Nirmala Sitharaman, Finance minister The government has, however,...
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Ensure medical equipment functional in govt hospitals: Delhi HC
“We intend to pass an order that secretary health (of Delhi) shall...
Ram temple in Ayodhya can withstand once-in-2,500-year quake: Scientists
"The scientific study was done to ensure the structural safety of...
Top Indian industrialists join hands to fight climate change
Since 1980, nearly 60,000 suicides in India are attributed to warming temperatures, accounting for almost seven percent of the national upward trend in suicide rates.There has been a 150 per cent rise in air pollution-related deaths over the past 20 years and in 2017 alone, India saw 1.2 million deaths due to air pollution.India suffered an economic loss of $37 billion due to climate change in 2018, of which losses due to floods amounted to US $2.8 billion.
India’s slowing economy to weigh on re/insurers, says Moody’s
“India’s GDP growth weakened to its slowest rate in five years in the fiscal year ended March 2019, and the resultant financial pressure on rural households amid weaker job creation is in turn also weighing on premium growth,” says Benjamin Serra, a Moody’s Senior Vice President.
Insurers want higher FDI and more tax incentives in the Budget 2020
“Collectively as an industry, we do see a lack of parity in the tax treatment of pension products of life insurance companies and pension products under NPS. Both the products have similar objective of building long term savings for meeting retirement goals, hence, this disparity should be addressed by the government in the Union Budget 2020, agreed Tarun Chugh, MD & CEO, Bajaj Allianz Life
India needs $2.64-trn investment to meet UN’s Sustainable Development Goals
The study identified opportunities for the private sector to contribute to three infrastructure-focused goals between now and 2030 SDG 6: Clean water and sanitation, SDG 7: Affordable and clean energy, and SDG 9: Industry, innovation and infrastructure.
IRDAI postpones implementation Indian Accounting Standard for insurers indefinitely
The effective date of implementation shall be decided after the finalisation of IFRS 17 by IASB, said IRDAI.
Lloyd’s remains bullish on Indian insurance market
Pointing to the $27bn insurance gap in India Lloyd’s chairman Bruce Carnegie-Brown said Lloyd’s will look to introduce specialist (re)insurance products into India, which will complement the local market and also plug some of the product gaps.
Coronavirus: Thermal screening of flyers from China begins at 7 airports
According to the alert issued by the MoCA, all travellers who have visited China, particularly through Wuhan during the past 14 days and show symptoms of acute onset of fever, cough, shortness of breath should report to the airport health unit.
New law to protect foreign investors to exclude tax demands, reveal documents
It was not immediately clear whether protection against such sudden policy changes would be permanent or only for a particular period.
FPIs remain net buyers in January despite heightened geopolitical tensions
Majority of the FPI investment in January came a day after the signing of the US-China trade deal and going forward FPI investments are expected to grow, Harsh Jain, co-founder and COO at Groww said.
Passengers from China to be screened for pneumonia in Mumbai
As announced by China, this is a new type of coronavirus, which is different from all other human coronaviruses. The WHO has indicated symptoms like fever, breathing difficulties and chest radiographs showing bilateral lung infiltrates as the causes of pneumonia.