M K Stalin,Chief Minister,Tamil Nadu In his Independence Day...
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2024 Cat bonds issuance set to exceed 2023 record
A fresh analysis by Swiss Re shows issuance of the bonds was well...
People’s concerns over natural disasters growing in recent years: PM Modi
PM Narendra Modi addressing the nation from the ramparts of the Red...
Gulab impact: Heavy crop damages reported in Andhra Pradesh
“An ex gratia of Rs 5 lakhs to the families of the deceased and Rs 1,000 should be given to each family while returning home from relief camps,” said Andhra Pradesh Chief Minister YS Jagan Mohan Reddy.
Agricultural and horticultural crops in over 1.63 lakh acres suffered damaged due to the heavy downpour in Srikakulam, Vizianagaram, Visakhapatnam, East Godavari, West Godavari and Krishna districts, Agriculture Minister K Kanna Babu said while citing preliminary estimates.
Over 90 pc Indian business leaders feel pandemic pressed need to improve crisis mgmt capability: Study
Puneet Garkhel, Partner and Leader, Forensics Services, PwC India, said that operations and supply chain, finance and liquidity, and workforce are the three areas in which Indian businesses experienced ”significant” or ”critical” impact owing to the pandemic. ”Indian businesses that have survived and even thrived, through this period have several significant foundational strengths in common with the most critical being a dedicated crisis response team with a fit-for-purpose response strategy, aligned to their organisation’s goals and purpose,” said Garkhel.
ADB approves $251m for urban flood management in India
“This project will improve climate and disaster resilience of affected communities, ultimately protecting their lives, economy, and the environment.”
World Bank and Sri Lanka sign agreement to strengthen Climate Resilience
Sri Lanka is among countries most affected by extreme weather events and is expected to see a 1.2 percent annual GDP loss by 2050 due to climate change. It is estimated that close to 19 million Sri Lankans may live in areas that could become moderate or severe hotspots in terms of floods or droughts by 2050.
Running out of time: UN report shows Earth on catastrophic path
Scientists have been increasingly vocal and specific about what will happen if the global temperature continues to rise. These predicted changes include everything from heat waves, wildfires, and flooding — already evident today — to conditions that may render coastal cities too wet and tropics too hot for sustained settlement.
C-DOT developing tech to tap all media for broadcasting disaster alerts
The Centre for Development of Telematics (C-DOT) is developing the system for National Disaster Management Authority (NDMA) and expects it to be ready in 18 months, CDOT chairman and executive director Rajkumar Upadhyay told PTI.
”We are developing a pan-India integrated alert system which can send out alerts across all mediums at one go in an emergency situation. It will be deployed by NDMA. Once the system is deployed, the department concerned will have to just mark the area on the map by pen and the alert will go across all mediums in that area in the local language,” Upadhyay said.
Tech giant Xiaomi patents earthquake monitoring mobile tech
The patent describes a system that is capable of reading/monitoring seismic activity from a mobile equipment. This technology would be used in detecting earthquakes, reports GizmoChina.
The ‘mobile device’ would transfer key data obtained to send it to an earthquake processing center.
The system would also permit the underlying processor to identify and predict earthquake events based on multiple readings, the report added.
Depression crosses Odisha, hits over 20 lakh people and leaves 4 dead
The calamity has also caused severe damage to about 100 roads and left 25 villages marooned. As per preliminary reports received from districts there have been four human causalities ,including a three-year-old girl in a wall collapse in Ganjam in southern Odisha.
Ida losses to range from $17 to $ 25 billion:AIR
Included in the estimates are losses to onshore residential, commercial, industrial properties, and automobiles for their building, contents, and time element coverage, as well as estimated insurance take-up rates for wind and flood across the entirety of Ida’s track, including the flooding that occurred in the Northeast.
AIR’s losses do not include any estimate of losses from the National Flood Insurance Program, or any losses from offshore assets. The industry loss estimates also reflect an adjustment to account for increased material and other repair costs in the current construction market.
Offshore operators face big Ida losses as insurers trim cover
Insured losses to offshore platforms, rigs, and pipelines are estimated to be between $700 million and $1.5 billion, according to industry experts.
That is markedly below $2 billion to $3 billion of insured losses suffered by operators during Hurricane Katrina in 2005 as estimated by the Insurance Information Institute.