The survey highlighted that 41 per cent of the respondents in last...
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TRAI convenes joint committee of regulators on issues of spam and cyber fraud
Key outcomes were urgent transition to 1600-Series for Commercial...
Deadly Flash Floods in Asia and U.S: Urgent need for early warnings
“Flash floods are not new, but their frequency and intensity are...
Lloyd’s of London leads insurers tightening Taiwan cover as conflict risks rise
“Availability of cover for Taiwan has got tighter,” said Crispin Hodges, head of trade and political risk with insurer Canopius, “We’ve been tightening up the wording to ensure that the policies reflect the underlying risk that we want to insure and there aren’t any...
Disclosure or disclaimer must for celebrities, influencers endorsing as health experts: Govt
''Celebrities, influencers and virtual influencers presenting themselves as health experts or medical practitioners, when sharing information, promoting products or services or making any health-related claims, must provide clear disclaimers, ensuring the audience...
Two wheeler sales in India decline 7.2 pc in July: SIAM
Commenting on sales data of July 2023, Vinod Aggarwal, President, SIAM said, “Though the Passenger Vehicle and Three-Wheeler segments are performing well, there has been a de-growth of Two-Wheelers in July 2023, compared to July 2022. Overall, we expect that the...
RBI holds rates steady but eyes food price spike; signals tighter policy
Shaktikanta Das,Governor,Reserve Bank of India "Liquidity plays a major role with regards to inflation – both in pushing up inflation and controlling inflation," RBI Governor Shaktikanta Das said, explaining the decision."While inflation has moderated, the job is...
US Finance firms’ return-to-office Crackdown could backfire: Deloitte
Across corporate America, employers are wrestling with the balance between in-person collaboration and flexibility. Financial firms that enforce strict return-to-office mandates could drive employees to leave, according to a study published Tuesday by accounting firm...
US business owners seek increased insurance protection amid mounting risks – study
“The devastation caused by natural disasters has heightened urgency for adequate protection,” CEO Patrick Gallagher told Reuters, adding that there is ongoing demand for insurance coverage to secure properties, homes and businesses from potential damages and losses...
Bermuda considers introducing corporate income tax
The Bermudan government said in a statement the proposal would end the island nation’s long-standing 0% corporate income tax and would apply to Bermudan units of multinational corporations with 750 million euros ($820 million) or more in annual revenue. The proposal,...
After attacking Ukraine wheat exports, Russia faces own shipping challenge
Insurance for ships heading to Russia’s Black Sea ports currently costs tens of thousands of dollars in additional premiums daily, the three sources said, with rates ticking higher following Russia’s attacks on Ukraine’s other waterways through the Danube in recent...
India succeeds in reducing emissions rate by 33% over 14 years – sources
Central Electricity Authority data shows that non-fossil fuel-based power - including hydro, nuclear and renewable energy - accounted for 25.3% of India's total power generation in the fiscal year that ended in March, up from 24.6% three years earlier. Thermal power...
Inflow in mutual fund SIPs at record high of Rs 15,245 cr in July
''The surge in retail investors' interest in mutual funds has translated into impressive inflow across scheme categories. The star performer this month has been SIP, with an impressive over 33 lakh new SIP accounts registered and a record Rs 15,215 crore of monthly...