Latest news with #MICA
Time of India
2 hours ago
- Business
- Time of India
Urban climate funding: Indian cities need $2.4 trillion by 2050 to withstand floods, heatwaves
NEW DELHI: Indian cities will require over $2.4 trillion in investments by 2050 to build resilient and low-carbon infrastructure, as they become increasingly vulnerable to heatwaves, urban flooding, and other climate-related risks, according to a new World Bank report released Tuesday. The report, 'Towards Resilient and Prosperous Cities in India', prepared in partnership with the ministry of housing and urban affairs, warns that economic losses from climate events are set to rise dramatically if cities fail to act urgently. Explore courses from Top Institutes in Please select course: Select a Course Category Others Artificial Intelligence Digital Marketing others Public Policy Data Analytics healthcare CXO Data Science Leadership Product Management Operations Management Project Management Management Cybersecurity Finance Technology Healthcare MCA MBA PGDM Design Thinking Degree Data Science Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details 'Annual economic losses from rain-related flooding are currently estimated at $4 billion. These are projected to rise to $5 billion by 2030 and could surge to between $14 billion and $30 billion by 2070 if no remedial action is taken,' the report says. Among the worst-affected cities are Delhi, Chennai, Surat and Lucknow, which the report identifies as being most exposed to urban heat island effects and flood risks, largely due to rapid, unregulated expansion into ecologically vulnerable zones. In Delhi, heat stress is expected to intensify significantly. Between 1983 and 2016, exposure to dangerous heat levels in India's 10 largest cities increased by 71%, rising from 4.3 billion to 10.1 billion person-hours per year. Live Events "If emissions continue at current levels, annual heat-related deaths may rise from 1,44,000 to over 3,28,000 by 2050. Around 20% of working hours in major Indian cities could be lost due to high heat stress conditions," the report says, as per news agency PTI. The World Bank estimates that an investment of $150 billion over the next 15 years could help 60% of existing Indian cities implement effective flood mitigation measures . Heat mitigation alone, it adds, could increase India's GDP by up to 0.4% and save as many as 130,000 lives annually by 2050. Calling for urgent fiscal recalibration, the report warns that current urban infrastructure spending, at just 0.7% of GDP, is 'much lower than other countries' and must increase substantially. Between 2011 and 2018, India's average annual spending stood at $10.6 billion, a fraction of what will be needed in the decades ahead. "This is both a challenge and an opportunity," said Auguste Tano Kouame, World Bank Country Director for India, as quoted by PTI. "Without timely action, climate risks such as flooding and extreme heat will become much more severe." The report also notes that India's urban population stood at 480 million in 2020 and is expected to double to over 1.1 billion by 2070. "More than 144 million new urban homes will be required, doubling the current housing stock,' it states. Hence, to mitigate these risks, the World Bank estimates that India will need to invest $2.4 trillion by 2050 and $10.9 trillion by 2070 across sectors such as housing, public transport, solid waste management, and municipal services. To close the massive infrastructure gap, the report urges tapping into private capital through mechanisms such as green bonds, blended finance, and access to international climate funds. It also calls for greater financial autonomy for urban local bodies and improved project planning capacities to attract such investments. The findings come just months before COP30, the global climate summit, where countries are expected to present updated national climate action plans, known as Nationally Determined Contributions (NDCs). As per PTI, while only 25 nations, representing just 20% of global emissions, have submitted their NDCs so far, India's plan will be key to testing its climate leadership and sustaining the goals of the Paris Agreement.
Time of India
9 hours ago
- Entertainment
- Time of India
Coolie OTT release update: Where you can stream Rajinikanth's action thriller
Fans of superstar Rajinikanth have something thrilling to look forward to. According to a report by Pinkvilla, the much-awaited Tamil action entertainer Coolie is reportedly gearing up for a majestic release on Amazon Prime Video . Though whispers about this digital debut are gaining momentum, the production team has not yet issued a formal confirmation. Based on details listed on the film-centric platform Letterboxd , Coolie unfolds around a compelling tale of a former rebel. Rajinikanth plays Deva, a man who once held a prominent position within a violent extremist group. Years after leaving behind his past, Deva devises a clever plan involving vintage golden wristwatches to reassemble his former comrades. But his attempt at rebuilding what was lost unexpectedly spins out of control. Rather than returning to its original shape, the gang's resurgence takes on a dynamic and unfamiliar form, setting off unforeseen consequences. Explore courses from Top Institutes in Please select course: Select a Course Category Others Operations Management Data Science Degree Finance Data Analytics others Cybersecurity Healthcare PGDM Project Management Leadership healthcare Digital Marketing Technology Public Policy CXO Product Management Artificial Intelligence MCA Management Data Science MBA Design Thinking Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details The multilingual film is all set to make its theatrical debut on August 14 and promises to be a massive pan-India spectacle. Apart from Rajinikanth in the lead, the cast boasts a star-studded lineup that includes Sathyaraj, Nagarjuna Akkineni, Soubin Bashir, Upendra, and Shruti Haasan in prominent roles. Bollywood icon Aamir Khan will also be seen in a surprise guest appearance, adding to the film's already high-profile ensemble. The soundtrack is being composed by the sensational Anirudh Ravichander, who has consistently delivered hit albums in recent years. Fans can expect the music of Coolie to drop in early August, as the grand audio launch has been planned for the first week of the month. This event is expected to be a lavish affair with performances and promotions ramping up the excitement. Meanwhile, the film's director, Lokesh Kanagaraj, previously helmed the action-packed thriller Leo, starring Vijay. With Coolie, Lokesh seems poised to deliver yet another gripping cinematic experience, uniting powerful performances, a unique plot, and blockbuster-level production values—all headlined by none other than Rajinikanth himself.
