Ayushman Bharat PM-JAY, launched on 23rd September 2018, has...
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Affordable, accessible healthcare road map for ‘healthy India’, says Jitendra Singh
“With increasing lifespan, changing lifestyles and environmental...
FPIs outflow in equities crosses Rs 10,000 cr mark in Sep on rising rates
"Since valuations remain high even after the recent pullback and US...
HR Khan panel suggests significant changes to FPI regulations
The group, headed by former RBI deputy governor H R Khan, has also pitched for liberalised investment cap, review of prohibited sectors for foreign investment for FPIs, permitting FPIs for off-market transactions and review of restriction on sovereign wealth funds for investment in corporate debt securities.
As many as 8 Hurricanes Forecast for ‘Near Normal’ 2019 Hurricane Season
The hurricane season will be closely watched because of its potential to take a heavy human toll as well as rattle oil and gas markets across the globe. Over the past two years, storms including Michael, Irma and Harvey led to scores of deaths and over $250 billion in damages. They have also sent U.S. gasoline prices surging, shifted global crude and fuel flows, disrupted production in the energy-rich Gulf Coast and threatened crops.
Britain may go for a hard Brexit as May quits
Spain said it now seemed almost impossible to avoid a so-called hard Brexit, or clean break from the EU, and the bloc signaled there would be no change on the agreement despite European Commission President Jean-Claude Juncker learning of May’s resignation “without personal joy.”
Uber and Lyft to turn the wheels on car ownership: industry experts
“Your phone will be your car,” said Andre Haddad, CEO of Turo, a peer-to-peer car-sharing company that enables users to rent their cars out to others. Haddad said that while car sales have never been higher globally, people are realizing that owning a vehicle is increasingly becoming unaffordable due to car payments, insurance, and parking.
“Many more are realizing they can share their car when they’re not using it or rent it out to recover the big costs of ownership,” he added.
Companies re-designing job roles due to changing industry trends: Survey
Nearly half (47 per cent) of senior HR professionals are predicting a skills shortage in the country in the near future and, as a result, over one-third (37 per cent) are focusing on making changes in job descriptions to swiftly adopt changing trends, according to the survey by job portal Shine.com.
EU’s landmark Data Privacy Law, GDPR, already providing Global Standard
The new regulation has forced global companies to reconsider their own rules, inspiring territories from Brazil to China and India to California to develop their own privacy and security regulations based on a de facto GDPR benchmark.
RBI to create a specialised supervisory and regulatory cadre to monitor banks and NBFCs
The reason behind a potential overhaul of the RBI supervisory structure are expected to the non-bank finance crisis, failures of credit rating agencies to flag risks, divergence in asset quality by big banks and alleged lapses on the part of auditors
PNB could take control of OBC, Andhra Bank, Allahabad Bank: Reports
New Delhi has been trying to merge smaller regional state-run banks with better managed larger government-owned lenders as one way to reduce bad loans that stand at more than Rs 9 trillion ($130 billion), or nearly 5 per cent of the nation’s gross domestic output.
Surprise! India has the third highest expat salary packages in Asia
The average expatriate pay package provided by companies in Japan to mid-level employees is $386,451 a year, eclipsing what’s on offer anywhere else in the region, according to a report by consultancy ECA International. Japan also saw the biggest increase in expat package values last year, thanks to a stronger yen and steeper housing costs, said Lee Quane, a regional director at the firm.
FPIs withdraw Rs 6,399 cr in May so far on trade war, election uncertainty
“This change in trend is not entirely unexpected. It can be attributed to both domestic as well as global scenario turning unfavourable. The fallout of the US-China trade talk has waned investors’ risk appetite globally,” said Himanshu Srivastava, Senior Research Analyst, Morningstar Investment Adviser India.