Polluters must pay: Poor nations tell rich countries at COP27

As the world reeks under the influence of climate change and climate catastrophes become more intense and frequent, leaders from several developing and underdeveloped countries pointed out that wealthy governments and oil companies for driving global warming and demanded that they should pay for the damages. The…

Climate change: These countries are struggling with extreme weather events

Months after the UN-led Intergovernmental Panel on Climate Change (IPCC) predicted that extreme weather events will become frequent and more intense, countries across the world are facing the consequences. From biblical floods in Pakistan to the submergence of cities in Australia, climate change is leading to…

229 banking frauds a day in 2020-21, recovery rate below 1%, RBI says in RTI reply

Banking frauds in India are so frequent and rampant that they no longer surprise most people. For example, take the last financial year, 2020-21, during which more than 83,000 banking frauds took place that syphoned off Rs 1.38 lakh crore. The recoveries during the same period amount to a little over Rs 1,000 crore,…

Explained: What are atmospheric river storms flooding parts of Canada?

As climate change intensifies, extreme events are becoming more frequent and more damaging. Canada is the latest theatre of these events. Climatic phenomena called atmospheric river storms have caused havoc in parts of the country. According to the latest weather reports, the Canadian province of British Columbia is…