OWN DAMAGE
80% of marginal farmers in India affected by adverse climatic events: Report
According to the report, nearly 43 per cent of the surveyed farmers lost at least half of their standing crops. Rice, vegetables, and pulses were particularly affected by uneven rainfall. In the northern states, paddy fields often remain submerged for more than a week, destroying newly planted seedlings.
UN chief tells consumer tech firms: own the harm your products cause
U.N. Secretary-General Antonio Guterres demands accountability from tech giants for the harm caused by their products and social media platforms. He launches U.N. global principles for information integrity to combat misinformation and hate speech.
Yemen's Houthi rebels launch boat-borne bomb attack against Greek-owned ship in Red Sea
Yemen's Houthi rebels launched a boat-borne bomb attack in the Red Sea targeting a commercial ship near the USS Laboon, amid a US-led campaign to safeguard the waterway.
Europe wants affordable electric vehicles from China. But not at the cost of its own auto industry
The European Union plans to increase tariffs on Chinese-made electric vehicles due to unfair subsidies. This move aims to address the surge in Chinese EV exports to Europe, posing a threat to EU manufacturers and green tech industries.
Why might an insurance company deny your claim during the monsoon?Sandeep Saraf answers
A comprehensive policy does not guarantee that all flood-related damages will be covered. Multiple types of damages can occur during a flood, such as engine damage, electrical damage, interior damage due to water seepage, or gearbox damage. A normal comprehensive package covers these to some extent, but not 100%. We recommend a few add-ons for every customer purchasing a car insurance policy.
KAL Airways, Kalanithi Maran to seek Rs 1,323 cr in damages from SpiceJet, Ajay Singh
Against this backdrop, Maran and his firm KAL Airways have decided to challenge the ruling after consultation with their legal counsel. The decree holders -- KAL Airways and Maran -- "believe that the aforesaid judgement is deeply flawed and warrants further scrutiny".
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Ukraine says has 'stopped' Russia in Kharkiv, now pushing back
Ukrainian forces have halted a Russian advance in the Kharkiv region and are now counter-attacking. President Volodymyr Zelensky visited the region's capital to discuss the battle for Vovchansk.
Tesla doing damage-control, discounts for European fleet buyers
Tesla faces challenges in Europe as repeated price cuts hurt leasing companies' fleets and slow service alienates corporate customers. Tesla is offering unofficial discounts and addressing service complaints, but struggles with falling resale values and competition from Chinese and legacy automakers. Fleet customers demand better service and lower repair costs.
Flash floods kill more than 300 people in northern Afghanistan after heavy rains, UN says
300 Afghans perish in Baghlan floods, with the World Food Agency offering aid. The Taliban government reports substantial deaths in northern Afghanistan. Human rights concerns raised by U.N. Special Rapporteur Bennett amid ongoing rescue efforts and evacuations.
Flash floods kill hundreds and injure many others in Afghanistan, Taliban says
Flash floods triggered by seasonal rains in Afghanistan have resulted in the deaths of hundreds of people and caused injuries to a "significant number," according to a Taliban official on Saturday. The floods primarily affected the northern region of the country. The province of Baghlan suffered the most from the deluge on Friday, with preliminary reports from officials indicating at least 50 fatalities and widespread property damage across multiple districts.
Warren Buffett's PacifiCorp faces $30 bln new wildfire claims
A utility owned by Warren Buffett's Berkshire Hathaway is facing $30 billion in new claims blaming it for causing Oregon wildfires in 2020, nearly four times the maximum loss it had projected. One thousand victims filed claims against PacifiCorp in a state court in Portland, each seeking up to $5 million for actual losses and up to $25 million for non-economic losses. PacifiCorp is appealing a previous jury order to pay $90 million for gross negligence. Berkshire Hathaway Energy, which owns 92% of PacifiCorp, has not commented on the new claims.
Chinese cat accidentally sets house on fire, causes Rs 11 lakh damage
A cat in China accidentally sets its owner's house on fire by turning on the induction cooker, causing over Rs 11 lakh in damages. The cat, named Jingoudiao, was playing in the kitchen when it stepped on the cooker's touch panel, igniting the blaze. Despite the damage, Jingoudiao escaped unharmed and became a viral sensation on social media. The owner, Dandan, humorously changed the cat's name to "Sichuan's most badass cat" and made it appear in live-streaming sessions to "compensate." Dandan later apologized online for the incident and vowed to pay more attention to fire safety in the future.
Ballistic missiles fired by Yemen's Houthi rebels damage Panama-flagged oil tanker en route to India from Russia in Red Sea
Yemen's Houthi rebels have caused minor damage to a Panama-flagged oil tanker traveling through the Red Sea, following an uptick in attacks since a relative lull in their campaign over Israel's war on Hamas in the Gaza Strip. The rebels fired three missiles, one of which damaged the tanker. The attack occurred off Mocha, Yemen, near the Bab el-Mandeb Strait, which connects the Red Sea to the Gulf of Aden. The Houthis have launched more than 50 attacks on shipping, seized one vessel, and sank another since November.
Property buyer may end up paying 19% TDS out of his own pocket for this PAN related issue
Tax deducted at source (TDS): If you are buying any property above Rs 50 lakh value then make sure to deduct 1% TDS before making the payment to the seller. However it is important to check the status of the seller's PAN. An individual forgot to do this and got served with an income tax notice.