Time of India
9 hours ago
- Entertainment
- Time of India
‘Saiyaara' a copy of Korean film? Internet spots striking resemblance to 2004's A Moment to Remember
Mohit Suri 's latest directorial Saiyaara , featuring Ahaan Panday and Aneet Padda , hit the big screens on Friday, July 18. The musical romance witnessed a strong opening at the box office. However, the film is now facing criticism online as many viewers pointed out its apparent similarities with the 2004 South Korean romantic drama A Moment to Remember . Soon after the release, social media was abuzz with comparisons between the two films, with netizens highlighting the overlapping plotlines. Both movies center around a young couple dealing with the challenges of early-onset Alzheimer's. Explore courses from Top Institutes in Please select course: Select a Course Category Others Data Science healthcare Degree Data Science MCA Artificial Intelligence Cybersecurity Project Management Product Management Management Digital Marketing Public Policy Technology Design Thinking Finance CXO Healthcare MBA Leadership Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details One user commented, "So #SAIYAARA is a copy of this KOREAN FILM! (Read the synopsis) Mohit Suri has barely made any original film (sic)." Another added, "Yes totally copy of A Moment to Remember (sic)." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like She Was Everyone's Dream Girl In 90's, This Is Her Now The Latest Article — illuminatiGuyy (@illuminatiGuyy) — AshwiniRoopesh (@AshwiniRoopesh) In Saiyaara, Ahaan Panday plays Krish Kapur, a passionate musician with a fiery temper, while Aneet Padda essays the role of Vaani, a soft-spoken, aspiring journalist. As the story unfolds, their romantic journey takes a poignant turn when Vaani is diagnosed with early-onset Alzheimer's, forcing them to navigate a deeply emotional phase in their lives. Live Events Likewise, A Moment to Remember, directed by John H. Lee, tells the heartfelt story of Su-jin (Son Ye-jin) and Chul-soo (Jung Woo-sung), whose lives are disrupted when Su-jin develops Alzheimer's. The Korean film is often praised for its moving narrative and portrayal of love, especially Chul-soo's unwavering support as Su-jin's memories begin to fade. As of now, the makers of Saiyaara have not released any official statement addressing the resemblance or clarifying whether the movie is an adaptation of the Korean original. The film's screenplay is credited to Sankalp Sadanah, with dialogues penned by Rohan Shankar. Despite the allegations of unoriginality, Saiyaara has received positive feedback for its emotional performances and rich musical score. The soundtrack, which has been widely appreciated, features compositions by Mithoon, Sachet–Parampara, Rishabh Kant, Vishal Mishra, Tanishk Bagchi, Faheem Abdullah, and Arslan Nizami. The film has been produced by Akshaye Widhani, CEO of Yash Raj Films .
Time of India
12 hours ago
- Business
- Time of India
AstraZeneca to invest $50 bn in the US amid Trump tariffs
British pharmaceutical giant AstraZeneca on Tuesday said it would invest $50 billion in the United States amid a looming deadline of ramped-up tariffs from Washington . A large chunk of the funds will go toward building a multi-billion dollar manufacturing centre in Virginia , the company said in a statement, adding that it expects 50 percent of its revenue to come from the United States by 2030. Explore courses from Top Institutes in Please select course: Select a Course Category Others Cybersecurity Degree Project Management healthcare Technology Design Thinking Leadership Finance others Public Policy PGDM Digital Marketing MBA Artificial Intelligence Data Analytics Management Healthcare Product Management Operations Management Data Science Data Science CXO Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details "Today's announcement underpins our belief in America's innovation in biopharmaceuticals ," the statement quoted CEO Pascal Soriot as saying.
Time of India
2 days ago
- Business
- Time of India
Tea exports from India increase by 2.85% in FY 2024-25
KOLKATA: Tea exports from India increased by 2.85 per cent in the 2024-25 financial year as compared to the previous fiscal, according to official data. The tea exports from the country increased from 250.73 million kilograms to 257.88 million kilograms. Explore courses from Top Institutes in Select a Course Category Others others Public Policy MCA Management Leadership Healthcare Project Management Data Science healthcare Data Analytics Technology Degree Cybersecurity Data Science CXO Design Thinking Product Management Artificial Intelligence Operations Management PGDM Digital Marketing Finance MBA Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details According to the latest Tea Board data, the export volume from North India during the 2024-25 fiscal touched 161.20 million kilograms, registering a rise of 8.15 per cent from 149.05 million kilograms in the 2023-24 financial year. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Unsold Container Homes in National Capital Region - Prices You Won't Believe! Shipping Container Homes | Search Ads Search Now Undo Similarly, exports from South India declined by 4.92 per cent to 96.68 million kilograms in 2024-25 from 101.68 million kilograms in the preceding fiscal, according to the data. The value of tea exports in price per kilogram increased to Rs 290.97, reflecting a rise of 12.65 per cent over Rs 258.30 in the 2023-24 fiscal. Live Events During the calendar year January to December 2024, the quantum of tea exports touched 256.17 million kilograms, an increase of 10.57 per cent from the preceding period of January to December 2023. Exports from North India during the calendar year 2024 stood at 155.49 million kilograms, while from South India it stood at 100.68 million kilograms, registering a rise of 10.28 per cent and 11.02 per cent respectively, the Board's data added.
