The increasing challenges of climate change and conflict mean the...
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Global banks expand maternity benefits to retain women in India
Banks are hungry for talent in India. With US-China tensions...
States reverting to old pension scheme fiscally unsustainable: RBI paper
The immediate gain for states shifting back to the OPS is that they...
116-Year-Old Japanese Woman Named World’s Oldest Living Person
Japan has one of the world’s highest life expectancies and has been home to several people recognised as among the oldest humans to have ever lived.They include Jiroemon Kimura, the longest-living man on record, who died soon after his 116th birthday in June 2013.
China’s GDP growth pace was inflated for nine years, study finds
China’s GDP has long been criticized for either over- or under-estimating growth, or for smoothing out the fluctuations in real economic activities. Local authorities, eager to achieve economic growth goals so as to improve their own chances of promotion, used to report regional GDP figures that when summed would be more than 10 percent larger than the official national figure.
EU and UN Women partner to boost women’s economic rights and opportunities in Asia
Anna-Karin Jatfors, UN Women’s acting Regional Director for Asia and the Pacific, said: “Women make crucial contributions to the region’s economies. WeEmpower Asia will create transformative partnerships between private sector companies, female entrepreneurs and women-led businesses, and policymakers to drive social change. It will benefit not only women, but also societies and economies as a whole.”
Pool Re’s new initiative to make businesses more resilient to terrorism in UK
Commenting on the collaboration, Minister of State for Security, Ben Wallace MP, said: “This project is one of the first of its kind – a collaboration between the police, the insurance sector, and the Government that will help to keep the country safe and secure. If we are to properly respond to the terrorist threat, we need to ensure everyone plays their part. That is why partnerships like this one are so vital and I thank Pool Re for their leadership.”
Passenger vehicle sales down 11% to 2,72, 284 units in February: SIAM
Vehicle sales across categories registered a decline of 3.65 per cent to 20,34,768 units from 21,11,804 units in February 2018
Amid trade tensions with US, India wants Iran oil sanction waiver extended
Although the United States granted Iran’s biggest oil customers – China, India, Japan, South Korea, Taiwan, Turkey, Italy and Greece – waivers that have allowed them to continue limited imports, Washington is putting pressure on governments to eventually reduce purchases of Iranian oil to zero. The first round of waivers expires around May 4.
World’s biggest sovereign wealth fund to decide on dumping oil
The decision is also important given the fact that the positions taken by the fund — which controls 1.4 percent of global market capitalisation — are closely watched by other investors.In another significant move, the fund has already pulled out of the coal industry, both for environmental and financial reasons.
Government expects 1 crore enrollment for new pension scheme by end March
The scheme, launched by Prime Minister Narendra Modi on March 5 in Ahmedabad, aims to provide pension to 42 crore workers in the unorganised sectors. Under this scheme, unorganised workers will get a pension of Rs 3000.
At 30%, India’s youth inactivity highest among emerging mkts: IMF economist
“Youth inactivity is the highest in India compare to emerging and developing economies and it is about in 30 per cent,” he said, defining the term as young people being neither in school or employed.Bluedorn noted that the key challenges facing youth in emerging economies labour markets include gender gaps, technological change, poor job quality in employment.
Janaushadhi scheme led to Rs 1,000 crore savings for common people: PM Modi
“We have reduced the prices of 850 medicines of common use. Besides, prices of other things required in the heart and knee surgery, which are delicate and costly, have been slashed,” Modi said.The prime minister said December 7 will be observed as ‘Janaushadhi Diwas’.