The government on Tuesday has cleared the appointments of five...
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India’s financial inclusion index improves, surges to 67 from 64.2 in March 2024: RBI
It captures the level of financial inclusion using data from...
Natural disasters like floods emerge as top reason for buying home insurance in India: Survey
The survey highlighted that 41 per cent of the respondents in last...
‘India’s aircraft fleet doubled in past nine years, pvt investment to be over Rs 70k cr’
Domestic air travel in India has soared by an astonishing 130 per cent, with an estimated annual count of 145 million passengers exploring the country's skies "Additionally, international passenger movement has experienced a noteworthy upswing, registering a 50 per...
Global Alzheimer’s disease market to reach $13.7bn by 2030: Report
The growth will be particularly seen across the eight major markets such as the US, France, Germany, Italy, Spain, the UK, Japan, and China New Delhi: The Alzheimer's disease market is projected to experience robust growth at a compound annual growth rate of 20 per...
El Nino is back in action, threaten food productions across Asia
Experts say that a strong El Nino could hit sugar production in India and Thailand, and possibly disrupt the sugarcane harvest in Brazil. They also see risks for coffee production in Vietnam, the world's second-largest producer LONDON: El Nino has officially returned...
Higher risk of disabilities, cancer in men born during Bhopal gas disaster: Study
“There were serious long-term and chronic health consequences for hundreds of thousands of survivors, including respiratory, neurological, musculoskeletal, ophthalmic and endocrine impacts,” said study co-author Prashant Bharadwaj, professor in UC San Diego’s...
MS Amlin launches new AI-powered claims triage process to support operational transformation
The new state-of-the art-triage process embeds an artificial intelligence (AI) model, which assesses and assigns claims based on certain criteria and proprietary scoring algorithms, into MS Amlin’s claims workflow LONDON: MS Amlin, the Lloyd’s global (re)insurer,...
Bangladesh, World Bank sign $858M to enhance climate-resilient agricultural growth and road safety
“These two projects will be important to help the country remain on a sustainable growth path through boosting climate-resilient agricultural productivity and enhancing the income of hundreds and thousands of farmers as well as protect the people and the economy from...
Meghalaya extends 100% subsidy in premium for crop insurance to state’s farmers
The estimated amount of premium support by the Government of Meghalaya of Rs. 4.4 crores is based on the enrolment target of 27,000 number of farmers for Kharif season 2023 and 10,000 number of farmers for the Rabi season 2023-24.With over 80% of the population of the...
RBI expands scope of TReDS, includes insurers as participants
''Apart from MSME sellers, buyers and financiers, insurance companies are permitted to participate as ''fourth participant'' in TReDS,'' it said in a circular Financiers place their bids on the TReDS platforms keeping in view the credit rating of buyers. They are...
FSIB selects Ramaswamy for GIC Re top post, Rajeswari Singh as NIC CMD
N Ramaswamy, general manger, GIC Re Four senior officials who had appeared for the virtual interview are- N Ramaswamy, general manager, GIC Re, Hitesh Joshi, general manger, GIC Re, M Rajeswari Singh, general manger & director, United India Insurance, BS Rahul,...
RBI Governor launches financial inclusion dashboard Antardrishti
Shaktikanta Das, Governor, Reserve Bank of India The FI-Index has been conceptualised as a comprehensive index incorporating details of banking, investments, insurance, postal as well as the pension sector in consultation with the government and respective sectoral...