The sharp fall in domestic equities comes as crude oil prices...
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Over 28 crore Jan Dhan accounts held by women: Sitharaman
Finance Minister Nirmala Sitharaman “When women gain financial...
Reinsurers scrap war-risk cover after US torpedoes Iranian ship
Indian insurers and reinsurers have canceled hull coverages in...
Tesla, Musk beat shareholder lawsuit over self-driving promises
Elon Musk,CEO,Tesla U.S. District Judge Araceli Martinez-Olguin in San Francisco said shareholders failed to show Tesla and Musk should be liable for falsely promising they were close to delivering technology that would drive safer than humans, but that was actually...
Public spending on health overtakes out-of-pocket expenditure in India: Report
"For the first time in Indian History public spending on #Health overtakes out-of-pocket expenditure proves PM @narendramodi govt commitment to Healthier Citizens per capita govt expenditure on #healthcare tripled from 2013-14 to 2021-22," said Prof Shamika Ravi,...
1,492 people died in extreme weather events in 2024 monsoon season
The data also revealed that Madhya Pradesh recorded the highest number of deaths (189) due to thunderstorms and lightning strikes, followed by Uttar Pradesh (138), Bihar (61), and Jharkhand (53) New Delhi: A total of 1,492 people died in India during extreme weather...
Escalating conflict hurts India’s trade with West Asian countries
Disruptions in key shipping routes, particularly through the Suez Canal and Red Sea, have forced vessels to take longer paths around the Horn of Africa, leading to a 15-20 per cent increase in shipping costs New Delhi: The escalating conflict in West Asia is hurting...
Experts welcome Union Health Ministry’s draft Bill on passive euthanasia
The guidelines also lay out conditions such as if the individual has been declared brainstem dead, or if there is a medical prognostication and considered opinion that the patient's disease condition is advanced and not likely to benefit from aggressive therapeutic...
Sebi decides to introduce new asset class; ‘MF Lite’ framework for passive funds
Madhabi Puri Buch,chairperson, Sebi The board cleared 17 proposals, including an amendment to insider trading rules to clarify the definitions of ‘connected person’ and ‘immediate relative’ and relaxed eligibility criteria and compliance requirements for investment...
EU privacy regulator fines Meta €91M over password storage in GDPR violation
The inquiry was opened five years ago after Meta notified Ireland’s Data Protection Commission (DPC) that it had stored some passwords in “plaintext.” Meta publicly acknowledged the incident at the time and the DPC said the passwords were not made available to...
Port strike will paralyze half of US trade and cargo carriers
Oxford Economics estimated that a strike would cost the US economy $4.5 billion to $7.5 billion a week — a hit to gross domestic product that would be reversed after it’s over and shipments resume The world’s top container carrier is urging customers to move US cargo...
Marsh McLennan strikes $7.75 bln deal for McGriff Insurance Services
Marsh McLennan said it expects the deal, struck through its Marsh McLennan Agency business, to enhance the unit's capabilities across commercial property and casualty, employee benefits, management liability and personal insurance lines Marsh McLennan, the largest...
India’s monsoon rains hit four-year high in boost to crop output
India badly needed good rainfall in 2024 after its driest year in five years in 2023, which depleted reservoir levels and trimmed production of some crops. This forced New Delhi to impose curbs on exports of rice, sugar and onions MUMBAI: India's monsoon rainfall this...