While heat wave was a recurring theme in many earnings transcripts,...
Category:
Workplace/Employee Benefits
Latest
Ambanis most valuable among family businesses in India
"The significant industry diversification of these family...
Household savings moving towards alternative investment avenues: RBI
Alternative investment avenues are becoming more attractive to...
Moderna CEO says vaccines likely less effective against Omicron
Moderna Chief Executive Stéphane Bancel Bancel added that the high umber of mutations on the protein spike the virus uses to infect human cells meant it was likely the current crop of vaccines would need to be modified. Vaccine resistance could lead to more sickness...
Coronavirus pandemic could cost global tourism $2 trillion this year:UN
Despite recent improvements, the report warned that demand for travel could be further affected by "uneven vaccination rates around the world and new COVID-19 strains which had prompted new travel restrictions in some countries UN:The coronavirus pandemic will likely...
Centre introduces unique face recognition technology for pensioners
The Minister said that the Department of Pension has been extensively using technology to achieve this end, be it the introduction of Digital Life Certificate, the introduction of an intelligent common software "Bhavishya" for all Government of India Ministries for...
Indian Govt’s health expenditure share in GDP rises from 1.15 pc to 1.35 pc: NHA report for 2017-18
The share of the government's health expenditure in the total health expenditure has increased to 40.8 per cent (2017-18) from 28.6 per cent (2013-14), the NHA report for 2017-18 said. New Delhi: The share of the government's health expenditure in the total GDP of the...
‘Omicron’ scare: DDMA decides to conduct RT-PCR test for all passengers from ‘high-risk’ countries
'It was decided to conduct 100 percent RT-PCR testing of passengers from high-risk countries, followed by genome sequencing of the positive cases and mandatory isolation/quarantine as per the guidelines laid down by the Government of India,'' an official said. New...
Over 5 lakh cos went out of biz, 7 lakh new cos registered in nearly 6 years: Official data
So far this financial year starting from April 1, 2021, a total of 22,557 companies have been deregistered, whereas 1,09,098 new companies have been set up. In the last nearly six years, the maximum number of companies were shuttered in 2017-18 at 2,36,262 and the...
Omicron poses “very high” global risk, world must prepare -WHO
"The overall global risk related to the new variant …is assessed as very high." To date, no deaths linked to Omicron had been reported, though further research was needed to assess Omicron's potential to escape protection against immunity induced by vaccines and...
Pandemic hits Profitability of life insurers in Q1 FY2022, New Business to resume growth in H2 FY2022:Icra
While the profitability for select private players remains at similar levels in FY2021 with PAT of Rs. 59.6 billion (Rs. 55.4 billion in FY2020), the median ROE for select private players had been declining since FY2018 due to losses at certain smaller players, and a...
Willis Towers Watson appoints Ben MacCarthy as Head of Casualty Asia
Luke Ware, Head of Corporate Risk and Broking Asia, added: “Casualty risks are constantly evolving and growing in number, scope and complexity. With his background and knowledge, Ben is well positioned to take this key aspect of our business forward, delivering...
COVID ‘Omicron’ variant: Centre advises States, UTs to enhance genomic surveillance of incoming passengers from ‘at risk’ countries
India has categorized 16 countries including some in Europe in "at-risk" category.The countries include the UK, France, Germany, Netherlands, Finland, South Africa, Brazil, Bangladesh, Botswana, China, Mauritius, New Zealand, Zimbabwe, Singapore, Hong Kong and Israel....