CCPA has also issued notices to e-commerce platforms in some cases...
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Cryptocurrencies hamper financial stability: RBI
In absence of any regulation, cryptocurrency is not yet illegal in...
India needs a strong and responsive disaster financing architecture as a cornerstone of resilience: Indian PM’s advisor
PK Mishra, Principal Secretary to the Prime Minister had addressed...
Investors’ wealth climbs Rs 3.43 lakh crore on market rally
''The sentiment was further lightened as FIIs turned in strong buyers,'' Vinod Nair, Head of Research at Geojit Financial Services,'' said Vinod Nair, Head of Research at Geojit Financial Services Foreign Portfolio Investors (FPIs) bought shares worth Rs 12,770.81...
IRDAI now extends ‘Use & File’ procedure to Miscellaneous products with a sum assured up to 5 cr
With this move, all general insurance products, are now permitted to be filed under ‘Use and File’ procedure and can be launched without any prior approval. This will provide the vital fillip to the general insurance companies for a broad-based approach in designing...
World Bank commits $1 bn to India for public healthcare infra
Through this combined financing of USD 1 billion (about Rs 8,200 crore), the bank will support India’s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), launched in October 2021, to improve the public healthcare infrastructure across...
Childhood obesity in India likely to rise 9.1% annually by 2035: Report
The reasons for increased obesity prevalence include rising trends in dietary preferences towards more highly processed foods, greater levels of sedentary behaviour, weaker policies to control the food supply and food marketing, and less well resourced healthcare...
Social sector spending by rich drops despite increase in wealth: Report
Going forward, the private philanthropic giving in India is estimated to grow at 11 per cent per annum and reach 1.86 lakh crore in FY27, the report said In the last five years, total social sector expenditure in India has seen an annual growth of 15 per cent per...
53 pc Indians likely to buy art, watches, luxury handbags in 2023; art tops in passion investment: Report
Among the ten passion investments, Knight Frank said art was the top performer with a return of 29 per cent in a 12-month period ending December 2022. More than half of ultra-high net worth individuals (UHNWIs) in India are likely to purchase art along with watches...
Third of callers to national helpline reported anxiety, depression, suicidal thoughts: Survey
''One-third of people who reached out to us told us that they struggled with mental illness, anxiety, depression, and suicidal thoughts. Suicide killed more people in India than murders and coronavirus in 2022,'' said philanthropist Priya Hiranandani-Vandrevala, who...
Global energy-related CO2 emissions edged up to record high in 2022 – IEA
"We still see emissions growing from fossil fuels, hindering efforts to meet the world’s climate targets," IEA Executive Director Fatih Birol said in a release alongside the report. LONDON: Global energy-related emissions of carbon dioxide hit a record high last year,...
Gender-equal boards out of reach until 2038, says MSCI
In 2022, women held less than a quarter, or 24.5%, of director seats across the global index versus the 22.6% held in 2021, MSCI said. In addition, women held CEO positions in only 163 of the 2,811 companies. Gender inequality in boardrooms will not be eliminated...
Salaries in India to increase by 10% in 2023,highest in APAC :WTW study
Rajul Mathur, Consulting Leader, Work and Rewards, WTW India said, “ With a projected attrition rate as high as 24% for key talent segments, organisations need to look beyond pay increases and consider adjustments in their benefits, employee experience strategy,...