The study, titled "Balancing Growth and Public Health Safety:...
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Banks at crossroads as AI costs rise and risks escalate: S&P Report
In terms of risk management practices, the report pointed out that...
Mahindra & Mahindra and Canadian Manulife form 50:50 life insurance JV, To invest Rs 3,600 crore
“We can plan getting into non-life business if composite license is...
Class Action Suits: 2 separate cases to provide level a playing field for India’s minority investors
Following the insertion in 2016 of a class-action provision in the Companies Act, a number of them could, in theory, come together and seek compensation from the company, its directors, auditors and even external consultants for acting in bad faith By Andy Mukherjee...
SEBI open to oversight of crypto trade, in contrast to Reserve Bank
Sebi said it could monitor cryptocurrencies that take the form of securities as well as new offerings called Initial Coin Offerings (ICO). It could also issue licenses for equity market-related products, said the person aware of the panel's discussions Mumbai: India's...
General insurers issue around 700 surety bonds for Rs 3000 crore in recent months
So far, NHAI has received 164 Insurance surety bonds consisting of 20 bonds for performance security and 144 bonds for bid securities for implementing its projects New Delhi: After initial hitches, some of the domestic general insurers including New India Assurance,...
Need more doctors, hospital beds to achieve healthcare vision 2047: Report
The report also highlighted the importance of having 100 per cent health insurance coverage for the country's population There is a need to increase the number of qualified doctors to more than 50 lakh and also add 30 lakh more hospital beds in the country in order to...
April Heatwave: Calls for comprehensive heat action plans
Extreme temperatures can also impact economies. People are less productive during hot weather, even if they work indoors, while children struggle to learn in extreme heat Annu Mishra kept her modest food stall shut as temperatures in Odisha's Bhubaneswar remained...
1 per cent of GDP lost, 49 per cent of young adults consume tobacco: KPMG report
Dr Narender Saini, Former General Secretary of the Indian Medical Association, said "Tobacco use affects both the health and economy. The burden of tobacco-related morbidity and mortality has been on the rise. Respiratory ailments, cardiovascular diseases and various...
Sebi allows LIC 3-yrs from now to comply with 10% minimum public shareholding norms
The corporation now has to achieve 10 per cent public shareholding on or before May 16, 2027 Mumbai: The capital market regulator Sebi has allowed Life Insurance Corporation(LIC) three more years from now to comply with its minimum public shareholding (MPS) norms of...
ISRO: Earth Impacted by Intense Solar Storm
''This is the biggest geomagnetic storm since 2003 in terms of its strength, as the flaring region on the Sun was as big as the historically important Carrington event that took place in 1859,'' ISRO said in a statement. Bengaluru: A powerful solar storm impacted...
Asia’s extreme April heat worsened by climate change, scientists say
"Heatwaves have always happened. But the additional heat, driven by emissions from oil, gas and coal, is resulting in death for many people." In the Philippines, one of the worst-hit countries, authorities issued health warnings, shut down schools and rationed...
Digit raises Rs. 1,176.59 crore from anchor investors
Out of the total allocation of 4,32,57,009 equity shares to the anchor investors, 1,44,96,570 equity shares were allocated to 11 domestic mutual funds through a total of 23 schemes amounting to almost Rs 394.31 crore which is 33.51 per cent of the total anchor book...