Fed Chair Jerome Powell "Uncertainty about the economic outlook has...
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Finmin invites suggestions on draft climate finance taxonomy
India's climate finance taxonomy will facilitate greater resource...
Banks tighten cyber security network to ward off any threat
"We have strengthened the cyber security mechanism… we have created...
Govt amends Aadhaar rules; supporting documents may be updated ‘at least once’ in 10 years
“Aadhaar number holders may, on completion of every 10 years from the date of enrolment for Aadhaar, update their supporting documents in Aadhaar, at least once, by submitting Proof of Identity (POI) and Proof of Address (POA) documents…so as to ensure continued...
Another earthquake hits Nepal
No loss of lives were reported so far. Wednesday's earthquake occurred at 2:12 am with its epicentre at Khaptad National Park in the Doti district of the quake-prone Himalayan nation, damaging scores of houses and sparking panic among the people who were sleeping...
African insurers take up climate change fight with $14 bln pledge
The newly created African Climate Risk Facility(ACRF) will provide protection for 1.4 billion people against floods, droughts and tropical cyclones by providing $14 billion of climate risk insurance by 2030 to African sovereigns, cities, humanitarian organizations and...
COP27: Regulators plan closer scrutiny of carbon markets
The International Organization of Securities Commissions (IOSCO), which groups securities regulators from across the world, made recommendations to improve ‘compliance’ carbon markets, and asked whether regulators should be more involved in ‘voluntary’ carbon...
Explainer: COP27: How climate change impacts countries around the world
Countries with territory in the Himalayan mountains or its foothills, including China, India, Nepal and Pakistan, could face sudden flooding events, the report said. As the ice melts, water can pool behind rocky ridges to form lakes. And when those rocks give way,...
COP27 UN conference- GFIA calls for collective action to prevent loss of life and reduce economic losses
Serving policyholders at all the milestones in their lives, (re)insurers play a crucial role in addressing climate-related risks, primarily through their measuring, pricing and assumption of risk and thus through their payment of insured claims — including life and...
Insurers take up `GST evasion’ issue with Govt, Revenue Secy Bajaj assures fair investigation and no coercive actions
Tarun Bajaj, revenue secretary, ministry of finance The government has said investigations by the Directorate General of GST Intelligence, Mumbai Zonal Unit have revealed that input tax credit of Rs 824 crore has been availed by 16 insurers, out of which an amount of...
FinMin finalizes framework for sovereign green bonds
These rupee-denominated papers will have long tenure to suit the requirement of green infrastructure projects. New Delhi: The Finance Ministry has finalized the framework to issue sovereign green bonds in line with global standards, according to sources. The...
Census, NPR databases declared as critical information infrastructure
The computer resources of all associated dependencies of the aforementioned entities have also been declared as “protected systems” under the law New Delhi: The government has declared certain databases related to the Census and the National Population Register (NPR)...
Over 27 million children at risk from devastating record-setting floods
UNICEF says that this year, floods have contributed to the increased spread of major killers of children, such as malnutrition, malaria, cholera and diarrhoea, and that the aftermath of floods is often more deadly for children than the extreme weather events that...