Analysts and industry sources cautioned stricter regulations would...
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ESIC beneficiaries can soon avail medical care in Ayushman Bharat empanelled hospitals: Mandaviya
“The ESIC provides free treatment to around 3.77 crore families,...
Markets surge for 4th day; Sensex reclaims 78k-level amid US-Japan tariff talks, FII inflows
Foreign Institutional Investors (FIIs) bought equities worth Rs...
GST investigation wing asks officers to refrain from summoning CEOs
About the instructions with regard to summons, the guidelines said that senior management officials such as CMD/MD/CEO/CFO/similar officers of any company or a PSU (Public Sector Unit) should not generally be issued summons in the first instance New Delhi: The GST...
Climate risks make Australian home insurance costlier
On average, Australians living in high-risk areas like northern Queensland pay A$3,000 ($2,100) in annual premiums, or double that of residents in the rest of the country, an Actuaries Institute report released on Wednesday showed. Australia’s mounting extreme weather...
UK water supplier hit by ‘Extremely Concerning’ cyber attack, vulnerabilities of critical infra exposed
Cybersecurity experts said the breach was alarming but cautioned that it wasn’t clear how deeply the hackers had penetrated the system and whether there may have been controls in place that could have prevented unauthorized tampering with water supplies A company that...
RBI seeks public feedback on changes in payment systems
The focus of RBI's initiatives in the payment systems has been to ease frictions which may arise from systemic, procedural or revenue-related issues. While there are many intermediaries in the payments transaction chain, consumer complaints are generally about high...
India may delay coal plant closures in blow to climate action
Under the proposals being considered, India’s coal plants -- which currently account for almost 70% of electricity generation -- would continue to handle peak evening power demand, even as solar and wind projects become increasingly able to fulfill day-time...
India home to 18 of 20 cities with most severe increase in PM2.5 pollution: Study
Among the most populous cities in each region, Delhi and Kolkata featured in the top 10 with the highest PM2.5-related disease burden in 2019 Breathing even low levels of pollution over time can produce a myriad of health effects, including reduced life expectancy,...
Sensex reclaims 60,000 mark after 4 months, investors richer by Rs 25 trillion
"Declining US inflation, confidence that the Fed need not have to aggressively raise rates and the increasing probability of a soft landing of the US economy are supporting this rally. In India, steadily declining inflation, strong growth momentum in the economy and...
Odisha flood situation grim; 2 lakh people affected
Special Relief Commissioner (SRC) P K Jena said that as per preliminary data, two lakh people have been affected due to the flood while around 24,000 hectares of farmland have been hit. Of them, 1.20 lakh people in 237 villages were marooned and over 26,000 people...
Global reinsurers shift their business mix into casualty & specialty primary lines for price comfort
Even with rate increases, most reinsurers view current pricing on property catastrophe risks still not high enough to compensate for the ongoing level of uncertainty, whereas casualty and specialty primary lines are more attractive as they comparatively generate more...
Scope of EU ban on Russian coal and fertilizers jolts insurers
“The prohibition relating to coal and to certain fertilizers refers both to the “purchase” and the “transfer” of these goods, irrespective of final destination,” Arianna Podesta, a European Commission spokeswoman, told Bloomberg in an email. Those sanctions extend to...