More than 80 per cent of Delhi's workers, including street vendors,...
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Amaravati set to become world’s first fully renewable-powered city
With an ambitious plan to harness 2,700 megawatts (MW) of green...
NSE adds 84 lakh new demat accounts in FY25; Groww, Angel One drive growth
Market experts believe that the growing market share of digital...
India’s data centre industry worth USD 5.6 bn; set to grow further: Report
At present, there are 138 data centres across India spanning about 11 million square feet and having 737 MW of IT capacity (building ready). At least 57 per cent of this current IT capacity is in Mumbai and Chennai, collectively. India's data centre industry size is...
Fairfax looks to settle mutual fund cross-holding norms case with Sebi
The capital markets regulator, in October 2021, issued a show cause notice against Fairfax Financial Holdings Limited (FFHL), the ultimate parent entity of Fairfax Group, alleging a violation of mutual fund rules by FFHL, according to the draft IPO documents of Go...
India can become an upper-middle-income country by 2047: Bibek Debroy
Bibek Debroy,Chairman,EAC-PM The country can become a USD 20 trillion economies by 2047 at this growth rate, he added. India, the world's sixth largest economy with a GDP of USD 2.7 trillion, is currently classified as a developing nation. New Delhi: India can become...
Floods, other water-related disasters could cost global economy $5.6 trillion by 2050 -report
Of the five business sectors most vital to the global economy, manufacturing and distribution would be hit hardest by disasters costing $4.2 trillion as water scarcity disrupts production while storms and floods destroy infrastructure and inventory. read more Last...
ACKO Accident Index 2022: Delhi NCR records highest number of road accidents in the country
The Index, which is a report detailing accident trends seen across key metros, including Bengaluru, Chennai, Delhi, Hyderabad, and Mumbai, revealed Delhi recording an accident rate of 20.3%, while Mumbai stood at 18.2%. The reasons behind the mishaps were also fairly...
Gautam Adani is first Asian to become world’s third-richest person, overtakes Louis Vuitton chief
Gautam Adani All told, Adani has added $60.9 billion to his fortune in 2022 alone, five times more than anyone else. He first overtook Ambani as the richest Asian in February, became a centibillionaire in April and surpassed Microsoft Corp.’s Bill Gates as the world’s...
Beazley launches Product Recall product in APAC market
The Beazley Manufacturing Risks & Response coverage is an innovative insurance solution that provides what manufacturers need to help protect their business and customers “Our solution includes offerings for any component parts and consumer goods . Adding this to...
ADB partners with global Insurers to mobilize $1 billion in lending capacity to financial institutions
ADB has signed an initial 3-year partnership with Tokio Marine Group , AXA XL, Chubb, Liberty Specialty Markets, and Allianz Trade MANILA: The Asian Development Bank (ADB) has signed an agreement with five leading global insurers which will mobilize up to $1 billion...
ADB approves a $200 million loan to help mitigate ecological & environmental risks in China’s Mulan River
The project aims to strengthen institutional capacity for environmental management. It will support county-level integrated environment management and climate change adaptation action plans and associated capacity building and public awareness raising. It will also...
Equity investors’ wealth falls by Rs 2.39 lakh cr as markets sink
''Indian market kicked off the new week with a deep cut followed by a sharp sell-off in global markets on the back of hawkish commentary by the US Fed chairman Jerome Powell,'' Santosh Meena, Head of Research, Swastika Investmart Ltd, said. Foreign institutional...