A key driver in this transformation is likely to be the window of a...
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No reason for Canadian pension funds to back out from India: Official
''They are here because they are making higher returns here… So I...
5-8 million Indians suffering from Alzheimer’s
In India, people with Alzheimer’s are possibly between 5.3 million...
Ping An ranks 7th on Forbes’ ‘Global 2000’ List
Ping An’s revenue during the period covered was US$151.8 billion, with a profit of US$16.3 billion, assets of US$1,038.3 billion and a market capitalization of US$220.2 billion.
U.S. blacklisting of China’s Huawei to disrupt Global Technology Supply Chain
Out of $70 billion Huawei spent for component procurement in 2018, some $11 billion went to U.S. firms including Qualcomm, Intel Corp. and Micron Technology Inc., and they could see that revenue disappear.
Advisory firms urge ‘No’ vote on AIG execs’ pay packages
AIG’s board awarded Duperreault $21 million last year, less than half his compensation in 2017.His pay compares with $10 million to $17 million for CEOs of major U.S. competitors Prudential Financial Inc, Travelers Companies Inc and MetLife Inc.
RBI asks NBFCs with over Rs 50,000 crore in assets to appoint risk officers
An independently functioning chief risk officer with clearly specified role and responsibilities has to be appointed by NBFCs, the Reserve Bank of India said in a statement.
Adopting a healthy lifestyle helps reduce the risk of dementia
Dementia is a rapidly growing public health problem affecting around 50 million people globally. There are nearly 10 million new cases every year. Dementia is a major cause of disability and dependency among older people. Additionally, the disease inflicts a heavy economic burden on societies as a whole, with the costs of caring for people with dementia estimated to rise to US$ 2 trillion annually by 2030.
India’s child mortality rate was world’s highest in 2015: Study
“India can accelerate its reduction of under five mortality rates by scaling up vaccine coverage and improving childbirth and neonatal care, especially in states where mortality rates remain high,” said study co-lead author Li Liu, Assistant Professor at Johns Hopkins Bloomberg School of Public Health in the US.
Bank of England fires warning shot to insurers over capital, Libor
The BoE and the Financial Conduct Authority have written to the chief executives of insurers and banks, asking them to spell out their preparations for effectively ditching the use of Libor by the end of 2021.The BoE wants insurers to reference its overnight rate SONIA in contracts and balance sheet assessments after banks were fined billions of pounds for trying to rig Libor.
Monsoon likely to hit Kerala on June 4: Skymet
The country is likely to receive 93 per cent rainfall of the long period average, Skymet said in a statement.
Saudi Arabia says two Saudi oil tankers attacked near UAE waters
Iran’s foreign ministry called the incidents “worrisome and dreadful” and asked for an investigation into the matter.The strait, a vital global oil and gas shipping route, separates the Gulf states and Iran, which has been embroiled in an escalating war of words with the United States over sanctions and the U.S. military’s presence in the region
FPIs pull out Rs 3,207 crore in May so far
“While the long-term growth prospect remains for India, we have seen short-term headwinds in May,” said Alok Agarwala, Senior VP and Head – Investment Analytics at Bajaj Capital