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Here is a masonry blog layout with no sidebarSanofi to pay over $100 million to settle about 4,000 Zantac cancer lawsuits
But the relatively modest settlement should please Sanofi investors, who’ve worried in the past about the financial fallout of thousands of US lawsuits targeting Zantac makers such as Sanofi and GSK Plc, which originally developed the product Zantac was recalled in...
Dubai floods expose weakness to changing climate
“Climate change is unsettling long-held assumptions about landscape and climate conditions that have informed the design and planning of buildings and cities for generations.” The heavy rains that flooded Dubai last week halted air traffic, damaged buildings and...
ICICI Pru Life’s net declines 26% to Rs 174 crore in Q4 FY24
Anup Bagchi, MD & CEO, ICICI Prudential Life Insurance The decline in value of new business margin is primarily on account of the shift in underlying product mix towards unit linked & par (participatory ) from non par business, decline in group term business...
Extreme weather may pose risk to inflation, says RBI Bulletin
Supply shocks play a significant role in shaping inflation dynamics, with first and second-round effects exerting distinct but interconnected influences on prices and economic activity. The first-round effects typically manifest as immediate changes in the prices of...
India’s Spice Board tells Everest, MDH to give details of quality checks
Hong Kong this month suspended sales of three MDH spice blends and an Everest spice mix for fish curries. Singapore has also ordered a recall of the Everest spice mix and advised against its consumption New Delhi: India's spice exports regulator has asked MDH and...
Bima Manthan: Panda to address 2-day summit of industry CEOs on Thursday in Hyderabad
Debasish Panda, chairman, IRDAI Narendra Modi led NDA government has identified insurance reforms, like composite license, 100 per cent FDI and allowing Captive insurance, high on its first 100-days agenda if it returns to power. The IRDAI has to prepare industry's...
Global plastic treaty: Agenda for Stakeholders
Backed by some environment groups, this coalition has called for common, legally binding provisions to “restrain and reduce the production and consumption of primary plastic polymers to sustainable levels.” They also are proposing measures such as phasing out...
World’s workers increasingly at risk as climate changes, ILO says
Workers, especially the world’s poorest, are more vulnerable than the general population to the dangers of climate extremes such as heatwaves, droughts, wildfires and hurricanes because they are often the first exposed or exposed for longer periods and at greater...
Swiss Re launches Swiss Re Life Guide Scout, a Generative AI-powered underwriting assistant
Catrin Hinkel, CEO Microsoft Switzerland, said, "By integrating Microsoft Azure OpenAI, Swiss Re can unlock the power of advanced analytics and Generative AI to provide new capabilities to the insurance market through a secure, compliant, and reliable cloud...
Indian insurance ecosystem shows limited appetite for pure risk policy: JM Financial
In the last three years, while individual savings and investments in fixed deposits or equities markets vary with market conditions, the investment in insurance products remained constant at 18 per cent of individual financing funds. Insurance has consistently...
Hybrid MFs see net inflow of Rs 1.45 lakh crore
Hybrid funds are mutual fund schemes that typically invest in a combination of equity and debt securities and sometimes in other asset categories such as gold Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments,...
Health Insurance: IRDAI bans hike in premium for an individual policy holder due to higher claims
In another major decision, the IRDAI's new regulations have clarified that after completion of sixty continuous months of coverage (including portability and migration) in health insurance policy, no policy and claim can be contestable by the insurer on grounds of...
WHO launches Patient Safety Rights Charter at Global Summit
“Everyone, everywhere, has the right to safety as a patient. The launch of the Charter is a tangible step forward in achieving a safer, more equitable world. The charter will be a key resource in assisting countries in integrating essential concepts such as patient...
Government establishes task force to address Brain Health issues
In the past three decades, most studies in India have shown a high disease burden for specific diseases including stroke, epilepsy, headache, Parkinson's disease, and dementia, mostly reported for the urban Indian population New Delhi: The Union Health Ministry has...
Health ministry asks states, UTs to act strictly against hospitals involved in illegal transplant
''It should be ensured that a unique NOTTO-ID for both donor and recipient is generated by the hospital from NOTTO website (www.notto.mohfw.gov.in), in all cases of organ transplant, whether from a living donor or deceased donor,'' the letter said New Delhi: The Union...
World Bank and IMF meetings fail to finalise a concrete plan for climate finance
Rich countries are expected to raise more than the $ 100 billion they promised to provide every year from 2020, but repeatedly failed The annual World Bank and IMF meetings have wrapped up without a concrete plan to mobilise the trillions of dollars needed to fight...
Many extreme events of 2023 in line with predictions of warmer world study finds
"Many of 2023's events are consistent with projected future changes in a warmer world, showing the challenges that are to come, while some were a surprise, suggesting there is still more to learn about what's potentially around the corner," Wenxia Zhang from the...
FPIs withdraw over Rs 5,200 crore in April so far from domestic equities
The major trigger for FPI selling was the tweak in India's tax treaty with Mauritius, which would now impose higher scrutiny on investments made in India via the island nation, Himanshu Srivastava, Associate Director, Manager Research, Morningstar Investment Research...