A bench headed by Acting Chief Justice Manmohan dismissed a...
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India can become world’s 2nd largest economy by 2031: RBI deputy guv
Michael D Patra,Deputy Governor,RBI "These gains need to be...
India’s score on SDG index shoots up as poverty level dips, economy grows
Between 2018 and 2023-24, the fastest moving States are Uttar...
Number of newborns in China drops 15% in 2020 as coronavirus weighs
China saw 10.035 million births last year, the ministry said on Monday, compared with 11.79 million in 2019. Of those born last year, 52.7% were boys and 47.3% girls.
In recent years, many couples have been reluctant to have children due to the rising cost of health care, education and housing. The abandoning of the decades-long one-child policy in 2016 has not provided much impetus to the country’s birth rate.
Joint Panel on Data Protection Bill can submit its report by 15 March
Opposition parties had criticised the central government for a growing “snooping industry” under its watch and alleged that the bill violated the Constitution of India. Electronics and Information Technology Minister Ravi Shankar Prasad had refuted the charge.
New premium of life insurance firms rises 3.7 pc to Rs 21,390 cr in Jan
The country’ largest life insurer LIC registered a fall of 2.43 per cent in new business premium during January to Rs 13,143.64 crore as against Rs 13,470.91 crore in the year-ago month.,
The remaining 23 private sector players in the life insurance sector collected Rs 8,246.06 crore as first-year premium, up by 15.30 per cent from a year ago.
Budget proposals positive for insurance sector: Fitch Ratings
“Fitch expects a relaxation of foreign-ownership rules to attract international insurers and promote competition within the sector. This will, in turn, increase the insurers’ access to capital and thereby improve the industry’s solvency position,” the agency said in a statement.
U.S. insurance asset sales attract new private equity players, strategies
Insurers inked 441 deals worth $25 billion in 2020, up from 356 deals worth about $22 billion the year before, according to data from Refinitiv. That momentum continued into January which was the most active month for insurance deal-making in 20 years, according to PricewaterhouseCoopers.
A few Covid vaccine recipients developed a rare blood disorder
It is not known whether this blood disorder is related to the Covid vaccines.
More than 31 million people in the United States have received at least one dose, and 36 similar cases had been reported to the government’s Vaccine Adverse Event Reporting System, VAERS, by the end of January. The cases involved either the Pfizer-BioNTech or Moderna vaccine, the only two authorized so far for emergency use in the United States.
Lloyd’s launches global resilience platform for systemic risks
“The COVID-19 pandemic has shown that a hypothetical systemic risk, is never far from becoming a reality and that we must do everything we can to prepare and mitigate against the worst impacts of the constantly changing and challenging risk landscape,” commented John Neal, CEO of Lloyd’s.
Willis to pay $2.1m cash retention agreements for 4 executives till Aon merger
Under the retention agreements, Burwell, Wickes, Hess and Gunn are each eligible to earn a cash amount of up to $750,000, $487,500, $487,500 and $420,000, respectively, based on the number of whole and partial months each are employed with WTW from Jan. 1, 2021 through the date of the closing of the merger, said the filing.
Scientists warn over misuse of Climate Models in financial markets
“In the same way that a Formula One Grand Prix car is not what you would use to pop to the supermarket, climate models were never developed to provide finessed information for financial risk,” said Andy Pitman, a climate scientist at the University of New South Wales and a co-author of the paper.
South Africa suspends AstraZeneca vaccine drive
“The AstraZeneca vaccine appeared effective against the original strain, but not against the variant,” Mkhize said. “We have decided to put a temporary hold on the rollout of the vaccine … more work needs to be done.”