According to the Reserve Bank of India (RBI), household net...
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Equity investors lose Rs 2.89 lakh crore in two days of market fall
''The domestic markets remained under pressure due to rising US...
UK watchdog sets three-month deadline to improve car insurance
The Financial Conduct Authority (FCA) said on Wednesday it had...
UK, Australia warns against travelling to Sri Lanka, sees further attacks
“Terrorists are very likely to try to carry out attacks in Sri Lanka. Attacks could be indiscriminate, including in places visited by foreigners.”
Aadhaar never collected individual data, it’s just an ID: Nandan Nilekani
“It (Aadhaar) is a much simpler system because the privacy problem becomes more acute when there is an organisation collecting data on you. Aadhaar was never collecting data on you.All that Aadhaar was doing was giving an ID and doing the verification. So, it is not really a great candidate for this (surveillance),” Nilekani said.
SBI offers 20 bps discount on electric vehicle loans
“We believe SBI green car loan (electric vehicle) scheme would act as a change agent in the auto loan segment and encourage customers to switch to electric vehicles which can improve overall air quality and lower carbon emissions,” SBI managing director, retail and digital banking, PK Gupta said.
Over 150 killed, 450 injured in decade’s worst terror attack in Sri Lanka
Christian groups say they have faced increasing intimidation from some extremist Buddhist monks in recent years. And last year, there were clashes between the majority Sinhalese Buddhist community and minority Muslims, with some hardline Buddhist groups accusing Muslims of forcing people to convert to Islam.
Deposits in Jan Dhan accounts fast inching towards Rs 1 lakh crore mark
The Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched on August 28, 2014 with an aim to provide universal access to banking facilities to all households.Enthused by the success of the scheme, the government enhanced the accident insurance cover to Rs 2 lakh from Rs 1 lakh for new accounts opened after August 28, 2018.The overdraft limit was also doubled to Rs 10,000.
Hannover Re scales back its exposure to coal-fired power plants
Furthermore, the Group has set itself the goal of no longer covering any coal-based risks in connection with power generation in its entire property and casualty reinsurance portfolio from the year 2038 onwards.
UAE Takaful companies catching up with conventional peers
Emily Thompson, financial analyst, said: “Despite the growth in GWC, Takaful operators still account for a modest part of the UAE’s overall insurance market, commanding a stable 17% market share in 2018. Penetration has been consistent in recent years, but whether Takaful insurers can gain a sufficient foothold in the market to challenge the conventional players remains to be seen.”
Indians most worried about terrorism, jobs and corruption: Survey
“Likewise, lack of jobs is weighing on the minds of Indians and government needs to take the bull by the horns and actively needs to address job creation and tighten its stranglehold on terrorism,” said Parijat Chakraborty, Service Line Leader, Ipsos Public Affairs, Customer Experience and Corporate Reputation.
U.S. State department adds Kidnapping Risk to travel advisories
The 35 countries making the initial list for the risk of kidnapping and/or hostage taking are: Afghanistan, Algeria, Angola, Bangladesh, Burkina Faso, Cameroon, Central African Republic, Colombia, Democratic Republic of the Congo, Ethiopia, Haiti, Iran, Iraq, Kenya, Lebanon, Libya, Malaysia, Mali, Mexico, Niger, Nigeria, Pakistan, Papua New Guinea, Philippines, Russian Federation, Somalia, South Sudan, Sudan, Syria, Trinidad and Tobago, Turkey, Uganda, Ukraine (in Russian-controlled eastern Ukraine), Venezuela, and Yemen
Mumbai airport has more private jet departures than Dubai, Tokyo
The top rank is held by New York, thanks to the city being home to the world’s largest number of rich people, with 66,968 private jet departures in 2018, while Mumbai is ranked 146, according to a study on the travel trends of ultra-high networth individuals by Knight Frank Friday.