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Obesity treatment drugs to be new growth engine for pharma industry: Sun Pharma
"Improving access to GLP-1 treatments in the coming years will be a...
SC takes suo motu cognisance of Aravalli Range, hearing on Dec 29
As per the causelist published on the website of the apex court, a...
Ban on BS-III petrol, BS-IV diesel 4-wheelers in Delhi amid rising pollution levels; Rs 20,000 fine for violators
"There shall be no plying of BS III petrol and BS IV diesel LMV (4 wheelers) in Delhi. There shall be no plying of Delhi registered Diesel operated Medium Goods Vehicles (MGVs), of BS-III standards or below, in Delhi, except, those carrying essential commodities/...
Cloud investments: Majority of banks and insurers struggle to maximize the value
“Cloud adoption should be viewed as the start of a transformative journey that fuels long-term business growth, rather than the end game or destination. What’s clear from our research is that while the technology is seen by financial institutions as a building block,...
State govt has funds in SDRF for Wayanad rehabilitation Centre to Kerala HC
The submission from the central government came during the hearing of a plea initiated by the High Court for prevention and management of natural disasters in the state in the wake of the landslides that devastated three villages in Wayanad district of Kerala Kochi:...
Govt to soon come up with new policy for elderly
Rajit Mehta, Chairman, ASLI and MD & CEO, Antara Senior Care, said, "With the senior population in India projected to surpass 300 million by 2050, making up nearly 20 per cent of the total population, the demand for comprehensive senior CARE solutions is set to...
New Zealand Govt launches online hub with mental wellbeing tools to help farmers deal with stress of adverse weather events
“Adverse weather events are an increasingly common reality for our farmers and growers. Farming and growing isn’t easy work. There are already a ton of challenges to navigate even before the likes of floods and cyclones are thrown into the mix. When things get bad...
M&A Insurance claim costs rise despite drop in number of claims, Tighter underwriting terms expected
GTS’ Americas region saw the smallest decline in R&W notification count in 2023 and was the only region to register an increase in notifications in Q1 2024. The Europe, Middle East and Africa region saw a notable drop in R&W notifications in 2023, but it was...
Tokio Marine Group partners with Resilient Cities Network to accelerate investments in urban resilience
The new partnership will see Tokio Marine Group companies provide expertise and support to the Taskforce with a focus on developing commercially viable finance and insurance solutions for project portfolios that enhance climate resilience in more than 100 cities. At...
Modi regime sees five-fold jump in ITR filers with income above Rs 50 lakh middle class tax burden falls
As per the income tax return (ITR) filing data, the number of individuals showing annual income of over Rs 50 lakh has gone up to over 9.39 lakh in 2023-24, a five-fold jump from 1.85 lakh in 2013-14. Also, the income tax liability of those earning above Rs 50 lakh...
India’s Insurance Sector: Robust growth but coverage, profitability challenges prevail
Peeyush Dalmia, Senior Partner, McKinsey & Company, says, "While current growth indicators are promising, the industry has not seen improvement in productivity. Achieving long-term success requires a fundamental transformation in how insurance products are...
COP29 climate talks urged to find $1 trillion a year for poorer countries
A previous goal of $100 billion per year, which expires in 2025, was met two years late in 2022, the OECD said earlier this year, although much of it was in the form of loans rather than grants, something recipient countries say needs to change. Setting the tone at...