Kazakhstan's government originally fined NCOC 2.3 trillion tenge -...
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J-K: Five killed, 14 injured as landslide hits Mata Vaishno Devi route
The hill state of Himachal Pradesh, already reeling under the...
Global Expansion: India Inc needs a multi-dimensional shield
Vaibhav Luthra, Tax Partner, EY India said, “India’s global...
UK’s Nationwide stops lending to some homes over flood risk
Nationwide Building Society uses mapping technology to identify which individual homes are vulnerable to flooding, Nationwide Head of Property Risk Rob Stevens said in an interview. The company will decline to make a loan to purchase a property it deems to be at high...
UN officials urge swift action to tackle El Niño-induced extreme weather
The current El Niño event began in mid- to late 2023, causing the ocean’s temperature to rise, and its impact has already decimated farming in southern Africa, triggering crop shortfalls and rising commodity prices. At the same time, flooding in Kenya has affected...
Here’s why experts don’t think cloud seeding played a role in Dubai’s downpour
“When we talk about heavy rainfall, we need to talk about climate change. Focusing on cloud seeding is misleading,” said Imperial College of London climate scientist Friederike Otto, who heads a team that does rapid attribution of weather extremes to see if they were...
Oil, chemical industry lobbyists flood UN talks on cutting plastic pollution
The aim of this week's United Nations negotiations is to create a legally binding treaty that would cover the entire lifecycle of plastic, from production to disposal or reuse. But some fossil fuel and petrochemical industry groups, as well as countries that rely on...
CRISIL subsidiary gets SEBI nod to offer ESG ratings
Gurpreet Chhatwal, Managing Director, CRISIL Ratings, “The ESG scores, which will henceforth be called ‘ESG ratings’, have already found traction among market participants. These are based on a unique India specific framework that factors in nuances at the sectoral...
Yamuna pollution NGT imposes Rs 65 crore environment compensation on two UP civic bodies
It said based on the "polluter pays principle", the Agra nagar nigam is liable to pay environment compensation of Rs 58,39,20,000 (Rs 58.39 crore) while the Mathura-Vrindavan nagar nigam is liable to pay Rs.7,20,10,000 (Rs 7.20 crore) In a 200-page judgment, the bench...
Global brands responsible for majority of branded plastic pollution
They found that the top five brands were The Coca-Cola Company (linked to 11 per cent of branded plastic waste), followed by PepsiCo (5 per cent), Nestlé (3 per cent), Danone (3 per cent), and Altria (2 per cent). In all, 56 companies were identified International...
Invest in disaster resilience today for safer tomorrow: Indian PM Modi
"Earthquakes destroy houses, making thousands of people homeless. Natural disasters can disrupt water and sewage systems, putting the health of people at risk. Some disasters can impact energy plants, leading to potentially dangerous situations. These things have a...
South Korean court hears children’s climate change case against government
The proceeding is Asia's first such climate-related litigation, the plaintiffs said, which includes four petitions by children and infants among others dating from 2020, as well as one from a foetus at the time, nicknamed Woodpecker. South Korea's Constitutional Court...
Extreme weather may pose risk to inflation, says RBI Bulletin
Supply shocks play a significant role in shaping inflation dynamics, with first and second-round effects exerting distinct but interconnected influences on prices and economic activity. The first-round effects typically manifest as immediate changes in the prices of...