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India’s Cloudburst Challenges:Insurance gaps & Future safeguards
The entire Himalayan belt is increasingly vulnerable to...
Aerospace Industry: Facing strong supply chain headwinds
“Airlines depend on a reliable supply chain to operate and grow...
Ransomware remains a top cyber risk for businesses globally, but new threats emerging: Allianz report
Ransomware is forecast to cause $30bn in damages to organizations globally by 2023 Around the world, the frequency of ransomware attacks remains high, as do related claims costs. There was a record 623 million attacks in 2021, double that of 2020 Although frequency...
Number of Indian poor people fell by about 415 mn between 2005-06 and 2019-21, a ‘historic change, says UN
"Despite tremendous gains, the ongoing task of ending poverty for the 228.9 million poor people in 2019/2021 is daunting — especially as the number has nearly certainly risen since the data were collected'' The number of poor people in India fell by about 415 million...
Mental Illness: Indian Insurers now cover alzheimers, depression and bipolar disorders
Sanil Basutkar Having an appropriate cover and healthcare plan for mental illness needs to be an important aspect when looking for a comprehensive insurance for you and your family How does insurance cover work for mental illness?For around 60 years after...
South Asia’s poorest city dwellers bear brunt of worsening floods
Worrying about floods is an annual routine for the community, but environmental experts fear its residents - like marginalised city dwellers across South Asia - face even harsher threats ahead as rains becomes more erratic and intense. This summer's deadly inundation...
Ageing and Health: Global population ageing is much faster now
By 2030, 1 in 6 people in the world will be aged 60 years or over. At this time the share of the population aged 60 years and over will increase from 1 billion in 2020 to 1.4 billion. By 2050, the world’s population of people aged 60 years and older will double (2.1...
COVID pandemic created immunisation gaps in Africa, Over half a million children are at risk
The continent's health systems have to manage on average 150 cases of disease outbreaks and other public health emergencies every year. These range from armed conflicts to climate-related disasters (including flooding, drought, and famine) and disease outbreaks....
Tapping Indian Surety Bonds Market
Vishwajeet Kadam The Indian Surety insurance business will assist in developing an alternative to bank guarantees for construction projects. This shall enable the efficient use of working capital and reduce the requirement of collateral to be provided by...
COVID fallout: Global youth unemployment set to reach 73 million, says ILO
The report’s takeaways include the worrying finding that young women are worse off than young men when it comes to finding a job. This year, fewer than three in 10 young women globally are expected to be in work, compared to well over four in 10 young men The number...
Monkeypox: How it spreads, who’s at risk – here’s what you need to know
Monkeypox is not a new disease, and in some African countries it is endemic. However, the international outbreak which began in May 2022, has prompted the World Health Organization (WHO) to declare a global health emergency. Here are some of the important things to...
Preparing Indian Banks for Tomorrow
Shaktikanta Das, Governor, Reserve Bank of India The banks will face competition from Fintechs which are already making their presence felt within the financial services space With advancement in digital banking, cybersecurity will remain an important challenge for...