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Worforce Reforms: 4 new labour codes implemented for welfare of workers in India
Under Code on Social Security, 2020 all workers including gig &...
Systemic leakages of Rs 10 000 cr annually in insurance sector eroding trust: Report
To address this, the report outlined a three-pillar framework of...
Israel’s ship industry urges government to help with jump in war insurance
The finance ministry said subsidizing the cost of additional war risk premiums was not being considered as of now, adding it was examining “additional solutions that will provide an insurance defense for vessel owners,” without giving details Ships sailing for Israel...
As devastated Acapulco rebuilds, other Mexico resorts urged to heed its lessons
As Acapulco rebuilds after the deadly Category 5 hurricane, climate experts, architects, engineers and politicians recommended steps Mexico should take. These include tougher building standards, improving flood water management and enhancing storm detection to avoid...
India among top countries with high income, wealth inequality: new UNDP report
In India, between 2000 and 2022, per capita income soared from USD 442 to USD 2,389. Whereas, between 2004 and 2019, poverty rates (based on the international poverty measure of USD 2.15 per day) plummeted from 40 to 10 per cent New Delhi: India has emerged among top...
India automobile retail sales declined 8% in October: Industry data
Commercial vehicles are looking at a strong November, with festive and construction activities enhancing demand, alongside anticipated financial schemes However, the passenger vehicle segment is navigating through a tricky phase. Festive days might spike bookings, yet...
Delhi’s air quality dips to ‘severe plus’ again, strictest curbs under pollution control plan kick in
Unfavourable meteorological conditions combined with vehicular emissions, paddy straw burning, firecrackers and other local pollution sources contribute to hazardous air quality levels in Delhi-NCR during the winter every year New Delhi: Stringent curbs, including a...
World Bank signs financing agreements to strengthen Nepal’s health system
The program emphasizes improving the readiness of the health system for delivery of quality healthcare, enhancing coverage of health insurance, and strengthening health emergency preparedness and response capacity at the selected provincial and local levels Kathmandu:...
Nepal earthquake kills at least 128, toll could rise, officials say
Officials feared the death toll in Friday's quake could rise as they had not been able to establish contact in the hilly area near the epicentre, some 500 km (300 miles) west of the capital Kathmandu, where tremors were also felt. The district has a population of...
New Delhi blanketed by toxic haze, most polluted city in world
Many of the capital's 20 million residents complained of irritation in the eyes and itchy throats with the air turning a dense grey as the AQI hovered around 480 in some monitoring stations New Delhi: India's capital New Delhi was blanketed by a thick layer of toxic...
Australian companies, directors face new liability for nature-based risks
Directors could be held personally liable for breaching their “duty of care and diligence” under the Australian Corporations Act by not identifying and disclosing nature-based risks. The most egregious violations of director duties can carry large fines or lead to...
Q3 InsurTech investment surpasses USD1 billion on P&C surge
With wealthy backers writing enormous checks, InsurTechs could ignore the importance of loss ratios or customer retention. They – and their investors – could instead focus on metrics like growth and divergence and miss the extremely important lessons that ultimately...