Articles by Bibhudatta Pradhan and Rahul Satija

New Delhi Factory Fire Takes 43 Lives

At least 43 people died in a blaze in New Delhi early Sunday morning, authorities said. The fire broke out in a factory operating in a residential area, Anil Mittal, a spokesman for the Delhi police said. The state government …

Extreme Rainfall Could Cost South Asian Cities Up to $215B Annually by 2030

As global attention focused on hurricanes Harvey and Irma, more than 41 million people across South Asia battled floods and displacement. From Afghanistan in the west to Bangladesh in the east, floods could cost South Asia — home to a …

Attempt in India to Raise Foreign Ownership Cap for Insurance Hits Logjam

Indian Prime Minister Narendra Modi risks failing to win approval from lawmakers for one of his biggest policy changes yet, a setback that dims prospects for other key bills until he wins greater sway in the upper house. In a …

India Moves Closer to Raising Foreign Direct Investment Cap for Insurance

Max India Ltd., the Indian partner of MS&AD Insurance Group Holdings Inc., Japan’s biggest casualty insurer, surged to its highest in a month after a parliament panel recommended the nation increase the cap on foreign investment in the sector. Max, …

India Searches for Flood Survivors as Death Toll May Rise

Flash floods triggered by torrential rain in northern India may have killed hundreds of people, a government official said, as the armed forces stepped up searches for those stranded in mountainous areas. Narrow valleys in the foothills of the Himalayas, …

Monsoon Triggers Floods in India’s Himalayas, Killing 138

Air force helicopters and rescue teams searched for survivors in northern India after days of monsoon rains triggered flash floods and landslides, killing at least 138 people and leaving hundreds missing. Parts of Uttarakhand and Himachal Pradesh, the worst-hit states …