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Indian crops’ adaptation to climate change assessed using 60 yrs’ data
The researchers from University of Illinois, US, found that farmers were able to adapt to changes in temperature for rice and maize but not wheat. However, increased precipitation enhanced rice yield, but adversely affected wheat and maize yields Using data over 60...
Swiss Re ties up with Benekiva to create an end-to-end digital claims management solution
"We're thrilled to partner with Benekiva to offer a holistic, digital claims processing solution that can free up claims staff to focus on what matters most: helping customers through a very difficult time"Carl Christensen, Global Head L&H Solutions, Swiss Re...
SBI General launches a fully customisable digital-only health product
Anand Pejawar, whole-time director, SBI General Insurance said, “We launched Health Edge Insurance with an objective to make health care affordable and available across the length and breadth of the country The Health Edge insurance plan includes some noteworthy...
Metals & Mining and Chemical & Petrochemical sectors show a dip in risk management in 2022, ICICI Lombard report
Bhargav Dasgupta, MD & CEO, ICICI Lombard General Insurance, said, "The enhanced score in the 3rd edition of the Corporate Risk Index is a testament to the efficient risk management practices adopted by Indian corporates in the face of global headwinds and...
Thefts prompt 17 states to urge recall of Kia, Hyundai cars
“The bottom line is, Kia’s and Hyundai’s failure to install standard safety features on many of their vehicles have put vehicle owners and the public at risk,” California Attorney General Rob Bonta said in a news release “Instead of taking responsibility with...
Economic and cyber risks are the top risks facing Directors: Report
Economic risk was considered the top risk for businesses by 63% of global directors, closely followed by cyber risk at 62%, says a global Directors Liability 2023 survey from WTW and Clyde & Co, a leading global law firm SINGAPORE: Economic and cyber risks,...
India calls for global coordination to effectively regulate cryptocurrency
Nirmala Sitharaman,Union Finance Minister "The underlying principle is because the digital currencies are completely digitalised and technology-driven, the technology, which is very distributed, and sometimes identity is very difficult to be established, but which has...
LIC’s total premium for fiscal 2023 grew 17% to Rs 2.32 trillion
In terms of new business premiums collected, it continues to hold a market share of 62.58 per cent as on March 2023 Mumbai: The total premium of Life Insurance Corporation of India (LIC) collected for fiscal 2022-23 grew 16.67 per cent to Rs 2.32 trillion from Rs 1.99...
G Srinivasan to join as a member of Agam’s Strategic Advisory Board
G Srinivasan, director, former CMD, New India Assurance Agam was founded in 2016 by Avi Katz and Chak Raghunathan with the vision to create a cutting edge differentiated analytical platform Mumbai: Agam Capital, an analytics driven platform strategically partnering...
US Cyber insurers see favorable premium growth, Results in 2023: Fitch
Rising policyholder awareness of the multi-faceted cyber threat continues to boost demand for coverage. Rapid recent premium growth and a reduction in claims experience in 2022 led to a strong recovery in results for the US Cyber insurance line following two...
HDFC Life Insurance shares end over 6 pc higher
In a regulatory filing on Friday, HDFC Life Insurance Company has said that Reserve Bank of India (RBI) has permitted HDFC Bank or HDFC to increase their shareholding in HDFC Life Insurance Company and HDFC ERGO General Insurance Company to over 50 per cent prior to...
I-T dept cracks down on Bajaj Allianz, ICICI Prudential amid wider probe on GST scam- sources
Tax authorities estimate that 16 insurance companies in all owe the government about Rs 50 billion rupees ($610 million) in unpaid taxes, interest and penalties since July 2017, when India implemented goods and services tax (GST), two sources said NEW DELHI: India's...
Indian regulator plans to allow mutual funds with performance-based fees
According to the plan, the base fees currently charged for mutual funds would be reduced and additional charges would be based on performance Mumbai: India's market regulator is planning to permit a new category of mutual fund schemes where asset managers' charges...
Sleeping pill lowers levels of Alzheimer: Study
The study, which involved a sleeping aid known as suvorexant that is already approved by the Food and Drug Administration (FDA) for insomnia, hints at the potential of sleep medications to slow or stop the progression of Alzheimer's disease, although much more work is...
Too much insulin can be as dangerous as too little: Research
While our body finely tunes insulin production, patients who are treated with insulin or drugs that stimulate insulin secretion often experience hypoglycemia, a condition that if gone unrecognized and untreated can result in seizures, coma and even death, which...
Lenders of Reliance Capital to meet on Monday to consider bidders’ concerns
Both the bidders Torrent Investment and IndusInd International Holdings Ltd (IIHL) of Hinduja Group want finality, certainty, transparency, no negotiation in value or on terms and conditions, after the second round of auction is over, they said. Mumbai: Ahead of the...
Joshimath still to see enough long-term measures to address land subsidence, say experts
An environment expert, requesting anonymity, said satellite data analysis and geophysical subsurface investigation suggested that the crisis in Joshimath was caused by underground hydrological imbalance Demands of the Joshimath Bachao Sangharsh Samiti include...
Finmin explores options to allow firms to deploy blended finance instruments for green projects
The use of blended finance promotes investments in new and emerging sectors and it attracts commercial capital towards projects that contribute to sustainable development, while providing financial returns to investors, the sources said, adding, it holds the potential...