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Climate-led Asia flood losses top $20 billion

Mint New Delhi

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December 05, 2025

Devastating floods have killed more than 1,300 people and caused at least $20 billion in losses since late last month across parts of South and Southeast Asia, underscoring the increasing risks from climate change and extreme weather for the region’s fast-growing populations and economies.

- Bloomberg

A sequence of three tropical cyclones coincided with the regular northeast monsoon to deliver rainfall total unseen in decades in some locations, and triggered a wave of destruction from Sri Lanka to Indonesia—damaged homes, roads and rail lines, decimated crops, and slowed factory output.

MÁS HISTORIAS DE Mint New Delhi

Mint New Delhi

Suzlon’s growth runway needs help from solid execution

Suzlon Energy Ltď'sstock is down about 25% over the past six months, weighed down by the fear that India's wind cycle is losing momentum.

time to read

1 mins

December 11, 2025

Mint New Delhi

Over 500,000 flee renewed Thailand, Cambodia clashes

President Donald Trump plans to speak to the leaders of Thailand and Cambodia as more than half a million people flee a revived border clash, one of eight conflicts the US leader has claimed credit for ending.

time to read

1 mins

December 11, 2025

Mint New Delhi

ICICI Pru AMC IPO to test group’s listing luck

As India's capital markets expand and household savings accelerate their shift toward financial products, asset management companies are entering a new phase of growth, powered by rising retail participation and record flows into systematic investment plans (SIPs).

time to read

2 mins

December 11, 2025

Mint New Delhi

Mint New Delhi

Regulator opens $177 bn pension pool to wider investments

India’s pension regulator has broadened investment opportunities for National Pension System (NPS) fund managers, allowing deeper participation in equities, bonds and alternative assets as part of a sweeping update to investment norms.

time to read

1 min

December 11, 2025

Mint New Delhi

Mint New Delhi

Lord's - Renalyx: Becomes India's First CE-Certified Dialysis Machine Manufacturers

Lord's Mark Industries Ltd. (LMIL) has achieved a defining milestone in India's Med-Tech landscape by receiving the licence to manufacture Class C world's first AI-based smart haemodialysis machines from the Central Drugs Standard Control Organisation (CD-SCO).

time to read

2 mins

December 11, 2025

Mint New Delhi

Tata Steel board nod to expansion plans

The board of Tata Steel Ltd on Wednesday cleared a series of expansion initiatives as part of its long-term India growth strategy.

time to read

1 min

December 11, 2025

Mint New Delhi

Mint New Delhi

Mark Zuckerberg is not ready to give up on the metaverse yet

Meta's R&D cuts are not an admission of his pet project's failure

time to read

3 mins

December 11, 2025

Mint New Delhi

Relief for Ravindran from US court

A US bankruptcy court has reversed a $1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn Pvt.

time to read

1 min

December 11, 2025

Mint New Delhi

'Sebi to work with other regulators on asset statement'

Investors in the securities market can currently access a consolidated statement of holdings

time to read

1 mins

December 11, 2025

Mint New Delhi

Rupee falls 7 paise against US dollar

The rupee depreciated 7 paise to close at 89.94 against the US dollar on Wednesday, tracking a negative trend in domestic equities and sustained foreign fund outflows.

time to read

1 min

December 11, 2025

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