The UCC came into force as Chief Minister Pushkar Singh Dhami...
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US-based D Gaekwad Developments make competing offer for Religare; Burman confident of success
Following the open offer, Burman's stake in REL would rise to 53.94...
FPIs withdraw $7.44 billion from Indian equity markets in Jan
"The sustained strengthening of the dollar and rise in the US bond...
UK climate stress test for banks, insurers is the toughest yet: Fitch
Non-life insurers and reinsurers are exposed to physical risk through property and catastrophe losses, which are becoming more frequent and severe due to climate change Life insurers are more exposed to the transition risk that affects the assets in their investment...
Pandemic creates new billionaire every 30 hours: Oxfam at Davos
''We expect this year that 263 million more people will crash into extreme poverty, at a rate of a million people every 33 hours,'' Oxfam International said. Davos: As the rich and powerful from across the globe gather here for the World Economic Forum Annual Meeting...
Monkeypox formidable challenge to world: WHO
While the Covid pandemic is “most certainly not over. We face a formidable convergence of disease, drought, famine and war, fuelled by climate change, inequity and geopolitical rivalry”, Ghebreyesus said Geneva: Even as the world is not over the pandemic yet, it is...
Covid-19: INSACOG confirms presence of BA.4, BA.5 Omicron variants in India
"A-19-year-old female in Tamil Nadu has been found infected with the BA.4 variant of SARS-CoV-2," said INSACOG in a statement, adding that the patient has shown only mild clinical symptoms and has been fully vaccinated and has no travel history New Delhi: The Indian...
India considering spending additional $26 billion to fight inflation
India's retail inflation rose to an eight-year high in April, while wholesale inflation rose to at least a 17-year high, posing a major headache for Prime Minister Narendra Modi's government ahead of elections to several state assemblies this year The Indian...
MFs collect Rs 1.08 lakh cr via 176 NFOs in FY22 on retail investors’ interest
According to the data compiled by Morningstar India, there were 176 new fund offers (including closed-end funds and ETFs) in 2021-22. These managed to collect a staggering Rs 1,07,896 crore during their inception stage This was way higher than 84 NFOs floated in...
FPIs dump Indian equities worth over Rs 35,000 crore in May so far
''Since the mother market, US, is weak and dollar is strengthening, FPIs are likely to continue selling in the near term,'' V K Vijayakumar, Cheif Investment Strategist at Geojit Financial Services, said Himanshu Srivastava, Associate Director - Manager Research,...
India needs strong cyber security norms to curb misuse of VPNs
As per the new policy, any service provider, intermediary, data centre, body corporate and government organisation will mandatorily report cyber incidents within six hours. As per CERT-In, there are various types of other offences like data breach, data leak, spread...
Climate change: Threatening access to water and sanitation
And globally, each 1°C increase caused by global warming is projected to result in a 20 per cent reduction in renewable water resources, affecting an additional seven per cent of the population It is estimated that more than one third of the European Union will be...
Taxpayers can now claim refund of IGST on ocean freight: Experts on SC judgement
Giving its ruling in the Mohit Minerals case, the Supreme Court held that since the Indian importer is liable to pay IGST on the 'composite supply', comprising of supply of goods and supply of services of transportation, insurance, etc in a CIF (Cost Insurance...