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DISASTER RECOVERY FUNDS
Extreme weather to drive $20 trillion in global spendingAnalysts note that companies involved in environmental adaptation and mitigation have already outperformed the broader market significantly.- Udaan’s pre-IPO top-up; Tata’s Assam chip hub test runHappy Monday! Udaan is in talks to raise fresh funds amid IPO talks. This and more in today's ETtech Morning Dispatch.
- ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
- Why US stock market Dow Jones, S&P 500, Nasdaq on the move today? Dow jumps over 400 points, Nasdaq rallies 1%+, S&P 500 climbs as AI stocks rebound and earnings buzz buildsWhy are Dow Jones, S&P 500, and Nasdaq surging today? US stock market rally today is gaining strong momentum, backed by hard numbers and fr...
- Monster typhoon in the Pacific Ocean is bearing down on group of remote US islandsSuper Typhoon Sinlaku is targeting remote U.S. Pacific islands, bringing heavy rain and destructive winds to Guam and the Northern Mariana ...
- TSA warns of US airport shutdowns, but no deal yet on day 40 of Homeland Security funding fightThe TSA warns of potential airport shutdowns due to the ongoing budget impasse, as unpaid workers face severe financial hardship and increa...
- Centre allocates over Rs 2000 cr to Himachal for flood, landslide damages in 2023A committee led by Home Minister Amit Shah has approved ₹2,006.40 crore in central aid for Himachal Pradesh's recovery from the 2023 floods...
- States should focus on disaster mitigation plan: PM's PSPrincipal Secretary to the Prime Minister, PK Mishra, outlined a 10-point action plan to bolster India's long-term disaster management capa...
- As Donald Trump pushes for FEMA restructure, here’s a look at its history and functionThe Federal Emergency Management Agency (FEMA) plays a crucial role in disaster response across the United States. Established in 1979, the...
- Is the FEMA money for hurricane victims being used for immigrants? Here's the truthKari Lake claims that FEMA lacks resources for American disaster relief. Despite that Humanitarian aid, federal funding to the migrants has...
- Pooling together to tackle riskIndia needs a diversified financial strategy to manage disaster risks, as about 90% of economic losses from natural disasters remain uninsu...
- MHA issues new fund norms for 'recovery, reconstruction' after 15th Finance Commission's suggestionsThe home ministry has introduced new guidelines for the creation and management of recovery and reconstruction funds, following recommendat...
- Centre approves Rs 1658 cr recovery, reconstruction plan for JoshimathThe Uttarakhand government will provide Rs 126.41 crore from its State Disaster Response Fund (SDRF) towards relief assistance and Rs 451.8...
- China moves to boost economy with $137 billion sovereign bond issuanceChina plans to issue sovereign bonds worth 1 trillion yuan ($137 billion) in the fourth quarter to support the economy after a slow post-Co...
- Why governments need a well-diversified financial system to deal effectively with natural disastersCountries must adopt a comprehensive risk management strategy to access resources from funding mechanisms to invest in response, recovery, ...
- For the poor and vulnerableLow-income groups and communities of colour are disproportionately affected, often lacking insurance, access to credit and the resources to...
- High Court seeks clarification from Kerala government on plan to set up separate fund for flood reliefThe government informed the court that the money collected in the Chief Minister's Disaster Relief Fund (CMDRF) would not be diverted for a...
- World Bank approves $250 million loan for J&K flood recovery projectDue to unprecedented heavy rainfall in September 2014, J & K suffered severe floods with massive loss of lives and infrastructure.
- $5.5 bn fund earmarked for disaster mitigation: Kiren RijijuThe minister said the Union government has "earmarked 10 per cent funds in all development schemes" for disaster mitigation, recovery and i...
- Omnitech plans to raise $35 mn from overseasLeading IT technology services company, Omnitech InfoSolutions, today said it planned to raise $35 million from overseas markets to fuel it...
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