Welcome to My Blog
Here is a masonry blog layout with no sidebar
World Bank seeks to unclog Cat Bond jam in emerging markets
“Most of our transactions today have been either earthquake or hurricane,” said Bennett, referring to insured risks. “I think that will continue to be the largest, but certainly people are thinking about things like drought and flooding” Michael Bennett, head of...
Number of heart-related deaths rose more than sixfold during the COVID-19 pandemic: Africa’s biggest insurer
“Analysis of our annual claims data reveals a visible and concerning increase in the incidence of deaths associated with cardiovascular disease among our client base,” said Guy Chennells, head of product at Discovery Employee Benefits, in a separate statement. There...
U’Khan HC imposes Rs 50,000 fine on Facebook for not replying to notice
The court was hearing a PIL alleging that fake IDs were being created on Facebook and friend requests sent through them Nainital (U’khand): The Uttarakhand High Court on Wednesday imposed a fine of Rs 50,000 on Facebook for not replying to its notice in connection...
Common workplace fumes, dusts may heighten rheumatoid arthritis risk
It is well known that smoking increases a person's risk of developing rheumatoid arthritis, but it is unknown what effect inhaling dust and fumes from the workplace may have According to research published online in the Annals of the Rheumatic Diseases, breathing in...
RBI raises key rate, says inflation battle not over, lowers economic growth projection to 6.8 pc
"The MPC was of the view that further calibrated monetary policy action was warranted to keep inflation expectations anchored, break core inflation persistence and contain second round effects,” said Shaktikanta Das,governor, RBI The MPC lowered its GDP growth...
Hackers attack ICMR website around 6000 times in a day: Official
A proposal for developing an ICMR Data Centre (Delhi and Chennai) and a Disaster-Recovery site (Bangalore) is being developed on a turnkey basis. New Delhi: Hackers allegedly tried to breach the website of the apex health research body ICMR but their attempts were...
More than 1 in 5 worldwide suffering from violence at work: ILO
The most common reasons given for non-disclosure were that it was seen as a "waste of time", leaving people who have been abused, fearing for their reputation. Women were more likely to share their experiences than men (60.7 per cent compared to 50.1 per cent) UN:...
Cryptoverse: Forget crypto winter, this is a bitcoin ‘bloodbath’
It's been a brutal year for investors. Bitcoin's price has dropped 63%, while the overall cryptocurrency market capitalization has lost $1.63 trillion in value. The collapse of Sam Bankman-Fried's FTX exchange hammered a long nail into the market. "I'm nearly...
Oil tankers blocked near Turkey by proof-of-insurance rule
The measure, which came into force on Friday, compels ships carrying crude oil to have a letter from their insurer guaranteeing cover while in Turkey’s waters. Oil shipments from Russia and Kazakhstan are getting ensnared in a Turkish government rule to provide proof...
Sebi relaxes rules for govt for PSU disinvestment
Against this backdrop, Sebi has decided to dispense with the requirement of calculating 60 days' VWAMP for the determination of open offer price in case of disinvestment of PSU companies wherein it results in its change in control, either by way of direct acquisition...
Centre reviews preparedness for possible cyclonic storm over Bay of Bengal
Reviewing preparedness of the states/UT and central agencies, Cabinet Secretary Rajiv Gauba, stressed that preventive and precautionary measures should be taken by the authorities concerned of state/UT governments and the central agencies concerned. The aim should be...
India brought 4.78 lakh hectare land under natural farming last year
To promote natural farming, the central government has approved the National Mission on Natural Farming as a separate scheme with an expenditure of Rs 1,584 crore, said Union agriculture minister Narendra Singh Tomar while addressing the National Conference on Soil...
Toyota Kirloskar recalls around 1K units of Urban Cruiser Hyryder
In a statement, the company said it has initiated a voluntary recall campaign for certain Urban Cruiser Hyryder units to investigate for a possible issue with front seat belt shoulder height adjuster plate assembly New Delhi: Toyota Kirloskar Motor on Tuesday said it...
South Korea’s only reinsurer announces to drop new coal, but with loopholes
Asia’s second-largest reinsurance company, Korean Re, will no longer be providing reinsurance 1 for new coal mining or power plant construction from next month. Over 60 percent of the global reinsurance market, including reinsurers such as Hannover Re and Swiss Re,...
Govt to allow foreign funds to own over 51% in IDBI Bank
The current guidelines of the Reserve Bank of India restrict foreign ownership in new private banks. The government and Life Insurance Corporation of India together hold 94.71% in IDBI Bank and are looking to sell 60.72%. New Delhi: The Indian government will allow a...
Europe sets Russian Oil at $60 a Barrel: What changes now
The UK and EU will also introduce a ban on maritime services for the transport of Russian oil, including to third countries. The list of banned services includes insurance, brokerage and crucially the EU-based tanker fleet including ships owned in Greece and Cyprus....
Ahead of budget, economists demand increase in social security pension and maternity benefits
According to the letter, the central government's contribution to old-age pensions under the National Old Age Pension Scheme (NOAPS) has stagnated at just Rs 200 per month since 2006. The letter said the central government's contribution should be immediately raised...
Differences emerge between lenders, advisors over resolution plan options for RCL; lenders meet on Tue
Deloitte, the process advisor of Reliance Capital Ltd (RCL) Administrator Y Nageshwar Rao, is of the opinion that the value of the bids is almost 70 per cent below the liquidation value of Rs 13,000 crore, sources said. Mumbai: Differences have emerged between lenders...