Complementing the Bengaluru expansion, FM will also open a new...
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Govt clears appointments of 5 EDs in PSU general insurance cos
The government on Tuesday has cleared the appointments of five...
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...
Leading reinsurers and Aon join hands to implement Open Exposure Data, to reduce costs and increase transparency
The Open Exposure Data Standard will also lower barriers of entry for model developers – including commercial vendors, third-party data providers and academia and other research institutions. Initial testing on reinsurance placement data for Japan, Australia and China...
Bermuda (Re)insurers see improved pricing, performance in 2023
Market pricing surged at the January 2023 reinsurance renewal, shifting to a true hard market in property and some specialty lines with supply constrained and demand growing. Importantly, terms and conditions saw structural changes that benefited (re)insurers....
First Covid, now layoffs: Indian professionals undergo tremendous stress, anxiety
Saumya Mudgal, Senior Consultant, Psychiatry, Max Hospital in Gurugram said there has been a drastic increase in the number of patients coming from MNCs. "These patients are usually presented with the issues of panic anxiety and panic disorder with agoraphobia and...
Considering downgrading Covid-19 to same category as seasonal influenza: Japan’s PM Fumio Kishida
Fumio Kishida, Prime Minister,Japan Currently, Covid is given the second rank which is equal to tuberculosis and avian influenza. Further, the officials plan to put it at the fifth rank, equaling to seasonal influenza, CNN reported quoting Japan's Health Ministry. "In...
B’desh asks Russia not to send cargo through ships under US sanctions
His comments came weeks after Moscow last month sent a ship to deliver equipment for Bangladesh’s Rooppur nuclear power plant, which is being built with Russian assistance, but Dhaka refused to accept the vessel due to the US sanctions Dhaka: Bangladesh on Sunday...
Climate change:Punjab’s cotton maize yield to dip by 11-13 by 2050, says report
One of the most intriguing findings is that changes in minimum temperature have resulted in changes in mean temperature throughout all growing seasons. It means that the minimum temperature has shown a rising trend," the report said A rise in minimum temperature is...
India on top gear in its drive to achieve ambitious 2030 milestones
For a market that already has over 13 lakh EVs including 2Ws, 3Ws, and 4Ws, and continues to grow, the coming years hold tremendous promise If Maruti launches its first EV priced below Rs 10 lakh, it can be a potential game-changer. Currently, Tata Tiago is the only...
Budget Wishlist: Insurers expect for tax concessions to push industry’s growth
Scrapping or slashing of Goods and Services Tax (GST) on insurance premiums, making pension/annuity proceeds tax-free, and creating a separate category for tax deduction for premium paid are some of the budget wishlist of Indian insurers The industry players are also...
China’s National Bureau of Statistics refuses to reveal number of deaths occurred in December, 2022: Report
The National Bureau of Statistics reported a total of 10.41 million deaths in 2022, averaging 867,500 deaths per month. The announced 59,938 COVID-19-related deaths over a month, showcased 7 per cent of 2022's monthly average deaths, which is in no way consistent with...
First Indian intranasal Covid-19 vaccine to be launched on Jan 26
Earlier, Bharat Biotech had announced that it would sell the intranasal vaccine for Rs 325 per shot for procurement by the government and Rs 800 per shot for private vaccination centres Homegrown vaccine for the lumpy skin disease in cattle, Lumpi-ProVacInd, is likely...