The primary objective "is to unlock the next phase of EV adoption,...
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Safety assessment rating for trucks, heavy vehicles on lines of Bharat NCAP soon: Gadkari
The road transport and highways minister Nitin Gadkari further said...
3 more Russian insurers seek India’s nod to provide cover for oil tankers
The move comes as growing scrutiny of Russia's oil supply chain by...
Working to implement common KYC for financial transactions: FM
Nirmala Sitharaman, union finance minister ''There is a central repository which takes care of central KYC. We are also now working in such a way that once you have given your KYC, it can be applicable at various institutions at various times for various requirements...
Aon and Revalue Nature collaborate on global decarbonization efforts
"The voluntary carbon market is rapidly expanding and represents a significant opportunity to drive environmental and social impacts on the climate transition through collaborative solutions – no one can transition alone," said Natalia Moudrak, climate resiliency...
Number of millionaires globally will grow by 40% in the next five years
According to Credit Suisse Group AG’s Global Wealth Report, the number of global millionaires will exceed 87 million in 2026, i.e. a rise of 25 million from 2021.The US tops the world millionaire table, still far ahead of China in second place. While India is home to...
Majority of world’s largest companies exposed to impacts of climate change by 2050: S&P
“Investors and companies are seeking advanced analytics to respond to the financial impact of climate change. Essential to this, is the ability to quantify the financial impact of climate change at asset level to enable meaningful mitigation and adaptation planning,”...
Tier 2, 3 cities becoming centre of economic activities, states should start planning from now: PM Modi
Prime Minister Narendra Modi "The states should start planning of tier 2 and tier 3 cities from now. Tier 2 and Tier 3 cities are now becoming the centre of economic activities. Our startups are taking place in those cities. We should focus on developing industry...
South and Southeast Asian reinsurers improve underwriting performance, but challenges remain: AM Best
“Although investment returns are expected to increase over the near term alongside a recovery in interest rates, rising inflation in the region is likely to pose challenges in meeting the cost of capital prospectively,” said Kanika Thukral, senior financial analyst,...
Adani’s ascent boosts India’s clout in emerging-market equities
Gautam Adani Eight firms controlled by Adani’s ports-to-power conglomerate, including recent cement acquisitions, have contributed more than a fifth of the 109-member MSCI India Index’s surge since end-June, data compiled by Bloomberg show. The index has outpaced...
Singapore central bank, India’s IFSCA to pursue cross-border FinTech innovations
The agreement is expected to leverage existing regulatory sandboxes in their respective jurisdictions to support experimentation of technology innovations. It will include referral of companies to each other's regulatory sandboxes and enable innovative cross-border...
Closing gender pay gaps is more important than ever
On average, women globally are paid about 20 per cent less than men, the International Labour (ILO) Organization said on Saturday, International Equal Pay Day. While individual characteristics such as education, working time, occupational segregation, skills, or...
Air Canada purchases 30 electric-hybrid planes to combat climate change effects
The revolutionary regional aircraft, expected to enter service in 2028, will generate zero emissions flying on battery power and yield significant operational savings and benefits. Ottawa: Air Canada announced a purchase agreement for 30 ES-30 electric-hybrid aircraft...