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Geopolitical volatility surges into top 10 business risks for the first time, Aon study
"The dramatic rise of trade and geopolitical risk highlights a new...
RBI holds rates to assess policy impact, projects higher GDP
Sanjay Malhotra, governor, Reserve Bank of India The central bank...
Arbitrators’ independence impartiality critical to arbitration process CJI
D Y Chandrachud,Chief Justice of India Justice Chandrachud noted that over 90 per cent of international commercial contracts contain arbitration agreements and this unparalleled growth is rooted in its ability to create a neutral forum that all parties involved are...
Indian economy’s GDP growth in FY 24 could be “very close”: RBI governor Das
He reiterated that the RBI's monetary policy committee remained focused on bringing inflation down to its target of 4% and, despite prices being on a clear downward trajectory, major uncertainties such as geopolitical and weather risks remained Mumbai: The Indian...
India to grow at 6.8 pc in FY’25, to become upper middle-income country by 2031
"A projected average expansion of 6.7 per cent in this period will make India the third-largest economy in the world and lift per capita income to the upper-middle income category by 2031," Crisil said.India, with a GDP size of USD 3.6 trillion, is currently the fifth...
Number of farmers under PM’s crop insurance scheme rises by 27 pc in 2023-24: Govt
During this period, a total amount of nearly Rs 31,139 crore was paid by farmers as their share of premium against which claims of over Rs 1,55,977 crore have been paid to them. Thus, for every Rs100 of premium paid by farmers, they have received about Rs 500 as...
India needs investments in geriatric care:Smriti Irani
Smriti Irani, Union Minister Women and Child Development ''The issue is: are we preparing for that reality from an economic and socio-economic perspective?'' She wondered if we have mapped the need for investments in geriatric care, stating that even though we may be...
Jeff Bezos overtakes Elon Musk as world’s richest person
Jeff Bezos, executive chairman, Amazon Elon Musk’s net worth is down $31.3 billion in the last year while Bezos net worth is up $23.4 billion New Delhi: Amazon founder Jeff Bezos has overtaken Tesla and SpaceX CEO, Elon Musk, as the richest person in the world, as per...
EAC-PM pitches for mandating EV sales by all automobile manufacturers
As per the EAC-PM, the number of EVs as a percentage of total vehicles in the country stood at 0.21 per cent, while EV four-wheelers as a percentage of the total four-wheelers amounted to only 0.08 per cent New Delhi: The Economic Advisory Council to the PM (EAC-PM)...
Volkswagen faces lawsuits in Germany over Porsche EV battery triggering fire in cargo ship
The case was brought by half a dozen plaintiffs, including Mitsui OSK Lines Ltd., the ship’s operator, and Allianz SE, one of the insurers of the vessel, according to a spokesman for the tribunal. The plaintiffs claim that the fire originated from the lithium-ion...
Lloyd’s of London hits 35% female leadership target, says it has ‘way to go’
Lloyd’s, which employs around 57,000 people in insurance and broking firms and is aiming for gender parity by 2030, said women now made up more than 43% of the 57,000-strong workforce and that 46% of new hires were women in 2023 London: Lloyd’s of London has hit a...
Physician group asks US to make funds available to doctors hurt by Change hack
“Hospitals, pharmacies, and healthcare providers are facing an immediate – and rapidly intensifying – adverse impact on their cash flow and, ultimately, on their financial solvency,” Schumer wrote to CMS Administrator Chiquita Brooks-LaSure Influential U.S. doctors’...