The valuation of LIC jumped Rs 46,425.48 crore to Rs 6,74,877.25...
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Kuwait fire, a reminder of dismal working conditions of Indian diaspora
About 13 million Indians work abroad - more than 60% of them in...
Drafting of rules under data protection law in advanced stage; extensive industry consultations soon: Vaishnaw
Ashwini Vaishnaw, Union Minister for for Electronics and IT The...
India’s medium-term growth to slow to around 6.5% after initial rebound, says Fitch
Fitch said the medium-term recovery will be slow. “Supply-side potential growth will be reduced by a slowdown in the rate of capital accumulation – investment has recently fallen sharply and is likely to see only a subdued recovery.”
Reeling from coronavirus, Asia’s poultry farmers battle bird flu outbreak
Bird flu cannot infect people through poultry consumption, and the H5N8 virus is not known to have ever infected humans, but consumers are still fearful, said Uddhav Ahire, chairman of Anand Agro Group, a poultry company based in the western city of Nashik.
SCOR partners with CyberCube for developing a cyber risk management tool
Jean-Paul Conoscente, CEO of SCOR P&C, commented,“In line with our Quantum Leap strategic plan, under which we are accelerating our use of new technologies, this partnership with CyberCube is a perfect example of how SCOR leverages data management and analysis capabilities to build its knowledge and deliver optimal service to clients.This integrated Cyber platform is a major development that will enable us to further deepen and broaden our management of this key risk in the future.”
Microsoft, Cigna form coalition for digital records of COVID-19 vaccination
The project, called Vaccination Credential Initiative, aims to help people get encrypted digital copies of their immunization records stored in a digital wallet of their choice, the companies said in a statement on Thursday.
Kerala suffered Rs 1.56 lakh crore revenue loss due to COVID pandemic and lockdown:Finance minister Isaac
Kerala Finance Minister T M Thomas Isaac, who tabled the Left government’s Economic Review 2020 in the state assembly, a day ahead of the state budget,said natural disasters including Cyclone Ockhi of 2017, two consecutive floods of 2018, ’19 and the pandemic affected the state’s economy along with the return of non-resident Keralites (NRKs) from abroad, mostly following job loss.
Over 60% of seniors want to work post-retirement, spend on leisure travel: Survey
‘Seniors in India have traditionally been a dependent demographic, post investing their life’s earnings on their kids, a stable home, etc. They often depend on the Indian joint family milieu to support them. According to the survey findings, this trend is changing,” Antara said.
Tesla CEO Elon Musk confirms India entry
Company is reportedly in talks with five states as it explores feasibility of setting up its manufacturing unit and research and development (R&D) centre in India
Willis Towers Watson adds Shanghai to its Global Markets Property & Casualty Hub
Initially focused on the coordination of placement activity across London, Bermuda and Singapore, the addition of Shanghai enables the hub to facilitate increased sharing of ideas, expertise, innovation and perspectives across the Asia Pacific region.
Indian stores shuttered by farmer protests cost Reliance, Walmart millions in revenue: sources
One industry source said estimated losses for Reliance from its state-wide shutdowns run into millions of dollars. Two other sources said Walmart’s estimated revenue loss from its store, one of 29 such outlets nationwide, has crossed $8 million.
In November, Punjab estimated economic losses from the protests at $4 billion, while one industry group has pegged the overall hit to India’s economy at $9.6 billion.
Google removes some lending apps in India to protect consumers
The online lending industry has come to the attention of the authorities after at least two suicides in the past month linked to alleged harassment by recovery agents of such apps.