Official sources have maintained that most cases are mild and...
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RBI focuses on growth with larger-than-expected 50 bps cut in key rate; slashes reserve ratio
Sanjay Malhotra,Governor,Reserve Bank of India Explaining Friday's...
Central Bank ventures into insurance, buys stakes in Generali’s Indian life and general insurance JVs
Central bank acquired acquired equity stake of 24.91 per cent of...
Adani-Hindenburg: SC orders setting up of panel headed by ex-judge Sapre to probe recent share crash
The Supreme Court on Thursday ordered setting up of a six-member committee headed by former apex court judge Justice A M Sapre to investigate the recent Adani Group shares crash triggered by the Hindenburg Research’s fraud allegations and other regulatory aspects...
Close gender gap to increase global economic activity by $7 trn: Moody’s
While shifting social norms is a lengthy and complex process, policies such as enforcing flexible working conditions and providing affordable childcare as well as paid maternity and paternity leave help to drive change in the right direction. Closing the gender gaps...
Visa and Mastercard slow down on plans to forge new partnerships with crypto firms
The crypto industry saw a stunning reversal of fortunes in 2022 as bankruptcies of industry majors FTX and BlockFi rattled investors and increased regulatory scrutiny on the sector “Recent high-profile failures in the crypto sector are an important reminder that we...
Too early to forecast the impact of El Nino conditions on the monsoon season: IMD
Below-normal rainfall was expected over most areas of northwest India, west-central India and some parts of east and northeast India. Normal to above-normal rainfall is likely over most parts of peninsular India, east-central India and some isolated pockets of...
Record high temperatures in Feb may lead to more rate hikes from RBI, says India Ratings
The high temperatures will impact the wheat production, the rating agency said, adding that the surge in wheat prices contributed to over a tenth of the retail inflation in December and January, which is way above their weight in the basket Earlier in the day, the Met...
India to get heat waves this year after hottest February on record, to implement “heat-related health action plans
Average maximum temperature in February was 29.54 degrees Celsius, the highest since 1901, when the IMD started keeping weather records. The country received 68% lower rainfall than the normal in February, the weather office said. "Temperatures have already touched...
Dip in manufacturing pulls down Q3 growth to 4.4pc, economy to grow at 7pc in FY23: Govt data
Gross savings during 2021-22 are estimated at Rs 70.77 lakh crore against Rs 57.17 lakh crore during 2020-21, it stated The rate of Gross Saving to GNDI (Gross National Disposable Income) for 2021-22 is estimated at 30.0 per cent as against 28.4 per cent for 2020-21,...
Expected rise in strikes, riots and protests to test business resilience: Allianz
The heightened SRCC risk environment means businesses need to remain vigilant about the different threats such activity can pose. In addition to buildings or assets suffering costly material damage, operations can be severely disrupted, resulting in significant loss...
Reproductive factors in women contribute to risk of cardiovascular disease: Research
Dr Fu Siong Ng, senior author for the study said "This study shows a clear link between reproductive factors and cardiovascular disease. This doesn't mean that women should worry if they've had their period at a young age, or if they had an early first birth. Our...
India likely to miss 2030 deadline for over half of health SDGs: Lancet study
An international team of researchers found that over 75 per cent Indian districts are off target for crucial SDG indicators like access to basic services, poverty, stunting and wasting of children, anaemia, child marriage, partner violence, tobacco use, and modern...