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Here is a masonry blog layout with no sidebarSC refuses to entertain pleas on two-child norm for controlling population
The plea said the high court failed to appreciate that the right to clean air, right to drinking water, right to health, right to peaceful sleep, right to shelter, right to livelihood and right to education guaranteed under Articles 21 and 21A of the Constitution...
No proposal on loss and damage funding in draft COP 27 climate deal document
Loss and damage refer to the consequences of climate change that go beyond what people can adapt to, or when options exist but a community doesn’t have the resources to access or utilise them Financing or a new fund for addressing loss and damage — for example money...
Analysis: India power binges on coal, outpaces Asia
India’s government has said it was committed to achieve net zero emissions by 2070, and official data reviewed by Reuters shows that renewable energy generation grew 21% in March to October, even as coal use for power increased. MUMBAI: India's coal-fired power output...
Govt proposes penalty of up to Rs 500 cr for data breach under Data Protection Bill
The draft bill, renamed as The Digital Personal Data Protection Bill, 2022, has laid out the conditions for collecting data and the consent of the people whose data would be processed. New Delhi: The government has raised the penalty amount to up to Rs 500 crore for...
Emerging Risks: Financial sector reliance on 2-3 big tech cos poses major risks, says Axis Bank CEO
Amitabh Chaudhry, managing director and chief executive warned that "the country's banking system now relies on two three big companies for their software service requirements, and this can lead to emerging risks in case these companies stop investing and ensuring...
AUM Asset Management launches ILS Ocean Fund Investing in ILS
The underwriting strategy for The Fund will mirror that of the captive insurance company in which it is invested, Ocean International Reinsurance Co Ltd. ("Ocean RE"), and will take a vertical cut of all lines of business (excluding Life Business), supported by the...
Oriental Insurance CMD Anjan Dey puts in his papers on health grounds
Anjan Dey, CMD, Oriental Insurance Company N Ramaswamy,general manager, GIC Re and RR Singh,diretor & general manager,OIC, are two top contenders for the OIC chief post Dey had joined OIC in March 2021 and has tenure till November 2023 It is now expected a lot of...
InsuranceDekho partners with LIC
Insurtech InsuranceDekho has partnered with Life Insurance Corporation of India (LIC) to sell the corporation's products on its platform. Ankit Agrawal, CEO, and Co-founder, InsuranceDekho, said, “We will leverage the best technology, POSP partner practices, and...
Medi Assist acquires majority stakes in UK-based healthcare company Mayfair
Satish Gidugu, CEO, Medi Assist said,“ With Indian corporates expanding internationally and international travel on the rise, demand for international health insurance is witnessing tremendous growth. With this new alliance, we aim to provide services beyond Indian...
Network of Twitter fake accounts stoked violence in UK
An estimated 500 inauthentic accounts that called for violence and promoted memes as well as incendiary videos were created on Twitter Inc. during riots in Leicester between late August and early September this year, according to the Network Contagion Research...
Pradhan writes to Tomar, seeks probe into farmers’ insurance scheme implementation in Odisha
Pradhan also sought a probe into the ''conduct of private insurance companies empanelled in the PMFBY in Odisha, especially in Bargarh district'' The education minister, in the letter, said that the issue was being raised by him after having received a petition from...
PFRDA appoints Suraj Bhan as chairman of NPS Trust
PFRDA has onboarded Shriram Life Insurance Company (SLIC) as the annuity service provider for the NPS scheme. The empanelment will help the insurance company manage the annuity component of the maturity proceeds under the National Pension System (NPS), SLIC said in a...
FTX’s Bankman-Fried, celebrity promoters sued in US by crypto investors
The proposed class action filed late Tuesday night in Miami alleges that FTX yield-bearing accounts were unregistered securities that were unlawfully sold in the U.S When the crypto exchange faltered on liquidity concerns, U.S. investors sustained $11 billion in...
EU monitors FTX collapse with major Crypto law in final stages
The FTX unraveling, which led to its bankruptcy filing and lopped about $200 billion off crypto market value in the last week, is occurring as the EU is about to implement new legislation on supervision of cryptoasset service providers The measure will also add...
UK in advanced talks with regulators on insurance reforms
Ministers have pushed for insurers to be able to direct more capital into areas such as infrastructure and climate transition. The Prudential Regulation Authority (PRA) has warned that loosening the restrictions on where insurers can invest could put future...
LIC’s move to sell Reliance Capital’s debt to ARC upsets lenders, bidders
LIC's timing and pricing of selling its Rs 3,400 crore debt of RCAP debt have raised eyebrows. Bidders have alleged a conflict of interest in the sale of LIC debt to ACRE, as both ACRE and LIC are members of RCAP's COC. ACRE has an exposure of Rs 1,350 crore in RCAP...
Developing countries, China seek ‘loss and damage’ fund – draft proposal
The subject of loss and damage has for the first time been included on the official COP agenda. But developed and developing nations are split over whether a new mechanism is needed or whether existing financial institutions can deliver the cash needed. The G77 bloc...
California tries to harness megastorm floods to ease crippling droughts
HURON, Calif: The land along the Arroyo Pasajero Creek, halfway between Sacramento and Los Angeles, is too dry to farm some years and dangerously flooded in others. Amid the cycles of wet and dry — both phenomena exacerbated by climate change — a coalition of local...