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India to debut in green bond market with $1 billion auction on Wednesday
They make a modest trial balloon for the country’s broader goals for green finance. Prime Minister Narendra Modi has ambitious plans for renewable energy and projects that bolster the country’s resilience to extreme weather and higher temperatures, and India has said...
First Covid, now layoffs: Indian professionals undergo tremendous stress, anxiety
Saumya Mudgal, Senior Consultant, Psychiatry, Max Hospital in Gurugram said there has been a drastic increase in the number of patients coming from MNCs. "These patients are usually presented with the issues of panic anxiety and panic disorder with agoraphobia and...
India Protection Gap: Term insurance ownership remains stagnant
The following findings reveal insights that highlight urban India’s shift in attitude and approach towards financial preparedness as shown in a survey-India Protection Quotient 5.0,fifth edition(1st edition of the survey was done in 2019) conducted by Max Life...
Post Covid, insurance awareness rises : Max Life’s survey
Prashant Tripathy, managing director and CEO, Max Life Insurance India has begun recognizing the real value of term insurance, ownership remains an area of challenge that the life insurance industry will need to work hard to address New Delhi: A survey, by Max Life...
Five billion people globally remain unprotected from harmful trans fat: WHO
Dr Tedros Adhanom Ghebreyesus,Director-General,WHO. Industrially produced trans fat (also called industrially produced trans-fatty acids) is commonly found in packaged foods, baked goods, cooking oils and spreads. Trans fat intake is responsible for up to 500 000...
Women show higher risk of developing cancer in both breast: Research
Study led by the Mayo Clinic Comprehensive Cancer Center. The study's findings, published in the Journal of Clinical Oncology, will help personalise approaches to breast cancer screening and risk factors, according to the study's authors. Women who have cancer in one...
Considering downgrading Covid-19 to same category as seasonal influenza: Japan’s PM Fumio Kishida
Fumio Kishida, Prime Minister,Japan Currently, Covid is given the second rank which is equal to tuberculosis and avian influenza. Further, the officials plan to put it at the fifth rank, equaling to seasonal influenza, CNN reported quoting Japan's Health Ministry. "In...
B’desh asks Russia not to send cargo through ships under US sanctions
His comments came weeks after Moscow last month sent a ship to deliver equipment for Bangladesh’s Rooppur nuclear power plant, which is being built with Russian assistance, but Dhaka refused to accept the vessel due to the US sanctions Dhaka: Bangladesh on Sunday...
Climate change:Punjab’s cotton maize yield to dip by 11-13 by 2050, says report
One of the most intriguing findings is that changes in minimum temperature have resulted in changes in mean temperature throughout all growing seasons. It means that the minimum temperature has shown a rising trend," the report said A rise in minimum temperature is...
India on top gear in its drive to achieve ambitious 2030 milestones
For a market that already has over 13 lakh EVs including 2Ws, 3Ws, and 4Ws, and continues to grow, the coming years hold tremendous promise If Maruti launches its first EV priced below Rs 10 lakh, it can be a potential game-changer. Currently, Tata Tiago is the only...
Budget- 2023-24: “Cut GST rate from 18% to 5% on health insurance premiums”
It is expected that the government in the upcoming budget comes up with a series of measures to boost this sector, thus considering 5% GST tax slab on health insurance premium to make it more affordable for the people living in the middle-income group to get access to...
Budget Wishlist: Insurers expect for tax concessions to push industry’s growth
Scrapping or slashing of Goods and Services Tax (GST) on insurance premiums, making pension/annuity proceeds tax-free, and creating a separate category for tax deduction for premium paid are some of the budget wishlist of Indian insurers The industry players are also...
Inflow in gold ETFs drops 90 pc in 2022; asset base, investors account grow
''A rising price (of gold) probably puts some pressure on investors, with a lot of people holding back their investments while they wait for a correction. A rising interest rate structure coupled with inflationary pressures that the economy has been witnessing for...
FPIs pull out Rs 15,236 cr from equities in Jan as China reopens
Foreign investors pulled out a net amount of Rs 15,236 crore this month so far on attractive Chinese markets and concerns about the US economy entering a recession. However, foreign portfolio investors (FPIs) have turned buyers in the last four trading sessions. The...
China’s National Bureau of Statistics refuses to reveal number of deaths occurred in December, 2022: Report
The National Bureau of Statistics reported a total of 10.41 million deaths in 2022, averaging 867,500 deaths per month. The announced 59,938 COVID-19-related deaths over a month, showcased 7 per cent of 2022's monthly average deaths, which is in no way consistent with...
First Indian intranasal Covid-19 vaccine to be launched on Jan 26
Earlier, Bharat Biotech had announced that it would sell the intranasal vaccine for Rs 325 per shot for procurement by the government and Rs 800 per shot for private vaccination centres Homegrown vaccine for the lumpy skin disease in cattle, Lumpi-ProVacInd, is likely...
343 infrastructure projects show cost overruns of Rs 4.5 lakh crore
Reasons for time overruns as reported by various project implementing agencies include delay in land acquisition, delay in obtaining forest and environment clearances, and lack of infrastructure support and linkages New Delhi: As many as 343 infrastructure projects,...
Maha govt positive about old pension scheme for teachers and govt employees: CM Shinde
Eknath Shinde, Chief Minister,Maharashtra Under the old pension scheme, employees get a defined pension. Under this, an employee is entitled for a 50 per cent amount of the last salary drawn as pension However, the pension amount is contributory under the National...