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Here is a masonry blog layout with no sidebarAdequate, affordable finance remains constraint in India’s climate actions: Eco Survey
As part of dedicated efforts to preserve ecosystems, India now has 75 Ramsar sites for wetlands, in addition to various regulatory and promotional measures to protect and conserve mangroves. Continued river conservation and rejuvenation efforts are underway through...
India’s nominal GDP to be USD 3.5 trillion by end-March: Eco Survey
V. Anantha Nageswaran,Chief Economic Adviser Further support to economic growth will come from the expansion of public digital platforms and path-breaking measures such as PM GatiShakti, the National Logistics Policy and the Production-Linked Incentive schemes to...
Govt’s share in health expenditure increased from 28.6 pc in FY-14 to 40.6 pc FY-19: Eco survey
The NHA's estimates for FY-19 show that there has been an increase in the share of government health expenditure (GHE) in the total GDP from 1.2 per cent in FY-14 to 1.3 per cent in FY-19, the survey stated New Delhi: The government's share in the total health...
India’s gold demand dips marginally to 774 tonnes in 2022: WGC
India's fourth quarter gold demand in value was down 15 per cent at Rs 125,910 crore in comparison to Rs 148,780 crore in the same period of previous year India's overall gold demand remained resilient and witnessed a marginal decline of 2.92 per cent in 2022 at 774...
CR Vijayan takes over as acting secretary general of GI Council
C R Vijayan,acting secretary general, General Insurance Council, Though Inderjeet Singh, director and general manager, GIC Re has already been appointed as the secretary general of the GI Council in January first week, is yet to join as his application for...
Insurers now can pay profit related commission to their non-executive directors: IRDAI
Amount of payment of remuneration in the form of profit related commission to each of the non-executive director should not exceed the limits specified in the norms on remuneration of non-executive directors and managing director /chief executive officer / whole-time...
Neglected tropical diseases continue to pose significant health burden in India: Expert
''NTDs continue to pose significant health burdens on some of the most disadvantaged communities in India. In the country, over 670 million people are at risk of infection by Wuchereria bancrofti and Brugia malayi parasites in 272 districts which represents around 40...
Memory chip crisis threatens to wipe out earnings, destabilise suppliers
It’s been a swift descent from the industry’s pandemic sales surge, which was fueled by shoppers outfitting home offices and snapping up computers, tablets and smartphones. Now consumers and businesses are holding off on big purchases as they cope with inflation and...
Insurers hit with thousands of claims as rains soak New Zealand
Citi in a research note observed that IAG’s exposure to the floods in Auckland, which could be potentially as much as A$236 million, is “much greater” than Suncorp’s NZ$50 million cap Major insurers operating in New Zealand including Insurance Australia Group and...
9 lakh govt vehicles, buses older than 15 years to go off the road from Apr 1, says Gadkari
Nitin Gadkari,Union Minister for Road Transport & Highways 'We have now approved the scrapping of more than nine lakh government vehicles, which are more than 15 years old, and polluting buses and cars will go off the road and new vehicles with alternative fuels...
LIC says it has exposure of Rs 36,474.78 crore to Adani group
''Our total holding in the Adani group companies under equity and debt a on date is Rs 36,474.78 crore. This was Rs 35,917.31 crore as of December 31, 2022. Total purchase value of these equities of the group companies, bought over the past many years, is Rs 30,127...
Bajaj Finserv net income jumps 42 pc to Rs 1,782 crore
The general insurance arm's net profit declined 9 per cent to 278 crore from Rs 304 crore and that of life insurance arm's too declined 8 per cent to Rs 81 crore from Rs 88 crore. Mumbai:Bajaj Finserv, holding company of Bajaj Group's financial services businesses, on...
FSIB recommends M Jaggannath and Tablesh Pandya for 2 posts of LIC MDs
Jagannath, currently zonal manager, South Central Zone, LIC will be succeeding Raj Kumar who will be retiring tomorrow while Pandya will replace Vishnu Pattnaik who will be retiring in March end Year 2023 will see complete change of LIC’s top management, as starting...
Atal Pension Yojana has now more than 5cr subscribers
The scheme has done very well in the calendar year 2022 by enrolling more than 1.25 crore new subscribers in comparison to 92 lakh new subscriber’s enrolment in the calendar year 2021 Mumbai: Atal Pension Yojana(APY), the flagship social security scheme of the...
FPIs adopt cautious stance ahead of Budget; take out Rs 17,000 cr from equities in Jan
Overall, foreign portfolio investors (FPIs) have pulled out Rs 1.21 lakh crore from the Indian equity markets in 2022, following aggressive rate hikes by the central banks globally, particularly the US Federal Reserve, volatile crude, rising commodity prices and the...
LIC continues to bet big on Adani, remains in green despite share price rout
According to stock exchange information, LIC made a total investment of Rs 28,400 crore in Adani shares over the last few years. The value of these shares was Rs 72,200 crore before the report of the US short seller triggered a stock price crash over the last two...
FSIB to interview 6 sr LIC officials on Monday to select 2 MDs
Year 2023 will see complete change of LIC's top management, as starting with Kumar, other three MDs, BC Pattanaik, Mini Ipe and Siddarth Mohanty along with MR Kumar,chairman will be retiring in next six months New Delhi: The Financial Services Institution Bureau...
Road transport, highways sector has max number of delayed projects: Govt
In the road transport and highways sector, 428 out of 724 projects are delayed. In railways, out of 173 projects, 117 are delayed, while in the petroleum sector, 88 out of 158 projects are running behind schedule, as per the latest flash report on infrastructure...