CrackitToday App

Catastrophe Bonds (Cat Bonds)

Catastrophe Bonds (Cat Bonds): India’s growing vulnerability to climate disasters has reignited policy interest in catastrophe bonds (cat bonds) as a financial instrument for disaster-risk financing. Catastrophe bonds (cat bonds) are insurance-linked securities that convert disaster risk into tradable financial products. They transfer the financial risk of natural disasters like earthquakes, cyclones, and floods—from governments […]

European Union Ministers gave the final green light for Bulgaria to adopt the euro

European Union Ministers gave the final green light for Bulgaria to adopt the euro: European Union Ministers gave the final green light for Bulgaria to adopt the euro on January 1, 2026, making it the single currency area’s 21st member.It is located in the southeastern region of the European continent, occupying the eastern part of […]

Gambhira-Mujpur bridge on the Mahi River collapsed in Padra taluka of Vadodara, Gujarat.

Gambhira-Mujpur bridge on the Mahi River collapsed in Padra taluka of Vadodara, Gujarat: Mahi River is one of the major west-flowing interstate rivers of India. It flows through the states of Madhya Pradesh, Rajasthan, and Gujarat. The river is popularly described as “Mahisagar” due to its vastness. It originates in the northern slope of the […]

Nistar

Nistar: The ‘Nistar’ vessel was delivered by Hindustan Shipyard Limited to the Indian Navy at Visakhapatnam.It is the first indigenously designed and constructed Diving Support Vessel. The ship’s name, ‘Nistar’, originates from Sanskrit and means liberation, rescue or salvation. The warship has been designed and built as per classification rules of the Indian Register of […]

Order of the Most Ancient Welwitschia Mirabilis

Order of the Most Ancient Welwitschia Mirabilis: Prime Minister of India was conferred with Namibia’s highest civilian honour, The Order of the Most Ancient Welwitschia Mirabilis, during his state visit to Windhoek. He is the first Indian leader to receive this distinction, marking a milestone in India–Namibia bilateral ties.A prestigious civilian award named after Welwitschia […]

A massive wildfire in Tarragona province, Catalonia

A massive wildfire in Tarragona province, Catalonia: A massive wildfire in Tarragona province, Catalonia (Spain) has forced over 18,000 people into lockdown, burning nearly 3,000 hectares of forested land. Tarragona is a coastal province in northeastern Spain, forming the southern part of Catalonia. Known for its Roman heritage, agricultural economy, and natural landscapes, it is […]