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NPS corpus touches Rs 14.4 lakh crore with 8.4 cr subscribers in FY 25: PFRDA chairman
L TO R- Deepak Mohanty, chairman,PFRDA , Nagaraju Maddirala, Secretary, Department of Financial Services, Pankaj Chaudhary,Minister of State for Finance at 'International Research Conference on Pension 2025' organised by PFRDA and IIM, Ahemedabad in New Delhi Minister...
WHO initiates a new global coordination mechanism for health emergencies
Tedros Adhanom Ghebreyesus, Director-General, WHO The two-day simulation, Exercise Polaris, tested WHO’s Global Health Emergency Corps (GHEC), a framework designed to strengthen countries’ emergency workforce, coordinate the deployment of surge teams and experts, and...
Tariff Turbulence: Aircraft supplier Howmet may halt orders if hit by Trump tariffs
Howmet's rare legal declaration does not mean that supplies will automatically be halted or disrupted but opens the door to the supplier potentially claiming it cannot meet its contracts if impacted by the emergency order. any successful declaration of force majeure...
Investors’ wealth erodes by Rs 10 lakh cr as market benchmark indices sink over 1 pc
"The likelihood of retaliatory measures against the US has further heightened uncertainty. US bond yields and oil prices are trending downward, reflecting concerns over potential economic slowdown and increased recessionary risks," Vinod Nair, head of research, Geojit...
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Future Cars: Automakers design multisensory stress-reduction features for well-being of drivers
“True luxury now extends beyond aesthetics and performance,” says Bart Herring, vice president of sales and product at Mercedes-Benz USA. “It’s about the overall well-being for drivers and passengers.” The Lincoln Nautilus sports the same constellation grille, rounded...
Hackers target Australia’s major pension funds, steal savings from the biggest fund
AustralianSuper, the country’s largest fund managing A$365 billion for 3.5 million members, said that up to 600 member passwords had been stolen to access accounts and attempt fraud Hackers targeting Australia’s major pension funds in a series of coordinated attacks...
Scor under examination over former chair’s alleged acts related to a Covea deal
Denis Kessler, former chairman, SCOR Denis Kessler, who was SCOR’s chairman for 21 years until his death in 2023, Adrien Couret, CEO of mutual protection group Aema, and Jean-Claude Seys, co-founder of Covea, were said to have tried to derail the deal, according to...
Govt tightens biosecurity rules as bird flu spreads beyond poultry
Animal Husbandry and Dairying Secretary Alka Upadhyaya chaired a high-level meeting where officials agreed on a three-pronged strategy to tackle the crisis.The approach includes implementing stricter hygiene practices and biosecurity protocols at poultry farms to...
ED conducts raids in Jharkhand Ayushman Bharat ‘fraud’ case, MD India, Safeway, Medi Assist under scanner
The ED, agency sources said, suspects that "proceeds of crime" were generated through systematic "fraud" within the Ayushman Bharat scheme through "manipulation" of hospital empanelment and processing of "fake" claims facilitated by a "nexus" demanding commissions and...
SC says no to plea for barring kids below 13 from using social media
A bench of Justices B R Gavai and Augustine George Masih, however, granted a liberty to the petitioner to make a representation to the authority concerned New Delhi: The Supreme Court on Friday refused to examine a plea seeking to prohibit children below 13 from using...
Govt appoints IRDAI’s Randip Jagpal and EPFO’s Sanjay Pandey as Members of PFRDA
Earlier in the week, the government appointed Deputy CAG S Ramann as Chairperson of PFRDA for a five-year term New Delhi: The government, on Thursday, has appointed Randip Singh Jagpal, executive director at IRDAI, and Sanjay Pandey, financial adviser and chief...
Has Health Insurance Become Unaffordable
Insurers are addressing the issue of cost push in health insurance by designing flexible policies that cater to diverse consumer needs, such as high-deductible plans, structured co-payment models, and tailored coverage for specific medical conditions Rakesh Jain, CEO,...
Global cyber insurance market to reach $ 16.3bn in 2025,says Munich Re
Thomas Blunck, CEO, Reinsurance, Munich Re: “As digitalization advances, cyber protection against one of the biggest threats to economy and society is becoming more and more important. And yet, a large number of organizations lack adequate safeguards and coverage....
Narendra Bharindwal appointed as president of IBAI
Narendra Kumar Bharindwal, President, Insurance Brokers Association of India Led by US based Marsh, the largest re/insurance broker in the world, Indian re/insurance brokers manage almost over Rs50,000 crore of premiums annually. Over 95 per cent of premium is managed...
Chinese military conducts large-scale drills around Taiwan
China considers Taiwan a part of its territory, to be brought under its control by force if necessary, while most Taiwanese favor their de facto independence and democratic status. Any conflict could bring in the U.S., which maintains alliances in the region and is...
Developing countries’ climate targets at risk without enough finance from developed world India
Together, BRICS nations account for 47 per cent of the world’s population and contribute around 36 per cent of global GDP in purchasing power parity terms. By 2050, BRICS will play a key role in the energy sector, with 54 per cent of global oil production, 53 per cent...
Announcements by US to have substantial implications for global trade: WTO DG
"While the situation is rapidly evolving, our initial estimates suggest that these measures, coupled with those introduced since the beginning of the year, could lead to an overall contraction of around 1 per cent in global merchandise trade volumes this year,...