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Here is a masonry blog layout with no sidebarIFRS 17 to be implemented from Jan 1st, 2023:IASB
“We encourage companies to continue to press forward at current pace and use this additional time to strengthen their processes and procedures as well as allow for more testing, dry runs and contingencies. We also believe a shared effective implementation date for IFRS 17 and IFRS 9 will avoid temporary earnings mismatches that would otherwise exist and reduce implementation costs,” said Ralph Ovsec, Senior Director at insurance and reinsurance broker Willis Towers Watson.
Sensex, Nifty tumble over 5% as coronavirus fears grow
Coronavirus pandemic | Export sector starts feeling pinch of COVID-19: FIEO
Checking Coronavirus: ADB announces $6.5 bn package for developing member countries
“This pandemic has become a major global crisis. It requires forceful action at national, regional, and global levels,” ADB President Masatsugu Asakawa said.
“With our developing member countries, we are formulating an aggressive set of actions to combat the pandemic; to protect the poor, the vulnerable, and wider populations across the region; and to ensure economies will rebound as swiftly as possible.”
Stunned world grapples with ‘once-in-100-year’ coronavirus battle
“We have never lived through anything like this,” Spain’s Prime Minister Pedro Sanchez told a parliament chamber nearly empty with more than 90% of lawmakers staying away and a masked and gloved cleaner wiping handrails between speeches.
There was particular alarm in Italy, which has experienced an unusually high death rate – 2,503 from 31,506 cases – and was calling on student and retired doctors to help an overwhelmed health service.
Sensex plummets over 2,100 pts; Nifty drops below 7,900
India mulls up to $1.6 billion rescue plan for aviation sector after coronavirus – sources
Cash is king as emergency stimulus fails to stop market panic
Flooded toilets, dirty sheets: South Asia quarantine centres worry experts
Beijing hit by record imported coronavirus cases,claims zero China transmissions
British insurers suspend sale of Travel Insurance to new customers
Alamelu Panel recommends reduction of tax rates from 40% to 25 % for Indian FRBs
All private laboratories to offer Covid-19 diagnosis free of cost:ICMR
No decision to discontinue printing of Rs 2,000 banknotes: MoS Finance Thakur
Detailing about the denomination of lower-value currencies in circulation as on March 5, he stated that there are 19,624.77 million pieces of Rs 100 notes valued at Rs 1.96 lakh crore; 8,556.84 million for Rs 50 notes valued at Rs 42,784.20 crore; Rs 20 and Rs 10 denomination notes were valued at Rs 16,619.60 crore and Rs 30,510.79 crore, respectively.
No stone being left unturned to ensure people are healthy: PM on coronavirus fight
New Delhi: Prime Minister Narendra Modi on Monday said there has been a coordinated response to the coronavirus outbreak and asserted that "no stone is being left unturned" to ensure people are healthy. Modi also hailed the contribution...
Investor wealth tumbles Rs 9.74 trillion in two days as markets plunge
“The Indian markets continued to plummet on Tuesday tracking weak global cues. The markets across the globe are witnessing high volatility and the recent stimulus measures have failed to assuage the investor fears.
“On the domestic front, the markets will continue to follow the global cues and therefore further downside cannot be ruled out in the near-term,” according to Ajit Mishra, VP – Research, Religare Broking Ltd.
IRDAI proposes to simplify norms on deductions in health policies
In the health insurance contracts, where there is a sub limit for room rent, in the event policyholder occupying a room with higher tariff, than the one that he is eligible, health insurance products, subject to product design, may stipulate recovery of proportionate deductions in respect of various associated medical expenses, said IRDAI.
Coronavirus: India could be next virus hotspot with an ‘avalanche’ of cases
Apart from its sheer size, India’s other challenge is the density of its population: 420 people live on each square kilometer (about 0.4 of a square mile), compared with 148 per square kilometer in China. Its cities are crammed with slums and low-income housing clusters where the living conditions are tight.