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Here is a masonry blog layout with no sidebarHealth ministry approaches CERT-In over hacking attempt of its website
Cyber security experts from CloudSEK have claimed that Russian hacker group ‘Phoenix’ targeted the website and managed to get access to the ministry’s Health Management Information System portal and has details of all the hospitals of India, employees and and...
Google’s ‘castle and moat’ strategy is data hegemony: CCI tells NCLAT
On Thursday, Venkataraman submitted that Google had used its money-spinning search engine as the 'castle' and the rest of the other apps to play the defensive role of 'moat' This 'castle and moat' strategy is data hegemony, which means a big market player tends to get...
Anup Bagchi to succeed Kanan as MD &CEO of ICICI Pru Life
Anup Bagchi, executive deirector, ICICI Bank To ensure a seamless transition, Bagchi has been appointed as ED & Chief Operating Officer of ICICI Pru Life with effect from May 1, 2023 subject to regulatory approval(s). Mumbai: ICICI Pru Life Insurance, on Thursday,...
U.S. insurers’ direct exposures to bank failures modest; Liability profiles support stability, says Fitch
Fitch's sector outlooks for U.S. Life and U.S. P&C are ‘neutral’ Insurers’ investments to the failed banks (Silicon Valley Bank, Silvergate and Signature Bank) are modest. Fitch-rated insurance entities’ direct investment exposure to the failed banks (comprising...
Covid pandemic had long-lasting impact on teens’ mental health, substance use: Lancet study
The COVID-19 pandemic has had a long-lasting impact on the mental health and substance use among adolescents, according to a study published in The Lancet Child & Adolescent Health journal. The research is based on survey responses from a nationwide sample of over...
Echo Re leverages ADEPT to drive efficient data exchange with Aon in Asia
ADEPT (ACORD Data Exchange Platform and Translator) facilitates real-time data exchange, translation, and transformation. It integrates with existing platforms, portals, and infrastructure to connect trading partners around the world, regardless of their existing...
UK abolishes tax threshold on pension allowance to encourage people to work longer
Hunt said in his annual budget that he would scrap the so-called lifetime allowance, which had meant that people faced a 25% levy if they saved around 1.1 million pounds ($1.33 million)in their pension pots The capped amount of money that can put in their pensions in...
More time needed for framing rules to regulate e-pharmacies: Centre to Delhi HC
The Ministry's August 2018 notification was challenged by the South Chemists and Distributors Association in a petition saying that ignoring the health hazards caused due to online sale of medicines without proper regulations, the draft rules are being pushed through...
Britain sets out plans to bring down cost of childcare
The government has been forced to act after British childcare costs rose steadily to become among the most expensive in the world, according to the OECD, taking up nearly 30% of the income of a couple with two young children. Britain will expand free childcare to...
Gallagher promotes James Kent to lead Global Insurance Strategic Relationships
In this role, James will be responsible for establishing and driving the framework that determines how Gallagher connects with its major strategic partners in the (re)insurance eco-system, including further investment in capital advisory and portfolio solutions....
China’s Ping An Insurance posts 17.6% drop in 2022 profit
“Household consumption recovery still faced many challenges, which continued to have an impact on Ping An’s long-term life & health protection insurance business,” it said. Ping An Insurance Group Co. of China Ltd., China’s largest insurer by market value,...
Banking fears spread across global markets
While stocks recouped some of their losses on Tuesday, investors remain wary of the banking fallout and what it means for the Federal Reserve's interest rate-hiking campaign going forward and the overall stability of the financial sector Just as the panic over the US...
Govt unlikely to roll back tax plan on high-value life insurance, say govt officials
The move, which will come into effect for policies issued from April 1, has rattled insurers, with top company executives meeting Finance Minister Nirmala Sitharaman and finance ministry officials to petition them to reconsider the proposal. New Delhi: The Indian...
Deepak Mohanty appointed as PFRDA chairman
Deepak Mohanty, chairman, PFRDA Mohanty was a member(Economist),PFRDA and had recently retired from the regulatory body New Delhi: The government on Tuesday has appointed Deepak Mohanty, a former member of the Pension Fund Regulatory Development Authority( PFRDA), as...
EU’s climate stress now to include insurers
The inclusion of insurers marks an expansion of the region’s preparations for the transition of the financial sector. Insured losses from climate change hit about $120 billion in 2022, according to data compiled by Munich Re, and the industry is generally seen as at...
Bitcoin jumps to highest since June as rally gathers pace
Major cryptocurrencies have been buoyed in recent days by U.S. authorities announcing plans to limit the fallout from the collapse of Silicon Valley Bank (SVB). U.S. authorities' action helped stabilise the major USDC stablecoin, whose issuer Circle had deposits of...
Cabinet Secretary tells states, UTs to be adequately prepared as hotter than normal summer is expected in 2023
Cabinet secretary informed that DoA&FW has constituted an Expert Committee headed by Agriculture Commissioner to monitor and mitigate terminal heat stress in Wheat. Further, the Crop Weather Watch Group (CWWG), an inter-Ministerial Committee reviews the crop...
Bandhan Group mulls foray into insurance business
The group is open to both the organic and inorganic routes and is in talks with many general insurance companies for a potential acquisition, the report said, without disclosing any names BENGALURU: Bandhan Group, which mainly has banking, mutual fund and microfinance...