Welcome to My Blog
Here is a masonry blog layout with no sidebar
India to become USD 5 trillion economy, third-largest by 2027: RBI DG Patra
A key driver in this transformation is likely to be the window of a demographic dividend that opened up in 2018 and will probably last till the 2040s, going by fertility and mortality rates,'' Reserve Bank Deputy Governor Michael D Patra said Mumbai: India will be a...
Max Life ties up with AU SFB selling life insurance products
Max Life Insurance Company has entered into a bankassurance alliance with AU Small Finance Bank (AU SFB), This collaboration will allow AU SFB’s digitally inclined customers to access the full spectrum of life insurance plans offered by Max Life.
No reason for Canadian pension funds to back out from India: Official
''They are here because they are making higher returns here… So I don't see any reason for them to back out because of the current situation, which hopefully we will sort out,'' the official said. According to a report by think tank GTRI, Canadian pension funds, by...
Indian auto insurance technology startup listed on Nasdaq
''We're incredibly excited about the transformative potential of AI in reshaping the USD 800 billion auto insurance market and are going to be unwavering in our focus to build Roadzen as the leader at the intersection of AI, mobility and insurance,'' another release...
Condom-shy India arouses interest of global contraceptive makers
Condom makers would follow other global firms in chasing India's growth in disposable income. World Bank data showed that, in 2021, per capita gross domestic product crossed $2,000 - a threshold at which, in China in 2006, consumption jumped BENGALURU: Global...
5-8 million Indians suffering from Alzheimer’s
In India, people with Alzheimer’s are possibly between 5.3 million to 8.2 million. Because of the usage of curcumin, a powerful anti-oxidant that possess anti-inflammatory properties which helps fight the disease, Indians have substantially managed the increase of...
Bhargava Dasgupta quits as MD & CEO of ICICI Lombard, to join ADB as vice-president,Market Solutions
Bhargava Dasgupta, MD & CEO, ICICI Lombard General insurance Dasgupta has tendered his resignation, to pursue a career opportunity outside the country, said the company on Thursday.Dasgupta said the company has grown revenues six times and net profit 78 times over...
India slips one notch to 87th out of 165 countries on economic freedom index: Report
A score closer to 10 indicates a higher level of economic freedom. According to the report, Singapore topped the index. It was followed by Hong Kong, Switzerland, New Zealand, the US, Ireland, Denmark, Australia, the UK, and Canada India slips one notch to 87th out of...
DGCA implements new rest regulations for air traffic controllers at 57 airports
“The regulation is modelled on ICAO regulations and is based on our national, social and cultural contexts coupled with scientifically valid, optimal limits for ATCO’s. This will ensure our skies become safe and will also take care of health, physical and...
Lloyd’s and the UN team up to get insurance to climate vulnerable countries
After the initial focus on the Pacific, the partnership will seek to roll out the model to Asia and parts of Africa LONDON: Lloyd's of London is teaming up with the United Nations Capital Development Fund (UNCDF) to try and improve access to insurance for climate...
“No distress”, people investing in other fin products: FinMin on dip in household savings
Overall household savings (current prices) - which include financial, physical and jewellery - has grown at a Compound Annual Growth Rate (CAGR) of 9.2 per cent between 2013-14 and 2021-22 (8 years) and the nominal GDP has grown at a CAGR of 9.65 per cent during the...
Google sued after man drives his car off collapsed bridge following Google Maps
Philip Paxson drowned after his vehicle plunged off a bridge in Hickory, North Carolina that collapsed in 2013, reports USA Today. San Francisco: A family in the US has sued Google after a man belonging to the family died after driving his car off a collapsed bridge...
Offshore wind industry: Economic pressures and tech innovation need to be managed
Around 380GW of offshore capacity is expected to be added across 32 markets over the next 10 years, according to the Global Wind Energy Council, with half of that growth expected to come from the Asia Pacific region. Developers and their insurers need to manage a...
United is latest to discover bogus parts in plane engines
Aviation regulators have said AOG supplied an unknown number of jet engine spare parts backed by falsified airworthiness documentation, kicking off a worldwide effort by the industry to hunt down more components. The widening scandal has shaken an industry where...
US Federal Agencies seek to streamline ‘Hodgepodge’ of Cyber Reporting Rules
The law passed last year will eventually require companies to report cyber incidents within 72 hours and flag paying a ransom within 24 hours, providing what Silvers described a “sea change in federal visibility into serious cyber incidents.” Still, timelines will...
US home insurance ‘Bubble’ closer to popping as climate risks mount: Report
At the core of the problem is an increase in the severity of disasters exacerbated by climate change and the damage they wreak. Until now, state regulations that cap increases in insurance premiums and subsidized insurer-of-last-resort programs have hidden the...
Fed leaves rates unchanged at 5.25-5.50%, sees tighter policy through 2024
"Inflation remains elevated," the rate-setting Federal Open Market Committee (FOMC) said in a policy statement that included projections incorporating stronger economic and job growth than prior forecasts, and keeping prospects for a "soft landing" squarely in view...
Mutual funds attract 6% of household savings in FY23, shows RBI data
Net inflows into life insurance funds and small savings increased by 15 per cent and 7.5 per cent, respectively. Household investments in mutual funds (MFs) reached a record Rs 1.8 trillion during financial year 2023 (FY23), largely driven by strong inflows through...