Welcome to My Blog

Here is a masonry blog layout with no sidebar

Limiting global warming to 1.5°C requires “rapid & far-reaching” transitions in land, energy, industry, buildings, transport & cities:IPCC

by | Oct 8, 2018 | , , , , ,

“One of the key messages that comes out very strongly from this report is that we are already seeing the consequences of 1°C of global warming through more extreme weather, rising sea levels and diminishing Arctic sea ice, among other changes,” said Panmao Zhai, Co-Chair of IPCC Working Group I.

China and India lead in Asia’s health protection gap

by | Oct 8, 2018 | ,

A report by the reinsurer, titled, “Asia’s Health Protection Gap: Insights for building greater resilience”, shows that both China and India  have a high share of out-of-pocket expenses—30% in China and 65% in India—which are much higher than that of mature markets globally at 10-14%. In addition, China and India represent more than 75% of total nontreatment cases in Asia, affecting around 32m households.

Aadhaar may be India’s gift to Africa that even China’s $125 bn can’t beat

by | Oct 7, 2018 | ,

India’s Aadhaar biometric identification system has given hundreds of millions of citizens a portable digital ID, allowing them to receive government services, join the banking system and otherwise partake in the formal economy. The need for similar technology in Africa is acute: According to the World Bank, the continent is home to 502 million of the world’s identity-less individuals, half of the global total and roughly 40 per cent of Africa’s population. The problem is worse for women, who in many African countries are critical to family finances. In low-income countries surveyed by the World Bank, over 45 per cent of women lacked identification, compared to 30 per cent of men.

Flipkart forays into insurance distribution, ties up with Bajaj Allianz

by | Oct 7, 2018 | , ,

“In line with our customer-first policy and as the market leader in this segment, insurance felt like the logical next step in providing consumers with excellent after-sales care for their phones. The plan, from purchase to claim, will be completely integrated into our online platform…” Flipkart Senior Vice President and head of Fintech Ravi Garikipati said.

Transforming the Insurance Ecosystem

by | Oct 6, 2018 | ,

Given this scenario, insurance carriers may consider employing a few core mobility technologies of digitalisation such as app refactoring, rapid application development platform (RADP), and unified mobile app model, to bring in true digital transformation without compromising on the inherent advantages of MAM/MDM

LIC makes Rs 12,602 cr open offer for 26% stake in IDBI Bank

by | Oct 4, 2018 |

LIC made a public announcement for the open offer to shareholders, including retailers, as per the Sebi’s regulations with regard to substantial acquisition and takeover of shares in a company.According to the open offer, LIC proposes to acquire more than 204 crore equity shares of Rs 10 each, equivalent to 26 percent equity of IDBI Bank.