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ECONOMIC IMPACT OF HEATWAVES
Europe's heatwaves expose insurance gap as business losses mountEuropean businesses face significant losses from extreme heatwaves. Traditional insurance often fails to cover these indirect operational d...- Funding, cooling and healthcare: Experts break down India's new heatwave disaster statusIndia’s recognition of heatwaves as a notified natural calamity could unlock dedicated disaster funds for states to strengthen heat action ...
- Europe’s economy faces the hard reality of climate change this summerThe intense heatwaves sweeping across Europe this summer are leaving deep economic scars. With soaring temperatures and severe drought hamp...
- Europe swelters as heat wave grips continent, Italy issues nationwide red alertItaly issued its highest heat alert across major cities as Europe faced extreme weather. Record temperatures were recorded in Austria, whil...
- ITC shares gain 3% after Q1 results. Here’s why Nomura upgraded the stock to BuyITC share Price: ITC shares rose 2% after the FMCG major reported June-quarter results, despite a 27% YoY decline in standalone net profit....
- 2026 Super El Nino forecast: Is a powerful climate event expected? Here's what experts say2026 Super El Niño forecast: Scientists closely monitor the El Niño–Southern Oscillation (ENSO) for signs of a potential super El Niño. The...
- Europe heatwave: The thermometer is flashing red for the continent's economyEurope's heatwave is becoming a growing economic threat as extreme temperatures disrupt transport, reduce labour productivity, damage agric...
- Deadly heatwaves force an ageing France to confront a hotter futureFrance experienced a severe heatwave, causing many excess deaths and straining funeral services. Funeral director Gautier Caton rented refr...
- Hormuz & Iran war can slow India down but not hold it backDespite the Iran war, Strait of Hormuz risks and elevated crude oil prices, the IMF expects India to remain one of the world's fastest-grow...
- ADB cuts India FY27 growth forecast to 6.6% on higher energy costsThe Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher oil prices and transportation costs are impactin...
- FIFA 2026: France beat Paraguay with Mbappe penalty to reach World Cup quarter-finalsKylian Mbappe's second-half penalty secured France a hard-fought 1-0 victory over a resilient Paraguay in the World Cup last-16. Despite Pa...
- FMCG companies ride the heatwave to make cool gainsIntense heatwaves fueled double-digit sales growth for FMCG, white goods, and retailers in the April-June quarter. Companies reported impro...
- Heat stress becoming a serious risk for MSMEs and workers: ReportsRecent studies by WRI India and HeatWatch reveal that heatwaves are disrupting production, increasing operational costs, reducing worker pr...
- Goldman Sachs upgrades India's growth outlook after US-Iran peace dealGoldman Sachs has raised India's 2026 real GDP growth forecast to 6.8% from 6.5%, citing lower oil prices, easing supply disruptions and re...
- Heatwave-hit London climate week spurs calls for faster actionLondon's climate week saw an event on extreme heat cancelled due to the venue being too hot, highlighting the urgent reality of global warm...
- El Niño is set to further disrupt India's $300 billion farm supply chainIndia's crucial monsoon rains are delayed, disrupting the nation's $300 billion farm economy just as planting season begins. This agricultu...
- India's AI boom cannot ignore its water crunchIndia's AI growth risks exacerbating severe water stress as data centers, crucial for AI infrastructure, consume vast amounts of water. Cit...
- El Niño effect: Why India may see weak monsoon and harsher summerIndia faces a double blow as the IMD forecasts below-normal monsoon rainfall, with a 60% chance of deficient rains due to El Niño. This, co...
- Worsening climate change main culprit behind India's extreme heat: UN climate chiefUN climate chief Simon Stiell highlighted the severe human and economic impact of the heatwave, particularly on people living in homes with...
- Heatwaves in India could rise 400% by century-end, putting health and jobs at risk
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