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Climate change: China coal surge threatens Paris targets

Climate change: China coal surge threatens Paris targets

Science
While the rest of the world has cut coal-based electricity over the past 18 months, China has added enough to power 31 million homes.That's according to a study that says China is now in the process of building or reviving coal equivalent to the EU's entire generating capacity. China is also financing around a quarter of all proposed coal plants outside its borders. Researchers say the surge is a major threat to the Paris climate targets.China's reliance on coal as a key step in developing the economy led to the fabled "one coal plant a week" building programme between 2006 and 2015.But the push had many negative consequences, choking the air with pollution in many Chinese cities and leading to huge overcapacity. Many of these pl...
Israel attacks Iranian military targets in Syria

Israel attacks Iranian military targets in Syria

World
Nov. 20 (UPI) -- The Israeli military said Wednesday it carried out "wide-scale" strikes against Iranian targets in Syria overnight in retaliation for rockets fired at the country a day earlier. Israel Defense Forces spokesman Lt. Col. Avichay Adraee said in a statement that warplanes had struck dozens of Iran's elite Al Quds Forces and Syrian military targets in Syria, including surface-to-air missiles, munition depots and military bases in areas concentred near Damascus. #BREAKING: We just carried out wide-scale strikes of Iranian Quds Force & Syrian Armed Forces targets in Syria in response to the rockets fired at Israel by an Iranian force in Syria last night.— Israel Defense Forces (@IDF) November 20, 2019 Israel said the 1 a.m. attack was in retaliation for four rockets lau
Aditya Birla Health Insurance targets 80 per cent growth

Aditya Birla Health Insurance targets 80 per cent growth

Finance
KOLKATA: Aditya Birla Health Insurance, a part of Aditya Birla Capital, is expecting to grow its business by 80 per cent during the current financial year, a company official said on Tuesday. In the first half of this fiscal, the company's business stood at Rs 315 crore, which is 78 per cent higher compared to the previous first half. Last year, the company registered a business of Rs 500 crore. "The company is the fastest growing among health insurance companies in the country," CEO of Aditya Birla Health Mayank Bathwal told reporters here. The company came into existence three years ago, he said adding that 2021-22 is likely to be the break-even fiscal. "We expect to break-even by 2021-22. In the subsequent year, the company is expected to clock profits," Bathwal said. With a capital bas...
Parasitic wasp species that targets invasive stink bug named after Idris Elba

Parasitic wasp species that targets invasive stink bug named after Idris Elba

Science
Nov. 18 (UPI) -- Scientists have named a newly discovered parasitic wasp species after the actor Idris Elba. The species -- its scientific name, literally, Idris elba -- was found in Guanajuato, Mexico. The wasp parasitizes an invasive stink bug called the bagrada bug, a pest that causes major damage to cruciferous vegetables. Scientists described the new species this week in the Journal of Hymenoptera Research. The Idris genus was first described in 1856. Today, the genus includes more than 300 species. All other known Idris species infest the eggs of spiders. "This is the first association of an Idris species with a non-spider host, and the association is confirmed with molecular diagnostic tools that enable identification of parasitoid and host from the remains of parasitized eggs," ...
Seeing strong lending biz growth, MobiKwik targets Rs 1500 cr disbursement this fiscal

Seeing strong lending biz growth, MobiKwik targets Rs 1500 cr disbursement this fiscal

Finance
Digital payments company MobiKwik has witnessed strong growth in its lending business and aims to disburse loans worth Rs 1,500 crore in FY2020 through its platform. The company, which competes with the likes of Paytm in the fintech space, has already disbursed over one lakh "digital loans" in September this year. "We started our digital lending journey more than a year ago, and disbursed over 1,00,000 fully digital loans in September...We are well on track to disburse over Rs 1,500 crore across 1.2 million loans in FY2020," MobiKwik Co-founder and CEO Bipin Preet Singh told PTI. He added that the company is working with leading financial institutions to create loan products that customers need in small packet sizes. "We have been able to keep operating costs low by delivering the loan com...