The cyclone is likely to turn into a severe storm by Tuesday,...
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Australia sues Microsoft over AI-linked subscription price hikes
The Australian Competition and Consumer Commission (ACCC) alleged...
Inclined to entrust CBI with investigation of all digital arrest cases: SC
The top court noted the submissions of Solicitor General Tushar...
Many extreme events of 2023 in line with predictions of warmer world study finds
"Many of 2023's events are consistent with projected future changes in a warmer world, showing the challenges that are to come, while some were a surprise, suggesting there is still more to learn about what's potentially around the corner," Wenxia Zhang from the...
FPIs withdraw over Rs 5,200 crore in April so far from domestic equities
The major trigger for FPI selling was the tweak in India's tax treaty with Mauritius, which would now impose higher scrutiny on investments made in India via the island nation, Himanshu Srivastava, Associate Director, Manager Research, Morningstar Investment Research...
Majority of top-100 companies making disclosures about carbon emissions: PwC India
The government and the regulators have introduced new regulations pertaining to ESG (environmental, social and governance) for businesses. India's transition to BRSR Core positions the nation as a frontrunner in the global transition towards a more credible and...
Health Insurance: IRDAI removes age cap on policies since Apr 1
“Insurers must ensure they offer health insurance products catering to all age groups. They may design products specifically for senior citizens, students, children, maternity, and other groups as specified by the Competent Authority,” stated a notification issued by...
Dubai floods: Climate change making extreme weather events like heat and rain more intense
El Niño, the climate phenomenon that makes seas warmer and alters weather patterns globally, may have affected the storm. Climate change can’t be ruled out as a factor, though more detailed studies are needed to establish its exact influence, several climatologists...
States sue to block US rules curbing tailpipe emissions in cars, light trucks
Republican-led states also have challenged the U.S. Securities and Exchange Commission's corporate climate disclosure rules, the U.S. Energy Department's pause on approvals for new liquefied natural gas export facilities and EPA rules toughening standards for air...
Govt plans selling stakes in GIC Re, LIC in FY24/25
“The government has received good feedback in investor roadshows for GIC, and is open to sell its 10 per cent stake in tranches depending on its shares' value,” the official said. The sale of 10 per cent stake in GIC would be done over a period of time, the official...
Investor climate group to go for assets in private equity, debt
The Net-Zero Asset Owner Alliance, whose pension fund and insurer signatories manage $9.5 trillion in assets, said the new Target-Setting Protocol was its most ambitious yet to help halve emissions by 2030 and get to net-zero emissions by mid-century The world’s...
El Niño to trigger drought insurance payouts in four southern African states
El Nino, which brings dry and hot weather to Southern Africa, has decimated harvests of corn across the region. Zimbabwe is expected to harvest about 60% less of the regional staple this year than it did in 2023 and together with Malawi and Zambia has declared a...
Dubai faces heavy disruption as flooding worsens
The heavy rains across the desert nation came after cloud seeding. The UAE has been carrying out seeding operations since 2002 to address water security issues, but the lack of drainage in many areas can trigger flooding, including in cities such as Dubai that’s a...