Economic Losses
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Natural Disasters Caused $135 Billion In Economic Losses: Reinsurance Giant Swiss Re
Natural disasters caused $135 billion in economic losses globally in the first half of 2025, fuelled by the Los Angeles wildfires, reinsurer Swiss Re said Wednesday.
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Over 14,000 Men Received Money Under Maharashtra's 'Ladki Bahin' Scheme
Over 14,000 men fraudulently received financial benefits under the Ladki Bahin Yojana, a scheme explicitly meant for economically disadvantaged women in Maharashtra.
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Superbugs Threaten Millions Of Lives And $2 Trillion Loss By 2050, Study Warns
This finding has led to criticism that recent substantial reductions in foreign aid, particularly in programs combating AMR, are counterproductive.
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CBI Gets Custody Of Economic Offender Monika Kapoor, Who Fled To US In 1999
Monika Kapoor, who was the owner of a firm named "Monika Overseas", along with her two brothers prepared fake shipping bills, invoices and fake export documents for banks in 1998.
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Why We Needn't Worry About Oil Prices Amidst Israel-Iran Conflict (For Now)
The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks ability to cope in an already uncertain market.
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Earth’s Oceans Enter Danger Zone Due to Rising Acidification, New Study Warns
A new 2025 study published in Global Change Biology shows Earth’s oceans may have entered a dangerous acidification zone in 2020. As CO₂ emissions increase, marine ecosystems are degrading, threatening biodiversity, food security, and coastal economies. Scientists call it a ticking time bomb for the environment and society.
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Bitcoin Price Drops to $94,000 Ahead of US FOMC Meeting as Altcoin Momentum Slows
The overall crypto market dipped by 1.50 percent in the last 24 hours. On Monday, May 5, Bitcoin and Ether both registered small losses. Majority altcoins dropped in their prices as the Federal Open Market Committee (FOMC) gets set to assess US' economic status this week. Market is volatile and analysts advice caution to investors.
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Bitcoin Trades Close to $95,000, Majority Altcoins See Price Reduction as Market Consolidates
The overall crypto market cap clocked a loss of 0.26 percent in the last 24 hours. While Bitcoin saw a minor loss, Ether logged a small gain on Thursday, May 1. The majority of altcoins reflected price dips influenced by unfavourable US economic indicators. Analysts do, however, believe that the market sentiment is optimistic.
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No-Tax-On-Overtime Proposal By Donald Trump: What You Need To Know
Donald Trump's proposal to eliminate federal taxes on overtime pay, tips, and Social Security benefits aims to boost economic growth and increase take-home pay, but raises concerns about revenue loss and potential manipulation.
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India Reviewing Crypto Position Due to Global Changes, Economic Affairs Secretary Says
India is reviewing its stance on cryptocurrencies. The review, which follows crypto-friendly policy announcements by US President Donald Trump, could further delay publication of a discussion paper on cryptocurrencies that was due for release in September 2024.
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Rising Droughts Threaten Agriculture, Energy, and Ecosystems Worldwide
Extreme droughts have become more frequent and severe in recent decades, severely impacting agriculture, energy production, and ecosystems worldwide. Prolonged dry spells have expanded by 50,000 square kilometres each year since 1979, as temperatures rise and precipitation patterns shift. This has led to significant economic losses, particularly in...
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PM Modi Urges Scientists To Develop Warning System For Earthquakes
Prime Minister Narendra Modi on Tuesday urged scientists to develop warning systems for earthquakes while noting that advanced weather forecasts have significantly reduced casualties and minimised economic losses caused by cyclones.
-
Can We Defend Earth from Asteroids? Here's What You Need to Know
Efforts to protect Earth from asteroid impacts have made significant strides, notably with NASA’s DART mission, which successfully altered the orbit of the asteroid moonlet Dimorphos in 2022. This achievement marked a key advancement in planetary defence, demonstrating that asteroid deflection is a viable strategy. However, the success of DART al...
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Crypto Price Today: Bitcoin and Ether Hit Hard by Economic Turbulence, Altcoins Follow Suit
The overall market cap of the crypto sector dropped by notable 12.27 percent in the last 24 hours. Bitcoin and Ether, both recorded substantial price losses on Monday, August 5. Majority cryptocurrencies including Tether, Binance Coin, and Solana are also trading in the reds as of Monday.
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On Arvind Kejriwal's Lok Sabha Poll Prediction, Himanta Sarma's "Memory Loss" Retort
Assam Chief Minister Himanta Biswa Sarma took a dig at Pakistan's economic situation and said that India's neighbour doesn't even have money to pay salaries and nobody is sure if their atom bomb will work.