Baltimore bridge: Companies with goods on ship may also have to pay for damages
Nowadays, the costs that become part of a general average calculation would include a tally of the losses incurred to move the vessel to safety, including any damage to cargo.
Distracted by own horse-trading agendas, BJP neglected to serve Maharashtra people: Congress
The Congress accused the BJP of neglecting Maharashtra, alleging it was preoccupied with "horse-trading and deal-making." Jairam Ramesh criticized the BJP ahead of PM Modi's rally, questioning its support for farmers amidst rising suicides and drought. Ramesh highlighted issues like delayed aid for farmers and suspicious ambulance service tenders, urging clarity on the BJP's vision.
Seeking cost of trains, not damages, from DMRC: Reliance Infrastructure firm to SC
The Delhi Airport Metro Express Private Limited (DAMEPL), a Reliance Infrastructure firm, informed the Supreme Court that it seeks only the cost of trains, not damages, from the Delhi Metro Rail Corporation (DMRC) in accordance with a 2017 arbitral award. The curative plea of DMRC against the dismissal of its review petition regarding the arbitral award of Rs 8,000 crore in favor of DAMEPL was heard by a special bench of the Supreme Court, which reserved its verdict.
How to ensure India’s green power revolution doesn’t also wreak ecological damage
The ideal solution is to separate RE production from storage, and charge some hydel specialists with the task of building adequate pumped storage capacity in environmentally benign ways across locations, facilitating transmission of green power across the country for such storage and draw-down.
Ukrainian drone hits Russia's third biggest refinery, damage not critical
A Ukrainian drone struck Russia's third largest oil refinery, Tatneft's Taneco refinery, causing damage to the primary refining unit, CDU-7. The refinery processes about 155,000 barrels of crude per day and accounts for about 6.2% of Russia's refining capacity. Russian officials claim that their jamming devices locked onto the drone near Tatneft's Taneco refinery.
Hard vs soft luggage for air travel? IndiGo passenger's viral damaged bag pic sparks debate
IndiGo faced scrutiny after Shrankhla Srivastava shared a picture of her damaged luggage on social media, sarcastically thanking the airline. The post gained significant attention, prompting responses from other users and an apology from IndiGo. Users shared similar experiences and offered advice, while Bollywood actor Siddharth Jadhav also expressed frustration over damaged luggage.
Climate protesters can't rely on beliefs in criminal damage cases, UK court rules
Activists can't rely on beliefs to defend damage, facing more convictions. Crackdown on protests limits reliance on beliefs. Attorney General and activists clash over ruling. Clare Farrell warns of 'criminalizing' peaceful protesters. Property owner consent essential for defence.
Yemen's Houthis strike cargo ship bound for Iran, causing minor damage
Yemen's Houthi rebels targeted an Iran-bound cargo ship in the Red Sea with two missiles, causing minor damage but no injuries. The vessel, MV Star Iris, owned by Greece and flying the Marshall Islands flag, was carrying corn from Brazil to Iran. The attack comes amid Houthi efforts to disrupt international shipping, particularly targeting vessels linked to the US, UK, or Israel. The incident highlights tensions in the region and concerns over maritime security in the Red Sea.
Houthi strike damages cargo ship
The Houthis identified the vessel as the Star Iris. The group's military spokesman, Yahya Saree, said in a televised statement the ship was American but maritime-shipping trackers said the Marshall Islands-flagged ship was Greek-owned.
Paytm’s damage control; UPI market share cap back in focus
Happy Monday! The top brass at Paytm held meetings with senior executives at One 97 Communications and Paytm Payments Bank to chart their future course. Details of this and more in today’s ETtech Morning Dispatch.
Offenders must pay for damage to public property to get bail: Law panel
Headed by Justice (retired) Ritu Raj Awasthi, the panel also suggested that a comprehensive law should be put in place to address the issue of protests creating wilful obstruction and blocking public spaces and roads for prolonged periods.
Top UN court stops short of ordering cease-fire in Gaza and demands Israel contain deaths
The top UN court has decided not to throw out genocide charges against Israel for its military offensive in Gaza, as part of a preliminary decision. South Africa, which brought the case, had asked for the court to order Israel to halt its operation in the coastal enclave. The International Court of Justice decided not to throw out the case, and the reading of the ruling is ongoing.
No snow in Kashmir, Himachal can damage apples: Growers
Apple growers in Jammu & Kashmir and Himachal Pradesh, India's prime apple-growing regions, are facing a significant drop in production this year due to the absence of snowfall and rainfall. Insufficient moisture and chilling hours are impacting crop quality and yield, potentially leading to higher apple prices.
Houthi rebels strike a US-owned ship off the coast of Yemen in the Gulf of Aden, raising tensions
Houthi rebels' missile strikes escalate tensions in the Red Sea, targeting a U.S.-owned ship and prompting a retaliatory warning shot by a civilian ship off Eritrea. The attacks follow the U.S.-led strikes on the rebels, impacting global shipping and raising concerns of a wider conflict. While the U.S. Maritime Administration urges caution, it's unclear if the U.S. will retaliate for the latest attacks. The Houthi strikes have targeted ships in the Red Sea since November, complicating maritime navigation and threatening stability in the region.
Google faces $1.67 billion damages demand at AI-related patent trial
The lawyer, Kerry Timbers, said that after Bates shared his computer-processing innovations with Google from 2010 to 2014, the tech giant unbeknownst to him copied his patented technology rather than licensing it to develop its own AI-supporting chips.
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