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Anil Wadhwani joins Prudential Plc as Chief Executive
Anil Wadhwani, chief executive, Prudential "I am thrilled to join the team at such an exciting time in the development of its Asian and African operations and am looking forward to meeting customers, colleagues, investors and key stakeholders."Anil Wadhwani , Chief...
Thai Life Insurance partners with Munich Re Automation underwriting solution
K.Denpong Jesadaviriya, EVP of Life Operations at Thai Life Insurance, added, “ With ALLFINANZ SPARK, we will be able to move faster in the market, gain access to Munich Re’s analytics services and, in the future, AI/predictive modelling capabilities. We really want...
Austrian children take government to court over climate
A lawyer for the group said the case submitted to the Constitutional Court is modeled on a similar lawsuit in Germany that prompted the government there to set new targets for reducing greenhouse gas emissions two years ago. A dozen minors filed a lawsuit with...
South Korean Court recognises same-sex couple’s rights
A gay couple won a lawsuit in South Korea granting them spousal coverage from the national health insurance program, an apparent first in the country that only legally recognizes marriage as between heterosexual couples. In its ruling, the Seoul High Court on Tuesday...
Workers with advanced digital skills contribute Rs 10.9 lakh cr to India’s GDP, says study
According to the study, 91 per cent of workers who use advanced digital skills express higher job satisfaction compared to 74 per cent of workers with basic digital skills. The study found that 80 per cent organizations in India that employ workers with advanced...
Salary most important factor for job selection for over 60% respondents, says CBRE survey
Anshuman Magazine, Chairman & CEO- India, South-East Asia, Middle East & Africa, CBRE, said: "The survey indicates that majority of respondents prefer workplace quality and focus space for them to be regular at the office, while specially after the pandemic,...
Hot temperature to heat up prices, reduce wheat yield, says CRISIL report
The rabi wheat crop yield will be impacted if the temperature is high in March. The crop yield will be on a par - or marginally lesser - than last year's low, said CRISIL in a report. Chennai: The hot temperature if persists in March may not only reduce the wheat crop...
Sebi proposes to introduce 5 new categories under ESG funds
''AMCs should endeavour to have a higher proportion of the assets under the ESG theme and make suitable disclosures,'' the Securities and Exchange Board of India (Sebi) said in its consultation paper issued on Monday. Mumbai: Capital markets regulator Sebi has...
Shipping industry grapples with ways to cut cargo fires at sea
“The main root cause for cargo fires on container ships is the integrity of dangerous goods throughout the supply chain. Therefore it is a problem that can only be improved through industry wide solutions,” Maersk’s Aslak Ross said separately in a statement. Global...
$3.7 billion UK mass action against Facebook over market dominance rejected – for now
Meta Platforms Inc., the parent company of the Facebook group, faces a mass action brought on behalf of around 45 million Facebook users in Britain. London: Facebook on Monday temporarily fought off a collective lawsuit valued at up to 3 billion pounds ($3.7 billion)...
Past Covid infection provided substantial protection against reinfection: Lancet study
''Vaccination is the safest way to acquire immunity, whereas acquiring natural immunity must be weighed against the risks of severe illness and death associated with the initial infection,” said lead author Stephen Lim from the Institute for Health Metrics and...
Colorectal cancer on rise in India, experts stress on early preventive screening
Studies suggest that a sedentary lifestyle and faulty food habits are making this variant of cancer common, even among the young, Dr M D Ray, Professor at the department of Surgical Oncology at AIIMS, Delhi said Over the last five years, the disease has doubled to...
India remains ‘bright spot’, to contribute 15% of global growth in 2023: IMF MD
Kristalina Georgieva,managing director,International Monetary Fund ''India's performance has been quite impressive. For this year, we expect India to retain a high growth rate, 6.8 per cent for the year that ends in March. For FY 2023/24 (April 2023 to March 2024) we...
World Day of Social Justice: Deeper dialogue across ‘real economy’ can drive progress
Poverty and inequalities within and among countries are on the rise in many parts of the world. Inequality remains very high, with annual gross domestic product per capita ranging from about $600 at purchasing power parity in the poorest country to more than $115,000...
Indians spend over $1 bn every month on foreign travel: RBI data
Akash Dahiya, Co-founder, SanKash said that with the rise of affordable travel and technological advancements, the travel industry is experiencing a massive boom in international destinations . Vietnam, Thailand, Europe, and Bali are some major destinations that...
More insurance players, wider range of products key to achieve insurance for all goal by 2047:Irdai chief
Debasish Panda,chairman, IRDAI ''We're a diverse nation of 1.4 billion people. We can't have a one-size-fits-all approach, instead we need more unique products that can meet the insurance needs of both the super rich as well as the very poor. And such unique products...
Climate Risks: Indian Insurers should focus on green premiums and provide eco-friendly advice to industry, experts
(Lto R) G. Srinivasan, Director of the National Insurance Academy,,Satyajit Tripathy, CMD, United India Insurance Company,Saurabh Mishra, Joint Secretary Department of financial services, Devesh Srivastava, CMD GIC Re,Hadi Riachi, CEO of Swiss Re India Devesh...
TRAI to issue consultation paper on digital inclusion; devices, connectivity, literacy to be key focus
India has set a shining example globally with its success in the digital public good ecosystem like Aadhaar, UPI and Digilocker, and many countries have approached India for replicating these systems. New Delhi: Telecom Regulatory Authority of India (TRAI) will bring...