The long drawn-out saga has thrown up two questions for prospective investors, or those who already have business interests in India. First, what does a go-ahead from the country’s antitrust authority even mean if an entire chain of investment based on that approval...
Eco/Invest/Demography
Investors’ wealth plummets over Rs 6.80 lakh cr in 3 days of market fall
''Indian markets witnessed profit booking for the third consecutive day amidst concern over higher US Treasury yields and the Federal Reserve tightening monetary policy,'' said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd Mumbai:...
Indian stock markets slump for 3rd straight day; Sensex down 516 points
The benchmark Sensex is trading deep in the red for the third consecutive session. The Sensex had lost 656 points and 554 points in the previous two trading sessions, respectively Mumbai: The Indian equities markets key indices tumbled for the third straight day on...
Millionaires group calls for wealth tax at virtual Davos
According to a study conducted by the Patriotic Millionaires together with Oxfam and other non-profits, a progressive wealth tax starting at 2% for those with more than $5 million and rising to 5% for billionaires could raise $2.52 trillion, enough globally to lift...
Rising premium growth, govt reforms to strengthen insurers’ profitability: Moody’s Report
''The Indian insurance industry's growth prospects are favourable, underpinned by an expected 9.3 per cent GDP expansion in fiscal 2021, which ends March 2022, and by strong demand for health insurance in the wake of the pandemic,'' Moody's Investors Service said in...
SEBI examines alternate dispute resolution mechanism for investors, regulated entities
SEBI in November 2021 published the 'Investor Charter' for securities markets to further augment its efforts to protect investors’ interests, promote transparency in markets and enhance awareness, trust and confidence among investors. Since then, various steps have...
India reports over 2.8 lakh new COVID-19 cases, daily positivity rate at 15.13 pc
As per the health ministry, there is an increase of 0.79 per cent in Omicron cases since yesterday. The daily positivity rate is at 15.13 per cent while the weekly positivity rate is 15.53 per cent. Meanwhile, the country's recovery rate stands at 93.88 per cent India...
After supply, logistics emerges as biggest threat to global vaccination programs
Developed countries are getting to the point where they are choosing to live with Covid and treat it as endemic, their hospital systems insulated by higher vaccination rates. But logistical issues continue to bedevil the rollouts of poorer countries, becoming one of...
71 pc of employees rethinking their careers: Report
According to the data, Covid-19 has brought a paradigm shift in the priorities of the employees. For 68 per cent of surveyed employees, job satisfaction was solely ranked as 'very' or 'most' important aspect followed by salary and job satisfaction for 62 per cent, the...
Cyber perils outrank Covid-19 and broken supply chains as top business risk globally and in Asia Pacific: Allianz Risk Barometer 2022
Cyber incidents tops the Allianz Risk Barometer for only the second time in the survey’s history (44% of responses), Business interruption drops to a close second (42%) and Natural catastrophes ranks third (25%), up from sixth in 2021 London/Munich/New...