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Money in NPS belongs to people can’t go back to state govts as per law FM
Nirmala Sitharaman, Finance Minister Responding to queries on restoration of the old pension scheme (OPS), Sitharaman clarified at a press conference that Rajasthan and Chhattisgarh governments that are asking the Centre to return the money, cannot get it back as per...
DigiLocker users can now store Ayushman Bharat health records
DigiLocker had earlier completed level 1 integration with ABDM wherein the platform had added ABHA or Ayushman Bharat Health Account creation facility for its 13 crore users. The latest integration will now enable users to utilize DigiLocker as a Personal Health...
Centre unveils repository for life science data
The Centre also hosts an online 'Dashboard' for the genomic surveillance data generated by the INSACOG labs that provides customised data submission, access, data analysis services, and real-time SARS-CoV-2 variant monitoring across India. Data submission and access...
Govt amends Aadhaar rules; supporting documents may be updated ‘at least once’ in 10 years
“Aadhaar number holders may, on completion of every 10 years from the date of enrolment for Aadhaar, update their supporting documents in Aadhaar, at least once, by submitting Proof of Identity (POI) and Proof of Address (POA) documents…so as to ensure continued...
Another earthquake hits Nepal
No loss of lives were reported so far. Wednesday's earthquake occurred at 2:12 am with its epicentre at Khaptad National Park in the Doti district of the quake-prone Himalayan nation, damaging scores of houses and sparking panic among the people who were sleeping...
Eight Indians among 10 killed in Maldives garage fire: Indian High Commission official
In a tweet earlier, the Indian High Commission said, “We are deeply saddened by the tragic fire incident in Malé which has caused loss of lives, including reportedly of Indian nationals. We are in close contact with the Maldivian authorities” Male: Eight Indians were...
African insurers take up climate change fight with $14 bln pledge
The newly created African Climate Risk Facility(ACRF) will provide protection for 1.4 billion people against floods, droughts and tropical cyclones by providing $14 billion of climate risk insurance by 2030 to African sovereigns, cities, humanitarian organizations and...
COP27: Regulators plan closer scrutiny of carbon markets
The International Organization of Securities Commissions (IOSCO), which groups securities regulators from across the world, made recommendations to improve ‘compliance’ carbon markets, and asked whether regulators should be more involved in ‘voluntary’ carbon...
Explainer: COP27: How climate change impacts countries around the world
Countries with territory in the Himalayan mountains or its foothills, including China, India, Nepal and Pakistan, could face sudden flooding events, the report said. As the ice melts, water can pool behind rocky ridges to form lakes. And when those rocks give way,...
GIC Re net profit surges 85% to Rs 1,860 crore in Q2 FY2023
Devesh Shrtivastav, CMD, GIC Re GIC Re has performed well in the last couple of quarters, despite uncertain market condition owing to sanction, political upheaval, wear and tear of war crises, and vagaries of climate change. I think, we weathered the Pandemic...
COP27 UN conference- GFIA calls for collective action to prevent loss of life and reduce economic losses
Serving policyholders at all the milestones in their lives, (re)insurers play a crucial role in addressing climate-related risks, primarily through their measuring, pricing and assumption of risk and thus through their payment of insured claims — including life and...
Insurers take up `GST evasion’ issue with Govt, Revenue Secy Bajaj assures fair investigation and no coercive actions
Tarun Bajaj, revenue secretary, ministry of finance The government has said investigations by the Directorate General of GST Intelligence, Mumbai Zonal Unit have revealed that input tax credit of Rs 824 crore has been availed by 16 insurers, out of which an amount of...
FinMin finalizes framework for sovereign green bonds
These rupee-denominated papers will have long tenure to suit the requirement of green infrastructure projects. New Delhi: The Finance Ministry has finalized the framework to issue sovereign green bonds in line with global standards, according to sources. The...
Census, NPR databases declared as critical information infrastructure
The computer resources of all associated dependencies of the aforementioned entities have also been declared as “protected systems” under the law New Delhi: The government has declared certain databases related to the Census and the National Population Register (NPR)...
At least 6 dead as 6.3-magnitude earthquake hits Nepal; tremors felt across north India
The National Earthquake Monitoring Centre of Nepal said a 6.6-magnitude quake was recorded at 2.12 am. The epicentre was Doti district. Mild aftershocks were also felt in the Uttarakhand-Nepal region at 3:15 am and 6:27 am. The NCS said the magnitude of the two...
COP 27-World Bank will host facility for climate disaster risk – Malpass
World president David Malpass said announced the new instrument, called the Global Shield Financing Facility, at a meeting with German Chancellor Olaf Scholz, who has spearheaded the effort among G7 members to create a program to give vulnerable countries access to...
Allianz to pause paid Twitter ads for now – spokesperson
German insurer and asset manager Allianz will halt its paid advertising on Twitter for now, a spokesperson said on Monday, the latest in a wave of similar moves by companies in the wake of Elon Musk’s takeover of the social media platform.
Tesla changes insurance incentive scheme in China to urge purchases
Tesla delivered 71,704 China-made electric vehicles (EVs) in October, down 14% from a record high in September, according to the China Passenger Car Association last week Tesla Inc. said it has raised insurance incentives for car orders in China placed before Nov. 30,...