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Here is a masonry blog layout with no sidebarWorld Bank signs financing agreements to strengthen Nepal’s health system
The program emphasizes improving the readiness of the health system for delivery of quality healthcare, enhancing coverage of health insurance, and strengthening health emergency preparedness and response capacity at the selected provincial and local levels Kathmandu:...
China basic pension fund posts 0.33% investment gain in 2022
The basic pension fund manages a total 1.62 trillion yuan by the end of 2022, and has posed an annual average gain of 5.4% since the end of 2016, when the national social security fund started to manage the pension's investment The basic pension fund managed by...
Nepal earthquake kills at least 128, toll could rise, officials say
Officials feared the death toll in Friday's quake could rise as they had not been able to establish contact in the hilly area near the epicentre, some 500 km (300 miles) west of the capital Kathmandu, where tremors were also felt. The district has a population of...
New Delhi blanketed by toxic haze, most polluted city in world
Many of the capital's 20 million residents complained of irritation in the eyes and itchy throats with the air turning a dense grey as the AQI hovered around 480 in some monitoring stations New Delhi: India's capital New Delhi was blanketed by a thick layer of toxic...
India debut 50-year bond fully sold on increasing insurer demand
The nation’s burgeoning life insurance and pension fund industries, driven by an expanding middle class, are changing the landscape for India’s $1 trillion sovereign debt market. India’s yield curve has been nearly flat even amid record borrowing by the government as...
Australian companies, directors face new liability for nature-based risks
Directors could be held personally liable for breaching their “duty of care and diligence” under the Australian Corporations Act by not identifying and disclosing nature-based risks. The most egregious violations of director duties can carry large fines or lead to...
Crypto market shows signs of revival after FTX’s disastrous collapse
After peaking at $3 trillion in November 2021, the value of the overall crypto market plummeted through 2022, hitting a two-year low of $796 billion as FTX imploded. It has since clawed back some ground, hovering above $1 trillion most of this year. As of Thursday,...
Q3 InsurTech investment surpasses USD1 billion on P&C surge
With wealthy backers writing enormous checks, InsurTechs could ignore the importance of loss ratios or customer retention. They – and their investors – could instead focus on metrics like growth and divergence and miss the extremely important lessons that ultimately...
Paucity of funds for counselling Kerala Police officials led to 69 suicides in past 4 years: Report
As per the study conducted between January 2019 to September 2023, those who died by suicide include civil police, senior civil police, grade sub inspectors and one station house official Thiruvananthapuram: Paucity of funds to implement a counselling system for...
Aon brings together UK and EMEA regions with Julie Page as CEO
“As we continue to go further, faster with our 3x3 Plan to accelerate our Aon United strategy, operating as one united region will simplify our organizational structure to be even more responsive to client need and create further opportunities for our colleagues,”...
Zurich Insurance to pick up 51% in Kotak General Insurance for $488 million, to raise its stake by another 19% in future
·Zurich will acquire an additional stake of up to 19% over time. It is anticipated that this transaction will represent the largest foreign insurer investment in the Indian insurance sector since the regulatory changes allowing majority foreign ownership came into...
Companies 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...