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Contractual employees entitled to maternity leave: Orissa HC
Rejecting the state government’s contention that only regular women...
ICICI Prudential Pension Funds crosses Rs 50,000 crore AUM
Today, ICICI Prudential Pension Funds serves over 1.2 lakh NPS...
Equity investors become richer by Rs 3.43 lakh crore in two days of market rally
Infrastructure has been improving consistently, corporate balance sheet strength has improved, and the financial system is in a robust state to fund the potential growth. Despite the recent rally, fundamentals point to the possibility of strong earnings growth in the...
Delhi has become India’s electric vehicle capital: CM Arvind Kejriwal
We introduced the Electric Vehicle Policy in August 2020. Our target was that by 2025, at least 25 per cent of all the new vehicles bought in Delhi should be EVs. As of now, 13 per cent of all the new vehicles that are bought in Delhi are EVs. The national average at...
Top central bankers assert need for higher interest rates to tackle persistent inflation
The clear message was that rates would stay high until the inflation beast is subdued, according to a panel discussion with US Federal Reserve Chair Jerome Powell, European Central Bank President Christine Lagarde, Bank of England Gov. Andrew Bailey and Bank of Japan...
Some Dutch people seeking euthanasia cite autism or intellectual disabilities, researchers say
Between 2012 and 2021, nearly 60,000 people were killed at their own request, according to the Dutch government's euthanasia review committee Countries, including Belgium, Canada and Colombia, have legal euthanasia, but the Netherlands is the only one that shares...
Howden appoints Rowan Douglas as CEO, Climate Risk and Resilience
Rowan Douglas as CEO, Climate Risk & Resilience Howden’s climate and resilience capabilities will span physical risks, the risks associated with de-carbonisation, the wider risks stemming from the low carbon transition and growing legal liability risks faced by...
India produces 2.7 cr vehicles, valued at $108-bn in FY23: Report
In the total 2.7 lakh crore vehicles churned out last fiscal, the commercial vehicle segment, which includes small 4-wheel carrier with less than 2-ton capacity to large tractor trailers and specialty vehicles like tippers, share stood at 10-lakh vehicles Production...
Artificial Intelligence: An Existential Risk To Humanity
A group of scientists who were using AI to help discover new drugs ran an experiment where they tweaked their AI to search for harmful molecules instead They managed to generate 40,000 potentially poisonous agents in less than six hours, as reported in the Nature...
New rules aim to clamp down on corporate greenwashing
The norms published on Monday have been written by the International Sustainability Standards Board (ISSB) as trillions of dollars flow into investments that tout their environmental, social and governance credentials David Harris, head of sustainable finance...
Heat Wave: Rising fatalities just a foretaste of what is to come
McKinsey Global Institute estimates that the lost labor from work in areas exposed to extreme heat, such as construction and agriculture, could put at risk up to 4.5% of India’s GDP by 2030 “Many places that need to have local heat action plans do not have one,” said...
IRDAI set to implement 1st phase of ‘Risk Based Supervision’ pilots from July
With a view to promote a ‘Principle based Regulatory regime’, foster ease of doing business and encourage proactive risk identification and management, the IRDAI has been working towards developing and implementing (RBS)framework for insurance sector in India, said...