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IMPACT OF PANAMA CANAL DROUGHT
Port of Los Angeles sets September volume record, executive director saysThe Port of Los Angeles achieved a new record for container volume in September with over one million TEUs. This increase is attributed to ...- Maharashtra govt to submit detailed memorandum for Central drought reliefMaharashtra Chief Minister Devendra Fadnavis outlined plans to address drought impacts in the state. Employment, food security, and water s...
- US military says it disabled cargo vessel trying to run Iran blockadeA US military fighter jet disabled the Panama-flagged M/V Ocean Molica after it violated a naval blockade. This action occurred in the Gulf...
- Panama rocked by 2 powerful earthquakes and multiple aftershocks, prompting evacuationsOn Friday, two significant earthquakes of magnitudes 7.7 and 6.6 impacted southern Panama, leading to widespread evacuations. Many building...
- 22 Indian crew safe after drone attack on Panama-flagged tanker off SharjahUnion Minister Sarbananda Sonowal confirmed that all Indian crew members aboard the MT GEM NO. 2 are safe. The vessel was targeted in a dro...
- 7.6 magnitude earthquake jolts Panama, people evacuate buildings as tsunami threat looms over Pacific coastA strong earthquake measuring 7.6 in magnitude hit near the southern coast of Panama. Although initially reported as 8.0, the magnitude was...
- Food industry warns of supply shock over Super El NinoIndia's food industry is alerting to a potential supply shock projected for the year 2027. Experts indicate that a Super El Nino may disrup...
- Crude oil, uneven monsoon pose risk to banks despite benign asset quality: ReportHigher crude oil prices and drought conditions in five states may impact Indian banks' asset quality outlook. This follows a stable credit ...
- Weak rains clouds recovery in Rs 3.3 lakh crore microfinance sectorIndia's microfinance sector, with a market worth ₹3.30 lakh crore, is encountering credit risk hurdles. Key factors include inconsistent ra...
- Chandrababu Naidu meets PM Modi, seeks national water grid by interlinking riversAndhra Pradesh Chief Minister N Chandrababu Naidu met with Prime Minister Narendra Modi to discuss drought issues, highlighting the signifi...
- ET Evoke: ‘Shipping, moving 80% world trade, is far more volatile than stocks,’ says Harvard University's Myrto KalouptsidiMyrto Kalouptsidi, Harvard professor of international economics, explains how shipping disruptions at chokepoints such as Hormuz, Suez and ...
- Why Nana Patekar walked away from Bollywood fame and chose rural life in Maharashtra's village. 'I am not from the industry'Nana Patekar had a successful Bollywood career, but over the years he grew increasingly drawn to village life and the struggles of Maharash...
- RBI policy rate hike to immediately pinch retail customersThe RBI has raised the repo rate by 25 basis points to 5.50%, its first hike since February 2023, which could make floating-rate home, car ...
- Ships take long way around as drought snarls Panama CanalThe month of August and September witnessed an impressive 70% rise in maritime traffic transiting the Strait of Magellan. This surge is pri...
- 11 Indians injured as projectile hits vessel near Strait of HormuzA Panama-flagged commercial vessel named MT On Peace was hit by a projectile in the Strait of Hormuz. The attack occurred while the vessel ...
- Maharashtra imposes minimum 10% water cut in urban, rural local bodies from Oct 16 amid deficient monsoonMaharashtra will enforce a 10 percent reduction in water supply starting October 16 due to insufficient rainfall. The state has prioritized...
- Karnataka drought losses may reach Rs 60,000 crore: Dy CM ParameshwaraKarnataka's Deputy Chief Minister G Parameshwara announced that drought-related losses may significantly increase. Assessments have been co...
- In the fall of 2023, California released 7 beavers into the ancestral lands of the Mountain Maidu people after nearly 75 years. Now they’re building dams, canals and have expanded wetlands by 23%California is seeing a new wave of conservation with the Department of Fish and Wildlife's beaver relocation project designed to tackle wat...
- El Nino weather pattern enters record territory: ScientistThe current El Niño is making waves as it ties for the strongest ever recorded, bringing serious consequences worldwide. With climate chang...
- Panama Canal considering more cuts in transits due to El NinoThe Panama Canal might experience additional constraints on shipping traffic due to a severe drought exacerbated by a strong El Niño. Curre...
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