Banking remains one of the most guarded sectors of the Indian...
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IATA has no concerns with India’s aviation safety and infrastructure readiness
Nick Careen, Senior Vice President,IATA "Specific to the Indian...
Northeast flood situation critical toll rises to 36 over 5.5 lakh affected
In Assam, more than 5.35 lakh people were affected by the deluge in...
Sebi proposes to introduce 5 new categories under ESG funds
''AMCs should endeavour to have a higher proportion of the assets under the ESG theme and make suitable disclosures,'' the Securities and Exchange Board of India (Sebi) said in its consultation paper issued on Monday. Mumbai: Capital markets regulator Sebi has...
Past Covid infection provided substantial protection against reinfection: Lancet study
''Vaccination is the safest way to acquire immunity, whereas acquiring natural immunity must be weighed against the risks of severe illness and death associated with the initial infection,” said lead author Stephen Lim from the Institute for Health Metrics and...
Colorectal cancer on rise in India, experts stress on early preventive screening
Studies suggest that a sedentary lifestyle and faulty food habits are making this variant of cancer common, even among the young, Dr M D Ray, Professor at the department of Surgical Oncology at AIIMS, Delhi said Over the last five years, the disease has doubled to...
India remains ‘bright spot’, to contribute 15% of global growth in 2023: IMF MD
Kristalina Georgieva,managing director,International Monetary Fund ''India's performance has been quite impressive. For this year, we expect India to retain a high growth rate, 6.8 per cent for the year that ends in March. For FY 2023/24 (April 2023 to March 2024) we...
World Day of Social Justice: Deeper dialogue across ‘real economy’ can drive progress
Poverty and inequalities within and among countries are on the rise in many parts of the world. Inequality remains very high, with annual gross domestic product per capita ranging from about $600 at purchasing power parity in the poorest country to more than $115,000...
Indians spend over $1 bn every month on foreign travel: RBI data
Akash Dahiya, Co-founder, SanKash said that with the rise of affordable travel and technological advancements, the travel industry is experiencing a massive boom in international destinations . Vietnam, Thailand, Europe, and Bali are some major destinations that...
More insurance players, wider range of products key to achieve insurance for all goal by 2047:Irdai chief
Debasish Panda,chairman, IRDAI ''We're a diverse nation of 1.4 billion people. We can't have a one-size-fits-all approach, instead we need more unique products that can meet the insurance needs of both the super rich as well as the very poor. And such unique products...
Climate Risks: Indian Insurers should focus on green premiums and provide eco-friendly advice to industry, experts
(Lto R) G. Srinivasan, Director of the National Insurance Academy,,Satyajit Tripathy, CMD, United India Insurance Company,Saurabh Mishra, Joint Secretary Department of financial services, Devesh Srivastava, CMD GIC Re,Hadi Riachi, CEO of Swiss Re India Devesh...
ESG markets investors wake up to a new risk of financing arrangements across Adani Group conglomerate
Norway’s largest pension fund, KLP, recently dumped its entire holding of shares in Adani Green Energy Ltd., the renewables part of the empire, amid concerns that it might inadvertently have helped finance some of the world’s most polluting activities via the stake. A...
Indian ESG-focused firms performed better than global peers: RBI
The findings suggested that the companies which have managed and disclosed their ESG related risks better are associated with higher stock prices compared to a larger set of listed companies which do not have such disclosures India ranks ahead of all the countries...