Going ahead, the trajectory of FPIs' investments in India will be...
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3.1 magnitude earthquake strikes Faridabad near Delhi
Experts say the impact of a large-scale earthquake can be reduced...
T’gana polls: BRS promises increased social security pensions and health insurance in manifesto
K Chandrasekhar Rao,BRS chief and Telangana Chief Minister 93 lakh...
London market premium rises to £28.4 bn
Dave Matcham, chief executive of the IUA added: “The data returns for this year’s report cover a period before the implementation of most Brexit contingency plans. Such is the diversity of London Market business models, however, it is already certain that Brexit will impact different firms in quite different ways. London is at the heart of an intricate web of cross-border business which is set to become even more complex.”
General Insurance premiums grow 17 % to Rs 96,000 cr in H12019-20
“We have got a very clear plan in place grow our business. Due to certain practices of certain players, it is now difficult to compete in motor insurance business. That’s why, we are concentrating on other segments like marine, hull, aviation, property and engineering which constitute now more than 50 per cent of our portfolios,’’ said Atul Sahai, CMD, NIA.
Number of crorepati taxpayers up 20% to 97,689 in AY 2018-19: CBDT data
In all, more than 5.87 crore income tax returns were filled, as per the statistics generated from e-filed returns (digitally signed, e-verified or where ITRV has been received) submitted up to August 15, 2019.
Why strong monsoon rains are not necessarily good news for Indian farmers
While crops in the ground have been damaged by the monsoon, the rains have replenished reservoirs and ground water reserves, which augurs well for India’s rural economy in 2020.
Business interruption losses in supply chain can be very severe:Lloyd’s Report
Physical impacts arising from supply chain failures can also affect intangible assets, notably brand and reputation, noted the report. In addition, the increased frequency and severity of extreme weather can exacerbate risks to infrastructure, manufacturing and distribution networks.
India Jumps To 7th Position In Brand Finance Nation Ranking
As per the latest report by independent brand valuation consultancy Brand Finance, India has jumped to seventh position from 9th last year, after recording 19 percent growth in brand value to $2.6 trillion.
Moody’s cuts India GDP growth forecast to 5.8% for FY20
“What was an investment-led slowdown has broadened into consumption, driven by financial stress among rural households and weak job creation,” it said adding a credit crunch among non-bank financial institutions (NBFIs), major providers of retail loans in recent years, has compounded the problem.
Govt may consider hiking bank deposit insurance limit from Rs 1 lakh: Finance Minister
India’s GDP expansion has slowed to a six-year low of five percent for the June quarter. This has led to a rash of downward revisions in expectations, including from the RBI which now expects GDP growth to come down to 6.1 percent in FY20.
One in five organizations doesn’t have cyber insurance: Marsh-Microsoft Study
Among respondents to the Marsh-Microsoft Cyber Perception Survey, nearly one-third of those who said their organization estimates the potential financial costs of a cyber event projected that losses from a worst-case incident could reach into the tens of millions of dollars .
Trade conflicts could cause a loss of $700 bn to global economy:IMF Chief
“In 2019, we expect slower growth in nearly 90 percent of the world. The global economy is now in a synchronized slowdown,” Georgieva said in a speech ahead of IMF-World Bank autumn meetings next week.