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Trade war risk rises for global macro, credit outlook, cautions Fitch
Notably, these uncertainties come at a time of slowing US and...
FPIs withdraw Rs 21,272 cr from equities in Feb; total outflow nears Rs 1 lakh cr in 2025
Vipul Bhowar, Senior Director - Listed Investments, Waterfield...
India remains fastest growing economy with 13.5% growth in Q1
The government is expecting the economy to grow at 7-7.5 per cent in 2022-23, in line with its projections made at the beginning of this financial year. India's $3.3 trillion economy, with a per capita income of around $2100, has grown less than 2% a year in real...
Health insurance needs to provide covers for geriatrics care and pre-existing diseases, IRDAI chief
Debasish Panda, Chairman, IRDAI Health insurance sector has the potential to grow at a CAGR of 30-35 per cent with 3 A’s - Awareness, Accessibility and Affordability IRDAI has come up with BIMA SUGAM- an all in one insurance platform, where one can sell all products...
Wildfire, floods don’t need to turn into disasters: UN risk report
“Disasters occurring in completely different parts of the world at first appear disconnected from each other. But when you start analyzing them in more detail it quickly becomes clear that they are caused by the same things, for example greenhouse gas emissions or...
India can become an upper-middle-income country by 2047: Bibek Debroy
Bibek Debroy,Chairman,EAC-PM The country can become a USD 20 trillion economies by 2047 at this growth rate, he added. India, the world's sixth largest economy with a GDP of USD 2.7 trillion, is currently classified as a developing nation. New Delhi: India can become...
A former Swiss Re underwriter wins sex discrimination suit
“We note the tribunal’s conclusions, and we are giving them full and careful consideration,” Swiss Re said in a statement. The firm “does not tolerate discrimination of any kind and is committed to providing an equal and inclusive workplace for all employee A former...
US likely to probe Apple over anti-market practices
European antitrust watchdogs have filed antitrust cases against Apple over its App Store fees and the iPhone's treatment of tap-to-pay technology After taking on Meta (Facebook) and Google with antitrust lawsuits, the US Department of Justice (DOJ) is reportedly...
Has China’s Belt & Road Initiative lost its lustre?
While there is little doubt that, during its lifetime, the BRI has become the largest transnational infrastructure programme ever undertaken by a single country, said the Forum's President Lord Bruce, in recent years evidence is mounting to show that China is actually...
Wage Revision: Deadlock continues as PSU general insurance unions insist pay parity with LIC
In a meeting convened by the GIPSA on Saturday to discuss about the restructuring of four PSU general insurance companies, Suchita Gupta, CMD, National Insurance Company and chairperson, GIPSA, had informed the unions that the offering of 12 per cent wage hike to the...
India’s GDP to grow at 7.4 pc in this fiscal: Sitharaman
Nirmala Sitharaman,Union Finance Minister "India is still the fastest growing economy. We are definitely at the range of 7.4 per cent (GDP). The level will continue even the next year." New Delhi: Highlighting the recovery of the economy and flow of investment...
2050 net-zero target can boost India’s GDP by 7.3 pc by 2032: Report
India will need around USD 10.1 trillion in cumulative economy-wide investment to meet its 2070 target. While India could decarbonise using carbon revenues or other domestic tax-raising mechanisms to fund green investments, leveraging international support would free...