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Here is a masonry blog layout with no sidebarIndia’s social security coverage increased from 19 pc to 64 pc in 10 years
According to an official statement, ILO has acknowledged India's achievement and officially published on its dashboard that 64.3 per cent of India's population, i.e. over 94 crore people, are now covered under at least one social protection benefit. It is an...
SBI General Insurance appoints Mohd. Arif Khan as its deputy CEO
Mohd. Arif Khan, deputy chief executive officer, SBI General Naveen Chandra Jha, MD & CEO, SBI General Insurance, said, "His vast experience across diverse banking functions, strong strategic expertise, and deep understanding of the business, will be instrumental...
India’s population to reach 1.46 billion, fertility rate falling below the replacement level of 2.1.
The country's 68 per cent of the population is of working age (15-64), providing a potential demographic dividend, if matched by adequate employment and policy support. New Delhi: India's population is estimated to reach 1.46 billion in 2025, continuing to be the...
ChatGPT suffers global outage including in India, OpenAI ‘investigating’
"We are investigating," said the company. About 88 per cent of complaints from India cited the chatbot not responding to queries, 8 per cent reported issues with the mobile app, and 3 per cent faced API-related problems New Delhi: OpenAI’s popular chatbot ChatGPT...
Beazley hires a new parametric insurance head
Stefan Wunderlich,head of Parametric Insurance Beazley has a long-term commitment to the property market, having trebled the size of its property underwriting since 2022. This commitment has seen it build a strong position in the US E&S market, roll out specialist...
Climate change altering laws of mortgage risk: Fitch
Fitch is now in the process of integrating physical climate risks into credit assessments. The move reflects an evolving concern among ratings firms and regulators alike that climate change is hitting the mortgage market — and the bonds that finance it — in ways that...
UK judge warns of risk to justice after lawyers cited fake AI-generated cases in court
High Court justice Victoria Sharp said the misuse of AI has “serious implications for the administration of justice and public confidence in the justice system.” Lawyers have cited fake cases generated by artificial intelligence in court proceedings in England, a...
FM asks financial sector regulators to standardise KYC, refund of unclaimed assets to rightful owners
Lto R--Ajay Seth, Finance secretary, Sanjay Malhotra, Governor, Reserve Bank of India,Nirmala Sitharaman,Union Finance Minister,Pankaj Choudhary,Union Minister of State for Finance and Nagaraju Maddirala, Secretary, Department of Financial Services at the 29th FSDC...
Dai-ichi Life and Capgemini sign multi-year agreement to establish a GCC in India to drive international digital transformation
Tetsuya Kikuta, President and CEO, Dai-ichi Life Holdings "This strategic partnership with Capgemini supports our long-term ambition to build differentiated, internal capabilities through the establishment of our Global Capability Center," said Tetsuya Kikuta,...
Sumit Madan appointed as MD&CEO of Axis Max Life Insurance
Sumit Madan, CDO and CEO designate, Axis Max Life Insurance Sumit had joined Axis Max Life in February 2024 and brings over 25 years of extensive experience in banking establishing and scaling businesses with strategic clarity, people-centric leadership and...
FM asks NIIF to leverage its sovereign-backed design, explore diversified finance sources
Nirmala Sitharaman,Finance Minister The Governing Council appreciated NIIF's evolution as a sovereign-linked asset manager and acknowledged the efforts made over the years to build strong partnerships with marquee investors like Abu Dhabi Investment Authority, pension...
Life insurers record 11 pc rise in new premium collection in April-May
The private sector life insurance industry, led by HDFC Life (with a total premium of Rs 4966 crore), has grown by 12 per cent y-o-y to Rs 20, 411 crore during the first two months of the fiscal. State owned Life Insurance Corporation(LIC) has increased its premium by...
Motor Insurance: Driven by technology
One of the most notable societal benefits of telematics in motor insurance is its ability to influence driving behavior positively. By tracking metrics such as speed, braking patterns, and adherence to traffic rules, insurers can encourage safer driving habits....
IMD DG Mohapatra receives UN’s Sasakawa Award-2025 for Disaster Risk Reduction
Mrutyunjay Mohapatra, director general of Meteorology, India Meteorological Department This accolade not only recognizes Mohapatra’s insightful leadership but also reaffirms India’s growing role in advancing global disaster risk management New Delhi: Mrutyunjay...
Fire erupts on Singapore-flagged container vessel off Kerala coast; 18 rescued, 4 missing
The 270-metre-long vessel, with a draught of 12.5 metres, had left Colombo on June 7 and was en route to Mumbai, expected to arrive on June 10 Kochi: A major fire broke out on board a Singapore-flagged ship after a container explosion off the Kerala coast on Monday,...
BackBlue Ocean Finance Commitment surges beyond USD$3 trillion in assets under management
BNP Paribas, Eurazeo and Mirova are the latest financial institutions to join the Commitment which ensures a regenerating and sustainable ocean has a seat at the table in finance and insurance decisions. They join existing endorsers including Deutsche Bank, Standard...
India is a strategic focus for World Business Council for Sustainable Development, says President CEO Peter Bakker
Peter Bakker. President and CEO, World Business Council for Sustainable Development WBCSD is mobilizing members in India to advance efforts in measuring and managing physical risk across value chains.These risks arise from the physical impacts of climate change and...
Digital payments are now the norm: Nirmala Sitharaman
Nirmala Sitharaman,Union Finance Minister “India is embracing a cashless revolution. With Rs 70,000 crore+ worth UPI transactions daily and 59.6 crore transactions in a single day, digital payments are now the norm,” the minister added. New Delhi: Union Finance...