Building A Fair And Inclusive Tax System In Asia – Speech

Dubai Rains: Orange Alert Issued as Rainfall Intensify, Flights Cancelled & Schools Shut| Oneindia

After 15 days, Dubai's rains have returned, with the issuance of an Orange Alert for Adverse Weather Conditions. Unfavorable weather has caused major disruptions to flight operations and rain services. Additionally, the MeT predicts that although it will affect other parts of Asia, the weather will start to improve on May 4. #Dubai #DubaiRains #OrangeAlert #MeT #DubaiFloods #Dubainews #AbuDhabi #Worldnews #Oneindia #Oneindianews ~PR.320~ED.101~GR.123~HT.318~

Asia most disaster-hit region from climate change in 2023

Mumbai Becomes Asia's Billionaire Capital on Global Rich List

Mumbai Becomes Asia's , Billionaire Capital , on Global Rich List. NBC reports that Mumbai has become the Asian capital with the highest number of billionaires, dethroning Beijing at the top of the exclusive list. . NBC reports that Mumbai has become the Asian capital with the highest number of billionaires, dethroning Beijing at the top of the exclusive list. . According to the Hurun Research Institute's global rich list, India's financial capital registered 92 billionaires in 2024. . Beijing comes in just below Mumbai with 91 billionaires, and Shanghai rounds out the top three with a total of 87 billionaires. Beijing comes in just below Mumbai with 91 billionaires, and Shanghai rounds out the top three with a total of 87 billionaires. The top of the list globally is New York with 119 billionaires, followed by London with a total of 97. . The top of the list globally is New York with 119 billionaires, followed by London with a total of 97. . According to the report, there are a total of 3,279 billionaires globally in 2024, an increase of 5% compared to 2023. . NBC reports that China as a whole still has the most billionaires overall with 814 in 2024, but the country lost 155 billionaires compared to 2023. . China had a bad year. Wealth creation in China has gone through deep changes these last few years, with the wealth of billionaires from real estate and renewables down, Hurun Research Institute's global rich list report, via NBC. The United States comes in second with 800 billionaires, and India registered a distant third place with 271. The United States comes in second with 800 billionaires, and India registered a distant third place with 271. According to the report, artificial intelligence played a significant role in increasing the number of ultra wealthy people in the U.S. . Whilst [Nvidia CEO] Jensen Huang has grabbed many of the headlines as Nvidia broke through the $2 trillion mark, catapulting him into the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC. Whilst [Nvidia CEO] Jensen Huang has grabbed many of the headlines as Nvidia broke through the $2 trillion mark, catapulting him into the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC. ... the billionaires behind Microsoft, Google, Amazon, Oracle and Meta have seen significant surges in their wealth as investors bet on the value generated by AI, Hurun Research Institute's global rich list report, via NBC

All You Need To Know About the Top Five Solar Parks Of India| Oneindia News

As global sustainability efforts surge, solar energy emerges as a leading renewable option. Revered since ancient times, the sun now powers modern civilization. India, a solar powerhouse, generates 5,000 trillion kWh annually, ranking third in Asia. Solar parks like Bhadla, Pavagada, Kurnool, NP Kunta, and Rewa drive India's renewable energy transition. #India #GlobalEconomy #Bhadla #Pavagada #Kurnool #NPKunta #Rewa #SolarEnergy #SolarEnergy #SolarPandels #Indianews #Oneindia #Oneindianews ~HT.178~PR.152~ED.194~GR.124~

2 Japanese navy helicopters crash in the Pacific Ocean during training, 1 dead | Oneindia

During a nighttime training flight, two Japanese navy helicopters, each carrying four crew members, crashed in the Pacific Ocean south of Tokyo, possibly colliding with each other, according to the country's defence minister on Sunday. Tragically, one crew member recovered from the waters was later declared deceased, while rescuers continued to search for the remaining seven who were still missing. The incident occurred late Saturday near Torishima island, approximately 600 kilometres (370 miles) south of Tokyo, involving two SH-60K choppers from the Maritime Self-Defense Force, Defense Minister Minoru Kihara informed reporters. #JapanHelicopterCrash #NavalTrainingTragedy #PacificOceanAccident #SH60sDisaster #JapaneseNavyLoss #TrainingExerciseTragedy #HelicopterCollision #NavalAviationIncident #PacificTrainingMishap #NavalAviationTragedy ~PR.152~ED.194~GR.125~HT.96~

Climate Change Impacting Cherry Blossom Season Around the World

Climate Change Impacting , Cherry Blossom Season , Around the World. 'Time' reports that cherry blossom trees around the world are blooming earlier as a result of increasing temperatures due to climate change. According to Daisuke Sasano, a climate risk management officer , at the Japan Meteorological Agency, the average bloom date, has moved up 1.2 days per decade since 1953. Cherry trees, known as sakura in Japan, had an average starting bloom date of March 29 between 1961 and 1990, according to Sasano's research. Between 1991 and 2020, the data showed that the average moved up to March 24. . In 2023, the starting bloom date in Tokyo was March 14. . The fact that Tokyo recorded the earliest start date is due to global warming, compounded with urbanization, Daisuke Sasano, Climate risk management officer, via 'Time'. 'Time' reports that the warmer-than-normal temperatures were recorded all around the world this winter, with January coming in as the hottest ever on record. Spring is most definitely starting earlier than when you were a kid— there is no doubt about that, Theresa Crimmins, Director of the USA National Phenology Network, via 'Time'. Many, many studies show clear trends toward warmer temperatures and earlier starts to springtime activity over the longer term, Theresa Crimmins, Director of the USA National Phenology Network, via 'Time'. According to U.S. government data, peak bloom in Washington D.C. has shifted earlier by around 7 days since 1921.

