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Climate change: Threatening access to water and sanitation
And globally, each 1°C increase caused by global warming is projected to result in a 20 per cent reduction in renewable water resources, affecting an additional seven per cent of the population It is estimated that more than one third of the European Union will be...
Insurance companies should not be too technical while settling claims, says SC
The observation of the top court came while allowing an appeal against the August 2021 order of the National Consumer Disputes Redressal Commission (NCDRC) in a matter relating to the settlement of a claim under the insurance policy for a truck that was stolen in 2013...
Taxpayers can now claim refund of IGST on ocean freight: Experts on SC judgement
Giving its ruling in the Mohit Minerals case, the Supreme Court held that since the Indian importer is liable to pay IGST on the 'composite supply', comprising of supply of goods and supply of services of transportation, insurance, etc in a CIF (Cost Insurance...
EXPLAINER-How concerned should we be about monkeypox?
The risk to the general public is low at this time, a U.S. public health official told reporters at a briefing on Friday. Monkeypox is a virus that can cause symptoms including fever, aches and presents with a distinctive bumpy rash Global health officials have...
Efforts to improve air quality show positive trends: Bhupender Yadav
Bhupender Yadav,Union Environment Minister National Clean Air Programme 'is a national-level strategy for a 20 per cent to 30 per cent reduction in PM2.5 and PM10 concentration by 2024, with 2017 as the base year for comparison The programme covers 132 non-attainment...
Climate change boosted cost of Japan storm by $4 Billion, study shows
The research on extreme weather in Japan is the latest assessment of how inaction on curbing fossil fuel emissions is rapidly accelerating the cost of recovery and insuring people and property in the paths of more destructive storms The effects of human-caused climate...
Financial risks of climate change overplayed, senior HSBC banker says
Beau O’Sullivan, senior campaigner on the Bank on our Future campaign, called the comments “regressive and grossly flawed,” adding climate change posed a material risk to financial assets Central bank policymakers and other global authorities are exaggerating the...
Paytm forms general insurance JV without any external partner; to invest Rs 950 cr in 10 years
Vijay Shekhar Sharma, managing director, One97 Communications Initially, One97 Communications (OCL) will hold a 49 per cent stake in PGIL while the rest 51 per cent stake is to be owned by OCL's managing director Vijay Shekhar Sharma-led VSS Holding Private Limited...
Smartphone use can hamper mental well-being in young adults
She mentioned that social interaction teaches people how to read facial expressions, body language, physical touch, appropriate emotional responses, and conflict resolution, life skills that are crucial for socio-emotional development. Without these skills, people can...
Chhattisgarh govt asks PFRDA to return Rs 17,240 crore for old pension scheme rollout
In a letter to the Chairman of PFRDA, New Delhi on Friday, state’s Finance Secretary Alarmelmangai D said the Chhattisgarh government has decided to reinstate the old pension scheme (OPS) and therefore, the demand is being made to implement the decision Raipur: The...
Crypto ‘worth nothing’, should be regulated: ECB Prez Christine Lagarde
Christine Lagarde,European Central Bank President Lagarde told Dutch television that she’s concerned about people “who have no understanding of the risks, who will lose it all and who will be terribly disappointed, which is why I believe that that should be...
Govt alerts NCDC,ICMR on rapid jump in monkeypox cases abroad: Report
"Keep a close watch on monkeypox situation abroad. Send samples (to NIV, Pune) only in such cases where people display certain specific symptoms. Not samples of sick passengers," sources told ANI New Delhi: Issuing an alert to the National Centre for Disease Control...
Assam flood situation remains grim; over 7 lakh affected
A team of specialists from ISRO is already doing rapid damage assessment in Dima Hasao using drones and satellite data for post-disaster need assessment Guwahati: The flood situation in Assam continued to remain grim on Friday as waters entered fresh areas affecting a...
Farmer sues VW over climate change; German court has doubts
“Farmers are already being hit harder and faster by climate change than expected,” he told reporters this week, alleging that VW as the world's second-biggest automaker has contributed to the damage A court in Germany cast doubt on Friday on claims by a German farmer...
WHO calls emergency meeting as monkeypox cases cross 100 in Europe
In what Germany described as the largest outbreak in Europe ever, cases have been reported in at least eight European countries – Belgium, France, Germany, Italy, Portugal, Spain, Sweden and the United Kingdom - as well as the United States, Canada and Australia The...
Hackers, fraudulent customers steal Rs 7.38 crore from payment gateway firm Razorpay
On contacting its 'authorisation and authentication partner' Fiserv, a fintech and payments company, it was communicated to Razorpay that these transactions had failed and were not authorised or authenticated, the complainant said. Bengaluru: Hackers, fraudulent...
Govt orders probe after 3 incidents of in-flight engine shutdowns
India has seen a number of mid-flight shutdowns, and regulators have responded strongly in the past, once ordering IndiGo, the nation’s biggest airline, to ground some of its A320neo planes after engines manufactured by Pratt & Whitney experienced repeated...
IDBI Bank to exit insurance JV by selling entire stake to Ageas for Rs 580 rore
With the stake buyout from IDBI Bank, AFLI will become the first company in the life insurance sector where the foreign partner will raise its stake to the maximum permissible limit of 74 per cent Mumbai: IDBI Bank on Friday said it has entered into a pact with Ageas...