Earthquake Death Toll Surpasses 5,100
Business Standard|February 08, 2023
Trapped victims send voice notes from rubble; 3-month state of emergency in Turkey
Earthquake Death Toll Surpasses 5,100

Rescuers raced Tuesday to find survivors in the rubble of thousands of buildings brought down by a 7.8 magnitude earthquake and multiple aftershocks that struck eastern Turkey and neighbouring Syria, with the discovery of more bodies raising the death toll to more than 5,100.

Countries around the world dispatched teams to assist in the rescue efforts, and Turkey’s disaster management agency said more than 24,400 emergency personnel were now on the ground. But with such a wide swath of territory hit by Monday's earthquake and nearly 6,000 buildings confirmed to have collapsed in Turkey alone, their efforts were spread thin.

Turkish President Recep Tayyip Erdogan has announced a three-month state of emergency in 10 provinces worst-affected by the earthquake.

Attempts to reach survivors were also impeded by temperatures below freezing and close to 200 aftershocks, which made the search through unstable structures perilous.

This story is from the February 08, 2023 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the February 08, 2023 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM BUSINESS STANDARDView All
Business Standard

Manoj Bajpayee: A not-so-definitive biography

Bhiku Mhatre stays with you long after you have watched Ram Gopal Varma's 1998 classic, Satya.

time-read
3 mins  |
May 04, 2024
FOREST FIRES SCORCHED 38,100 HA OF TREE COVER IN OVER 2 DECADES
Business Standard

FOREST FIRES SCORCHED 38,100 HA OF TREE COVER IN OVER 2 DECADES

The devastating forest fires in Uttarakhand, captured by satellite images, have brought widespread attention to the extensive destruction they have caused.

time-read
2 mins  |
May 04, 2024
WhatsApp bans record 22 mn accounts in 01 '24
Business Standard

WhatsApp bans record 22 mn accounts in 01 '24

It had blocked 75 million Indian accounts between January and December 2023

time-read
1 min  |
May 04, 2024
Business Standard

T+1 SETTLEMENT REGIME FOR CUSTODIAN BANKS Capital market exposure norms revised

The Reserve Bank of India (RBI) has revised the guidelines for custodian banks to issue Irrevocable Payment Commitments (IPCS) in light of the T+1 settlement regime for stocks.

time-read
1 min  |
May 04, 2024
Business Standard

Tighter rules for project finance proposed

The Reserve Bank of India (RBI) on Friday proposed to set a floor for banks' loan exposure for project finance for consortium lending and mandated 5 per cent standard asset in the construction phase.

time-read
1 min  |
May 04, 2024
RBI allows standalone PDs to borrow in foreign currency
Business Standard

RBI allows standalone PDs to borrow in foreign currency

May access overdraft facilities in nostro accounts solely for operational use

time-read
2 mins  |
May 04, 2024
Business Standard

Bajaj Finance stock likely to get a boost after RBI lifts restrictions

The Reserve Bank of India's (RBI's) decision to lift curbs on Bajaj Finance's two products earlier than expected sent the stock on a tear on Friday.

time-read
2 mins  |
May 04, 2024
Business Standard

REC powers ahead on strong Q4 and healthy outlook

An improving NPA (non-performing asset) situation coupled with a higher loan disbursal has led to renewed interest in non-bank financier REC, which is the nodal agency for major central power programmes such as Revamped Distribution Scheme (RDSS), Saubhagya, DDUGJY, and Rooftop Solar (RTS).

time-read
2 mins  |
May 04, 2024
FPIs domiciled at GIFT City allowed to issue P-notes
Business Standard

FPIs domiciled at GIFT City allowed to issue P-notes

Move could boost issuance, drive flows into domestic mkts: Experts

time-read
2 mins  |
May 04, 2024
Business Standard

Have some risk appetite? Invest in highly rated company FDs

While they offer higher returns than bank FDs, they are not protected by deposit insurance

time-read
2 mins  |
May 04, 2024