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Scientists agree that money can buy happiness
"In the simplest terms, this suggests that for most people larger incomes are associated with greater happiness," said lead author Matthew Killingsworth from from the University of Pennsylvania "The exception is people who are financially well-off but unhappy. For...
Govt clears appointment of 2 new LIC MDs, Jagannath joined on Monday
If IFSB decides to hold the interview for post of chairmanship of the corporation shortly then Siddath Mohanty, acting chairman, Mini Ipe,MD, M Jagannanth and Tablesh Pandey will be shortlisted as eligible candidates for the selection New Delhi/Mumbai The government...
Civil aviation ministry’s consultative committee discusses sustainable development initiatives
Jyotiraditya Scindia,Union minister, Ministry of Covil Aviation The ministry has taken initiatives to make airports carbon neutral and reach the target of net zero carbon emissions. It has also advised all operational brownfield airports and upcoming greenfield...
Meity forms task force to draft IndiaAI roadmap by Apr end
Rajeev Chandrasekhar,Minister of State for Electronics and IT Minister of State for Electronics and IT Rajeev Chandrasekhar after consultation with startups and IT companies working on artificial intelligence announced setting up of an IndiaAI platform which will...
Guidelines on medical negligence under consideration, says Union Health ministry
It has been more than 17 years since the Supreme Court, for the first time in the Jacob Mathew case in 2005, directed the Centre to frame statutory rules in consultation with the-then medical education regulator Medical Council of India (MCI) to deal with medical...
Finance firms with $136 trln urge boards for more environmental data
For the first time, the questionnaire will also ask companies about plastics-related business risks, for example around packaging, and how they are addressing them The increase in demand for more information from companies comes as regulators across the world begin to...
Market turmoil leaves investors poorer by more than Rs 4.4 lakh crore
The failure of the Silicon Valley Bank in the US has triggered concerns about the financial system even though the regulatory authorities concerned are working on ways to manage the situation. The crisis has also come at a time when the central banks are embracing a...
SC refers pleas for legal validation of same-sex marriages to five-judge constitution bench, terms it seminal issue
"Having due regard to the broader context of the petitions before this court, the inter-relationship between the statutory regime and constitutional rights, we are of the considered view that it would be appropriate if the issues raised are resolved by a constitution...
Outflows in debt mutual funds continue, Rs 13,815-cr withdrawn in Feb
''With the central bank's focus on moderating inflation, the monetary policy has been tailored to ensure a disinflation process. Despite expectations around the February rate hike of 25 basis points likely being amongst the last, largely owing to a moderation around...
E-rupee worth over Rs 130 crore in circulation: Sitharaman
It is being distributed through financial intermediaries, i.e., banks. Users can transact with e₹-R through a digital wallet offered by the participating banks and stored on mobile phones/devices. Institutional merchants like retail chains, petrol pumps etc. have also...
LIC’s debt exposure in Adani group cos dips marginally to Rs 6,183 cr as of March 5
LIC's exposure in Adani Power (Mundra) was Rs 266 crore, Adani Power Maharashtra Ltd - Phase I (Rs 81.60 crore), Adani Power Maharashtra Ltd - Phase III (Rs 254.87 crore), Raigarh Energy Generation Ltd (Rs 45 crore) and Raipur Energen Ltd (Rs 145.67 crore), as per the...
Markel strengthens global downstream energy offering with two appointments
Markel’s downstream energy team has now grown to include five underwriters who collectively deploy $150m of capacity on each risk, which has increased from $25m when the team was formed in 2017. London: Markel International, a subsidiary of the Markel Corporation, has...
Talks underway on Black Sea grain deal extension in Geneva
The initiative, brokered by the United Nations and Turkey last July, is up for renewal on March 18. Negotiations began on Monday between U.N. officials and Russian Deputy Foreign Minister Sergei Vershinin aimed at discussing an extension to a deal allowing the export...
Billions worth of crypto trades at risk as shutdown of 3 banks takes toll
Liquidity, or ease of trade, for Bitcoin-to-dollar and Bitcoin-to-Tether transactions on some US exchanges has dipped between 35% and 45% from the beginning of March to Saturday, according to research firm Kaiko. Meanwhile, crypto companies have been scouring for...
Centre opposes recognition of same-sex marriage in SC citing personal laws, societal values
"It must be kept in mind that granting recognition and conferring rights recognising human relation which has its consequences in law, and privileges, is in essence a legislative function and can never be the subject matter of judicial adjudication. The prayer made by...
Landslides in Himachal Pradesh increased six times in past 2 yrs: Govt Report
High intensity rainfall coupled with cutting of hill slopes or rocks at the foothills are the main reason behind the significant number of landslides, experts say. Extensive cutting of hill slopes for construction and widening of roads, blasting for tunnels, hydro...
Govt to infuse more capital in public sector general insurers next year
Based on the performance in the FY23, the finance ministry would take a call as to how much capital they would require to meet regulatory requirement, the official said.They are not in good financial health and fund would be infused in these entities to augment their...
Centre should regulate manufacturing of drugs instead of state bodies, new bill moots
Regulations for the conduct of clinical trials for new drugs and medical devices have been brought under the draft bill Currently, the conduct of clinical trials for new drugs and medical devices and the provisions for compensation for injury or death on account of...