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Odisha CM declares unseasonal rain as natural calamity to provide relief to farmers
“Unseasonal rain was not on the list of natural calamities in the...
Study estimates only a quarter of Indian population can access stroke facility in an hour
Ischaemic stroke is the most common, accounting for about 70-80 per...
Explainer: Can companies leaving Russia recoup losses through insurance?
Vladimir Putin,President,Russia Companies that leave and abandon their business without any action taken by the Russia government to seize control of their assets will have a tough time collecting insurance, according to legal experts "You see companies saying 'we're...
U.N. to roll out global early-warning systems for extreme weather
Petteri Taalas, Secretary-General, World Meteorological Organization With the trend expected to worsen as global temperatures continue to climb, "there is a need to invest $1.5 billion" in the next five years to predict when extreme events might occur, said World...
Private vs. public: predicting and preparing for future pandemics
COVID-19 turned into a US$22-trillion disaster killing more than six million people globally partly because the dots between warning and action were not connected. Some governments took quick and precautionary action, especially those that had invested in their public...
Pandemic keeps uber rich off charities, contribution drops from 18% to 11%: Report
CSR, family philanthropy and retail giving cumulatively contribute about 84 per cent of the total private philanthropic capital in the country, ''and they will act as three strong pillars as we move ahead'', says the report Mumbai: In spite of a massive jump in the...
Higher Motor 3rd Party motor premium to be implemented after mid-May
``Notice is hereby given that the said draft rules shall be taken into consideration after the expiry of a period of 30 days from the date on which the copies of this notification as published in the Gazette of India, are made available to the public,'' said the...
Marsh launches ESG Risk Rating to measure companies’ ESG performance
``With the ESG Risk Rating, we are providing our clients with a clear framework from which to better understand their ESG performance, make more informed investment decisions, and realize better risk management outcomes,” said Amy Barnes, Head of Climate and...
U.S. SEC proposes companies disclose range of climate risks, emissions data
It would also require companies to disclose greenhouse gases generated by suppliers and partners, known as Scope 3 emissions, if they are material or included in any emissions targets the company has set SEC chair Gary Gensler said the agency was responding to...
Japan’s Suzuki, SkyDrive sign deal to develop, market ‘flying cars’
The company, which is also developing cargo drones, aims to launch a 'flying car' service in Osaka in 2025 when the Japanese city hosts the World Expo. For Suzuki, the partnership will add 'flying cars' as a fourth mobility business, in addition to automobiles,...
India-Retirement and second home market size will increase to $4 billion by 2026
"Second homes have been part of an aspirational lifestyle for a long-time, and with the pandemic changing the real estate market in various ways, the second home industry has come into the spotlight," said Aditya Kushwaha, CEO and Director, Axis Ecorp. India's...
New Zealand enacts a new law to modernise natural hazard insurance
The Bill’s name - Natural Hazards Insurance Bill - recognises the fact that EQC’s mandate extends further than just helping people recover from earthquakes. In fact, its insurance scheme also covers landslips, volcanoes, tsunami and hydrothermal activity. Making this...