“Although recent sanctions are making it harder for these vessels...
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SBI Life Insurance Vidyaniti buy 4.25 pc unit-holding in NHIT for Rs 1100 cr
According to the block deal data available on the NSE, SBI Life...
No cause of worry infection severity mild ICMR DG amid uptick in Covid cases
"Whenever cases increase, we look at three things. It's dependent...
Budget Wishlist: Insurers expect for tax concessions to push industry’s growth
Scrapping or slashing of Goods and Services Tax (GST) on insurance premiums, making pension/annuity proceeds tax-free, and creating a separate category for tax deduction for premium paid are some of the budget wishlist of Indian insurers The industry players are also...
Inflow in gold ETFs drops 90 pc in 2022; asset base, investors account grow
''A rising price (of gold) probably puts some pressure on investors, with a lot of people holding back their investments while they wait for a correction. A rising interest rate structure coupled with inflationary pressures that the economy has been witnessing for...
FPIs pull out Rs 15,236 cr from equities in Jan as China reopens
Foreign investors pulled out a net amount of Rs 15,236 crore this month so far on attractive Chinese markets and concerns about the US economy entering a recession. However, foreign portfolio investors (FPIs) have turned buyers in the last four trading sessions. The...
China’s National Bureau of Statistics refuses to reveal number of deaths occurred in December, 2022: Report
The National Bureau of Statistics reported a total of 10.41 million deaths in 2022, averaging 867,500 deaths per month. The announced 59,938 COVID-19-related deaths over a month, showcased 7 per cent of 2022's monthly average deaths, which is in no way consistent with...
343 infrastructure projects show cost overruns of Rs 4.5 lakh crore
Reasons for time overruns as reported by various project implementing agencies include delay in land acquisition, delay in obtaining forest and environment clearances, and lack of infrastructure support and linkages New Delhi: As many as 343 infrastructure projects,...
Study finds orienteering can train brain, help to fight cognitive decline
"Modern life may lack the specific cognitive and physical challenges the brain needs to thrive.n the absence of active navigation, we risk losing that neural architecture." says Jennifer Heisz, Canada Research Chair in Brain Health and Aging at McMaster University,...
EPFO adds 16.26 lakh net subscribers in November, 2022
Among the new members, the highest enrolment is registered in the age-group of 18-21 years with 2.77 lakh members, followed by age-group of 22-25 years with 2.32 lakh members. The age group of 18-25 years constitutes 56.60 per cent of the total of new members during...
Joshimath crisis: Badrinath National Highway develops cracks
Significantly, the number of structures that have developed cracks in the holy city has increased to 863 In view of the cracks, along with the obstruction of the road to Badrinath Dham, the contact of the Indian Army with the China border may also be cut off...
Govt vehicles older than 15 yrs to be scrapped, says road transport ministry
Under the new policy which is effective from April 1, 2022, the Centre has said states and Union Territories will provide up to 25 per cent tax rebate on road tax for vehicles that are purchased after scrapping old vehicles. New Delhi: From April 1, all vehicles owned...
Claims and reinsurance costs impacting on Indian insurers’ profitability
"India's privately-owned insurers, where foreign shareholdings are concentrated, have cut their exposure to high risk assets and have been early adopters of actuarial-led reserve management and risk-based capital management. This has and will continue to help private...