“Due to various measures, India's financial inclusion improved...
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Over 71.81 crore Ayushman Bharat Health Account numbers generated: Centre
Gender-wise utilisation shows that women account for 49 per cent of...
European Central Bank plans insurance for climate risks
One part of the plan is a voluntary public-private reinsurance...
U.S. banks urge regulators to be flexible on climate-risk rules
The sweeping proposal applies to lenders with over $100 billion in assets. It touches on everything from board room governance, liquidity, credit and operational risk management, to the way banks project hypothetical future losses on their books and their ability to...
Climate actions need adequate financing, says PM Modi, asks developed countries to fulfil financial commitments
Prime Minister Narendra Modi Reduce, reuse, recycle, recover, re-design and re-manufacture have been part of India's cultural ethos, said PM Modi, adding, India will continue to act for climate-resilient policies and practices as we have always done New Delhi: Noting...
Centre asks states, UTs to end additional COVID-19 restrictions amid decline in cases
"Presently, as the case trajectory across the nation is showing a sustained downward trend, it will be useful if states/UTs review and amend/do away with the additional restrictions so imposed after considering the trend of new cases, active cases and positivity...
India economy to grow at fastest pace among large nations: Finmin report
"The current year may as well end with an economic reset manifest of a post-COVID-19 world…Manufacturing and Construction will be the 'growth drivers', triggered by the PLI schemes and public capex in infrastructure," the review report said. The Indian economy is...
Climate migration fuels conflicts in Bay of Bengal region
Disastrous floods, deadly heatwaves and devastating cyclones are taking a heavy toll in the Bay of Bengal region, which covers more than 2 million sq km (772,204 sq miles) - impacting Bangladesh and parts of Sri Lanka, Indonesia, Myanmar and India Military and civil...
BIS chief says new policies needed to enhance resilience of private firms
"I think that now we need to move more into more focused and targeted type of policies that can enhance the resiliency of firms -- not of all of them because we know that they have been sectoral shifts, shifts in demand and so on and some firms regretfully will not be...
US Judge blocks Biden administration order on climate risks
The “social cost of greenhouse gases” estimate is used in rule-making and permitting processes to estimate economic damages associated with a rise in greenhouse gas emissions. Those could include things like impacts to agricultural productivity or property damage from...
Europe’s banks fund oil and gas expansion despite IEA warning -report
An IEA report in May said there should be no investment in new oil and gas fields in order to have a 50% chance of capping global warming at 1.5 degrees Celsius above the pre-industrial average. The financing comes despite 24 of the banks themselves pledging to...
Investors’ wealth tumbles by over Rs 8.47 trn amid global sell-off
In just two sessions, the total investors' wealth has eroded by more than Rs 12 lakh crore. Mumbai: Investors' wealth plummeted by more than Rs 8.47 lakh crore on Monday as the stock market continued to be ravaged by weak global sentiments triggered by mounting...
Leading with Empathy into the Hybrid Working Future
With the recent influence of the global health crisis, increasing shifts in personal priorities are changing employees' expectations of work culture. Tanay Kediyal, Vice President and Chief Operating Officer, Allstate Solutions Private Limited (ASPL) shares his views...