Economic Losses
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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.
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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.
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China Lost $42 Billion In 2023 Due To Landslides, Typhoons, Hailstorms
China suffered direct economic losses of $42 billion over the first nine months of 2023, the government said, from natural disasters such as torrential rains, deadly landslides, freakish hailstorms and a string of typhoons.
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Rs 2,000 A Day To Rs 200, Rain Hits Livelihoods Hard In Himachal
While the Himachal Pradesh chief minister has said the damage is to the tune of Rs 10,000 crore, this huge number is made up of the individual losses being suffered by everyone from taxi drivers and apple growers to hotel owners.
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Cyclone Biparjoy Causes Gujarat Economic Loss Of Rs 1212.50 Crore
Union Minister Nityanand Rai on Wednesday said that Cyclone 'Biparjoy' has affected 1.33 lakh hectare area and projected a total economic loss of Rs 1212.50 crore in agriculture and horticulture crops in Gujarat.
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Internet Shutdowns in India Cost $1.9 Billion to the Country's Economy in the First Half of 2023: Report
Internet shutdowns by law enforcement agencies like the one in Manipur and Punjab cost $1.9 billion (nearly Rs. 15,590 crore) to the Indian economy in the first half of 2023, a report said on Thursday. The shutdowns also led to a loss of nearly $118 million (nearly Rs. 968 crore) in foreign investment and triggered over 21,000 job losses, the globa...
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Kerala Milk Co-Operative Launches Insurance Scheme For Dairy Farmers
This is a first-of-its-kind of cattle insurance plan in the state that offers compensation to dairy farmers for economic loss due to a decline in milk yield during the summer.
-
Turkey, Syria Earthquake Could Cost $4 Billion: Report
The earthquake that has devastated Turkey and Syria could cause economic losses exceeding $4 billion, ratings agency Fitch said on Thursday.
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60% Households Expect Dip In Earnings, Seek Relief In Budget: Report
The survey found that with job losses and hiring sentiment turning negative, 52 per cent respondents feel that the economic uncertainty will persist for the next 6-12 months.
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Greenland Ice Sheet Hottest In 1,000 Years: Study
Greenland is losing trillions of tonnes of ice every decade. This ice loss is accelerating, and Greenland contains enough water to raise sea levels by 7 metres.
-
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.
-
China Lost $42 Billion In 2023 Due To Landslides, Typhoons, Hailstorms
China suffered direct economic losses of $42 billion over the first nine months of 2023, the government said, from natural disasters such as torrential rains, deadly landslides, freakish hailstorms and a string of typhoons.
-
Rs 2,000 A Day To Rs 200, Rain Hits Livelihoods Hard In Himachal
While the Himachal Pradesh chief minister has said the damage is to the tune of Rs 10,000 crore, this huge number is made up of the individual losses being suffered by everyone from taxi drivers and apple growers to hotel owners.
-
Cyclone Biparjoy Causes Gujarat Economic Loss Of Rs 1212.50 Crore
Union Minister Nityanand Rai on Wednesday said that Cyclone 'Biparjoy' has affected 1.33 lakh hectare area and projected a total economic loss of Rs 1212.50 crore in agriculture and horticulture crops in Gujarat.
-
Internet Shutdowns in India Cost $1.9 Billion to the Country's Economy in the First Half of 2023: Report
Internet shutdowns by law enforcement agencies like the one in Manipur and Punjab cost $1.9 billion (nearly Rs. 15,590 crore) to the Indian economy in the first half of 2023, a report said on Thursday. The shutdowns also led to a loss of nearly $118 million (nearly Rs. 968 crore) in foreign investment and triggered over 21,000 job losses, the globa...
-
Kerala Milk Co-Operative Launches Insurance Scheme For Dairy Farmers
This is a first-of-its-kind of cattle insurance plan in the state that offers compensation to dairy farmers for economic loss due to a decline in milk yield during the summer.
-
Turkey, Syria Earthquake Could Cost $4 Billion: Report
The earthquake that has devastated Turkey and Syria could cause economic losses exceeding $4 billion, ratings agency Fitch said on Thursday.
-
60% Households Expect Dip In Earnings, Seek Relief In Budget: Report
The survey found that with job losses and hiring sentiment turning negative, 52 per cent respondents feel that the economic uncertainty will persist for the next 6-12 months.
-
Greenland Ice Sheet Hottest In 1,000 Years: Study
Greenland is losing trillions of tonnes of ice every decade. This ice loss is accelerating, and Greenland contains enough water to raise sea levels by 7 metres.
