In line with these guidelines, insurers will be able to buy hedges...
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Govt appoints Fin Secy Tuhin K Pandey as new Sebi chief for 3 yrs
Tuhin Kanta Pandey, Chairman, Sebi IRDAI chief Debasish Panda will...
Delhi HC asks probe agencies to exercise caution over blanket freezing of bank accounts
While an investigating agency was fully empowered to conduct an...
RBI holds interest rates steady, projects 7.8% GDP growth for 2022-23
Shaktikanta Das,governor, Reserve Bank of India The monetary policy committee (MPC) held the lending rate, or the repo rate, at 4%. The reverse repo rate, or the key borrowing rate, was kept unchanged at 3.35% "Overall, taking into consideration the outlook for...
Pandemic propels workers closer to four-day week
From Iceland to Australia, governments and business are testing shorter work weeks, be it in fashion or fast food. With dozens of companies set to take part in Britain's biggest ever trial of a four-day week, joining similar pilots in five other countries, Smith is at...
European, U.S. regulators tell banks to prepare for Russian cyberattack threat
Now the European Central Bank, led by former French minister Christine Lagarde and which has oversight of Europe's biggest lenders, is on alert for the threat of cyber attacks on banks launched from Russia, the people said FRANKFURT/LONDON: The European Central Bank...
India received USD 339.55 billion FDI in last 5 years
The government has recently undertaken a number of reforms across sectors. In the last one year alone, reforms in the FDI policy have been undertaken in sectors such as insurance, defence, petroleum and natural gas, and telecom India has received Foreign Direct...
Surety Bond: To Be On a Sure Footing
Rrajesh Sharrma, CEO and Principal Officer, Anand Rathi Insurance Brokers Considering the size of the Indian economy, the market demand for surety insurance will be so huge, it can be another game-changer like agricultural insurance after the introduction of Pradhan...
Hospitals begin to limp out of the latest COVID-19 surge
"What we want to see is that the omicron surge continues to decrease, that we don't see another variant of concern emerge, that we start to come out of the other side of this," said Dr. Chris Beyrer, an epidemiologist at the Johns Hopkins Bloomberg School of Public...
First nasal spray for treating adult COVID-19 patients launched in India
Terming the spray an effective and safe antiviral treatment for COVID-19, Glenmark Pharmaceuticals Ltd's Chief Commercial Officer Robert Crockart said "we are confident it will offer patients a much needed and timely therapy option." Mumbai: Mumbai based...
Four in every 10 euros of European fund assets now sold as ‘sustainable’ -Morningstar
Investment funds marketed as sustainable under the EU's Sustainable Finance Disclosure Regulation managed 4.05 trillion euros in assets ($4.63 trillion) at end-2021, Morningstar said in a new report. That is up from about 2 trillion euros in April last year shortly...
Hospitals beds need to grow by at least 30% to provide equitable healthcare facilities for citizens
It added that the other 50 per cent of the country's population living in the remaining 21 states and 8 Union Territories (UTs) has access to only 35 per cent of hospital beds New Delhi:A Niti Aayog report has said that about 65 per cent of hospital beds in the...
Australia finalises $10 billion cyclone Reinsurance Pool
The pool is expected to reduce insurance premiums by up to $2.9 billion for eligible household, strata and small business insurance policies over 10 years Homeowners in northern Australia with the most acute cost pressures are expected to benefit from up to 46 per...