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Nearly half of health insurance buyers in India cited rising medical expenses’ as reason for purchasing insurance: Report
Interestingly, it also mentioned that nearly 30 per cent of...
CBSE asks schools to set up ‘sugar boards’ to monitor students’ sugar intake
"This alarming trend is largely attributed to high sugar intake,...
Demand for electric two wheelers slowing down due to reduced govt subsidy: Report
Sales of electric two wheelers also significantly declined in Q1 FY24 due to the government withholding FAME subsidies for certain Original Equipment Manufacturers (OEMs), it said Additionally, the report said that a subsidy reduction to Rs 10,000 per kWh from Rs...
RBI launches centralised web portal ‘UDGAM’ for unclaimed deposits
The launch of the web portal will aid users to identify their unclaimed deposits/ accounts and enable them to either claim the deposit amount or make their deposit accounts operative at their respective banks, the release read. The search facility for remaining banks...
ESG funds continue to see outflow; Rs 520 crore pulled out in June quarter
Continuing the trend of outflow, the year-to-date 2023 withdrawal was at Rs 1,060 crore as compared to Rs 1,020 crore in the preceding year. This is in contrast to the infusion of Rs 1.83 lakh crore for the year to date in the overall fund market New Delhi:...
Urban poor most impacted in July inflation surge: Crisil
The poorest segment in both urban and rural areas faced a higher inflation burden than their high-income counterparts, as food inflation accelerated sharply,'' the Crisil note added Mumbai: Urban poor have been the most impacted by 15-month high consumer price...
German cabinet agrees bill legalizing recreational cannabis use
Moves by governments to legalize the recreational use of marijuana have led to increased consumption and cannabis-related health problems, a U.N. narcotics watchdog said in March. Germany's cabinet on Wednesday passed a contentious bill to legalize recreational...
Hong Kong’s population climbs to 7.5 million, near 2019 level
"Many Hong Kong residents who stayed abroad during the epidemic have returned to Hong Kong, while some mainland and overseas persons have also been admitted to Hong Kong through various schemes," the government said. Hong Kong's population rose 2.1% from the middle of...
Free services at government hospitals in Maharashtra from Tuesday
Among other things, common tests and screenings such as X-ray, ECG, blood tests and CT scans will be free. If medicines are not available at the OPD, they shall be purchased locally (by the hospital) and given to patients, the order said Mumbai: Free treatment and...
China’s fertility rate drops to record low 1.09 in 2022- state media
China's fertility rate is already one of the world's lowest alongside South Korea, Taiwan, Hong Kong and Singapore. Concerned about China's first population drop in six decades and its rapid ageing population, Beijing is urgently trying an array of measures to lift...
Indian enterprises increase AI adoption, says report
According to a PwC report titled 'Towards a smarter tomorrow: Impact of AI in the post-COVID era' the industrial products and manufacturing sector has seen the maximum adoption of AI/ML (Artificial Intelligence/ Machine Learning) over the last two years. Indian...
After short breather; FPIs invest in equities on global uncertainty, concerns over China
''Since the markets have rallied smartly during the last three months, some profit booking by FPIs would be rational and can be expected, ''VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said New Delhi: Foreign Portfolio Investors (FPIs)...