[ad_1] New Delhi: Commerce and Industry Minister Piyush Goyal on Sunday urged the construction industry to reduce import reliance, embrace sustainable practices, and focus on earthquake-resistant and modular infrastructure. In his address  to the inaugural session of Vibrant Buildcon 2025, organized by CAPEXIL in New Delhi, Goyal emphasized that sectors like housing, infrastructure, real estate,…
[ad_1] The recent California wildfires have reignited global concerns about climate change and its role in intensifying natural disasters. Beyond the immediate devastation, they have also highlighted a growing crisis in the insurance industry. It is the rise of insurance deserts—regions where access to insurance becomes scarce or nonexistent due to extreme risk and unsustainable…
[ad_1] (Bloomberg) — Among natural disasters, wildfires are the great unknown. Even the most-sophisticated scientific models fail to capture all the risk factors or properly account for the increasing impact of climate change. It’s a major problem for homeowners, insurers and investors, as shown by this month’s Los Angeles blazes that partly or completely incinerated more than 14,000 structures, including several thousand…
