Finance Minister Nirmala Sitharaman “We have heard the voice of...
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Budget 2025: Insurers and experts hail game changing moves
The FDI limit being raised from 74% to 100% will prove to be a...
Union Budget 2025-26: Reshaping Indian insurance landscape
Tapan Singhel, MD&CEO, Bajaj General Insurance& Chairman,...
Meghalaya govt to power its remote health centres using solar technology
Irrespective of the difficult terrain, remoteness, vulnerability to climate risks and natural disasters of rural habitations, the intervention will greatly benefit from solar energy that can power critical healthcare services including immunization, maternal care,...
New COVID wave a reminder pandemic is ‘far from over’: Guterres
António Guterres,UN Secretary-General UN Secretary-General António Guterres said the summit was “a critical reminder that the COVID-19 pandemic is far from over. We’re seeing 1.5 million new cases each day. Large outbreaks are spreading in Asia”, he continued...
All adults can avail Covid-19 booster shots at pvt centres from Apr 10
"It has been decided that the precaution dose of Covid vaccines will be made available to the 18-plus population group at private vaccination centres. This facility would be available at all private vaccination centres," the ministry said New Delhi: Booster dose of...
Russia credit insurance shows 99% chance of default within year
Credit-default swaps insuring $10 million of the country’s notes for one year were quoted at about $7.3 million upfront and $100,000 annually on Wednesday, according to ICE Data Services’ prices on Bloomberg. That’s up from about $5 million in advance last week, the...
Nuanced, calibrated approach essential for launch of CBDC, says Reserve Bank DG
RBI is planning to come out with a central bank backed digital currency using blockchain technology in 2022-23. As far as India is concerned, he emphasised that RBI is looking at Central Bank Digital Currency (CBDC) as just as the digital form of paper currency and no...
Govt’s focus on affordable healthcare ensured significant savings for poor, middle class: PM
Prime Minister Narendra Modi On World Health Day, Prime Minister Narendra Modi pointed to some facets of this ''pathbreaking scheme'' such as more than 3.2 crore people got free treatment under the Ayushman Bharat Jan Arogya Yojana, over 18 crore Ayushman cards issued...
Govt may scale down size of LIC IPO to Rs 50,000 crore, may launch it in mid-May
The government and its advisers are considering seeking a valuation of about 1.25 to 1.5 times LIC’s embedded value, the people said. Officials are still discussing potential terms of the offering, and the fund-raising target could still change, the people said...
World Bank says war shocks to drag on Asian economies
The report forecasts slower growth and rising poverty in the Asia-Pacific region this year as “multiple shocks” compound troubles for people and for businesses. The report pointed to three main potential shocks for the region: the war, changing monetary policy in the...
Thailand cancels licenses of 2 P/C insurers
The firms were in serious financial trouble, which could have damaged their clients and the wider public, the Office of Insurance Commission said in a statement late Friday The government will be responsible for payments of outstanding claims and the revocation of the...
Climate change could cost U.S. budget $2 trln a year by end century: White House
"Climate change threatens communities and sectors across the country, including through floods, drought, extreme heat, wildfires, and hurricanes (affecting) the U.S. economy and the lives of everyday Americans," Candace Vahlsing, an OMB climate and science official,...