``Keeping in view the intensity and magnitude of the Meppadi...
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Disaster & Management
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Spectee expands crisis management system to the Philippines following success in Japan
This system, designed to monitor and manage disasters like...
European Central Bank plans insurance for climate risks
One part of the plan is a voluntary public-private reinsurance...
Global insured losses from natural disasters exceed $130 Billion in 2022, second-costliest event on record: Aon
Data show that 2022 was the fifth costliest year on record for insurers, with approximately $50-55 billion of the global insured loss total resulting from Hurricane Ian in the United States - the second-costliest natural catastrophe in history from an insurance...
Joshimath crisis: Badrinath National Highway develops cracks
Significantly, the number of structures that have developed cracks in the holy city has increased to 863 In view of the cracks, along with the obstruction of the road to Badrinath Dham, the contact of the Indian Army with the China border may also be cut off...
Centre to enhance disaster fund for Himachal Pradesh: CM Sukhu
Sukhvinder Singh Sukhu,Chief Minister, Himachal Pradesh The Chief Minister said that these radars will be able to forecast heavy rain, thunderstorm and hailstorm within 100 kilometer radius in all directions, especially for short-range forecasting and will be helpful...
Two more hotels lean towards each other in Joshimath, cracks widen at many places
Many houses were damaged in varying degrees in the land-subsidence areas while water from the aquifer was constantly flowing down with great force. Dehradun/Joshimath (U’khand): Two more hotels were dangerously leaning towards each other while wider cracks have...
CSIR lab proposes disaster resilient model town for people displaced from Joshimath
The Roorkee-based institute of the Council of Scientific and Industrial Research (CSIR), has also suggested a three-pronged action plan for Joshimath that envisages demolition of tilted buildings, safety assessment of existing 4,000 buildings and providing...
Cost-of-living crisis biggest Global Risk: Davos Study
"The short-term risk landscape is dominated by energy, food, debt and disasters," said Saadia Zahidi, a managing director at WEF The cost-of-living crisis is the biggest global risk over the next two years, the World Economic Forum warned Wednesday in a survey...
Catastrophe bond yields soar as disasters abound and rates rise
The increasing threat of losses from disasters make issuing new cat bonds all the more important for the insurance industry, but it might be difficult to find enough investors.Margins on new issuances of catastrophe bonds covering US wind events are now at the highest...
Sinking Joshimath: Admin sounds alert, asks residents to move to relief centres
Taking stock of the prevailing situation in the popular pilgrimage site, Uttarakhand Chief Minister Pushkar Singh Dhami has given instructions for monitoring all ongoing development works in the area while ensuring immediate relief and rescue of residents affected by...
PMO to hold high-level meeting on Joshimath crisis
The Uttarakhand government has requested the National Remote Sensing Centre (NRSC), Hyderabad and the Indian Institute of Remote Sensing (IIRS), Dehradun to conduct a study of Joshimath area through satellite images and submit a detailed report with photographs New...
Dhami orders immediate evacuation of 600 families in Joshimath
All construction activities related to mega projects like the chardham all weather road and the NTPC’s hydel project have been stopped till further orders on the demand of residents. The Auli ropeway, which is Asia’s biggest, has been stopped after a huge crack...