyclonic storm and is poised to make landfall between Bangladesh and the adjoining West Bengal coasts by midnight on Sunday, with sustained wind speeds ranging from 110-120 km per...
South Asia faces extreme weather with heatwave in India, cyclone in Bangladesh
Extreme temperatures throughout Asia last month were made worse most likely as a result of human-driven climate change, a team of international scientists said. India's summer temperatures often peak in May, but scientists have predicted more heatwave days than usual...
Global carbon pricing revenues top a record $100 billion: World Bank
World Bank report findings show large middle-income countries including Brazil, India, Chile, Colombia, and Türkiye are making strides in carbon pricing implementation. While traditional sectors like power and industry continue to dominate, carbon pricing is...
Loss Of 2.33 million hectares of forest cover: NGT Seeks MoEF&CCs response
The tribunal was hearing a matter where it had taken suo motu (on its own) cognisance of a newspaper report claiming a loss of 2.33 million hectares of tree cover across states since 2000 The NGT also sought a report from the director of the Survey of India showing...
Shipping: Losses hit all-time low despite increasing risks for the sector: Allianz Report
The number of shipping incidents reported globally declined slightly last year (2,951 compared to 3,036), with the British Isles seeing the highest number (695). Fires onboard vessels – a perennial concern – also declined Fires remain a key safety issue on larger...
Oil shipments at risk from rising sea levels, think tank warns
It said 12 out of the top 15 tanker terminals were expected to be impacted by one meter of sea level rise, including five based in Asia. Up to 42% of global crude oil exports from Saudi Arabia, Russia, the United States and the United Arab Emirates were at risk,...