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India’s push for ethanol-mixed fuel sparks driver backlash, leaves carmakers scrambling
When asked about issues on warranty and insurance due to usage of...
Cloudbursts landslides in Uttarakhand 6 killed 11 missing
Uttarakhand has been hit hard by natural calamities this monsoon...
India likely to get normal monsoon this year, Skymet says
The weather forecaster expects "sufficiently good rains" in southern, western and north-western parts of the country. Punjab, Haryana, Rajasthan and Uttar Pradesh in the north together make the farm bowl of north India New Delhi: India is expected to see a normal...
Experts hail SC ruling on climate change but warn against impacts of renewable energy projects
Manshi Asher, a researcher and an activist working on environment justice issues, said the judgment needs to be examined closely because it is being invoked to justify large-scale centralised solar production and transmission, which has a high material footprint...
Zurich Insurance to halt coverage of new fossil-fuel exposures
Zurich says its policy update is limited to new fossil-fuel projects, and that it will continue to underwrite existing ones. The company also says the measures are unlikely to have a significant impact on its bottom line Zurich Insurance Group AG will no longer...
Climate change poses challenges for monetary policy, says RBI report
Climate change directly impacts inflation through adverse weather events affecting agricultural production and global supply chains, climate change could impact the natural rate of interest, and the after-effects of climate change might weaken the transmission of...
SEC stays climate disclosure rule amid legal challenges
The U.S. Securities and Exchange Commission’s first-of-its-kind regulation on how companies share certain climate-related risks with investors had attracted multiple lawsuits. It aims to set standards for how companies communicate with investors about greenhouse gas...
Wheat price won’t be affected, vegetable needs to be watched out: RBI Governor on heatwave predictions
Shaktikanta Das,Governor,Reserve Bank of India The RBI Governor said that since wheat harvesting is almost over in the country, any heatwave condition won't impact wheat prices, but the prices of vegetable has to be watched out in wake of the temperatures...
India’s most innovative cities are running out of water
Tech professionals are leaving India’s IT hub of Bengaluru amid an intensifying drought that has gripped the city as it sweats through another torrid pre-monsoon season, the Deccan Herald reported this month. More than half of the wells the city depends on for...
Gadkari vows to eliminate petrol, diesel vehicles; tax cut for hybrid cars
Union minister Nitin Gadkari Gadkari did not give any timeline to meet this ambitious target which even proponents of green energy believe is mind bogglingly difficult New Delhi: As part of his ambition to make India a green economy, Union minister Nitin Gadkari wants...
LS polls: Over 60 environmental groups demand ban on mega infrastructure projects in Himalayas
Climate activist Sonam Wangchuk said, "While industries exploit the riches of the Himalayas, the local people bear the brunt of disasters. The government uses taxpayers' money for rehabilitation efforts, yet those who reap the benefits are not held accountable" New...
New record of 142 global Nat Cat events globally, USD108 billion insured losses in 2023: Swiss Re
Moses Ojeisekhoba, Swiss Re's CEO Global Clients & Solutions, says: "As weather hazards intensify due to climate change, risk assessment and insurance premiums need to keep up with the fast-evolving risk landscape. Looking ahead, we must focus on reducing the loss...