India ranked among the top five countries worst affected by climate change-induced extreme weather events in 2018.According to the Global Climate Risk Index by Germanwatch, an international environmental think tank, India ranks fifth in the list of countries worst affected by climate disasters in 2018, The Indian Express has reported. The list is topped by Japan, the Philippines and Germany.The index ranks the most vulnerable countries based on the number of casualties as well as economic losses caused by disasters. Last year, India was ranked 14th on the list of most-affected countries in 2017.Close In 2018, as many as 2,081 human lives were lost in India – the maximum for any country that year. While Japan lost 1,282 lives, Germany had 1,246 fatalities in climate-related incidents that year. related news What is the Citizenship (Amendment) Bill 2019 and why is it in the news? Rahul Gandhi lashes out at PM Modi, Amit Shah and Nirmala Sitharaman India’s economic … [Read more...] about Climate change is real: India fifth most vulnerable to extreme weather disasters, shows study
Multiple fatality shooting
Tata Motors will unveil its much-anticipated premium hatchback today, the Altroz. It is slated for a launch in January 2020 and gets a host of premium features and upgrades from the Indian carmaker.Multiple spy shots and teasers of the car have given us an idea of its aesthetic appearance. It is built on the company’s Impact 2.0 design. It also gets front doors that can open to 90 degrees, along with a raked honeycomb mesh grille, sleek projector headlamps and 16-inch, 8-spoke alloy wheels.The interiors are equipped with a floating touchscreen infotainment display with phone app connectivity, ambient lighting, climate control, and a semi-digital instrument cluster. Tata is also expected to equip it with dual airbags, ABS with EBD, rear parking sensors with camera, and a high-speed alert along with driver and co-driver seatbelt warning.Close Mechanically, the Altroz is expected to be offered with BSI-compliant petrol and diesel engine options. It should get a 1.2-litre naturally … [Read more...] about Tata to launch Altroz today: How does it fare against rivals?
SBI Capital Markets is said to have shortlisted four prospective bidders for the stake sale in Jet Airways as a part of the debt resolution process. These include TPG Capital, Indigo Partners, Etihad Airways and NIIF. The qualified bidders are expected to submit their binding bids latest by May 10. It is a crucial process for Jet Airways that is battling a number of issues on multiple fronts to stay operational.Here's a quick look at the bidders that are hoping to revive the troubled airline:TPG CapitalThe 27-year-old US-based private equity firm has investments in a wide range of sectors from industrials and financial services to healthcare, technology and real estate. Interestingly, it's first ever major investment was in then-bankrupt Continental Airlines in 1993. The Texas-headquartered airline, in 2013, merged into United Airlines. In 1994, the PE firm created an Asia-dedicated fund-TPG Capital Asia, which is now being led by Puneet Bhatia in India. The firm marked its presence in … [Read more...] about Jet Airways stake sale: Who are the bidders?
Consumer durables firm Samsung has launched the country's largest and most expensive LED display called 'The Wall'.Priced between Rs 3.5 crore to Rs 12 crore, the MicroLED display - not called a TV - comes in a variety of sizes and ratios. It ranges from 146 inches (370.8 cm) in 4K definition, 219 inches (556.3 cm) in 6K definition, to 292 inch (741.7 cm) in 8K definition.The product is unprecedented and doesn't have competition.Close Among others, the VU Technologies sells 100-inch television sets for Rs 20 lakh. Similarly, LG has an 8k LED television that is not yet available for sale in India but is priced at around Rs 29 lakh globally. related news Oil rises as OPEC weighs deeper output cuts Cadila Healthcare files NDA with DCGI for liver disease drug Saroglitazar Mg IndiGo plane suffers high engine vibrations mid-air; returns to Mumbai The Wall is pegged as an ‘ultra-luxury’ viewing experience, this product comes with a 0.8mm pixel pitch technology. Compared … [Read more...] about Samsung launches The Wall, giant-sized LED costing up to Rs 12 crore
The economic slowdown has hit India's travel sector, and it is not just the leisure segment that is seeing a slump in activities. Business travel too is suffering.According to Prashant Pitti, Executive Director, EaseMyTrip, the travel industry is witnessing slowdown owing to the increasing price of ATF (average ticket fare) and dropping margins on air tickets.“In corporate travel segment, there has been cost cutting and average spend on travel has also dropped as compared to last year,” he said.Close But there is a silver lining as companies are focusing on travel cost optimisation, which is helping the corporate travel sector grow. related news World's most popular travel destinations of 2019: Only 1 Indian city makes top-10 list 87% female Indian business travellers harassed on business trips: Survey Jet Privilege goes for brand revamp; to be known as 'InterMiles' According to Anish Khadiya, co-founder and Chief Business Officer, ITILITE, an AI-powered … [Read more...] about Slowdown pinches business travel. But there’s a silver lining