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Budget is by the people, for the people, says FM
Finance Minister Nirmala Sitharaman “We have heard the voice of...
Indian mobility market to grow 2x to surpass USD 600 bn by 2030: Google-BCG report
According to the Think Mobility Report, emerging revenue pools such...
40 pc elderly want to be employed for as long as possible, 13 pc experience physical abuse: study
The insurance sector and schemes - both government and private - needs to better address the health insurance needs of elderly, and it's time for employers to take off their ageist glasses and give elderly a chance to prove their mettle,'' said Anupama Datta, head...
India would become USD 5-trillion economy by 2026-27: CEA
''We are now USD 3.3 trillion, it is not such a difficult target to reach. Then if you simply assume 10 per cent nominal GDP growth in dollar terms, then you get to USD 10 trillion by 2033-34 and another doubling with the same rate, said Chief Economic Adviser (CEA) V...
Businesses need to prepare for a rise in social unrest incidents: Allianz
Strikes, riots and violent protest movements pose risks to companies because in addition to buildings or assets suffering costly material damage, business operations can also be severely disrupted with premises unable to be accessed, resulting in loss of income. In...
Sensex sinks 1404 points on global selloff; investors lose Rs 6 lakh crore, LIC shares fall further
Falling for the tenth straight session on Monday, shares of Life Insurance Corporation (LIC) of India dropped 4 per cent to hit an all-time low of Rs 681.70 on BSE while its market capitalisation (m-cap) slipped to Rs 4,34,052 crore. The selloff has led to erosion of...
Report casts doubt on net-zero emissions pledges by big global companies
Roughly half of the Forbes 2000 largest companies have yet to announce plans to reach net-zero — the point at which greenhouse gas emissions are negated by deep cuts in output as well as methods to absorb atmospheric carbon dioxide. Of the 702 companies with a...
Gadkari summons IRDA and CEOs of general insurance cos to take stock of Surety Bonds
Nitin Gadkari, union minister for Road Transport & Highways Though, the government and the IRDA have allowed the general insurers to launch Surety bonds since April 1, no insurers have been able to do it as there are lot of technical and legal gaps needs to be...
From security to uncertainty: Post Covid, many elderly return to workforce
The reasons for seeking financial independence are varied as is the income bracket. It could be somebody whose son lost his job, another whose savings dwindled in the long months of lockdown or an elderly person who may have seen an earning child die of Covid and is...
SBI chief says loan demand is bouncing back
Dinesh Kumar Khara, chairman of State Bank of India Companies are steadily drawing down from a $71 billion loan pipeline, said Dinesh Kumar Khara, chairman of State Bank of India That broadly mirrors a trend where loan growth in India's Rs 120 trillion ($1.5 trillion)...
Gen Z, millennials and Gen X all basically agree on work from home
A recent study by consultants McKinsey & Co. found that workers aged 18 to 34 were 59% more likely to leave than 55- to 64-year-olds if their employer didn’t offer a hybrid work arrangement During the early days of the pandemic, the narrative was that...
Ayushman Bharat scheme has given benefits of Rs 7,000 cr to needy: PM Modi
Prime Minister Narendra Modi To empower the poor, it was necessary to make health care accessible, he said adding: "We have been working with a holistic approach to improve the health sector for the last eight years. We have emphasised on good nutrition, clean...