With insurers shouldering a record $160 billion in climate-related losses from last year alone, a group, including 30 central banks, called for measures to spur green finance and better assessment of the risks from higher global temperatures. The move, led by the Bank of France, Bank of England and People’s Bank of China, draws the group deeper into a controversial …

Retail inflation, which touched a seven-month high in October, is expected to rise further and cross the 4 per cent mark this month, driven by rise in vegetable and oil prices, experts say. According to global financial services majors like Nomura, BofAML and Morgan Stanley, price pressures are likely to build further in the coming months following a cyclical recovery …

Southwestern Connecticut’s economy is programmed to grow its technology sector for years to come, according to industry experts. Job-search giant Indeed’s recent announcement that it would increase its Stamford contingent by some 500 people in the coming years represents a milestone for the local economy. Many see the company’s expansion as proof the area is developing into a top destination …

CHENNAI: Non-banking finance company Sundaram FinanceBSE 1.02 % has recorded a 13.9 per cent rise in its fourth quarter net profits ending March 31, 2017 at Rs. 139 crore. The city-based company had clocked net profits at Rs. 122 crore during the corresponding quarter of previous year, a top official said. For the full year ending March 31, 2017, the …

The supply of lodge rooms in West Bengal is on the rise, with the total number of rooms inside the Indian kingdom predicted to growth by way of round 35% by way of the quit of the fiscal year. The monetary instances mentioned Sudesh Poddar, president of resort & eating place association of japanese India (HRAEI), as announcing that room …

Using tractors and bare hands, rescuers hunted for survivors on Sunday after Ecuador’s biggest earthquake in decades killed at least 77 people, devastated coastal populations and left an unknown number trapped in ruins. The 7.8 magnitude quake struck off the Pacific coast on Saturday and was felt around the Andean nation of 16 million people, causing panic as far away …

Arrivals of refugees and migrants to Greece from Turkey rose sharply on Wednesday, just over a week since the European Union and Turkey struck a deal intended to cut off the flow. Greek authorities recorded 766 new arrivals between Tuesday morning and Wednesday morning, up from 192 the previous day. Most arrived on the northeastern Aegean island of Lesbos. The …

It used to be relatively rare for universities to make unconditional offers. Between 2008 and 2013 fewer than one per cent of all offers were unconditional Getty Images The sharp rise in universities giving unconditional offers of places to sixthformers makes institutions look “desperate” and risks making students “sit back and twiddle their thumbs”, a leading headteacher has warned. Peter …