Denys Shmyhal, Prime Minister of Ukraine, said: “The launch of the...
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Equity investors become richer by Rs 3.29 lakh cr as markets rally over 1 pc
''This is likely to draw FII flows into emerging markets, which is...
Salaries in Southeast Asia to rise in 2024 defying economic slowdown concerns: Aon
Attrition rates across southeast Asia have dropped in 2023 compared...
Promoting Responsible Artificial Intelligence in Insurance
When used for risk selection and pricing, trust in AI systems can be fostered by using data sources that are related to the insured risk in a way which is intuitively understandable to customers. The benefits of overly complex models may not always justify their reduced interpretability.
Govt has money for statues, not public health: Bombay High Court
Public health has never been a priority for the government, the bench said, adding that the “chief minister is busy inaugurating bridges”.
Political turmoil to be the ‘new normal’ for the world in 2020, risk firm says
Many governments were caught by surprise by the scale and ferocity of the protests and ended up attempting to crackdown on the movements, deploying what human rights group have said were arbitrary arrests and indiscriminate violence. That response has ended up further radicalizing protesters and provoking more violent demonstrations, Verisk Maplecroft said in its Political Risk Outlook 2020.
Digital, physical retail have own advantages, challenges: Kishore Biyani
“Physical has its own advantages and nuances and digital has its own advantages. Both of them came in different eras and they will meet, I think in next 3-4 years it will be ‘phygital’,” Biyani said.
Japan minister Shinjiro Koizumi becomes first to announce paternity leave
Both parents can take up to a year off in Japan , with additional renewable six-month periods if a nursery place is unavailable.But only six per cent of fathers take parental leave, compared to more than 80 per cent of mothers who use their allowance beyond the mandatory eight weeks after birth.
IRDA approves 33 regulatory Sandbox proposals
Some of the other general insurers who have received regulatory approvals for their regulatory sandbox projects are- Religare Health Insurance, Bharti Axa General Insurance Co Ltd, Kotak Mahindra General Insurance, TATA AIG General Insurance, SBI General Insurance, Acko General Insurance Ltd, Liberty General Insurance Ltd, Reliance General Insurance Co, Edelweiss General Insurance.
RBI issues new debit and credit card rules to improve security
RBI has directed banks and other card issuers to enable cards only for use at contact based points i.e. ATMs and Point of Sale (Pos) devices within India at the time of issue of the cards. This means that when a card is issued it will, by default, only be usable to physically swipe at a PoS or at a ATM. It would not be enabled for use online or for contact-less transactions.
WEF sounds alarms about Climate Change risks
The WEF report also called on policy makers and firms to match targets for protecting the climate with ones that boost economies, and for companies to adjust to science-based targets now in order to avoid massive future losses.
Kumar Mangalam Birla says ‘slowbalization’ will define decade
He also had words of admiration for Greta Thunberg, the high-profile teen activist who has became the face of a global movement against climate change. Companies are now forced to think about generating revenue while ensuring sustainability, Birla said.
Income tax relief likely in Budget: Flat rates, fewer exemptions being considered
At present, an individual can save upto ₹1.5 lakh per annum under Section 80C of the Income Tax Act by making investments in insurance plans and few other specified instruments including buying a pension plan run under the NPS. An additional self contribution (up to ₹50,000) under section 80CCD (1B) is available as NPS tax benefit. In addition, there are deductions for contributing towards paying premium for health insurance and for paying installment for homes bought on loans.