Welcome to My Blog
Here is a masonry blog layout with no sidebarCompanies in India likely to give 9.8 pc salary raise in 2024: Willis Tower Watson report
''Companies across industries are still closely monitoring their cost structures. Within the IT sector, a noticeable correction is expected with salary increments reducing from approximately 11 to 12 per cent in the past to a projected 10 per cent for 2024,'' said...
India First Life gets GIFT City IFSC registration; to commence operation soon
The registration will enable India First Life to expand its reach globally, the company said in a statement. Mumbai: India First Life Insurance on Wednesday said it has received the registration to undertake life insurance business in the Gujarat International Finance...
Investment in Primary Health Care is cost-effective way to achieve Universal Health Coverage:Bharti Pravin Pawar
She mentioned that it is leading to improved population coverage, reduced out-of-pocket expenditure, mitigation of risk factors and decongestion of higher level of facilities, thus improving quality of care at all levels New Delhi: Investment in Primary Health Care...
Threat of haywire AI feeds calls for development pause, AXA Says
Artificial intelligence can provide lots of benefits of society, “but obviously we need to have very clear rules that these benefits are not being abused,” Thomas Buberl, chief executive officer of Paris-based AXA, said during an interview while visiting the campus of...
Deadly explosion off Nigeria points to threat from aging oil ships around the world
More than half the current fleet of FPSOs are recycled oil tankers, according to Oslo-based Rystad Energy, which keeps data on the ships. Senior analyst Edvard Christoffersen said that without a major repair, most oil ships have hulls built to last about 25 years. But...
Star Health profit rises 34% to Rs 125 crore in Q2
Anand Roy, MD and CEO of Star Health and Allied Insurance, said, "We've witnessed strong growth in the second quarter of FY23-24 in line with our strategy, resulting in a 17 per cent increase in our Gross Written Premium (GWP). We saw increased demand in retail...
AIs could soon run businesses – it’s an opportunity to ensure these ‘artificial persons’ follow the law
Many functions inside small and large companies have already been delegated to AI in part, including financial operations, human resources and network management, to name just three. AIs can now perform many tasks as well as humans do. For example, AIs can read...
Cyber attack: ‘Operation Triangulation’ can access memory, take control of iOS device, says Kaspersky
''The hardware-based security features of devices with newer Apple chips significantly bolster their resilience against cyber attacks. But they are not invulnerable. Operation Triangulation serves as a reminder to exercise caution when handling iMessage attachments...
1.68 lakh people died in 4.61 lakh road accidents in 2022: Road Ministry report
The report titled 'Road accidents in India -- 2022' said this marks an 11.9 per cent year-on-year rise in accidents and a 9.4 per cent increase in fatalities. There was a 15.3 per cent surge in the number of people getting injured in 2022. New Delhi: A total of...
Odisha to spend Rs 2000 crores for disaster resilient infrastructure: CM Naveen Patnaik
Moreover, automated weather and rain gauge stations will be set up in every panchayat and the World Bank will provide financial assistance for 3,000 panchayats in this regard, the Chief Secretary said Bhubaneswar: Odisha to spend Rs 2000 Crores for disaster resilient...
Biden signs sweeping executive order regulating artificial intelligence
The lengthy executive order, released on Monday, sets new standards on security and privacy protections for AI, with far-reaching impacts on companies. Developers such as Microsoft Corp., Amazon.com Inc and Alphabet Inc.’s Google will be directed to put powerful AI...
Chinese Online Insurer Shouhui considers Hong Kong IPO in 2024
Founded in 2015 in Shenzhen, Shouhui Tech offers full service in insurance from online consulting to purchasing and compensation, according to its its website. It acquired an internet hospital license in 2022 which allows it to offer online medical services. Shenzhen...
Insurers to provide details of basic features to customers from Jan 1, 2024
Policyholders will also be informed about policy coverage (like hospital expenses), exclusions (what the policy does not cover), waiting period, financial limits of coverage, claims procedure, and details about grievances/complaints redressal mechanism. Hyderabad:...
Market sentiment remains cautious amid West Asia crisis
Of the total FPI AUM of around $ 652 billion financial services account for $213 billion and IT accounts for $ 64 billion. It is important to note that stock prices in these segments are weak due to FPI selling and not due to any fundamental factors New Delhi: In the...
Participation of women in India’s workforce rose to 37 pc in FY’23: Pradhan
The rate of unemployment in the country has come down to 3.7 per cent in 2022-23 from 6 per cent in 2017-18, Union Education Minister Dharmendra Pradhan said Bhubaneswar: The participation of women in the country’s workforce increased to 37 per cent in the 2022-23...
Sompo International appoints Chiew as Head of Crisis Management, Commercial P&C Insurance, APAC
Pei Ru Chiew, head,Crisis Management, Commercial P&C Insurance in Asia Pacific, Sompo International “As Sompo International continues to pursue its global objectives, a top priority includes deepening our relationships in APAC. We are seeing growing demand for...
Future Generali appoints Akshaya Kashyap as chief people officer
Future Generali India Insurance Company (FGII) has appointed Akshaya Kashyap as its chief People Officer of the organisation, effective October 1, 2023. He has a rich and diverse experience in the Human Resource (HR) domain, spanning over 18 years, with almost a...
Net profit of Mahindra Insurance Brokers zooms 365% to Rs 28.6 cr in Q2
Mahindra Insurance Brokers Limited(MIBL) registered income at Rs289 crore in Q2FY24, as against Rs 94 crore during the corresponding quarter last year, a growth of 208% over the same period previous year. The profit after tax (PAT) during Q2FY 2023-24 , registered was...