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Govt says Russian oil suppliers must provide sanctions-compliant cargoes
Indian refining officials said they have told Russian oil suppliers...
Taiwan to deploy investment from insurance funds to help finance island’s green energy
Taiwan is phasing out coal-fired power stations and shifting to...
India Inc improving ESG disclosures gradually: Crisil
Assessment of 586 cos shows 14 in ‘leadership’ category, 73 ‘below average’ and ‘weak’ Said Amish Mehta, Managing Director and CEO, CRISIL, “ The uptake of sustainability in decision making is very piecemeal in India Inc because of a lack of stewardship, and fiduciary...
Global economic growth downgraded due to spillover from Ukraine war
Global inflation is also set to reach 6.7 per cent this year, or twice the average of 2.9 per cent during the period from 2010 to 2020, with sharp rises in food and energy prices The war is also unfolding at a time when global carbon dioxide (CO2) emissions are at a...
Govt to press ahead with strict cybersecurity rules despite industry concerns
New Delhi has said the new rules were needed as cybersecurity incidents were reported regularly but the requisite information needed to investigate them was not always readily available from the service providers NEW DELHI: India will not change upcoming cybersecurity...
EAC-PM recommends a guaranteed employment scheme and universal basic income to reduce inequality in India
The report also noted that raising minimum income and introducing universal basic income are some of the recommendations that can reduce the income gap and equal distribution of earnings in the labour market "Most importantly, the government must allocate more...
Drones to save lives by providing urban-grade healthcare in India’s rural areas: WEF
Eight healthcare centres covering a population of over 3,00,000 people took part in the 45-day trial in which health workers delivered vital vaccines and medicines by drone It was conducted as part of a wider programme, Medicine from the Sky, led by the WEF's Centre...
Global food safety net: Getting Thinner
So-called “multiple breadbasket failures” are likely to become sharply more likely at higher levels of global warming. At 2 degrees of warming, the risk that five of the world’s corn-producing regions fail simultaneously goes from a once-in-16-years to a...
After muted debut, LIC investors seek Aramco-style dividend
Ashishkumar Chauhan, MD and CEO, BSE, MR Kumar, Chairperson, Life Insurance Corporation and Tuhin Kanta Pandey, DIPAM Secretary pose after the company's IPO listing ceremony at the BSE in Mumbai With the demand for a handsome payout, LIC investors are taking a leaf...
Costa Rica Cyber ransomware highlights sovereign cyber-risk: Fitch
Newly inaugurated President Rodrigo Chaves Robles declared a national emergency on 8 May in response to the continuing ransomware attack, for which Russia-based international criminal group Conti has claimed responsibility The number of ransomware attacks more than...
Poor workers bear the brunt of India’s heatwave
More than two dozen people have died of suspected heat strokes since late March, and power demand has hit multi-year highs Federal government data showed that heat stress was the most-common cause of death, after lightning, from forces of nature in the last twenty...
Cryptos pose a bigger threat to the stability of country’s financial system, say RBI officials to Parliamentary panel
Pointing out that cryptocurrencies have the potential to be a medium of exchange and replace the rupee in financial transactions both domestic and cross border, central bank officials said these currencies "can replace a part of monetary system it will also undermine...