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Here is a masonry blog layout with no sidebarGold faces longest monthly losing streak since 2018 on rate hikes
Inflation has hit multi-decade highs in many parts of the world, forcing central banks to tighten monetary policy. Gold is highly sensitive to rising U.S. interest rates, which increase the opportunity cost of holding non-yielding bullion Gold prices fell on Wednesday...
India remains fastest growing economy with 13.5% growth in Q1
The government is expecting the economy to grow at 7-7.5 per cent in 2022-23, in line with its projections made at the beginning of this financial year. India's $3.3 trillion economy, with a per capita income of around $2100, has grown less than 2% a year in real...
Sixty per cent people delaying treatment due to lack of health cover: Survey
'India has the lowest rates of health insurance penetration and COVID-19 induced medical inflation has caused people to delay surgeries. Elective surgeries are not life-threatening but any delay can impact the overall quality of life,'' Pristyn Care co-founder...
Pakistan could have averted climate catastrophe that has killed over 1,000
The infusion of $1.16 billion by IMF might help unlock enough cash to get the country through the next couple of years — but the floods themselves have caused more than $10 billion of damage, much of which will end up boosting the country’s $255 billion in debt. If...
Health insurance needs to provide covers for geriatrics care and pre-existing diseases, IRDAI chief
Debasish Panda, Chairman, IRDAI Health insurance sector has the potential to grow at a CAGR of 30-35 per cent with 3 A’s - Awareness, Accessibility and Affordability IRDAI has come up with BIMA SUGAM- an all in one insurance platform, where one can sell all products...
Wildfire, floods don’t need to turn into disasters: UN risk report
“Disasters occurring in completely different parts of the world at first appear disconnected from each other. But when you start analyzing them in more detail it quickly becomes clear that they are caused by the same things, for example greenhouse gas emissions or...
Prevention measures crucial to tackling risk of battery fires in shipping: Allianz
AGCS analysis of over 240,000 marine insurance industry claims over the past five years (with a value of €9.2bn), shows that fire/explosion (from all causes) is the most expensive cause of loss, accounting for 18% of the value of all claims Singapore: Recent incidents...
Ageas Federal Life deploys Munich Re Automation Solutions for cloud-based underwriting shift
Alby van Wyk, Chief Commercial Officer at Munich Re Automation Solutions said: “With the Indian life insurance industry speeding up to digitalisation, through the adoption of SPARK, Ageas Federal Life is demonstrating its commitment to, not just a seamless customer...
Half of health care facilities globally lack basic hygiene services: UN report
Around 3.85 billion people use these facilities, putting them at greater risk of infection, including 688 million people who receive care at facilities with no hygiene services at all Half of health care facilities worldwide lack basic hygiene services with water and...
COVID drives down U.S. life expectancy for the second straight year – CDC data
The nearly one-year decline from 2020 to 76.1 years marked the largest two-year drop in life expectancy at birth in close to a century, the U.S. Centers for Disease Control and Prevention (CDC) found. Disparity in life expectancy between men and women also widened...
Precaution dose coverage remains at mere 12 pc despite govt efforts: Sources
According to latest genome sequencing data,, BA.2.75, a new sub lineage of Omicron, has become the dominant coronavirus strain circulating in the country New Delhi: With a mere 12 per cent coverage of precaution doses across the country so far, the Union Health...
Electric vehicles on Indian roads to touch 5cr by 2030; big opportunity for EV charging players: KPMG
''As of March 2022, the number of EVs on Indian roads had surpassed one million. This number is likely to grow to 45-50 million EVs on road by 2030,'' it said 'Currently, only about 1,700 public charging stations are operational across the country which is inadequate...
India’s data centre industry worth USD 5.6 bn; set to grow further: Report
At present, there are 138 data centres across India spanning about 11 million square feet and having 737 MW of IT capacity (building ready). At least 57 per cent of this current IT capacity is in Mumbai and Chennai, collectively. India's data centre industry size is...
Fairfax looks to settle mutual fund cross-holding norms case with Sebi
The capital markets regulator, in October 2021, issued a show cause notice against Fairfax Financial Holdings Limited (FFHL), the ultimate parent entity of Fairfax Group, alleging a violation of mutual fund rules by FFHL, according to the draft IPO documents of Go...
Pakistan’s fatal flooding has hallmarks of global warming:
The recent flood in Pakistan is actually an outcome of the climate catastrophe … that was looming very large. The kind of incessant rainfall that has happened … has been unprecedented,"said Anjal Prakash, a research director at India's Bharti Institute of Public...
India can become an upper-middle-income country by 2047: Bibek Debroy
Bibek Debroy,Chairman,EAC-PM The country can become a USD 20 trillion economies by 2047 at this growth rate, he added. India, the world's sixth largest economy with a GDP of USD 2.7 trillion, is currently classified as a developing nation. New Delhi: India can become...
Floods, other water-related disasters could cost global economy $5.6 trillion by 2050 -report
Of the five business sectors most vital to the global economy, manufacturing and distribution would be hit hardest by disasters costing $4.2 trillion as water scarcity disrupts production while storms and floods destroy infrastructure and inventory. read more Last...
Axis Bank eyes 10% stake in Go Digit life insurance business: Report
Axis is planning to take a 10% stake for around $9 million in the start-up's upcoming life insurance business, effectively valuing the business at $90 million, said the two sources, who declined to be named as the talks were private. Mumbai: Axis Bank, the largest...