Earlier this month, the Reserve Bank of India enabled Separate...
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Insurance and vessels not available for Iran-bound cargo amid Middle East conflict, India’s basmati rice shipments to Iran stuck at ports
The shipments are primarily held up at Kandla and Mundra ports in...
Gold shows structural shift as volatility falls, rate sensitivity weakens: Llama Research
New Delhi: Volatility in gold prices has declined and its response...
ADB President calls for regional cooperation in tackling climate change at IMT-GT Leaders’ Summit
Masatsugu Asakawa,President,Asian Development Bank ADB is intensifying efforts to deliver $100 billion in climate financing across Asia and the Pacific by 2030, while supporting a range of initiatives like the Innovative Finance Facility for Climate in Asia and the...
Cyclone Mocha: Overheated Bay of Bengal fuelling a climate crisis
Extreme weather hazards will occur more frequently due to climate change in the years ahead, the International Organization for Migration (IOM) warned "The linkages between climate change, migration, and displacement are increasingly pressing worldwide," it said,...
China new financial regulatory body gets a chief
The National Financial Regulatory Administration(NFRA) is a new government body under the State Council tasked with consolidating supervision over the multi-trillion dollar financial industry It will replace the CBIRC and absorb some supervisory functions from the...
Governments across the world race to regulate AI tools
The European Data Protection Board, which unites Europe’s national privacy watchdogs, said in April it had set up a task force on ChatGPT, a potentially important first step towards a common policy on setting privacy rules on AI Rapid advances in artificial...
UN agencies brace for disaster as Cyclone Mocha intensifies in Bay of Bengal
Extreme weather hazards will occur more frequently due to climate change in the years ahead, IOM warned ““The linkages between climate change, migration, and displacement are increasingly pressing worldwide,” the agency said, calling on governments to implement...
World Bank team meets Kerala CM; expresses interest in state’s carbon neutral initiatives
World Bank Vice President for South Asia Region Martin Raiser said the World Bank's 'Resilient Kerala Programme' to support the state's preparedness against natural disasters, climate change impacts, disease outbreaks, and pandemics was progressing well....
RBI invites firms to participate in Greenwashing TechSprint
The number of investment products marketed as 'green' or making wider sustainability claims is growing. Exaggerated, misleading or unsubstantiated claims about Environmental, Social and Governance (ESG) credentials damage confidence in these products and the RBI wants...
In major climate step, US govt agency proposes 1st limits on greenhouse gas emissions from power plants
If finalised, the proposed regulation would mark the first time the federal government has restricted carbon dioxide emissions from existing power plants, which generate about 25 per cent of US greenhouse gas pollution, second only to the transportation sector...
Climate Change: Indian farmers seek to escape debt and suicide
In a new report linking rainfall deficits to higher farmer suicide rates in India's drought-prone states, researchers said climate change was making "agriculture an extremely risky, potentially dangerous and loss-making endeavour" By Roli Srivastava and Bhasker...
War, natural disasters left record 71 million people internally displaced in 2022, report says
The number of people displaced inside their country at the end of the year because of disasters like floods and famine reached 8.7 million, up by 45 per cent from 2021 The war in Ukraine helped push the global total of people left internally displaced by conflict or...