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ADVERSE CLIMATE EVENTS
El Niño is here, but can the Indian Ocean Dipole save India's monsoon?El Niño conditions have developed in the Pacific Ocean. This weather pattern often leads to less rain and hotter temperatures in India. Far...
Forget stocks, you can now profit from Mumbai rains! Here's how NCDEX's unique weather futures workNCDEX has launched India’s first exchange-traded weather derivative contract, RAINMUMBAI, allowing traders and businesses to hedge against ...
Mexico city’s century-old sinking problem is accelerating under modern strainMexico City is sinking at an alarming rate, with some areas dropping nearly half an inch monthly, revealed by NASA's NISAR satellite. This ...
West Asia conflict triggers energy shock, tests Asia’s growth resilienceAsia faces economic challenges as a West Asia conflict disrupts energy markets. This shock impacts inflation and growth across the region. ...
Spiders the size of a human hand are spreading throughout the USGiant Joro spiders from East Asia are spreading across America. These impressive weavers are establishing themselves in new regions. Their ...
Central banks look through inflation until entrenched, no evidence of second-round effects: Dy Gov Poonam GuptaThe Reserve Bank of India is navigating global economic hurdles and geopolitical tensions. Deputy Governor Poonam Gupta explains the centra...
El Nino threat looms large as data shows strong link to weak monsoonsAround 70% of El Nino years since 1980 have been linked to weak Indian monsoons, underscoring a strong correlation as global agencies warn ...
What is El Niño? How it may impact India’s monsoon in 2026The Reserve Bank of India has flagged El Niño as a potential inflation risk, following forecasts of below-normal monsoon rainfall in 2026. ...
RBI defers plan to mandate climate risk disclosures by banks, sources sayThe Reserve Bank of India has paused plans for banks to disclose climate change risks. This move impacts global efforts towards a low-carbo...
India considers introducing nationwide climate-linked insurance schemeIndia's government is in early talks with local insurers to design a nationwide climate-linked insurance program. This parametric model wou...
80% of marginal farmers in India affected by adverse climatic events: ReportAccording to the report, nearly 43 per cent of the surveyed farmers lost at least half of their standing crops. Rice, vegetables, and pulse...
Climate change poses challenges for monetary policy, says RBI reportGlobal average temperatures are on a rise, with accompanying increase in extreme weather events (EWE), and the economic and social impact o...
RBI Governor not creating any space for a rate cut soon: Abheek BaruaContrary to expectations, the RBI policy did not allow for a rate cut or explicit liquidity measures. The Governor presented a Goldilocks s...
How India can equip its cities to deal with extreme rainfall eventsThe ongoing floods in Delhi show how heavy rainfall in the mountain areas can impact cities downstream. Several studies across cities have ...
Assam, Andhra, Bihar, Karnataka, Maharashtra most vulnerable to adverse climate events, says studyAssam, Andhra Pradesh, Bihar, Karnataka and Maharashtra are most vulnerable to adverse climate events such as floods, droughts and cyclones...
Germanwatch climate report on India not all encompassing: GovernmentThe 'Global Climate Risk Index-2018' by Germanwatch ranked India as the sixth most affected country in the world in the year 2016 facing ex...
PM calls for shift in discourse from climate change to 'climate justice'In what could can termed a strong message to rich countries ahead of the crucial Paris climate talks later this year, Prime Minister Narend...
Rising temperature to affect rubber outputKerala accounts for 90 per cent of total rubber production in India. The natural rubber production in the country was down by over 15 per c...
Countries recognise need to act on loss and damage due to extreme weather events like Typhoon Haiyan, Cyclone PhailinA dedicated institutional mechanism to understand and address the adverse impacts of climate change such as extreme weather events like Typ...
G77 and China take the lead to address "loss and damage" during natural calamitiesThe developing countries have decided to force the hand of industrialised countries and put forward a plan for a mechanism to address loss ...