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Chinese researcher claims first gene-edited babies
The researcher, He Jiankui of Shenzhen, said he altered embryos for seven couples during fertility treatments, with one pregnancy resulting thus far. He said his goal was not to cure or prevent an inherited disease, but to try to bestow a trait that few people naturally have — an ability to resist possible future infection with HIV, the AIDS virus.
`Sagarmala’ identifies over 600 projects with Rs 8 lakh crore investment by 2020
Factbox: Key Elements of EU-UK Draft Deal for Post-Brexit Relationship
The EU and UK “agree to develop an ambitious, wide-ranging and balanced economic partnership … encompassing a free trade area as well as wider sectoral cooperation … underpinned by provisions ensuring a level playing field for open and fair competition.It would respect “the integrity of the (European) Union’s Single Market and the Customs Union as well as the United Kingdom’s internal market, and recognize the development of an independent trade policy by the United Kingdom beyond this economic partnership.The EU and UK will “retain their autonomy and the ability to regulate economic activity.”
India Inc increasing focus on employees’ emotional and financial wellbeing:Willis Towers Watson
The study found that in 2018, over 80% of the organisations have taken at least one action in the following areas – health risks or condition management; weight management, physical activity and nutrition; and, managing employee stress and mental health. While 61% have taken at least one action to improve the financial wellbeing of employees in 2018, it is a concern that almost half of the surveyed organisations still do not have a formally articulated health and wellbeing strategy.
Allianz receives approval for China’s first fully-owned foreign insurance holding co
Kejriwal announces old pension scheme will be restored in Delhi
Air pollution affects life expectancy worse than smoking, terrorism: Study
According to the new Air Quality Life Index (AQLI), developed by researchers at University of Chicago in the US, particulate air pollution cuts global average life expectancy by 1.8 years per person. The AQLI reveals that India and China, which make up 36 per cent of the world’s population, account for 73 per cent of all years of life lost due to particulate pollution.
Indian automotive aftermarket may touch Rs 75,000 cr by 2020: Report
FPIs’ bullish stance continues; pump in Rs 63.10 bn in Nov on crude, rupee
“The idea of sandbox regulation is good as it allows to introduce new products’’
“I can’t say anything about the time-frame for the merger process to complete. I can only say that a process has started with appointment of a consultant. Definitely the largest general insurer will emerge in terms of market share.Once it happens, the merged entity will be the largest entity with 31 per cent market share when compared to the 16 per cent market share as being enjoyed by New India Assurance”
LIC’s Global Call
We have to make LIC , a global financial conglomerate!! LIC has achieved a cult status as far as life insurance is concerned. Now I dream of a day when LIC of india will acquire a similar status as a conglomerate. This is my ultimate vision for LIC @ 75… A place where all kinds of people, with all kind of needs and in all kinds of places: are served under just one roof…that of LIC of india…and they need not go anywhere else, ever!!!
3 consultants in final race to bag PSU gen insurers merger deal
Three consultants, Boston Consulting Group, Ernst & Young and Oliver Wyman, a part of the Marsh & Mclenan Group, are in a race to prepare strategies for facilitating the proposed merger of three state owned general insurers-National Insurance Company(NIC), Oriental Insurance Company(OIC) and United India Insurance (UII).
Generali Earmarks €4 Billion ($4.6 Billion) for Acquisitions, Growth
“Asset management is increasingly complementary and by the end of 2021 we will be an insurance and asset management group,” Chief Executive Philippe Donnet said.
Donnet, who took over as CEO in 2016, has been selling off non-core assets over the past two years to focus on capital-light products, new services and fee-based businesses.
UK Companies Prepare for Disorderly Brexit and Supply Chain Disruptions
ESIC data suggest 16 mn new jobs created in 13 months till Sept: Report
Since April, 2018 the Ministry of Statistics has been bringing out the employment related statistics in the formal sector covering the period September 2017 onwards, using information on the number of subscribers, who have subscribed under three major schemes, namely, the Employees’ Provident Fund Scheme (EPF), the Employees’ State Insurance Scheme (ESIC) and the National Pension Scheme (NPS).
IMD develops technology to assess rise of water level in rivers, reservoirs by rain
“We should be able to generate a scenario where we can take decisions to release water or not release it. It will be helpful for every state authority to take decision. We can run this system in pre-event scenario. We are now in a position to use to this technology into service,” Ramesh said at an event organised by the Centre for Science and Environment.