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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...
Banks, financial institutions should safeguard banking security: RBI
The banks should continuously evaluate the threat profile of their critical information assets, conduct tests for vulnerabilities and ensure their resilience to cybersecurity risks, he added. Mumbai: In view of the cybersecurity risk posed to the banking sector,...
Indian aviation market & tailwinds of growth
"With the economy growing and disposable income growing, there is a huge opportunity for Indians to travel abroad… This 75 million passengers is likely to go to 120-125 million over the next 7-10 years," Union minister Jyotiraditya Scindia said. A raft of factors --...
Mobile health intervention can help prevent secondary stroke: Study
Mobile health (mHealth) refers to the use of mobile and wireless devices to improve health and deliver care Stroke (brain attack) is one of the leading causes of death and disability in India. There are two types of stroke; ischemic when there is a blockage in one of...
ESG markets investors wake up to a new risk of financing arrangements across Adani Group conglomerate
Norway’s largest pension fund, KLP, recently dumped its entire holding of shares in Adani Green Energy Ltd., the renewables part of the empire, amid concerns that it might inadvertently have helped finance some of the world’s most polluting activities via the stake. A...
Indian ESG-focused firms performed better than global peers: RBI
The findings suggested that the companies which have managed and disclosed their ESG related risks better are associated with higher stock prices compared to a larger set of listed companies which do not have such disclosures India ranks ahead of all the countries...
Shining global outlook for gold in 2023
In the last one year, gold purchases in the international markets was about 4,000 tonne of which 1,400 tonne took place in the last quarter, said Emkay Global "The yellow metal has already posted over three per cent gains in the month of January, 2023. The current...
Aon’s rebuilding for resilience project addresses Hurricane Ian devastation
Dan Dick, global head of property analytics at Aon’s Reinsurance Solutions, said: “Our teams gained first-hand experience of the devastation caused by this historic hurricane, which allowed us to conduct thorough analyses and identify practical steps to improve...
IRDAI convenes 2-day industry CEOs meet on March 1-2 in Hyderabad
IRDA chairman Debasish Panda will address CEOs of general insurance companies, SAHI companies and reinsurers on March 1. On March 2, Panda will meet all the CEOs of the industry in the morning session and CEOs of only life insurance companies and reinsurance companies...
FPIs shift focus back on Indian market; invests Rs 7,600 cr in a week
It appears that the sustained selling in India witnessed from early January is over but they might sell again at higher levels, VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said New Delhi: Foreign investors seem to have shifted their focus...
Mutual funds’ collection through NFO drops 38% to Rs 62,000 crore in 2022
"The year 2022 was relatively dull with low single-digit returns on a couple of key market-cap based indices while some even trod into the negative territory. A combination of inflation-interest rate dynamics, geopolitical upheavals and consequent economic...
eSanjeevani: Telemedicine services connecting patients with doctors online revolutionising health sector in UP
Telemedicine entails the delivery of health services from a distance using the internet and it not only extends the reach of health services but also improves the quality of health services besides saving time and money The Uttar Pradesh government is running 128...
27 feedback loops, or global warming accelerators, need to be accounted for in climate models: Study
Emissions have risen substantially over the last century, the researchers noted, despite several decades of warnings that they should be significantly curbed The scientists said interactions among feedback loops could cause a permanent shift away from the Earth’s...
Drone delivers anti-TB drugs to Tehri Garhwal hospital from AIIMS Rishikesh in just 30 mins
Despite several trials of delivering medical supplies being conducted across the country, limited evidence is available on the integration of the technology with the existing healthcare system and the analysis of the cost effectiveness of the drone technology in...