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Here is a masonry blog layout with no sidebarSlamming ‘big formula milk companies’, WHO scientist calls for swift clampdown to protect nursing mothers
New research highlights the vast economic and political power of the big formula milk companies, as well as serious public policy failures that prevent millions of women from breastfeeding their children,” said Nigel Rollins, one of the authors of a series on the $55...
Integrative Medicine Centres will start at govt medical sites: Mansukh Mandaviya
Union Health Minister Mansukh Mandaviya "Opening such Centres will help in initiating co-location of practitioners of the Indian system and modern medicine, thus harmonizing both medical systems and providing joint multidisciplinary care to the patients," Union Health...
Corporate financial health to worsen, says Janus Henderson
While companies’ financial metrics have been resilient so far, the second half of 2023 is when corporate margins will decline as weaker consumer confidence and higher interest rates bite, the study found The risk premium on euro and U.S. investment-grade corporate...
U.S. firms in Taiwan making ‘contingency’ plans amid China tensions
In a survey released on Tuesday, which took place between Nov. 15 and Dec. 16, AmCham Taiwan said 33% of respondents said their operations had been “significantly disrupted” by the increase in tensions, compared with 17% when it did a flash survey in August right...
Nepal plane crash probe reportedly shows both engines lost power
The disaster added to the Himalayan country’s reputation as the world’s most dangerous place to fly. According to Aviation Safety Network data, the fatal crash was the 11th in Nepal in as many years A Yeti Airlines plane that crashed in Nepal last month had no engine...
Hundreds of containers ablaze at Turkey’s Iskenderun port, operations shut down
Turkey’s maritime authority said on Monday that the port, located on the Mediterranean coast in the southern province of Hatay, was damaged due to the earthquake that struck Turkey and neighboring Syria Leading global container shipping group AP Moller Maersk said...
Rethink needed to regulate Big Tech in finance, says BIS official
Data-rich Big Tech companies such as Alibaba and Amazon have been involved for some time in financial services such as banking, payments, asset management and insurance, with some also providing cloud computing to run key services for banks Their size and reach in...
RBI hikes rates 25 bps as expected, hints more could come
Shaktikanta Das,governor,RBI RBI projects India's GDP growth at 6.4 per cent for 2023-24 Average retail inflation in India is projected to be at 5.3 during the next financial year "The global economic outlook does not look as grim now as it did a few months ago....
FSIB selects 3 GMDs for PSU general insurance cos
The general managers who have been chosen as directors are G Sundaraman from United India Insurance {UII} for the same company, Smita Srivastava, Oriental Insurance Company for New India Assurance and Titus Francis Maliakkel,, NIA for the same company New Delhi: The ...
Apollo Hospitals rolls out Clinical Intelligence Engine (CIE) for doctors across India
The Clinical Intelligence Engine is capable of analysing vast amounts of data to help healthcare professionals identify patterns which may be missed otherwise. Chennai: The Apollo Hospitals group, one of Asia's largest and the most trusted healthcare providers, today...
Banks’ exposure to Adani group “insufficient”, face limited risk: Fitch
''Fitch Ratings believes that Indian banks' exposure to the Adani group is insufficient in itself to present a substantial risk to the banks' standalone credit profiles,'' the rating agency said in a note. New Delhi: Indian banks' exposure to Adani group is...
5 states inform Centre about reverting to old pension scheme
''The state governments of Rajasthan, Chhattisgarh, Jharkhand, Punjab, and Himachal Pradesh have informed the central government/Pension Fund Regulatory and Development Authority (PFRDA) about their decision to restart Old Pension Scheme (OPS) for their state...
Digit postpones its IPO, to refile DRHP with Sebi in due course
In a statement, Digit insurance said the DRHP (Draft Red Herring Prospectus) has been returned in terms of Sebi's ICDR (Issuance of Capital and Disclosure Requirements) rules, which exempts rights granted under employee stock option plans to subsist at the time of...
Wealth Management:Ultra-rich foreigners flock to Singapore to set up family offices
Family offices are usually set up with the objective of managing the financial and investment needs of affluent families or individuals including providing financial solutions, budgeting, insurance, charitable giving, wealth transfer and succession planning, and tax...
Edelweiss General Insurance rebrands itself as Zuno General Insurance
Shanai Ghosh, MD & CEO, Zuno General Insurance, said, “Telematics is a silver lining for motor insurance industry in India. It allows us to offer personalized solutions and experience to our customers. Given the exponential growth of smartphone users in the...
RCap resolution: NCLAT issues notices to Torrent Investments, others
On February 2, the Mumbai bench of National Company Law Tribunal (NCLT) had ruled against holding a fresh round of auction for the takeover of Anil Ambani-promoted Reliance Capital (RCap) and said the challenge mechanism for financial bids has already concluded....
Hackers who breached ION say ransom paid; company declines comment
The ransomware outbreak that erupted at ION on Tuesday has disrupted trading and clearing of exchange-traded financial derivatives, causing problems for scores of brokers, sources familiar with the matter told Reuters this week. The hackers who claimed responsibility...
Budget-2023-24:Beyond tax-saving-driven insurance sales
Bhargav Dasgupta – MD & CEO, ICICI Lombard For a sector such as general insurance, where the industry has sought tax support for increased spend on home insurance or health, there is a message that they will have to strive for growth beyond tax-saving-driven...