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Australia to $6 billion on climate adaptation through 2030
The money is earmarked for flood mitigation, bushland conservation,...
Jaguar Land Rover extends production halt until Sep 24 over cybersecurity breach
The carmaker explained that it is still carrying out a forensic...
8 of 10 business leaders globally adopting AI for growth: TCS study
Most, at 65 per cent, believe AI will augment and enhance human capabilities, enabling people to focus on higher-value activities that require creativity and strategic thinking. Harrick Vin, Chief Technology Officer, TCS, said, "2023 was a year of exuberance, with...
Delhi’s outdoor workers, low-income households bear brunt of deadly heat
Anna Walnycki, a principal researcher on IIED's human settlements team, said the alarming rise in extreme heat events in India due to climate change is significantly impacting health, wellbeing and productivity of all, especially those living in low-income and...
ECB warns of stability risks from global elections, geopolitics
Global dangers have only increased since Russia invaded Ukraine on the euro zone’s border in 2022, with the Middle East representing the latest hot spot. Elections — including Donald Trump’s bid to return to the White House in November and European Parliament polls...
EU finalises investment fund labels to combat greenwashing
The European Securities and Markets Authority (ESMA) said a fund that has any environmental, social or governance (ESG) related words in its name must have at least 80% of assets that meet ESG objectives in accordance with the binding elements of its stated investment...
FPIs withdraw Rs 28,200 cr from Indian equities on poll jitters
There are two main reasons why FPIs have been selling in FY2025. First, there's uncertainty about the general elections. FPIs generally don't like uncertainty; they prefer to play it safe and lock in the profit they made last year. Second, the market valuations are...
Wildfires could affect over half of Canada’s oil sands output: Report
Companies like Suncor Energy, Canadian Natural Resources and Imperial Oil have oil sands projects within 150 km of Fort McMurry, an oil sands hub in Northern Alberta, with many workers living in the city More than half of the oil sands production from Canada could be...
Dieselgate: Volkswagen’s $54 million settlement with Italian owners
In the settlement, over 60,000 car owners affected by the emissions fraud will be paid up to 1,100 euros each, Italian consumer group Altroconsumo said in a statement. The scandal rocked the automotive industry in 2015 when it emerged that vehicles had been fitted...
Digital Competition Bill: Strengthen existing regulatory bodies like CCI, NCLAT, says Nasscom
While there may be an enforcement concern, it is pertinent to examine the resource challenge of the Competition Commission of India (CCI) that looks into anti-market practices of the Big Tech platforms New Delhi: As India aims to adopt the Digital Competition Bill to...
Nepal halts sale of Indian spice-mixes amid quality worries
"As residue contents of ethylene oxide are found to be exceeding the prescribed limit in these four products, the import and sale of these products are banned within the country as per Article 19 of the Food Regulation 2027 B.S.," the department said in a notice...
Dr Reddy’s, Sun Pharma, Aurobindo recall products in US
As per the USFDA, a Class II recall is initiated in a situation in which use of, or exposure to, a violative product may cause temporary or medically reversible adverse health consequences or where the probability of serious adverse health consequences is remote New...