Indian
Risk persists even though Covid cases starting to plateau in parts of India: WHO
''Even though some cities or states may be beginning to see...
Assets under management for ESG funds up 2.5 times in FY21: Nasscom
"Companies are not just becoming alert to ESG performance of...
SC refuses to lay down yardstick for granting reservation in promotion to SCs/STs
The apex court said it cannot lay down any yardstick to determine...
Sensex succumbs to late sell-off, ends 77 pts lower
Vinod Nair, Head of Research at Geojit Financial Services, said,...
International
Japanese ship involved in Mauritius oil spill breaks apart
Port Louis: Japanese bulk carrier that ran aground on a reef...
Lebanon’s insurance claims from Beirut port blast total $425 million, so far
Caretaker Economy Minister Raoul Nehme said 2,500 claims have been filed, according to the presidency’s Twitter account. The ministry expects claims to reach 10,000
Insured losses from the Beirut port warehouse explosion are likely to total around $3 billion, similar to those from an explosion at the Chinese port of Tianjin in 2015, industry sources and analysts say.
World temperature record set in California’s Death Valley
Climate change has pushed global temperatures to new highs. In Europe, northern Spain broke local heat records in July, while wheat fields in France caught fire.
Forests across Siberian Russia are seeing unprecedented wildfires, while the Arctic sea ice shrank to a record low for July due to melting.
Who pays for Mauritius oil spill and how much?
Under the 2001 International Convention on Civil Liability for Bunker Oil Pollution damage, which is referred to as the BUNKER convention and has been administered by the International Maritime Organization (IMO) since it came into force in 2008, the owners of vessels are responsible for damage caused by oil leaks. That means Nagashiki rather than Mitsui OSK is liable.The Wakashio is insured by Japan P&I Club, the country’s only organization that underwrites protection and indemnity insurance for ocean going and coastal vessels. On Wednesday, a spokesman for Japan P&I said it was “trying to make internal estimates” for how much the clean up would cost.
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