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India needs $22.7 trillion investment to achieve net zero target by 2070: Niti study
Of the total, approximately USD 8 trillion must be front-loaded by...
SC terms siphoning of over Rs 54,000 cr by digital fraud ‘dacoity’, asks Centre to frame SoP
Noting that such offences may be due to either collusion by or the...
Modi 3.0: Govt drops privatisation plans
Among other plans, the government intends to introduce succession planning in majority-owned companies alongside a proposal to train 230,000 managers across firms to prepare them for senior roles, the officials said. The government is likely to implement a plan that...
India’s population to peak in early 2060s to 1.7 billion before declining: UN
"The population of India, which is expected to remain the world's largest throughout the century, will likely decline by 12 per cent after reaching its peak in the early 2060s at about 1.7 billion," the UN report published by the United Nations Department of Economic...
Domestic PV wholesales up 3 pc at 3,37,757 units in June: SIAM
As per the data issued by Society of Indian Automobile Manufacturers (SIAM), two-wheeler wholesales rose 21 per cent to 16,14,154 units last month, as compared with 13,30,826 units in June 2023. New Delhi: Passenger vehicle wholesales in India rose 3 per cent...
Global reserve managers upbeat on growth but worry about politics
But 87% of the reserve managers surveyed flagged further escalation in geopolitical conflicts as the biggest threat to this benign outcome, and 41% said they are diversifying their investments more across regions and currencies fearing an escalation of tensions...
US insurers may take a hit of about $2.7 billion from damage caused by Hurricane Beryl
Triggered a record $44 million payout to the nation of Grenada from a regional catastrophe insurance fund Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe modeling company Karen Clark & Co (KCC)...
SC terms rising suicide cases as social issue, seeks Centre’s response on PIL
A bench comprising Chief Justice D Y Chandrachud and justices JB Pardiwala and Manoj Misra took note of the submissions of lawyer and petitioner Gaurav Kumar Bansal that effective steps are needed to deal with the rising number of suicide cases and asked the Centre to...
EU markets watchdog signals a hard line on new ESG disclosures
The European Securities and Markets Authority acknowledged that complying with the new European Sustainability Reporting Standards creates “challenges” for companies, and the first reports, due next year for the largest firms, will constitute a “milestone in the...
Flooding In Northern Bangladesh displaces 40,000 people
“Heavy rains in the Indian upstream region mean that the suffering is far from over. We have taken measures to cope with the situation,” said Rezwanul Rahman, the head of Bangladesh’s disaster management department. Flooding in Bangladesh has swept away homes and shut...
65 pc transactions now digital in small-town India, Gen X leads the charge
New Delhi: About 65 per cent of transactions by consumers in small-town India are now digital, while in larger cities this ratio was around 75 per cent, a new report showed on Tuesday. According to the report by Kearney India and Amazon Pay India, the digital payment...
Budget FY2024-25: Indian Insurance Industry’s Wish-list
The upcoming Budget 2024-25 is crucial for advancing insurance accessibility and inclusivity, in line with IRDAI's 'insurance for all by 2047' vision. Some of the important functionaries of the Indian industry put forward a few demands before union finance minister...