Speaking at the National Conference on Economics of Competition Law...
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AI has potential to enable collusion; regulators need to adopt forward-looking approach: CCI chief
Ravneet Kaur, chairman, Competition Commission of India "Today's...
At least 33 dead as tornadoes ravage central US
"Numerous significant tornadoes, some of which may be long-track...
Saudi Aramco storage petroleum facility hit by Houthi attack, causing fire
The Iran-aligned Houthis, who are battling the coalition led by Saudi Arabia, have intensified attacks on energy facilities in the kingdom, the world's largest oil exporter. This week, Riyadh said it would not bear responsibility for any global oil supply disruptions...
Covid variant worse than Omicron in next 2 years: UK epidemiologist
England's chief medical officer, Chris Whitty England's chief medical officer, Chris Whitty noted that the strain could cause "worse problems" than Omicron and the challenges from the current strain are "not by any means trivial", and its emergence could...
UK sketches out first regulatory approach to crypto
Cryptoassets, such as bitcoin and ether, are largely unregulated as they fall outside the regulatory 'perimeter' and a change of law would be needed to bring them under the full scope of UK securities rules, a step Britain's finance ministry is looking at LONDON: The...
ANZ becomes first Australian bank to mint stablecoin
A stablecoin is a kind of digital asset that is devised to keep its value stable in relation to another asset, and are frequently used as a portal to other cryptocurrencies or to generate income in decentralised financial systems The company's move to mint digital...
Delhi 3rd nationwide in per capita income after Sikkim, Goa: Eco Survey
According to the survey, Delhi's per capita income grew 16.81 per cent year-on-year to Rs 4,01,982 in fiscal 2021-22 The per capita income of Delhi was three times higher than the national average in 2021-22, it said New Delhi: Delhi ranked third in terms of per...
Most states haven’t enhanced health budget share to over 8 pc: Parliamentary panel
The Department Related Parliamentary Standing Committee on Health and Family Welfare, in its report tabled in Parliament on Thursday, recommended that all the states and Union territories should emulate Delhi and Puducherry and increase the share of health spending in...
Biodiversity loss poses global financial threat, report says
While climate change has shot up the agenda, the related issue of lost biodiversity has been neglected even though it too can have a major economic impact, a report by the Network for Greening the Financial System (NGFS) and the International Network for Sustainable...
New York widens lead over London in top finance centres index
London held on to second place despite shedding 14 points to 726. A similar fall next time would put it behind Hong Kong, Shanghai and Los Angeles, and on par with Singapore, based on their current performances (see table). London is now the only European centre in...
Indian Banks share in industrial credit plunges to 34% in FY21, says report
Outstanding non-food credit growth moderated from an already low 6.1 per cent in March 2020 to 5.5 per cent in March 2021 as the pandemic shock hit the economy The share of non-banks in the commercial credit has more than doubled to 44 per cent while that of foreign...
Japan considering mandatory disclosure of gender wage, female manager ratio – sources
The government is also considering having firms disclose the ratio of male workers on childcare leave, said the sources, who declined to be identified as they were not authorised to speak to the media. "The wage gap between men and women is an economic and financial...