In neighbouring Thailand, authorities said that country's death...
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FinMin to implement ‘One State-One RRB’ soon to achieve better efficiency
As of 31 March 2024, 43 RRBs are operating through a network of...
AM Best upgrades credit ratings of FAIR Oil & Energy Insurance Syndicate
As at year-end 2024, the Syndicate consisted of 20 members from...
Australian flood: Insurers receive 8,415 claims for almost $100 million
There are 84 per cent property, 14 per cent motor and two per cent commercial claims Sydney: The Australian insurers have received 8,415 claims with an estimated insurance loss of $97.9 million, said the Insurance Council of Australia (ICA) which earlier this week...
Equity MFs see Rs 15,498-cr inflow in June amid volatile stock mkt
The lower quantum of net inflow from the previous month could be attributed to investors adopting the cautious path given the ongoing challenges to the investment environment New Delhi: Equity mutual funds witnessed a net inflow of Rs 15,498 crore in June amid...
Need to ensure 100% renewables alongside electric vehicles to tackle climate crisis: Experts
''Changes in transport need to go hand in hand with changes in the wider energy system. We must increase reclamation and recycling in the batteries sector and see much more research and investment in battery technology. We also need to reduce the number of cars on the...
UN: 2.3 billion people severely or moderately hungry in 2021
"The most recent evidence available suggests that the number of people unable to afford a healthy diet around the world rose by 112 million to almost 3.1 billion, reflecting the impacts of rising consumer food prices during the (COVID-19) pandemic," the heads of five...
India’s international air passenger volume likely to hit 97 per cent of pre-Covid levels in FY23: Icra
''The steep ramp-up in international traffic during the last three months is supported by opening of major international destinations, easing of travel restrictions and increase in aircraft capacity deployment,'' said Abhishek Lahoti, Senior Analyst, Corporate...
Over two-thirds of India’s blue-collared employees earn less than Rs 15,000 per month: Report
Among the blue-collared workforce, women made Rs 12,398 on average -- 19 per cent less than their male colleagues, according to the report by staff attendance and payroll management app SalaryBox Mumbai: Over two-thirds of the country's blue-collared employees earn...
Coal pensioners’ body writes to PM Modi, seeks revision of post-retirement benefits
''We have written to the Prime Minister on July 5 on behalf of the 5.5 lakh pensioners seeking his intervention and stating our compelling decision to stage dharna from July 25 at Jantar-Mantar, New Delhi against non-review of CMPS-1998 and non-revision of pension,”...
Soaring inflation rates and Ukraine war push 71 million into poverty globally, warns UNDP
"Unprecedented price surges mean that for many people across the world, the food that they could afford yesterday is no longer attainable today/,This cost-of-living crisis is tipping millions of people into poverty and even starvation at breathtaking speed and with...
Europe’s resilience test for banks’ climate risk is softer than expected
Banks participating in the exercise had to estimate how events such as floods would impact mortgage values, or how big a hit they faced if corporate clients defaulted after a spike in carbon prices Europe’s Landmark Test of Banks’ Resilience to Climate Risk Is Softer...
Corporate defaults may rise again on cost pressures: Report
Somasekhar Vemuri, a senior director, Crisil, said recent trends in the default rate reflect a K-shaped recovery, which has been faster and sharper for larger and mid-sized corporates whereas MSMEs have borne a disproportionate impact of the pandemic Mumbai: Rating...