In the life insurance segment, there is a noticeable shift towards...
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Europe’s insurers may face new capital rules for climate risk
The goal is “to ensure the continued protection of policyholders...
Sebi member expresses concerns over misleading disclosures related to ESG metrics
Speaking at the ESG Summit organised by the industry body FICCI...
Indian fintech market expected to reach USD 150 bn in valuation by 2025: MoS Finance
More than 50 lakh banking correspondents across the country are carrying out ''cash in cash out'' kind of transactions using the system, UIDAI CEO Saurabh Garg said ''There is a need for a proper cyber security system, real time disputes to be solved and emergency...
Hong Kong tops the list of World’s 20 most expensive cities for expats
Higher prices and a stronger currency over the past year kept the Asian city at the top of the tree, according to ECA International, which carried out its research in March this year. London and Tokyo round out the top five Hong Kong is the world’s most expensive city...
RBI raises key lending rate by 50 basis points to check raging inflation
Shaktikanta Das.Governor,RBI RBI Governor Shaktikanta Das said that real GDP for FY23 is seen at 7.2%, and that for Q1 at 16.2%, Q2 at 6.2%, Q3 at 4.1%, and Q4 at 4%. The inflation projection for the current financial year is seen at 6.7% and for Q1 at 7.5%, Q2 at...
Ukraine war and cyber resilience combine to temper global ransomware activity: Howden report
Shay Simkin, Global Head of Cyber, Howden, commented: “Market conditions remain difficult, but two potential tailwinds may help companies and insurance carriers as this year progresses. The first is off the back of more favourable ransomware trends following...
Menopause discrimination cases are on a rise in UK Employment Courts
Employment tribunals involving menopause increased by 44% in 2021, with 23 cases referencing it compared to 16 the previous year, according to analysis of court data by Menopause Experts Group, a group that provides menopausal education services and information to...
Head of Deutsche Bank’s DWS steps down after ‘greenwashing’ raids
As firms market their environmental, social and governance-related (ESG) credentials in an attempt to tap the trillions of dollars looking to have climate- and socially friendly impact, regulators are beginning to dig deeper into their claims FRANKFURT: The chief...
India achieves 10% ethanol blending target in petrol ahead of schedule: PM
Prime Minister Narendra Modi In his address, the prime minister said India has also achieved its goal of having 40 per cent of its installed power generation from non-fossil fuel-based sources nine years before the deadline India's forest cover had grown by over...
Carmakers feel chip crisis easing as global growth slows
Even as demand for cars boomed, auto manufacturers have had to curtail output as plants globally could not source enough chips critical for increasingly computerised vehicles The outages have been so severe that global passenger car output has barely shown signs of...
Another rate hike on cards, say experts ahead of RBI’s MPC meeting
Recently in a TV interview, the governor said that the ''expectation of rate hike is a no-brainer, there will be some increase in the repo rates, but by how much I will not be able to tell now but to say that 5.15 may not be very accurate''. Mumbai: With inflation...
FPIs outflow continues for 8th straight month; pull out nearly Rs 40,000-cr from equities in May
Going ahead, FPI flows will remain volatile in the emerging markets on account of rising geo-political risk, rising inflation, tightening of monetary policy by central banks, among others, Shrikant Chouhan, Head - Equity Research (Retail), Kotak Securities said New...