Pralhad Joshi, Union Minister for Consumer Affairs After extensive...
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Government to unveil Bharat Forecasting System on Monday
"We will now be able to issue more localised and accurate weather...
Trade disruption and economic shocks push up political risk cover by 30% globally, says Howden report
Matthew Strong, Deputy CEO, Howden CAP and Head of Credit and...
Hannover Re partners with Stone Ridge in first cyber risks transfer to the capital markets
"For the first time, we were able to transfer cyber risks to the capital markets, and on a substantial scale, through a proportional reinsurance solution. This underscores our lead role as a bridge builder between the capital markets and the insurance industry," said...
Health records of over 10 crore linked digitally to Ayushman Bharat Health Account
With their health records linked to their ABHA accounts digitally, citizens will be able to access and manage these records as per their convenience. It will enables citizens to create a comprehensive medical history across various healthcare providers thereby...
Inflation may be past peak but cost of living crisis far from over Experts
Giving the perspective from business, Unilever CEO Alan Jope said the "fragmentation of supply chains is frankly another inflationary pressure in this economy" and warned more generally of the dangers of inequality Davos: Inflation is likely to have reached its peak...
India’s population may have already overtaken China’s, analysts
India's population stood at 1.417 billion as of end 2022, according to estimates from the World Population Review, an independent organization focused on census and demographics.That’s a little over 5 million more than the 1.412 billion reported by China Tuesday when...
Budget-2023-24:Centre may plan rate changes in new income tax structure
While the new optional income tax scheme - announced in 2020 to make tax compliance simpler - offers lower headline taxation rates on annual income, experts say it is unattractive to many as it does not allow exemptions on housing rentals and insurance among other...
Green Bonds purchase by insurers to be treated as infrastructure investments: IRDAI
The regulator, in a circular dated Jan. 13, said the move was made with the objective of "de-concentration and diversification" of insurers' infrastructure portfolios as well as "from the perspective of participation in environmental, social and governance (ESG)...
China’s GDP sinks to three per cent in 2022, second lowest in 50 years
Significantly this year, China's GDP in terms of dollars declined from USD 18 trillion in 2021 to USD 17.94 trillion last year mainly due to a sharp rise of the dollar against RMB (the Chinese currency) in 2022 The slow pace was blamed mainly on the strictly...
China’s population shrinks for the first time since 1961
The country had 1.41175 billion people at at the end of 2022, compared with 1.41260 billion a year earlier, China's National Bureau of Statistics said Men also continued to outnumber women by 722.06 million to 689.69 million, the bureau said, a result of the strict...
Economic slowdown will leave workers poor and unemployed, says UN
As prices rise faster than incomes, the cost-of-living crisis risks pushing more people into poverty, the UN's International Labour Organization said, while unemployment around the world is set to rise Global unemployment is projected to reach 208 million people this...
Globally, wildfires cost $50 bn every year; AI can help fight them: WEF
World Economic Forum said that global wildfires in 2021 released an estimated 6,450 mega tonnes of CO2 into the atmosphere Sensors with in-built AI can collect acoustic information or operate as smoke detectors in forests and alert authorities within the first hour of...