Sameer Bansal, MD & CEO, PNB MetLife, said that while India is...
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Govt says sanctioned Russian oil tankers can discharge before Feb 27
India's oil secretary Pankaj Jain said the deadline, as outlined by...
Despite Trump order, abandoning DEI could land companies in legal trouble
“When companies are sued by women or people of color and they're...
Indian, Chinese companies take lead in use of artificial intelligence: IBM
''Chinese and Indian companies are leading the way, with nearly 60 per cent of IT professionals in those countries saying their organisations already actively use AI, compared with lagging markets like South Korea (22 per cent), Australia (24 per cent) the US (25 per...
Climate change made extreme heatwaves in India 100 times more likely: Study
"With temperatures exceeding 50 degrees Celsius in recent days, it is clear the current heat wave is an extreme weather event affecting communities and livelihoods," Professor Peter Stott, Met Office Science Fellow in Climate Attribution, said in a statement Climate...
India Inc improving ESG disclosures gradually: Crisil
Assessment of 586 cos shows 14 in ‘leadership’ category, 73 ‘below average’ and ‘weak’ Said Amish Mehta, Managing Director and CEO, CRISIL, “ The uptake of sustainability in decision making is very piecemeal in India Inc because of a lack of stewardship, and fiduciary...
Global economic growth downgraded due to spillover from Ukraine war
Global inflation is also set to reach 6.7 per cent this year, or twice the average of 2.9 per cent during the period from 2010 to 2020, with sharp rises in food and energy prices The war is also unfolding at a time when global carbon dioxide (CO2) emissions are at a...
Global economy: Scarcity triggers $1.6 trillion of GDP loss
Russia’s invasion of Ukraine and China’s Covid Zero lockdowns are disrupting supply chains, hammering growth and pushing inflation to forty-year highs. Emerging nations could see more acute threats to energy and food security, like the ones already causing turmoil in...
Govt to press ahead with strict cybersecurity rules despite industry concerns
New Delhi has said the new rules were needed as cybersecurity incidents were reported regularly but the requisite information needed to investigate them was not always readily available from the service providers NEW DELHI: India will not change upcoming cybersecurity...
UN marks first ever international day spotlighting women working in the maritime industry
“Women account for just 20 per cent of the workforce in the maritime authorities of Member States and 29 percent…across subsectors in the maritime industry,” International Maritime Organization (IMO) chief Kitack Lim told By raising the profile of women in maritime,...
Flood condition worsens in Assam, landlsides in Arunachal
Assam State Disaster Management Authority said that at present 1413 villages are under water and Nagaon is the worst hit district where 2.88 lakh people are reeling under the calamity. In Cachar nearly 1.2 lakh people ands in Hojai more than 1.07 lakh people were...
‘India should envision assistive technology being integrated within health, social care systems’
The report notes that the number of people in need of one or more assistive products is likely to rise to 3.5 billion (350 crore) by 2050, due to populations ageing and the prevalence of noncommunicable diseases rising across the world New Delhi; India should reflect...
Wall Street ends sharply lower, worst one-day loss for S&P 500, Dow Jones in 2 yrs
"We think the developing impact on retail spending as inflation outpaces wages for even longer than people might have expected is a principal factor in causing the market sell-off today," said Paul Christopher, head of global market strategy at Wells Fargo Investment...