Pralhad Joshi ,Union Minister of Food and Consumer Affairs The...
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British PM Starmer scraps health body in search of savings and better care
Keir Starmer, Prime Minister, UK "I can't, in all honesty,...
RBI Gov urges common pool of climate-focused projects to enhance financing
Sanjay Malhotra, Governor,RBI Speaking at a Reserve Bank Of India...
Finance ministry asks CPSEs, govt depts to exempt PSU gen insurers from 1.5 solvency requirement in official tenders
The Government has recently infused capital in these three general insurers and stands committed to provide more capital, as may be required, said an ``office memorandum'' signed by Mandakini Balodhi , director(Insurance), MoF. High solvency ratio makes three of the...
Karnataka govt approves setting up of 438 ‘Namma Clinics’
''We have permitted the start of 438 U-HWCs called Namma Clinic in Karnataka that we had announced in the budget under the 15th Finance Commission grants. Accordingly, we have given sanction for appointment of 438 doctors, equal number of nurses and second division...
WHO says Monkeypox cases in Europe tripled in last two weeks
To date, more than 5,000 monkeypox cases have been reported from 51 countries worldwide that don't normally report the disease, according to the U.S. Centers for Disease Control and Prevention. Kluge said the number of infections in Europe represents about 90% of the...
Saving Ocean: Global emergency
Among the challenges the Ocean faces are coastal erosion, rising sea levels, warmer and more acidic waters, marine pollution, overexploitation of fish stocks and decrease of marine biodiversity Recognizing the past “collective failure” in the Conference’s final...
COVID-19 Pandemic: Risk lessons in a complex, inter-connected world
Today’s interconnected world is an evolving system, and disastrous events are often the results of systemic failures. The new UN report shows that It’s time to develop a deeper understanding of systemic risks, how they trigger other hazards and shocks, often in...
Govt replaces BBB with Financial Services Institutions Bureau(FISB) for selecting top management of PSU banks & insurers
FSIB will be a single entity for making recommendations for appointments of executive directors, and non-executive chairmen in PSU banks, CMDs, general managers and directors of public sector insurers, said the DoPT order With setting up of FISB, the selection...
Populous Chinese province kicks off disaster insurance trials
The cities are encouraged to boost insurance coverage as much as their financial resources allow, the Henan government said China’s third-most populous province Henan will launch pilot programs for catastrophe insurance in six cities that were the hardest hit by...
Make cancer notifiable disease, waive GST on drugs, check radiation therapy cost: Par panel to govt
According to various health organisations, including the World Health Organization, cancer cases are gradually rising in India and it is one of the leading causes of death, with 7.84 lakh fatalities recorded in 2018, and 13.92 lakh cases reported in 2020 At the...
Russia defaults on foreign-currency sovereign debt for 1st time since 1918
Russia has pushed back against the default designation, saying it has the funds to cover any bills and has been forced into non-payment. As it tried to twist its way out, it announced last week that it would switch to servicing its $40 billion of outstanding sovereign...
Crypto exchanges hunker down as everything goes wrong in India
That a crypto marketplace should be in cost-cutting mode is hardly a surprise — Coinbase Global Inc. and Crypto.com have announced layoffs in the last two weeks alone — but Indian exchanges face the added burden of a new tax system that executives fear will wipe out...