Tag: Crisis
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Insights from India’s 2010 Microfinance Crisis
In October 2010, the government of Andhra Pradesh issued an emergency ordinance, bringing microfinance activities in the state to a complete halt and causing a nationwide shock to the liquidity of lenders, especially those with loans in the affected state. Using this massive dislocation in the microfinance market, this article identifies the “general equilibrium” impacts…
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Civil Aviation Minister Promises Firm Action in IndiGo Crisis
Union Minister for Civil Aviation K Rammohan Naidu speaks in the Rajya Sabha regarding the IndiGo flight crisis, during the Winter session of Parliament, in New Delhi, on Monday, Dec. 8, 2025. | Photo Credit: Sansad TV Union Civil Aviation Minister K. Rammohan Naidu on Monday (December 8, 2025) informed Rajya Sabha that the government…
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Vigilance Required: Addressing the Ongoing Student Scam Crisis in Hong Kong
Anti-fraud messages are so loud and clear nowadays that it might seem unthinkable for anyone to still fall for online or phone scams. However, the recurrence of headlines featuring new plots and tactics shows no one is too smart to be conned. There must be more targeted publicity and education to protect the vulnerable. The…
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Concerns Raised About IndiGo Board and Risk Committee Amid Crisis
THE CRISIS at IndiGo that has caused widespread disturbance in passenger movement over the last five days has put a question mark on the effectiveness of the airline’s board, which amongst others includes a former capital markets regulator, an ex-Indian Air Force chief, a former G20 sherpa, and an ex-chair of the US aviation administrator.…
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Combating Japan’s Dementia Crisis: The Role of Technology in Care and Management
With orange bracelets in hand, salespeople, bus drivers, staff at supermarkets, cashiers in banks, and many others who were trained under the program help them out. ‘Team Orange’ targets to establish a strong connection among dementia supporters and healthcare professionals with dementia patients. With the Japanese government addressing the dementia concern effectively through legislation, programmes…
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Tehran’s Water Crisis: Causes and Consequences
This story originally appeared on Bulletin of the Atomic Scientists and is part of the Climate Desk collaboration. During the summer of 2025, Iran experienced an exceptional heat wave, with daytime temperatures across several regions, including Tehran, approaching 50 degrees Celsius (122 degrees Fahrenheit) and forcing the temporary closure of public offices and banks. During…
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IndiGo Resolves Crisis with Rs 610 Crore in Refunds and 3,000 Bags Delivered
IndiGo crisis: On government push, airline refunds Rs 610 crore, delivers 3,000 bags The Times of India Chaos foretold: on the Indigo crisis, air safety The Hindu Travel chaos continues as Indigo’s flight cancellations mount The Times of India Delhi Airport Video Shows Luggage Remains A Challenge As IndiGo Crisis Eases NDTV Rs 610 crore returned: IndiGo flyers get…
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IndiGo Passengers Reimbursed ₹610 Crore After Six-Day Cancellation Crisis
IndiGo has ramped up operations after nearly a week of nationwide flight disruptions, processing a whopping Rs 610 crore in refunds and returned around 3,000 pieces of baggage to affected passengers, the Civil Aviation Ministry said on Sunday. The airline, which operates about 2,300 flights a day and commands nearly 65 per cent of India’s…
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Addressing Japan’s Dementia Crisis: The Role of Technology
Suranjana TewariAsia Business Correspondent, Tokyo Getty Images Around seven million people suffer from dementia in Japan Last year, more than 18,000 older people living with dementia left their homes and wandered off in Japan. Almost 500 were later found dead. Police say such cases have doubled since 2012, underscoring a growing strain on the world’s…
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IndiGo Crisis Deepens: Government Imposes Fare Caps, Mandates Refunds, Summons CEO
Representative image (AI-generated) NEW DELHI: IndiGo’s nationwide operational crisis entered its fifth day on Satuday, with the airline cancelling over 800 flights, even as the government tightened oversight, imposed fare caps, ordered immediate refunds and warned of regulatory action for any non-compliance. While the disruptions continued to affect thousands of passengers across the country, the…