As specifically mentioned in the orders of the apex court, "grant...
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Japan’s 3 major casualty insurers plan to sell $9.5 billion of cross-held shares
Eliminating cross shareholdings is seen by many as a yardstick for...
Tax department notifies ITR-U; taxpayers can file updated ITR for 4 years
For ITR-U filed within 12 months and 24 months of the end of...
Healthcare providers to join US plan to manage AI risks – White House
Companies that sign the commitments pledge to develop AI uses responsibly, including solutions that advance health equity, expand access to care, make care affordable, coordinate care to improve outcomes, reduce clinician burnout and otherwise improve the experience...
Millions of people in China dropping out of state health insurance: VOA Report
As per statistics released by China's National Healthcare Security Administration, in 2022, China had 1.34 billion people enrolled in state-subsidized basic health insurance but that was 17.05 million fewer than in 2021 An associate professor at Central China Normal...
Investors richer by Rs 2 lakh cr as Sensex scales 71,000-peak
Optimistic trends in global markets after the US Federal Reserve kept its key interest rate unchanged and signalled rate cuts next year along with continuous foreign fund inflows have been fuelling the rally in stocks Foreign Institutional Investors (FIIs) bought...
Decision on old pension scheme to be taken in next budget session: Maharashtra CM in assembly
Maharashtra Chief Minister Eknath Shinde ''The state government is positive towards the demand of the state employees who went on strike today on reviving Old pension Scheme(OPS). We need some time to study the Subodh Kumar committee's recommendations. Additional...
US regulators add artificial intelligence to potential financial system risks
Janet Yellen,Treasury Secretary ,US The Financial Stability Oversight Council, which comprises top financial regulators and is chaired by Treasury Secretary Janet Yellen, flagged the risks posed by AI for the first time in its annual financial stability report It also...
Irdai to collect larger socio-economy data to push insurance penetration: Member
B C Patnaik, Member (Life) The rising customer expectations requires the insurers to work towards shorter processing time, doorstep delivery, niche and customized products to ensure more and more customer engagement,Tablesh Pandey, managing director, Life Insurance...
Nations strike deal at COP28 to transition away from fossil fuels
“It is the first time that the world unites around such a clear text on the need to transition away from fossil fuels,” said Norway Minister of Foreign Affairs Espen Barth Eide Representatives from nearly 200 countries agreed at the COP28 climate summit on Wednesday...
Mutual funds’ SIP collection soars to Rs 1.66 lakh cr in 2023; lower ticket size to push inflow
Earlier this month, Sebi Chairperson Madhabi Puri Buch said the regulator is working with mutual funds to make SIPs of Rs 250 viable for the general public, leading to increased investments Investors are placing significant bets on systematic investment plans, or...
Road crash deaths down by 5% globally, numbers in India continue to rise: WHO
Nine in 10 deaths occurred in low and middle-income countries, and fatalities in these countries are disproportionately higher when set against the number of vehicles and roads they have New Delhi: Thirty-five more countries made notable progress, reducing the deaths...
China offers insurance to rubber producers to encourage planting, output
The scheme for producers in Hainan and Yunnan provinces, the main rubber producing regions, will stabilize producers’ income and increase planting acreage to boost the country’s rubber production, according to a joint statement by the finance ministry, agriculture...