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Rain, lightning strikes kill 7 in north India; 200 flights delayed, J-K highway closed
Flash floods were triggered in the Chenab River, prompting the...
Allahabad HC seeks details after UP says 82 bridges in state ‘unsafe’
"A detailed chart regarding the location and life of the bridges...
Fight against inflation will be dogged prolonged RBI article
With inflation remaining above the 6 per cent level, RBI, now, will have to give a report to the central government giving reasons for failure to contain inflation at 4 per cent with a bias of 2 per cent on either side Mumbai: The fight against inflation will be...
Credit Suisse to pay $495 mn in US to settle securities case
Credit Suisse faces a longer list of legal woes. Last week, the prospect of fresh legal risks for the bank arose when US authorities launched a probe investigating whether the bank helped clients hide assets Credit Suisse Group AG agreed to pay $495 million to settle...
AXIS Capital refuses to underwrite energy, mining and other projects without backing of local indigenous communities
Non-governmental organization Rainforest Action Network (RAN) told Reuters that AXIS was the first North American insurer to adopt such a policy, and believed it set a fresh standard for best practice Two insurers in Europe – Swiss Re and Allianz – mention FPIC in...
India taking action against spamming, says FM Sitharaman
Finance Minister Nirmala Sitharaman Even in the newer data or digital-based kind of services, which are being extended to people like the account aggregator, there is a conscious attempt to make sure that the consent of the data owner is used and used for that...
Number of Indian poor people fell by about 415 mn between 2005-06 and 2019-21, a ‘historic change, says UN
"Despite tremendous gains, the ongoing task of ending poverty for the 228.9 million poor people in 2019/2021 is daunting — especially as the number has nearly certainly risen since the data were collected'' The number of poor people in India fell by about 415 million...
Mental Illness: Indian Insurers now cover alzheimers, depression and bipolar disorders
Sanil Basutkar Having an appropriate cover and healthcare plan for mental illness needs to be an important aspect when looking for a comprehensive insurance for you and your family How does insurance cover work for mental illness?For around 60 years after...
Plastic Pollution: Litigation could cost the industry and its insurers $20 billion in US over next 8 yrs, says Report
More than 300 million tons of plastic are produced every year and at least 14 million tons ends up in the ocean where it is ingested by animals and can enter the human food chain, according to the International Union for Conservation of Nature Like climate...
FPIs withdraw Rs 7,500 cr from Indian equities in Oct on rate hike concerns
This came following an outflow of over Rs 7,600 crore in September on the hawkish stance of the US Fed and the sharp depreciation in the rupee "Expectation of further and aggressive rate hikes by the US Fed, depreciating rupee, fears of a recession and continuation of...
India has potential to attract $ 475 bn through FDI in 5 yrs: CII-EY report
Besides the fact that India is among the fastest-growing large economies in the world, the confidence in its potential stems from strong consumption trends, digitisation and a growing services sector, along with the government's strong focus on infrastructure and...
99% of Indian villages have now a bank branch, banking outlet or a ‘banking mitra’ within 5 km radius: PM Modi
Narendra Modi,Prime Minister Today the number of branches per one lakh adult citizens in India is more than countries like Germany, China and South Africa”, he added The PM informed that fintech is at the heart of India's policies and efforts, and it is playing a key...