IMF Warns of Broad Global Impact Due to Conflict in the Middle East

IMF Warns of Broad Global Impact, Due to Conflict in the Middle East. According to 'The Guardian,' the International Monetary Fund recently highlighted the risks of escalating conflict in the Middle East with two new reports. . The reports, titled World Economic Outlook (WEO) and the Global Financial Stability Review (GFSR), comes amid heightened fears of a war between Iran and Israel. The IMF reports that the escalating conflict comes at a time when financial markets have remained optimistic of a soft landing for the global economy. The IMF reports that the escalating conflict comes at a time when financial markets have remained optimistic of a soft landing for the global economy. That soft landing, which would include lowering inflation, receding interest rates and would avoid a potential recession, could be threatened by the outbreak of war. That soft landing, which would include lowering inflation, receding interest rates and would avoid a potential recession, could be threatened by the outbreak of war. 'The Guardian' reports that previous Middle East conflicts have resulted in significantly higher oil prices. . Pierre-Olivier Gourinchas, the IMF’s economic counsellor, said the organization was evaluating the potential for another commodity shock from the conflict. The increased inflation that would come from higher energy prices would trigger a response from central banks that would tighten interest rates in order to secure inflation coming back to target, and that would weigh down on activity, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'. The increased inflation that would come from higher energy prices would trigger a response from central banks that would tighten interest rates in order to secure inflation coming back to target, and that would weigh down on activity, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'. It would do so in a context in which, in some countries, activity and growth is already fairly weak, so that might also have a strong effect there, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'. According to Gourinchas, the impact of a 15% increase in the price of oil, combined with higher shipping costs, could result in a 0.7% increase in global inflation. According to Gourinchas, the impact of a 15% increase in the price of oil, combined with higher shipping costs, could result in a 0.7% increase in global inflation. Gourinchas also warned that such an increase would also bring down business confidence and global investment.

IMF Question Pakistan Over Claims of Meeting Targets Even Before Proper Review| Oneindia News

The IMF team, led by Nathan Porter, expressed dismay at Pakistan's finance ministry for prematurely claiming fulfillment of structural benchmarks. Before completing their review, the team arrived to analyze economic data. The ministry's premature announcement left the IMF unable to provide feedback. Pakistan's finance minister assured such incidents wouldn't recur. Discussions continue for the release of the last $1.1 billion tranche, with speculation of a potential mini-budget to boost revenues. #IMF #NathanPorter #PakistanEconomicCrisis #IMFPakistan #PakistanEconomy #IMFBailout #Worldnews #Pakistannews #Economynews #Oneindia #Oneindianews ~HT.178~PR.152~GR.123~

Investing in women and girls: Is gender parity the key to economic prosperity?

Why does the world need more women in the labour market and managerial positions? Kristalina Georgieva, the International Monetary Fund's Managing Director, shares her thoughts on the Global Conversation.

Russia-Ukraine War: Russian drones injure 6 in Ukraine’s Kharkiv, Dnipro regions | Oneindia

Russian forces carried out an overnight drone attack on Ukraine's Kharkiv and Dnipro regions, causing injuries to at least six individuals and causing damage to critical infrastructure, as well as commercial and residential buildings, according to regional officials on Saturday. The Ukrainian Air Force reported that Russian forces deployed 13 Shahed drones targeting these regions in the northeast and centre of the country. The air defence units successfully intercepted and downed all the drones, as confirmed by the air force commander. However, debris from the downed drones struck civilian targets in Kharkiv, resulting in injuries to four people and igniting a fire in an office building, as stated by the regional governor. #RussiaUkraineWar #KharkivAttack #DniproAttack #DroneStrike #ATACMSMissiles #MilitaryConflict #SecurityThreat #RegionalTensions #InternationalRelations #WarZone #Kharkiv #Dnipro #RussianAggression #UkrainianDefense #CrossBorderConflict ~PR.152~ED.103~GR.122~HT.96~

Ukrainians flee Russian advance as footage shows decimated village

No building in Ukraine's Ocheretyne village appears unscathed by fierce fighting between Kyiv and Moscow.

Cameron statement on UK arms for Ukraine 'dangerous', Kremlin says

Kremlin brands France and UK's Ukraine comments as 'dangerous'

Moscow has reacted to comments about sending troops and arms to Ukraine as dangerous, while Kyiv urges Western allies to speed up aid deliveries.

Situation 'dire' for Ukraine despite delayed US aid package

Ukraine has been rationing ammunition and bullets; meanwhile the Russian army has been using 'human wave' tactics by sending poorly trained recruits to the frontline in a bid to force Ukraine use up all of its ammunition.

Why Hong Kong & Singapore has Banned Indian Spices, MDH & Everest? | Oneindia News

Discover the latest developments as Hong Kong follows Singapore in banning the sale of popular Indian spice brands Everest and MDH due to pesticide concerns. Learn more about the health risks posed by the contamination and the impact on consumer safety. Stay informed with our comprehensive coverage. #Everest #MDH #IndianSpices #EverestBaninSingapore #MDHBaninSingapore #HongKong #Singapore #Oneindia ~HT.178~PR.274~ED.101~GR.121~

Singapore Minister Indrani Rajah Proposes Tamil Language Introduction in Public Schools | Oneindia

Indian-origin minister Indrani Rajah highlights the importance of Tamil as a mother tongue in Singapore, advocating for its early exposure to children. She underscores the need for active usage and constant exposure to keep the language vibrant. The Tamil Language Festival, launched by Rajah, celebrates Tamil culture and heritage, fostering connections and pride within the community. #Singaporenews #Singapore #Tamillanguage #Tamil #TamilLanguageFestival #IndraneeRajah #SingaporeTamil #Worldnews #Oneindia #Oneindianews ~HT.99~PR.152~ED.155~