“Rising cost of medical treatment is a cause of concern for a vast...
Category:
Eco/Invest/Demography
Latest
Fraudsters use customer’s mobile phone to hack Himachal co-op bank server steal Rs 11 cr
The fraudsters allegedly hacked the server through a mobile phone...
Swiss Re profit rose 18 % to $1.3 billion in Q1 despite California wildfires
The result “gives us confidence in our 2025 targets despite a...
ADB trims economic growth forecast for developing Asia, equity investors remain bullish
Monetary policy tightening by central banks globally and in the region, the protracted Russian invasion of Ukraine, and recurring lockdowns in the People's Republic of China (PRC) are slowing down developing Asia's recovery from the Covid-19 pandemic, ADB said....
Russian insurer Ingosstrakh says no plans to cover new sanctioned clients
“We are not willing and will not provide short-term P&I (Protection and Indemnity) coverage for vessels caught up by the new Turkish regulations at the mouth of the Bosphorus,” Ingosstrakh said Russian insurer Ingosstrakh said on Monday it has no plans to offer...
India is largest ‘connected’ nation with 800 million broadband users: Chandrasekhar
``5G and the largest rural broadband connectivity network project at BharatNet will have 1.2 billion Indian users constituting the single largest presence of the global internet. He further said that we also expect further technological innovations as well as updated...
BSE adds 1 crore investors in 148 days to reach 12 crore-mark
In terms of states, Maharashtra leads in terms of investors with a share of 20 per cent of the total 12 crore investors. This was followed by Gujarat at 10 per cent, Uttar Pradesh at 9 per cent and Rajasthan and Tamil Nadu at 6 per cent each Leading stock exchange BSE...
Small islands seek UN sea court’s opinion on climate change
Small island states are among the most vulnerable nations to climate change Specifically, the commission — backed by the Caribbean nation of Antigua and Barbuda and the Pacific island country of Tuvalu — wants the UN court to outline what obligations parties to the...
Key risk trends in 2023:Potential Recession, Cyber and ESG
Plunging growth rates, surging inflation, the energy crisis, continuing stock market volatility and ongoing supply chain issues are monitored closely by D&O underwriters as they could cause liquidity and profitability squeezes in many sectors and fuel rising...
UK plans to repeal EU-era Solvency II rules to allow insurers to invest in UK infrastructure
The changes are a far cry from the dramatic reforms in the 1980s that made London a global financial center and the far-reaching changes mooted when Liz Truss was prime minister London: The UK set out a package of financial services reforms that cuts across dozens of...
Hong Kong billionaire Richard Li weighing investing $200 million in FWD Group Holdings
An investment would help support the insurer’s growth plans ahead of a long-awaited Hong Kong initial public offering, which could take place as soon as 2023, the people said. Other investors have also shown early interest in a fundraising for FWD ahead of its...
No proposal for restoration of old pension scheme Karad
"The state governments of Rajasthan, Chhattisgarh, and Jharkhand, have sent proposals to the central government/PFRDA to return the accumulated corpus of subscribers under NPS to respective state governments. No such proposal has been received from the state...
RBI shortlists 7 global consultancy firms to use AI, ML to improve regulatory supervision
On the data collection side, AI and ML technologies are used for real-time data reporting, effective data management and dissemination For data analytics, these are being used for monitoring supervised firm-specific risks, including liquidity risks, market risks,...