Shaken by a series of devastating earthquakes,Türkiye has...
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Govt looking at procedural easing to further promote FDI, says official
The department for promotion of industry and internal trade (DPIIT)...
New Income Tax Bill set to be tabled in Parliament next week
Before the Income Tax Bill was cleared by the Cabinet, people in...
AIIB to fund $150 million for making Chennai’s urban services green and resilient
Chennai faces tremendous infrastructure deficits and low service quality in core urban sectors such as water resource management, water supply and sanitation, urban mobility, solid waste management and public health Beijing: AIIB has approved the USD150-million...
Cabinet clears proposal to increase legal age of women to 21: Report
After the Union cabinet's approval, the government will amend the Prohibition of Child Marriage Act, Special Marriage Act, and the Hindu Marriage Act to implement the new decision to increase the legal age of marriage of women," sources said. New Delhi:The Union...
ICICI Pru Life Insurance signs the UN Principles of Responsible Investing
Manish Kumar, Chief Investment Officer, ICICI Prudential Life Insurance said, “As part of our commitment towards promoting sustainable investing we recently launched the ‘Sustainable Equity Fund’, an ESG-focused fund, and in the process became the first life insurance...
India’s Population Puzzle
While India will be a young country for decades yet, it is aging faster than expected.The latest round of India’s massive National Family Health Survey underscores the point. Mihir Sharma By the middle of this century, India will have 1.6 billion people. That’s when...
IMF warns of interest rate risks as global debt hits $226 trillion
Government borrowing accounted for slightly over half of the $28 trillion increase, but private debt among non-financial corporations and households also hit new highs. Global debt surged to $226 trillion last year, its biggest one-year jump since World War Two, and...
Future of Digital Payments in India
According to RBI, 'while the guidelines will be technology and platform agnostic, it will create an enhanced and enabling environment for customers to use digital payment products in a more safe and secure manner.' The digital payments growth in India has positioned...
Paytm launches Paytm Wealth Academy, a tech-powered educational platform for traders and investors
The Paytm Wealth Academy is a first-of-its-kind initiative to allow users to learn trading and financial concepts at their own pace at their level of comfort. The platform offers a wide catalog of courses and webinars along with personalized recommendations for users,...
Volatile markets, US lawsuits, ESG issues and SPACs create new risks for managers:Allianz
“The actions and culture of organizations and their directors and officers are coming under heightened scrutiny from a wide range of stakeholders, with litigation risk a primary concern,” says Shanil Williams, Global Head of Financial Lines at AGCS London/New...
38℃ record Arctic temperature confirmed, others likely to follow: WMO
The furnace-like conditions also contributed to 2020 becoming one of the three warmest years on record, the WMO spokesperson explained, adding that the Siberian heatwave "would have been almost impossible without climate change". UN : A new and disturbing high...
HSBC says clients must have plan to exit coal by end-2023
Under its plan, HSBC will cut exposure to thermal coal financing by at least 25% by 2025 and 50% by 2030, although non-EU or non-OECD-based clients could be funded until a global phase-out by 2040, its sustainability chief told Reuters HSBC said its new policy would...