The Japanese general insurance market is projected to grow from...
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Embeded Resilience: Banks need to manage climate, cyber and geo-political risks, says BCG Report
C S Setty, chairman, State Bank of India, said, “India’s Digital...
Atal Pension Yojana crosses 8.11 crore enrollments with over Rs 48,000 crore AUM
It is rapidly gaining popularity amongst female population and...
Net zero goal calls for USD 5 trillion in annual green investments: IMF
Of the 50 per cent cut to emissions needed by 2030 to stay on track for the 1.5-degree target, more than 80 per cent can be achieved from technologies available today. Getting to net zero by 2050 will, however, require technologies that are still under development or...
Health experts decry New Zealand’s scrapping of world-first tobacco ban
The package of measures would have seen bans on selling tobacco to anyone born after Jan. 1, 2009, reduced the amount of nicotine allowed in smoked tobacco products and cut the number of retailers able to sell tobacco by over 90%. They marked some of the toughest...
Sitharaman to address global reinsurance meet in Mumbai on Thursday, to promote India as a global reinsurance hub
The power packed event will be addressed by Vivek Joshi, secretary, Department of Financial Services, Debasish Panda, chairman, IRDAI, K. Rajaraman, chairperson, IFSCA, Hasmukh Adhia, chairman, GIFT City, Siddhartha Mohanty, chairman, Life Insurance Corporation New...
Spiraling climate costs make insurance unaffordable for some Australians
Over a million households now face home insurance affordability stress, As a growing number of people dump or scale back their insurance, a “protection gap” is emerging, said Andrew Hall, head of the Insurance Council of Australia Increasing numbers of Australians are...
LIC keen to keep part of its stake in IDBI Bank to reap benefit of bancassurance
''We have made it clear that IDBI Bank is our number one partner in bancassurance. We will retain the some stake in IDBI Bank so that the bancassurance partnership continues,'' LIC Chairman Siddhartha Mohanty said Mumbai: State-owned LIC, promoter of IDBI Bank, has...
S&P ups India’s FY’24 growth forecast to 6.4 pc on robust domestic momentum
The US-based rating agency, however, has cut growth estimates for the next fiscal (2024-25) to 6.4 per cent, as it expects growth to slow in the second half (October-March) of the current fiscal, on higher base impact and subdued global growth New Delhi: S&P...
Gujarat: 24 people killed in lightning strikes amid unseasonal rainfall
At least 24 people have died so far in unseasonal rainfall that hit several parts of Gujarat over the weekend, which has also claimed the lives of 71 animals, an official from the State Emergency Operation Centre (SEOC) said on Monday. According to information, one...
Climate change events may soon start affecting your brain functioning: Study
In the new study, teams from the universities of Geneva, New York, Chicago, Washington, Stanford, Exeter in the UK and the Max Planck Institute in Berlin, said that climate change events may change brain structure, function, and overall health, while calling for more...
Sebi plans to introduce same day trade settlement by March 2024
Madhabi Puri Buch ,Chairperson,Sebi Amid concerns in some quarters over the exorbitant valuation of certain initial public offerings, Sebi Chairperson Madhabi Puri Buch has said the regulator would certainly look into the matter if disclosures on the valuation are...
China ministry seeks more fever clinics to combat respiratory illness surge
The spike become a global issue last week when the World Health Organization asked China for more information, citing a report on clusters of undiagnosed pneumonia in children by the Program for Monitoring Emerging Diseases Beijing: A surge in respiratory illnesses...