"India is getting rapidly urbanised. We should work towards...
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India becomes world’s fourth largest economy overtaking Japan: NITI Aayog CEO
"It is only US, China, Germany, which are larger than India and if...
Oil, cargo falls into sea off Kerala coast, public cautioned against it: Kerala govt
"There is a chance the cargo, including containers and oil, will...
Cost-of-living crisis biggest Global Risk: Davos Study
"The short-term risk landscape is dominated by energy, food, debt and disasters," said Saadia Zahidi, a managing director at WEF The cost-of-living crisis is the biggest global risk over the next two years, the World Economic Forum warned Wednesday in a survey...
Catastrophe bond yields soar as disasters abound and rates rise
The increasing threat of losses from disasters make issuing new cat bonds all the more important for the insurance industry, but it might be difficult to find enough investors.Margins on new issuances of catastrophe bonds covering US wind events are now at the highest...
Environmental, social credit risks to rise in 2023, Moody’s says
“The rapid crystallization of climate change-related risks have highlighted the need for rapid decarbonisation and scaling up of adaptation finance, bringing longer-term environmental risks into sharper relief,” Rebecca Karnovitz, vice president – senior credit...
Environment risks dominate in “polycrisis” world – WEF survey
The interplay between climate change impacts, biodiversity loss, food security and natural resource consumption is a dangerous cocktail,” said John Scott, head of Sustainability Risk at Zurich Insurance Group, which partnered on the report with risk strategy group...
WHO backs mask wearing on long flights as new Omicron variant spreads
Passengers should be advised to wear masks in high-risk settings such as long-haul flights, said the WHO's senior emergency officer for Europe, Catherine Smallwood, adding: "this should be a recommendation issued to passengers arriving from anywhere where there is...
Shortage of healthcare workers globally may rise to 10 mn by decade-end: WEF study
Launched in the run-up to the World Economic Forum (WEF) Annual Meeting 2023 in the Swiss ski resort town of Davos, the report said the rise in healthcare spending has fast-tracked progress in telehealth, vaccines and precision medicine, but businesses and...
Nurturing Talents: Compensation for Indian Workforce
Though western countries are embracing and adopting the concept of Total Rewards for retaining employees, a more nuanced approach is warranted when designing a compensation structure for the Indian workforce Shwetha Ram While the COVID-19 pandemic upended the...
Airlines in India to add 100 aircraft per year to fly 412 mn passengers
Civil Aviation Ministry officials said that there were about 400 aircraft in 2013 and in 2021-22, the number increased to 700. Airlines in India are going to add 15 per cent capacity or 100 to 110 aircraft per year and the aviation sector is looking at close to 1,200...
Health minister Mandaviya urges Odisha govt to implement Ayushman Bharat insurance scheme in state
Union Health Minister Mansukh Mandaviya The minister said "50 crore families have been given health security under the Ayushman Bharat - PMJAY scheme while affordable and quality medicines are being provided by more than 9,000 Jan Aushadhi Kendras across the country"...
Financial inclusion appears to be positively correlated with per capita income growth: IMF
IMF said, "For example, the launch of the Pradhan Mantri Jan Dhan Yojana programme in India in 2014, one of the world's largest financial inclusion initiatives to date, is one prominent example of India's national-level commitment to advancing financial inclusion."...