"Transgender individuals were facing numerous difficulties in...
Category:
Eco/Invest/Demography
Latest
Health must be fast-tracked for 2030
Sustainable Development Goal 3 also identified universal health...
IRDAI convenes an urgent meeting of re/insurance CEOs on Monday over Surety Bonds logjam
After Nitin Gadkari, union minister, Ministry for Road Transport...
‘Unregulated deposit ordinance to lead to creation of central repository of registered firms
The Ordinance makes it absolutely necessary for everyone to register before taking a deposit and creating a central repository of all the registered entities which can take deposits. So, whosoever are not registered are not regulated entities,” said Financial Services Secretary Rajiv Kumar.
From now on, there is a complete ban on unregulated deposit and anyone promoting this will be punished, he said. “It also says you cannot dupe anybody as an agent or even as advertisement, you cannot give face to that scheme which is not regulated by any agency,” he added.
AI and Risk Management
Key Takeaways
• Understanding the debate about the impacts of Artificial General Intelligence (AGI) is good but your organization is more likely to intersect AI in a narrow application. Understand the role that the volume and quality of data will play in your implementation. Be clear about responsibilities and obligations of data stewardship.
• Introduction of AI is enabling the successful achievement of corporate objectives. Consider AI as a driver or amplifier of existing risks already on your radar.
• Change is inevitable. Your career will change, and you need to participate in that evolution. Opportunities exist for those who can apply the principles of continuous learning
Insurance not enough to offset financial risks of climate change, analysts say
Over the next 30 years, the risks from heatwaves, storm surges and floods will increase substantially because of warming already underway, the physical threats report noted
7.16 lakh jobs created in Dec, 72.32 lakh in last 16 months: Payroll data
The EPFO manages social security funds of workers in the organised/semi organised sector in India and has more than 6 crore active members (with at least one-month contribution during the year
Regulatory cost weighs on India’s CEOs as Modi fights corruption
Modi aims to take India into the top 50 countries in terms of ease of doing business. India climbed 23 places to 77 among 190 countries surveyed in the World Bank’s Ease of Doing Business 2019 rankings.
IRDA asks insurers to launch standard health insurance covers with no add-ons
This standard product should have the basic mandatory covers as specified in the proposed norms which has to be uniform across the market. No additional add-ons or optional covers allowed to be proposed to offer along with the standard product.
Breather for startups: Govt raises investment cap for angel tax concession
“An entity shall be considered as startup if its turnover for any of the financial year, since its incorporation or registration, has not exceeded Rs 100 crore instead of the existing Rs 25 crore,” the official said.Besides, investments by listed companies with a net worth of Rs 100 crore or turnover of Rs 250 crore into an eligible startup shall be exempt from the section 56 (2) (viib) of the Income Tax Act, beyond the Rs 25 crore limit.
Single emergency helpline number ‘112’ aunched in 16 states, UTs
The ERSS is an integration of police (100), fire (101), health (108) and women (1090) helpline numbers to provide emergency services through the single number ‘112’.
FPIs turn net buyers in February, pour Rs 5,300 crore into equities so far
According to the latest data available with depositories, a net sum of Rs 5,322 crore has been pumped into equities during February 1-15. However, FPIs pulled out a net amount of Rs 248 crore from the bond market during the period.This has translated into a net investment of Rs 5,074 crore in the country’s capital markets (equity and debt together).
Portal launched for real-time info on available depth on national waterways
LADIS will ensure that real-time data on least available depths (LADs) is disseminated for ship, barge and cargo owners so that they can undertake transportation on national waterways (NWs) in a more planned way.