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Here is a masonry blog layout with no sidebarBanks’ 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...
Study: Everyday well-being improved by good interaction with a friend
“The types of communication we chose to study were ones shown in past research to make people feel more bonded through conversation.” There were seven:Catching up,Meaningful talk,Joking around.Showing care.listening,Valuing others and their opinions.Offering sincere...
Major earthquake kills 4,600 in Turkey and Syria, weather hits survivors
In Turkey, the death toll stood at 2,316, the Disaster and Emergency Management Authority (AFAD) said, making it the country's deadliest earthquake since a tremor of similar magnitude in 1999 devastated the heavily populated eastern Marmara Sea region near Istanbul,...
NDRF personnel with specially equipped trained dog squad departs for earthquake-hit Turkey
"Medical teams are also being readied with trained doctors and paramedics with essential medicines. Relief material will be dispatched in coordination with the Turkish government and the Indian Embassy in Ankara and Consulate General office in Istanbul," the PMO said....
7.8 magnitude quake knocks down buildings in central Turkey
Several buildings tumbled down in the neighboring provinces of Malatya, Diyarbakir and Malatya, HaberTurk television reported. There was no immediate reports on casualties The earthquake was also felt in Lebanon and Syria ANKARA: A 7.8 magnitude earthquake shock...
Linking PAN with Aadhaar: CBDT chairperson says 48 cr linked so far
The government has made the linkage of the two databases mandatory and declared that those individual PANs that are not attached to the Aadhaar by the end of this financial year (March 31, 2023) will be rendered inoperative. New Delhi: About 48 crore individual...
Foreign investors continue sell-off in Indian stocks; sold Rs 34,605 crore in 2023
Barring some exceptions, foreign portfolio investors (FPIs) had been selling equities in the Indian markets for over a year, which started in October 2021 for various reasons. Tightening monetary policy in advanced economies including rising demand for...
Consumption of ultra-processed food linked to Cancer
For every 10 per cent increase in ultra-processed food in a person's diet, there was an increased incidence of 2 per cent for cancer overall and a 19 per cent increase for ovarian cancer specifically. According to an observational study done by Imperial College...
Higher investment limit in saving schemes to help sr citizens, middle class
TV Somanathan,Finance Secretary The Budget 2023-24 raised the maximum deposit limit for Senior Citizen Savings Scheme from Rs 15 lakh to Rs 30 lakh. Also, the maximum deposit limit for Monthly Income Account Scheme will be enhanced from Rs 4.5 lakh to Rs 9 lakh for a...
Study: Everyday well-being improved by good interaction with a friend
"Quality Conversation Can Increase Daily Well-Being" was published in the journal Communication Research by Hall and co-authors Amanda Holmstrom, Natalie Pennington, Evan Perrault and Daniel Totzkay By the end of the day, talking to a buddy only once to catch up, have...
Mental health consulting needs to be included in health insurance: Report
Mayank Bathwal, CEO, Aditya Birla Health Insurance, said, ''Due to the pandemic, in the 'New Health Normal', people are realising the importance of a health-focused lifestyle and are actively seeking avenues that can support this healthy lifestyle - both online and...