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World in worse situation due to climate inaction: IPCC chief

Business Standard

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March 12, 2025

Climate impacts are unfolding faster than expected and scientists have been surprised by the speed of temperature rise, the chief of the United Nations' climate science panel has said.

- PRESS TRUST OF INDIA

In an interview with PTI on the sidelines of TERI's World Sustainable Development Summit, Intergovernmental Panel on Climate Change (IPCC) Chair Jim Skea said the world is in a worse situation than three years ago due to inaction on climate change.

"If you look back over the last, say, five years or so, I think scientists have been surprised by the speed at which temperatures have risen globally and by the very obvious nature of climate impacts we have already seen... wildfires in some parts of the world, floods and more extreme events. So things do appear to be happening, perhaps more quickly than people expected," he told PTI.

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Supreme Court’s AGR dues order only for Vi

Eyen as other telecom companies are also hopeful of getting a breather, the written order of the latest Supreme Court verdict, linked to adjusted gross revenue (AGR) dues, suggests that the scope has not been broadened beyond Vodafone Idea (Vi).

time to read

1 mins

November 05, 2025

Business Standard

Low steel prices put ₹9 trn expansion plan at risk: Steel secy

India's steel industry is facing stress as five-year low prices have forced around 150 small producers to shut down operations and 50 more to cut output by half, raising concerns over the sector's ability to invest 9 trillion required for funding its next phase of capacity expansion, said steel ministry Secretary Sandeep Poundrik on Tuesday.

time to read

1 min

November 05, 2025

Business Standard

Europe winter travel costs for Indians dip 40%

With Europe being a prominent destination for Indians during the long winter holidays, this year's travel costs are down by up to 40 per cent for the November-February period, according to travel firm Cox and Kings.

time to read

1 min

November 05, 2025

Business Standard

Consolidated profit up 84%

The financial results for the September quarter showed a strong rise in net profit, boosted by a one-time gain.

time to read

1 min

November 05, 2025

Business Standard

Business Standard

Industry wheels slow down, await workhorses from Bihar

More than 74 million voters are set to cast their vote in Bihar’s Assembly elections on November 6 and 11.

time to read

3 mins

November 05, 2025

Business Standard

Adani Enterprises to raise up to ₹25K cr via rights issue

Fundraise to push growth across airports, data centres, green energy, roads

time to read

2 mins

November 05, 2025

Business Standard

Yono 2.0 launch likely by Dec-end

State Bank of India is likely to launch its upgraded version of mobile banking app Yono 2.0 by the end of December. The new version will be capable of handling 200 million customers, said SBI Chairman C S Setty.

time to read

1 min

November 05, 2025

Business Standard

Business Standard

ChrysCapital closes record $2.2 billion fundraise

ChrysCapital, India’s largest homegrown private equity firm, has closed its 10th fund — ChrysCapital X — at $2.2 billion, the biggest India-focused private equity fund ever raised.

time to read

2 mins

November 05, 2025

Business Standard

Business Standard

Mehli Mistry sends out truce signals to Tata Trusts

Within days of filing a caveat with the Maharashtra Charity Commissioner that he should be heard before being ousted as a Tata Trusts trustee, Mehli Mistry has sent out truce signals.

time to read

3 mins

November 05, 2025

Business Standard

Billionaire who became synonymous with India's rise on global stage

London-based billionaire Gopichand Parmanand Hinduja, one of the principal patriarchs of the Hinduja group and a central architect of its global expansion, has passed away following a prolonged illness. He was 85.

time to read

2 mins

November 05, 2025

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