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Cloudbursts: Hitting Himalayan regions hard
This monsoon season has so far seen at least four major deadly...
AI Shakeup: $283 billion Indian outsourcing sector can shed 5 million jobs
"With cost optimization being the key driver for new deal wins,...
Airlines to supermarkets: Living with Covid is tough in gridlocked economy
Still, as the pandemic persists into its third year, it’s becoming clearer by the day that a return to economic normality is some way off. The global economy is now split between those countries living with the virus and China’s dogged pursuit of Covid-zero From...
Amazon’s legal woes are a cautionary tale for other investors in India
The long drawn-out saga has thrown up two questions for prospective investors, or those who already have business interests in India. First, what does a go-ahead from the country’s antitrust authority even mean if an entire chain of investment based on that approval...
Cyber perils outrank Covid-19 and broken supply chains as top business risk globally and in Asia Pacific: Allianz Risk Barometer 2022
Cyber incidents tops the Allianz Risk Barometer for only the second time in the survey’s history (44% of responses), Business interruption drops to a close second (42%) and Natural catastrophes ranks third (25%), up from sixth in 2021 London/Munich/New...
From pandemic to endemic: Can 2022 succeed where 2021 failed?
Health experts, however, are preaching caution, saying there’s too much uncertainty about how the virus will evolve, how much immunity society has built up and potential damage if people stop being careful After two years of contagion and death, Covid is shifting...
Emerging economies learn to manage Covid-19
In India, where the immunization rate is about 45%, antibody surveys suggest that most of the population has already had Covid in the past, which experts believe could lessen the impact of the coming wave Developing nations brought to their knees by earlier waves of...
Five things to look for in Asia stocks amid 2022 reversal hopes
I After a two-year frenzy, retail investor participation and new account openings in places like South Korea and India are showing signs of fatigue. That could reduce volatility and crowded trades in markets in 2022, allowing for more participation by...
2021:Indian Life Insurance Trends
Vighnesh Shahane, MD & CEO, Ageas Federal Life Insurance With the hike in rates by reinsurers, term plan prices are set to rise, but they still remain one of the most important and crucial investments in one’s financial portfolio In India, a third wave could...
Infectious diseases present ‘clear and present danger’ everywhere:UN
Noting that infectious diseases remain “a clear and present danger to every country”, . Guterres maintained COVID-19 would not be the last pandemic for humanity It means strengthening primary health care at the local level to prevent collapse… ensuring equitable...
Extreme weather events cost the world billions in 2021, shows study
Worryingly such climate devastation is set to continue without action to cut emissions. Insurer Aon warns that 2021 is expected to be the sixth time global natural catastrophes have crossed the $100 billion insured loss threshold. All six have happened since 2011 and...
Ban drug ads to promote health
In the US alone, USD 20 billion was spent in 2016 to convince doctors to prescribe brand-name drugs. The problem needs tackling at two ends: better regulation of promotion and making doctors less susceptible to it. Turning over-regulation to the drug companies, as is...