Investors in Asia are now considering putting a portion of...
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Rise of autonomous vehicles to impact $400 billion US auto-insurance industry, says Goldman Sachs
“Autonomy has the potential to significantly reduce accident...
Hindu Kush Himalayas at greater risk Of landslides, floods this monsoon: Report
While the monsoon is crucial for refilling these rivers, the danger...
OECD to consider tweaking global tax rules to cover “workcations” and cross-border remote employment
National tax authorities and the Organization for Economic Cooperation & Development are grappling with those questions as the remote-working revolution blurs the lines between work, residency and time off The result could be tighter and clearer rules on how long...
Small oil tankers emerge to help Russia beat sanctions
The cost to use fuel tankers has skyrocketed since the EU ban, as ships enter the dark fleet and become unavailable — and uninsured by European maritime service providers — for regular trade routes, such as moving gasoline from Europe to New York. First, a small...
DDMA discusses preparedness for earthquake, prevailing H3N2 Flu situation
The Delhi Lt. Governor asked for retrofitting of all schools, hospitals, police stations, other critical government offices and vulnerable buildings especially in the 'Special Area' and old Delhi localities, according to the Earthquake Resilient Building Code. New...
Bank turmoil poses a $600 billion question for battered investors
Bank investors have largely been selling first and leaving that question for later. Around $600 billion dollars of market value has evaporated from the 70 biggest US and European banks since March 6, a period that’s seen the collapse of Silicon Valley Bank, Credit...
Sebi makes stringent disclosure norms for FPIs
''In case of any direct or indirect change in structure or common ownership or control of the foreign portfolio investor or investor group, it shall, as soon as possible but not later than seven working days, bring the same to the notice of its designated depository...
Credit Suisse sued by US shareholders over finances, controls
The proposed class action accuses Credit Suisse of deceiving investors by failing to disclose that it was suffering from "significant" customer outflows, and that it had material weaknesses in its internal controls over financial reporting. US shareholders of Credit...
Cardiovascular treatment either free or highly subsidised in government hospitals across country: Govt in RS
Minister of State for Health Bharati Pravin Pawar Minister of State for Health Bharati Pravin Pawar said that the prevalence of risk factors associated with NCDs among 18-69 years is 32.8 per cent due to current daily tobacco, 15.9 per cent due to current alcohol use,...
Google’s ‘castle and moat’ strategy is data hegemony: CCI tells NCLAT
On Thursday, Venkataraman submitted that Google had used its money-spinning search engine as the 'castle' and the rest of the other apps to play the defensive role of 'moat' This 'castle and moat' strategy is data hegemony, which means a big market player tends to get...
U.S. insurers’ direct exposures to bank failures modest; Liability profiles support stability, says Fitch
Fitch's sector outlooks for U.S. Life and U.S. P&C are ‘neutral’ Insurers’ investments to the failed banks (Silicon Valley Bank, Silvergate and Signature Bank) are modest. Fitch-rated insurance entities’ direct investment exposure to the failed banks (comprising...
UK abolishes tax threshold on pension allowance to encourage people to work longer
Hunt said in his annual budget that he would scrap the so-called lifetime allowance, which had meant that people faced a 25% levy if they saved around 1.1 million pounds ($1.33 million)in their pension pots The capped amount of money that can put in their pensions in...