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Optimism on financial performance declines; Industrial sector witnesses largest drop since Q3 2023, Dun & Bradstreet Survey
Arun Singh, global chief Economist, Dun & Bradstreet, said,...
Baba Ramdev’s Patanjali Ayurved forays into general insurance, buys majority stake in Magma General Insurance
Patanjali Ayurved, along with other investors, have bought...
EPFO likely to enhance investment limit in equities to 20 per cent
The proposal to revise the limit to 20 percent has been vetted and approved by the Employees' Provident Fund Organisation's (EPFO) advisory body Finance Audit and Investment Committee (FAIC) New Delhi: Retirement fund body EPFO is likely to approve this month a...
MHA adopts modified policy for appointment on compassionate ground
“ A holistic assessment of the financial condition of the family has to be made taking into consideration factors like presence of earning member(s), size of family, age of children and the financial needs of a family,” the guidelines said New Delhi: The Union Home...
Data leak of a billion Chinese nationals questions Xi’s ‘so-called’ claims of data security
With the latest data breach, the country with a nearly 1.4 billion population risks the personal information of nearly 70 per cent population. While experts said that it is unclear how many people have accessed or downloaded the database during the 14 months or more...
German Road Traffic Agency recalls Tesla models Y and 3, finds fault in their automatic emergency call system
The KBA watchdog said on its website dated June 29 that a software flaw was causing a breakdown of the eCall, which is designed to automatically contact emergency responders in the event of a serious accident FRANKFURT: Germany’s road traffic agency said it was...
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...
RNRC is covering nearly all Russian reinsurance business
Igor Yurgens, head of the All-Russia Union of Insurers, told the same meeting on Friday that insurance companies from India and China are also staying away from Russia amid fears they will fall under secondary sanctions State-controlled Russian National Reinsurance...
Over 50K startup employees stare at job loss as India prepares for 200 unicorns
Nearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJU's (White Hat Jr, Toppr), Unacademy, Vedantu, Cars24, Mobile Premier League (MPL), Lido Learning, Mfine, Trell, farEye, Furlanco and more Industry experts say...
LIC may unveil its new embedded value by July 15
Further to its earlier announcement on May 30th 2022, the corporation has informed that the exercise of determining the IEV as on March 31, 2022, may take some more time to get completed. Once completed and after requisite approvals, the required public disclosures of...
Employees in India feel showing more emotions at work boosts productivity: LinkedIn report
Globally, Indian and Italian workers come out on top as the funniest workers globally, with over a third (38 per cent) cracking a joke at least once a day Mumbai: Majority of employees feel that showing more emotions at work makes them more productive and boosts their...
The 5-day UN Ocean Conference took off today with the Governments of Kenya and Portugal being the co-hosts. Leaders from over 130 countries from across the world will deliberate for five days to find an international agreement on protecting the world’s oceans, seas...