The initiative offers Central Government employees a unified...
Category:
Workplace/Employee Benefits
India's robust economic growth, driven by record-beating figures, together with strong tax revenues, expanding digital infrastructure, and a resilient manufacturing sector, provides the new government a platform to launch next-generation reforms that could elevate the...
Cyclone ‘Remal’ Triggers Devastating Landslides in Mizoram, Claims 25 Lives
At least 25 people, including 14 in a stone quarry collapse, were killed in Mizoram on Tuesday due to landslides and incessant rain in the aftermath of cyclone 'Remal', state disaster management authority said. Several other people went missing in landslides, mostly...
Transformative years ahead for the insurance sector: Allianz Report
In all, the global premium pool is set to increase by almost EUR5trn.Most of this growth will be in the life segment (EUR1.887bn) with Asia ( Japan) remaining the growth engine for global life business (+7.3% p.a.). The region should account for half of absolute...
Share of organised employment in India on the rise: Finance Ministry report
The EPFO net payroll addition stood at 1.47 crore members during FY24, amounting to a year-on-year rise of 6.3 per cent from 1.39 crore members in the corresponding period of the previous year New Delhi: There has been a decline in annual as well as quarterly...
Blurb We’re seeing a lot of investment in Africa by China and India on infrastructure projects. Munich Re can utilise its expertise and presence in these markets to ensure that both reinsurance markets benefit from the investments, instead of it being one sided....
Losses from “grey zone” action prompt preparedness, cos expand political risk management capabilities: WTW report
Partly as a result of disruptions in the Red Sea, state-sponsored supply chain disruption appears as one of the main business concerns for 2024 and ‘grey zone aggression’, meaning any action used to weaken a country by any means short of war, has reached the top 10...
Warburg Pincus, Temasek buy insurance services firm SRG in £1 Billion Deal
The deal also comes amid increasing consolidation in the insurance space. Insurance giant Aviva Plc said this year that it would buy specialist insurer Probitas for £242 million. Over the past decade, larger insurers such as Catlin, Amlin and Novae have also been...
AI-intensive sectors are showing a productivity surge, PwC
The data suggested that the rise of artificial intelligence could help countries to break out of a rut of low productivity growth which would boost economic growth, wages and living standards, PwC said in a report published on Tuesday The types of business which are...
Delhi’s outdoor workers, low-income households bear brunt of deadly heat
Anna Walnycki, a principal researcher on IIED's human settlements team, said the alarming rise in extreme heat events in India due to climate change is significantly impacting health, wellbeing and productivity of all, especially those living in low-income and...
April Heatwave: Calls for comprehensive heat action plans
Extreme temperatures can also impact economies. People are less productive during hot weather, even if they work indoors, while children struggle to learn in extreme heat Annu Mishra kept her modest food stall shut as temperatures in Odisha's Bhubaneswar remained...