Top 10 Indian brands post strong double-digit growth led by Tata,...
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Clean energy assets face climate risks, Zurich Insurance Says
Roughly 46% of Europe’s total renewable generation capacity will be...
India enters top 100 in global SDG rankings for first time
The report's authors flagged that SDG progress has stalled at the...
Vaping ban violations: Centre issues public notice for stricter implementation of Act
Binoy Mathew, Manager, Voluntary Health Association of India, said, "Despite a ban on electronic cigarettes by the government of India in 2019, they are easily available in tobacco shops and online and are sold to children below 18 years of age". New DelhI: With...
Next wave of life expectancy gains is on the horizon, says Swiss Re report
Life expectancy improvements typically come in waves following major medical breakthroughs or large-scale social trends, such as smoking cessation. In the twentieth century, pharmaceutical innovations which lowered blood pressure and cholesterol triggered a steep...
Panama Canal imposes shipping restrictions to cope with worsening drought
The largest vessels will have to reduce their drafts — how low they sit in the water — by carrying less or cutting the weight of their cargoes as of May 24, followed by another decrease that kicks in on May 29. Some major ocean carriers have also announced new fees...
Canopius launches first digital asset custody product on Lloyd’s Asia platform
Canopius can offer an individual line size of up to $130mn for eligible custody solutions, and the product provides coverage traditionally only available in the Crime and Specie markets separately The product will be available to financial institutions and covers a...
ANALYSIS-Regulators dust off rule books to tackle generative AI like ChatGPT
Regulators aim to apply existing rules covering everything from copyright and data privacy to two key issues: the data fed into models and the content they produce, according to six regulators and experts in the United States and Europe As the race to develop more...
RBI may extend Sept 30 deadline for exchanging Rs 2000 currency notes, ID and form not needed to exchange
On why there was a deadline for exchanging these notes when they are going to continue as legal tender, Shaktikant Das, governor, RBI said that unless a particular time is stipulated, the process won't reach finality as people won't take it seriously. Otherwise it...
India has worked on availability, accessibility and affordability of healthcare: PM Modi
Narendra Modi,Prime Minister Be it the world’s biggest health insurance scheme – Ayushman Bharat, or the massive ramping up of health infrastructure, or the drive to provide sanitation and drinking water to millions of families, many of India’s efforts are aimed at...
Public sector banks’ total profit crosses Rs 1 lakh crore-mark in FY23
From posting a total net loss of Rs 85,390 crore in 2017-18, the Public Sector Banks (PSBs) have come a long way as their profit touched Rs 1,04,649 crore in 2022-23, according to an analysis of their financial results NEW DELHI: Public sector banks' cumulative profit...
EPFO adds 13.4 lakh members in March, 1.39 cr in 2022-23
Among the newly joined members, the highest enrolment is registered in the age group of 18-21 years with 2.35 lakh members, followed by the age group of 22-25 years with 1.94 lakh members.The age-groups of 18-25 years constitute 56.60 per cent of total new members...
FPIs bring in Rs 30,945 cr in May on strong economic fundamentals
With this, net inflows by Foreign Portfolio Investors (FPIs) reached Rs 16,365 crore in 2023 so far, data available with the depositories showed Foreign investors have put in Rs 30,945 crore in the Indian equities in May so far, driven by strong macroeconomic...