India loses $9.8 billion every year due to disasters

Last Updated: Monday, May 4, 2015, 23:14

India suffers losses of $9.8 billion every year owing to multi-hazard disasters as 58.6 percent of its land is prone to earthquakes and 8.5 percent vulnerable to cyclone, as per a UN estimate.

Disasters cost $113 billion damage in 2014: Swiss Re

Last Updated: Wednesday, December 17, 2014, 18:25

This is 16 percent less than the USD 135 billion in losses recorded in 2013 and significantly below the average annual figure of USD 188 billion for the previous 10 years.

Malaysia Airlines loses widen in wake of disasters

Last Updated: Saturday, November 29, 2014, 02:31

Crisis-stricken Malaysia Airlines said on Friday that its third-quarter loss widened 54 percent in the wake of two devastating air disasters that have sent its business into a tailspin and prompted a government rescue.

US suffered $7 bn weather disasters in 2013: Report

Last Updated: Thursday, January 16, 2014, 12:07

The US experienced seven weather and climate disaster events in 2013, each with losses exceeding $1 billion in damages, according to a government report released Wednesday.

`Runaway` heat behind deep earthquakes

Last Updated: Sunday, December 29, 2013, 14:15

Researchers have gained insight into the mechanism that causes deep quakes in the Earth to spread and eventually lead to an earthquake.

Natural disasters kill 24 in China

Last Updated: Tuesday, December 10, 2013, 19:12

At least 24 people were killed in natural disasters across China last month that caused direct economic losses of USD 1.12 billion.

Cost from disasters quadrupled in 30 years: World Bank

Last Updated: Tuesday, November 19, 2013, 00:01

Natural and weather disasters are costing nearly USD 200 billion (150 billion euros) a year, four times more than in the 1980s, the World Bank said Monday, warning climate change would drive the bill even higher.

10 deadliest natural disasters in the Philippines

Last Updated: Monday, November 11, 2013, 11:14

Super Typhoon Haiyan may go down in history as the deadliest natural disaster to hit the calamity-prone Philippines, with authorities estimating at least 10,000 dead on one island alone.

Steps to deal with natural disasters

Last Updated: Monday, October 28, 2013, 22:00

Government Monday took a series of steps, including strengthening of forecasting capabilities, advance information on quakes and landslides, maintaining road and telecommunication networks, to deal with natural disasters and reduce causalities.

US lawmakers step up assault over 'Obamacare' woes

Last Updated: Friday, October 25, 2013, 12:06

US lawmakers have grilled the contractors behind the troubled Obamacare website as Republicans attacked what they dubbed "one of the biggest IT disasters in government history."

`Eight lakh may die if magnitude 8 quake hits Himalaya region`

Last Updated: Sunday, October 6, 2013, 11:10

Over eight lakh people may die if an earthquake measuring 8 on the Richter scale occurs in the seismically-active Himalayan states from Jammu and Kashmir to Arunachal Pradesh, National Disaster Management Authority`s Vice Chairman M Shashidhar Reddy has warned.