Chief Executive Officer Andreas Berger said he doesn’t see the...
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Australia’s financial regulator sues Mercer over customer disclosures
The lawsuit comes after an Australian Securities and Investments...
After 18 yrs S&P upgrades India’s sovereign rating on economic resilience, infra spending, inflation control
"India is prioritising fiscal consolidation, demonstrating the...
RBI retains repo rate; GDP growth at 6.5%, inflation at 5.4%
Shaktikanta Das,Governor,RBI Das said taking into account the economic factors the MPC has predicted GDP growth at 6.5 per cent in FY24 As regards the inflation rate, the MPC forecast was 5.4 per cent for 2023-24 taking into account the various domestic issues...
Pharma majors face disruptions in ops due to Sikkim flash floods
No major disruption is expected in supply chain as the manufacturing of the products has been diverted to other plants, Mankind Pharma New Delhi: Mankind Pharma Ltd on Thursday said operations at its manufacturing facility in South Sikkim have been disrupted due to...
The six weeks following flooding event critical for public health monitoring, new decadal study suggests
These flood-and-death associations varied with local climate types and were stronger in populations with low socioeconomic status or greater numbers of older people, said lead researcher Yuming Guo from the university's School of Public Health and Preventive Medicine,...
South Asia’s all-female health workers fight for recognition
Indian Prime Minister Narendra Modi lauded ASHA workers - who are behind a series of high-profile health campaigns, including India’s COVID-19 response and vaccination drive - last year after the World Health Organization gave them an award for their “outstanding...
With mobile handheld devices, SBI takes banking to doorsteps
Bank also plans to include services such as enrolments under social security schemes, account opening, remittance and card-based services under this facility shortly State Bank of India on Wednesday introduced banking through mobile handheld devices for its customers...
RBI brings 30 banks on UDGAM portal to help search for unclaimed deposits
The UDGAM portal has been developed by RBI for use by members of the public to facilitate and make it easier for them to search their unclaimed deposits across multiple banks at one place Mumbai: The Reserve Bank of India (RBI) has brought 30 banks on board its...
India becomes 4th-highest funded fintech startup ecosystem globally
The sector witnessed significant growth in specific segments with alternative lending, banking tech and RegTech emerging as top performers in the first half this year Bengaluru: India’s fintech sector saw a 68 per cent surge in funding in the July-September period...
Climate change damage to infrastructure poses ‘huge’ financial risks
Disasters are causing average losses of $732 billion-$845 billion each year to infrastructure and buildings, equal to 14% of growth in global gross domestic product in 2022, estimated the Coalition for Disaster Resilient Infrastructure (CDRI) Climate-fuelled disasters...
Treasury’s Yellen says US overdependent on China for critical supply chains
U.S. Treasury Secretary Janet Yellen The U.S. would face national security concerns without a robust semiconductor sector of its own, she said, adding that last year's Chips and Science Act will help reverse that trend. U.S. Treasury Secretary Janet Yellen said on...
In Singapore, a certificate to own a car now costs $106,000
Singapore has a 10-year "certificate of entitlement" (COE) system, introduced in 1990, to control the number of vehicles in the small country, which is home to 5.9 million people and can be driven across in less than an hour To own a car in Singapore, a buyer must bid...