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Here is a masonry blog layout with no sidebarForeign investors continue to remain net buyer in Indian stocks for third month
In 2022, foreign portfolio investors sold Rs 121,439 crore worth of stocks in India on a cumulative basis, the historical data available on the NSDL website showed Foreign portfolio investors (FPIs) have remained net buyers in Indian stock markets for the third...
`Insurance for all’ by 2047-Insurers unveil initiatives in Mizoram
Lalramsanga Sailo, secretary, Mizoram, said, "We look forward to life and general insurance companies making significant contribution to promote the cause of insurance, generate employment and promote entrepreneurship in the state of Mizoram." As part of the Insurance...
Quick-commerce spurs gig jobs in India, 68% rise in delivery job seekers
Chennai, Hyderabad and Bengaluru top the list of cities with a total of 30 per cent job seeker interest in the past year, according to the report by leading job portal Indeed New Delhi: With the expansion of quick-commerce services, the delivery jobs are back in...
Carney’s climate alliance sounds alarm on “political attacks” on insurers
"These political attacks are now interfering with insurers’ independent efforts to price climate risk, which will harm policyholders, main street investors and local economies," a spokesperson for GFANZ, a United Nations-backed coalition of financial institutions...
Death risk from liver disease twice as high in lower-income countries: Lancet study
''A working liver is so important for our health since the organ is connected to so many aspects of bodily function,'' said Jasmohan Bajaj, a professor at the Virginia Commonwealth University School of Medicine, US Death risk from liver disease twice as high in...
WTW unveils new financial product to protect intangible assets
An intangible asset is one that is not physical in nature but one that can hold significant value, and which can be created, transferred, bought or sold. Typical examples of intangible assets include intellectual property rights such as patents, trademarks, and...
America ages faster as baby boomers push nation’s median age to almost 39, fewer children are born
“In the short run, the crisis of work-family balance, the lack of affordable child care, stresses associated with health care, housing, and employment stability, all put a damper on birth rates by increasing uncertainty and making it harder to decide to have and raise...
GIC Re doubles its net profit to Rs 3,417 crore in Q4FY2023, declares a dividend of Rs 7 per share
Devesh Srivastava, CMD, GIC Re GIC Re’s record net profit has been possible as the third largest Asian reinsurer has a combined ratio of 89.16 per cent and an underwriting profit of Rs 889.77 crore along with a higher investment income of Rs 3,667.16 during the...
LIC shares settle nearly 2 pc higher after Q4 earnings
The surge in annual profit in FY23 was helped by a jump in the second quarter bottomline to Rs 15,952 crore. It was due to a transfer of Rs 15.03 lakh crore to shareholders' accounts at the end of September Mumbai: Shares of LIC on Thursday ended nearly 2 per cent...
Indian insurance industry to have a UPI-like moment soon: IRDAI Chief
Debasish Panda,Chairman,IRDAI ''We are working with the councils of both life and general insurance to have a UPI-like moment for the insurance sector. A conceptual framework has been contemplated,'' he said, adding that this is being proposed through the Bima trinity...
Anti-tobacco warnings for OTT programmes soon, health ministry to amend rules
According to the proposed amendments to the Rules, the display of tobacco products or their use in online curated content will not be extended to the display of brands of cigarettes or other tobacco products. New Delhi: OTT platforms may soon be mandated to display...
Max Life announces Rs 1,604 cr bonus for its policyholders
Max Life Insurance Company Ltd has announced its highest- ever participating (PAR) bonus of Rs. 1,604 Cr. for its approximately eligible 21 lakhs eligible participating policyholders in FY22-23. This is the Company's 21 st consecutive annual bonus; 8% higher than the...
UN says U.S. concerns have led to insurers quitting climate alliance
Reinsurer Swiss Re on Monday joined Munich Re, Zurich Insurance, and Hannover Re in exiting the Net Zero Insurance Alliance amid growing pressure in the U.S., where some Republican politicians say these alliances could be breaking antitrust rules The United Nations...