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Drought-like situation, power crisis in Madhya Pradesh: CM Chouhan
“The month of August has almost been dry, so a drought situation is arising in Madhya Pradesh now. Crops are in danger''Chief Minister Shivraj Singh Chouhan The Cabinet sub-committee on drought in Karnataka led by Revenue Minister Krishna Byre Gowda on Monday...
SBI allows UPI interoperability with digital Rupee for seamless transactions
"By bridging the gap between CBDC and the extensively used UPI platform, SBI aims to revolutionize payments made in India. With this move in the realm of digital payments, the future of CBDC integration appears promising," SBI said Mumbai: The State Bank of India has...
PM says cyber crimes can have social, geopolitical implications; need global cooperation to deal it
Prime Minister Narendra Modi World Bank has estimated that cyber attacks could have caused losses of around USD 5.2 trillion to the world during 2019-2023, but their impact goes beyond just financial aspects into activities that are deeply worrying New Delhi:...
India, Singapore defy declining global wealth trend, why?
India was one of few countries which experienced a wealth increase and along with Russia, Mexico and Brazil saw the largest wealth expansion. In terms of wealth per adult, Switzerland continues to top the list followed by the USA, Hong Kong, Australia and Denmark...
Bima Manthan: IRDAI to meet insurance CEOs on Sep 4-5
IRDA chairman Debasish Panda will address CEOs of general insurance companies, SAHI companies and reinsurers on Sept 4. On Tuesday, Panda will meet all the CEOs of the industry in the morning session and CEOs of only life insurance companies...
OIC CMD RR Singh to head GIPSA after Gupta
RR Singh, CMD, Oriental Insurance Company GIPSA earlier had four public sector general insurance companies, New India Assurance Company, United India Insurance Company, Oriental Insurance Company and NIC but recently the government has decided to add two new members-...
Live-in relationship cannot provide stability, security: Allahabad HC
The court said, "The brutish concept of changing partners in every season cannot be considered to be the hallmark of a stable and healthy society. The security and stability which the institution of marriage provides to an individual's life cannot be expected from a...
Breast cancer predominantly a lifestyle disease, is preventable: Experts
“One important cause of the rise of breast cancer is that we have adopted a westernised lifestyle which includes obesity, stress, habits like smoking habits, alcohol or fast-food habits. Apart from that the food that we eat, ultra processed food which is unhealthy...
FPIs sold stocks for Rs 20,620 crore in August
Rising bond yields in the US and strong dollar index are negative for capital flows. This is the primary reason why FPIs have been sellers in the cash market New Delhi: In the cash market, FPIs were sellers after three months of sustained buying. In August, FPIs sold...
Total Asset Under Management (AUM) under NPS reaches Rs 10 lakh crore
For corporates, it was Rs 1,35,218, for all citizen model the AUM was Rs 47,663, for NPS Lite it was Rs 5,157 and for Atal Pension Scheme the AUM was Rs 30,051 New Delhi: The number of subscribers under the National Pension System (NPS) and Atal Pension Yojana (APY)...
Covid BA.2.86 appears less transmissible than XBB & EG variants: Experts
The US Centers for Disease Control and Prevention (CDC) in its August 23 risk assessment, stated that based on currently available data, updated Covid-19 vaccines targeting the XBB.1.5 variant are expected to be effective against BA.2.86, for reducing severe disease...
Under new Australian laws, jail, heavy fines for wage thieving employers
Under the proposed laws, the maximum criminal penalty for employers who are found to have intentionally engaged in wage theft will be increased to a 10-year imprisonment and fines worth up to 7.8 million Australian dollars ($5.03 million), or three times the amount...
Sebi to curb finfluencers to help investors get accurate, unbiased info
In the case of other financial advice, finfluencers must have appropriate credentials, such as a license from the Insurance Regulatory and Development Authority of India (IRDAI), chartered accountancy (CA), or a company secretaryship. Adherence to disclosure is a...
Magsaysay award winning oncologist’s mission to provide affordable cancer care to poor
Radiation, surgical and medical oncology has to be institution-based but even more important is prevention, early detection, palliative care, providing support and rehabilitation of patients, Dr R Ravi Kannan said Silchar: It was 23 years ago that this year's...
Tech veteran Venkat Changavalli takes over as new CEO of IIBI
Venkat Changavalli, new CEO, Insurance Information Bureau of India According to industry sources, Venkat's appointment is temporary and IRDAI would soon start a new search processes to appoint a new CEO at IIBI Among a host of actionable areas, IIBI has recently set...
Biometric authentication at discharge for Ayushman Bharat patients stressed at AIIMS meeting
The issue of cost disparity between estimates provided by the treating doctors and the approved PMJAY health benefit package was discussed New Delhi: The need for mandatory biometric authentication at the time of patients' discharge was stressed at a recently held...
Cybercrime to cost Germany 206 billion euros in 2023 -survey
Around three quarters of the companies surveyed suffered digital attacks in the past 12 months, falling from 84% of the companies in the previous year. "The slight decline in the number of companies is a positive sign and indicates that protective measures are having...
Rajasthan govt committed to ensuring minimum loss, maximum relief for people during disasters: Gehlot
Department of Agriculture and Horticulture Secretary Prithviraj said that insurance claims worth around Rs 3,000 crore have been distributed to 31.54 lakh policyholders in 2022-23 under the crop insurance scheme. The remaining amount of about Rs 700 crore will be paid...