``Believe me, in the next five to seven years time, expenses for...
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NIA CMD cautions on inadequate pricing for natural catastrophe perils
Girija Subramanian, CMD, NIA, explained that while seamless digital...
Govt assessing impact on financial entities if war breaks out in Middle East: DFS Secy
M Nagaraju,Secretary , Department of Financial Services In the...
Climate change may lead to increased probability of defaults: RBI DG Rao
M Rajeshwar Rao,deputy governor, Reserve Bank of India "Climate change would lead to additional operational costs for the borrowers with an increased possibility of loss of their assets, leading to increased probability of default by the borrowers," he said at Credit...
Hurricanes and earthquakes could lead to global insured losses of $ 300 billion in a peak year, Swiss Re
Balz Grollimund, Swiss Re's Head of Catastrophe Perils, said: "Our recent analysis of over 200 in-house models and the loss trend over the last 30 years show what is at stake: When a severe hurricane or a major earthquake hits an urban area in a country with...
Rare diseases often go undiagnosed or untreated in parts of Africa. A project seeks to change that
Globally, more than 350 million people live with rare diseases, most of them caused by a misstep hidden within their genes. Some conditions can be caught early and treated—but in parts of Africa where population data and resources are scarce, many people go...
Corporate America boosts security spending after UnitedHealth murder, filings show
“The number of customers requiring assessments and executive protection has increased 10 to 15 times the number prior to December 4,” said Glen Kucera, president at security services firm Allied Universal, which serves more than 80% of Fortune 500 companies U.S....
FM ask NPCI to address infrastructure gaps to prevent future disruption of UPI
Nirmala Sitharaman,Finance Minister NPCI officials also informed the Finance Minister that between 2021-22 and 2024-25, around 26 crore new users and 5.5 crore new merchants have been successfully onboarded onto the UPI platform. UPI now has approximately 45 crore...
Power outage hits large parts of Spain and Portugal
Officials said the possibility that it was caused by a cyber attack had not been ruled out MADRID/LISBON: Spain and Portugal were hit by a widespread power outage on Monday that paralysed public transport, caused large traffic jams and delayed flights.Utility...
Delhi launches free Rs 10 lakh health cover for senior citizens under Vay Vandana scheme
Delhi Chief Minister Rekha Gupta and Union Minister Hardeep Singh Puri launched Ayushman Vay Vandana scheme in New Delhi Under the Vay Vandana Yojana, each registered senior citizen will be provided with a unique health card.This card will securely store their...
Solid monetary frameworks helped emerging markets navigate recent crises: Gita Gopinath
Gita Gopinath,Chief Economist,IMF IMF chief economist Gita Gopinath stated that “if we have to take a lesson from it, the reason that they had that resilience was that they built up good, solid monetary policy frameworks, the inflation targeting regime, maintaining...
India, as fastest growing economy, is ideal investment destination: RBI Governor
Sanjay Malhotra,Governor,Reserve Bank of India . Malhotra highlighted that proactive government policies present unparalleled opportunities for investment in sunrise sectors such as space, semiconductors, renewable energy, and electric vehicles (EVs) Washington: India...
Cancer treatment top priority for govt, Rs 3k cr allocated for it: Nadda
Union Health Minister JP Nadda ``We have made the age of 30 mandatory for screening. Cancer treatment is a priority area for policy makers and we have allocated Rs 3000 crore for the purpose," he said. Nadda said more than 26 crore people have been screened for oral...