ICAI President Charanjot Singh Nanda on Saturday said the institute...
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UK-India investment treaty lets companies sue government
The Investor-State Dispute Settlement (ISDS) mechanism is aimed at...
Denmark plans $1 billion war insurance for its merchant fleet
Denmark plans to set aside almost $1 billion to insure its merchant...
India’s domestic passenger volume rose 65% to 10 mn in September: DGCA
The average passenger load factor of these carriers stood at 77.5 per cent against 72.5 per cent PLF delivered in August 2022, the DGCA data show. New Delhi: Domestic air passenger volume grew 64.61 per cent to 10.35 million in September over the same period last...
Rise and fall of ‘Covid Billionaires’, 26 from Asia
Out of the 58 Covid billionaires, 26 have citizenships in Asia, 18 hail from the US and Canada, and 10 from Europe. Just two are female: Falguni Nayar — founder of India’s first woman-led unicorn to go public, beauty retailer Nykaa — and Denise Coates, the co-CEO and...
Real estate, a better choice over gold & equities for investment: Report
While gold has primarily remained a favourite investment for Indian households due to its liquidity and investment size flexibility and equities are highly volatile and easily impacted by social, political, and economic upheavals, real estate is hence always...
NHAI InVIT subscribed by 6.69 times
InvITs are instruments on the pattern of mutual funds, designed to pool money from investors and invest in assets that provides cash flows over a period of time New Delhi; National Highways Infra Trust's investment instrument NHAI InvIT, sponsored by the state-owned...
Australian banks may have to rethink mortgages in risk areas -NAB
Ross McEwan, chief executive officer of National Australia Bank Ltd said that as devastating floods become more frequent it raises questions about whether banks will help people buying assets in flood-prone areas and what the cost will be Australian banks may have to...
U.S. Treasury proposes a new rule to collect data on climate-related risks from P&C insurers
U.S. Treasury Secretary Janet Yellen has pressed U.S. financial regulators to make assessment of climate change risks a normal part of their everyday work, including a demand that companies increase disclosures of such risks to investors Treasury said the proposed...
Govt must set moderate divestment targets, DIPAM Secy
High targets lead to a perception that the government will sell minority stakes in state-run companies, prompting a fall in share prices of such firms, Pandey said. New Delhi: The Indian government should focus on privatisation of state-run companies instead of...
India’s pension system shows marginal improvement in global ranking: Report
Globally, Iceland was ranked at the top followed by the Netherlands, Denmark, Israel, Finland and Australia ''The new labour reforms in India are expected to usher in a framework to facilitate increased participation in private pensions, thereby encouraging higher...
India’s festival gold sales to shine less brightly this year, says WGC
Indians bought a record 344 tons of gold over the period, and sales are unlikely to match that this year, PR Somasundaram, regional chief executive officer at the London-based organization, told Bloomberg Television in an interview on Tuesday India’s gold sales during...
Global cost of cybercrime may reach $10.5 trillion by 2025: Interpol
Jurgen Stock,Secretary General,Interpol Interpol Secretary General Jurgen Stock said Interpol had developed its global stop-payment mechanism, the Anti-Money Laundering Rapid Response Protocol, which in the past 10 months alone had helped members recover more than $60...