-
Natural Disasters Caused $135 Billion In Economic Losses: Reinsurance Giant Swiss Re
Natural disasters caused $135 billion in economic losses globally in the first half of 2025, fuelled by the Los Angeles wildfires, reinsurer Swiss Re said Wednesday.
-
Over 14,000 Men Received Money Under Maharashtra's 'Ladki Bahin' Scheme
Over 14,000 men fraudulently received financial benefits under the Ladki Bahin Yojana, a scheme explicitly meant for economically disadvantaged women in Maharashtra.
-
Superbugs Threaten Millions Of Lives And $2 Trillion Loss By 2050, Study Warns
This finding has led to criticism that recent substantial reductions in foreign aid, particularly in programs combating AMR, are counterproductive.
-
CBI Gets Custody Of Economic Offender Monika Kapoor, Who Fled To US In 1999
Monika Kapoor, who was the owner of a firm named "Monika Overseas", along with her two brothers prepared fake shipping bills, invoices and fake export documents for banks in 1998.
-
Why We Needn't Worry About Oil Prices Amidst Israel-Iran Conflict (For Now)
The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks ability to cope in an already uncertain market.
-
Earth’s Oceans Enter Danger Zone Due to Rising Acidification, New Study Warns
A new 2025 study published in Global Change Biology shows Earth’s oceans may have entered a dangerous acidification zone in 2020. As CO₂ emissions increase, marine ecosystems are degrading, threatening biodiversity, food security, and coastal economies. Scientists call it a ticking time bomb for the environment and society.
-
Bitcoin Price Drops to $94,000 Ahead of US FOMC Meeting as Altcoin Momentum Slows
The overall crypto market dipped by 1.50 percent in the last 24 hours. On Monday, May 5, Bitcoin and Ether both registered small losses. Majority altcoins dropped in their prices as the Federal Open Market Committee (FOMC) gets set to assess US' economic status this week. Market is volatile and analysts advice caution to investors.
-
Bitcoin Trades Close to $95,000, Majority Altcoins See Price Reduction as Market Consolidates
The overall crypto market cap clocked a loss of 0.26 percent in the last 24 hours. While Bitcoin saw a minor loss, Ether logged a small gain on Thursday, May 1. The majority of altcoins reflected price dips influenced by unfavourable US economic indicators. Analysts do, however, believe that the market sentiment is optimistic.
-
No-Tax-On-Overtime Proposal By Donald Trump: What You Need To Know
Donald Trump's proposal to eliminate federal taxes on overtime pay, tips, and Social Security benefits aims to boost economic growth and increase take-home pay, but raises concerns about revenue loss and potential manipulation.
-
India Reviewing Crypto Position Due to Global Changes, Economic Affairs Secretary Says
India is reviewing its stance on cryptocurrencies. The review, which follows crypto-friendly policy announcements by US President Donald Trump, could further delay publication of a discussion paper on cryptocurrencies that was due for release in September 2024.
-
Rising Droughts Threaten Agriculture, Energy, and Ecosystems Worldwide
Extreme droughts have become more frequent and severe in recent decades, severely impacting agriculture, energy production, and ecosystems worldwide. Prolonged dry spells have expanded by 50,000 square kilometres each year since 1979, as temperatures rise and precipitation patterns shift. This has led to significant economic losses, particularly in...
-
PM Modi Urges Scientists To Develop Warning System For Earthquakes
Prime Minister Narendra Modi on Tuesday urged scientists to develop warning systems for earthquakes while noting that advanced weather forecasts have significantly reduced casualties and minimised economic losses caused by cyclones.
-
Can We Defend Earth from Asteroids? Here's What You Need to Know
Efforts to protect Earth from asteroid impacts have made significant strides, notably with NASA’s DART mission, which successfully altered the orbit of the asteroid moonlet Dimorphos in 2022. This achievement marked a key advancement in planetary defence, demonstrating that asteroid deflection is a viable strategy. However, the success of DART al...
-
Crypto Price Today: Bitcoin and Ether Hit Hard by Economic Turbulence, Altcoins Follow Suit
The overall market cap of the crypto sector dropped by notable 12.27 percent in the last 24 hours. Bitcoin and Ether, both recorded substantial price losses on Monday, August 5. Majority cryptocurrencies including Tether, Binance Coin, and Solana are also trading in the reds as of Monday.
-
On Arvind Kejriwal's Lok Sabha Poll Prediction, Himanta Sarma's "Memory Loss" Retort
Assam Chief Minister Himanta Biswa Sarma took a dig at Pakistan's economic situation and said that India's neighbour doesn't even have money to pay salaries and nobody is sure if their atom bomb will work.
