The group of ministers (GoM) on health and life insurance GST last...
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Cyber Insurance: Largest potential lies in the SME opportunity, says Swiss Re
Dani Tobler.Head Cyber Reinsurance at Swiss Re "North America...
8th Bima Manthan: IRDAI and Insurers brainstorm implementation of IFRS and Cyber security measures
In an era where digital transformation is reshaping industries,...
Over 84 million people displaced from their homes owing to violence, insecurity, climate change
A lethal mix of conflict, COVID-19, poverty, food insecurity and the climate emergency has compounded the humanitarian plight of the displaced, most of whom are being hosted in developing regions. "The effects of climate change are exacerbating existing...
RBI initiatives will expand scope of investment in country: PM Modi
Prime Minister Narendra Modi The central theme of the scheme is based on 'One Nation-One Ombudsman' with one portal, one email and one address for the customers to lodge their complaints. There will be a single point of reference for customers to file their...
Adani to invest $70 bn in renewable energy, produce cheapest hydroge
India also announced a slew of other, more ambitious, climate targets for 2030: increasing the share of renewables in the country's energy mix to 50 per cent; expanding installed capacity of non-fossil energy from 450 to 500 GW; and reducing the carbon intensity of...
Passenger vehicle wholesales down by 27% in October amid chip shortage
"Manufacturers were banking on the festive season to recover from the severe drop in sales they have faced in the early part of the financial year 2021-22. However, shortage of semiconductors and steep hike in raw material cost have been a major spoilsport for the...
Centre won’t rush in giving Covid-19 vaccine to children: Mansukh Mandaviya
Union Health Minister Mansukh Mandaviya On the probability of administering a booster dose, he said adequate stocks are available and the aim is to complete the vaccination of the target population with two doses. After that, a decision on booster dose would be taken...
World food Prices to reach record high in 2021:UN
The analysis also points to a growing number of countries, currently 53, where households spend more than 60 per cent of their income on necessities such as food, fuel, Developing regions account for 40 per cent of the total and their food import bill is expected to...
Risky business: Climate change turns up the heat on insurers, policyholders
Given the momentum, it is no surprise that traditional models cannot keep up, Bruce Carnegie-Brown, chairman of insurance market Lloyd's of London told Reuters. "If you’ve reached an exponential part of the curve where suddenly, something’s accelerating, it’s almost...
India set to become world’s fastest-growing economy, Finance Ministry report says
The report said, softening retail inflation and adequate liquidity in the market are also reflected in largely stable G-Sec and corporate bond yields since July 2021. New Delhi: Armed with necessary macro and micro growth drivers, India is on its way to becoming the...
Depression to cross coast between TN and AP around Chennai this evening, says IMD
"It is very likely to continue to move west-northwestwards and cross north Tamil Nadu & adjoining south Andhra Pradesh coasts around Chennai by the evening of today," it added. As a result, Deputy Director General of Meteorology, S Balachandran said said, Chennai...
Flooding: more likely, more extreme and more unpredictable
-Unprecedented weather patterns are challenging the flood risk landscape, which was previously well defined by government and historic records-Many flood damages occur outside of mapped river floodplains, and companies outside larger hazard zones can still be affected...