Welcome to My Blog
Here is a masonry blog layout with no sidebar
Indian Inc mandatorily has to report all cyber incidents to CERT-In: Govt
.“To effectvly fight cybercrime, all companies n enterprises must mandatorily report cyber incidents to @IndianCERT, New #CyberSecurity directions for a #SafeAndTrusted Internet issued under Sec 70b of IT Act,” said Union Minister of state for Electronics and IT...
Omicron sub-lineages likely evade vaccines, natural immunity: South African scientist
The BA.4 and BA.5 sub-lineages appear to be more infectious than the earlier BA.2 lineage, which itself was more infectious than the original Omicron variant, Tulio de Oliveira, the head of the institutes JOHANNESBURG: New Omicron sub-lineages, discovered by South...
Generali CEO Donnet survives but faces rebel pressure
Philippe Donnet, CEO,Generali, “The unambiguous choice of a majority of shareholders is proof of the confidence they have in our management team and strategic plan,” said Donnet, who enjoyed the backing of leading investor Mediobanca and Generali’s institutional...
Allianz toughens oil & gas policy to help meet climate goal
With pressure mounting to accelerate corporate efforts to reduce emissions, Allianz announced that beginning in 2023, it would cease issuing new property and casualty insurance to fund new oil and gas projects and would cease renewing existing contracts in July 2023...
Sales of Mumbai house priced above Rs 10 cr double to Rs 20,255 cr: Report
"During the lockdowns, HNIs and ultra HNIs got the much-needed break to analyse and strengthen their real estate portfolio," Abhishek Kiran Gupta, CEO and co-founder, CRE Matrix Sales of luxury housing units priced over Rs 10 crore in Mumbai jumped more than two-fold...
WHO calls for end to ‘insidious’ online marketing of baby formula
The study found companies are paying social media platforms and influencers to gain direct access to pregnant women and mothers at some of the most vulnerable moments in their lives, through personalized content that is often not recognizable as advertising. The $55...
Extreme heat: Million get impacted across India and Pakistan
Extreme heat has multiple and cascading impacts not just on human health, but also on ecosystems, agriculture, water and energy supplies and key sectors of the economy With extreme heat gripping large parts of India and Pakistan, the two countries are working to roll...
Gujarat: 3 Officials, Surveyor, Private Firm Owner Convicted for Insurance Fraud
As per the case registered by the CBI in January 2003 on a complaint from NIACL's Mumbai office, the accused, in conspiracy with the private persons and surveyors, had issued open marine policies in the name of a non-existing firm called Falcon Industries, Vadodara,...
IRDA panel recommends combi products with common tech platform
The committee feels that one of the options to ensure uniformity and efficiency in the administration of the combi product through the use of technology is to develop a common technological platform with the involvement of the Life Insurance Counciland the General...
FinMin, Sebi to take call on relaxation in LIC meeting minimum public holding norm: DIPAM Secy
Under the Sebi's minimum public shareholding norms, listed entities with a valuation of over one lakh crore need to have at least 25 per cent public shareholding within 5 years of listing. The government had last year exempted public sector entities from this norm New...
LIC IPO price attractive; lot of growth potential: Chairman Kumar
More than the embedded value one should look at the value for new business (VNB) going forward, and it should reach 12-13 in the future, LIC Chairman MR Kumar said VNB margin is what investors would be looking at and it is 9 for LIC at present, he said. New Delhi: LIC...
It may take 12 years for Indian economy to overcome COVID losses: RBI
The output losses for individual years have been worked out to Rs 19.1 lakh crore, Rs 17.1 lakh crore and Rs 16.4 lakh crore for 2020-21, 2021-22 and 2022-23, respectively Mumbai: The Indian economy is likely to take over 12 years to overcome the COVID-19 losses,...
IRDA raises investment limit of insurers in financial sector companies to 30% from 25%
`The new higher limit will allow insurers to invest larger amount of money in safe instruments of other financial sector companies including insurance companies and improve their returns,'' said industry sources Hyderabad: In a bid to boost investment income for...
Heat wave scorches India’s wheat crop, snags export plans
The heat in March — the hottest in India since records first started being kept in 1901 — that stunted crops. Wheat is very sensitive to heat, especially during the final stage when its kernels mature and ripen Climate change has made India’s heat wave hotter, said...
Climate change: 4% of global GDP could be lost by 2050, Indian subcontinent to be badly hit
Bangladesh, India, Pakistan and Sri Lanka's exposure to wildfires, floods, major storms and also water shortages mean South Asia has 10%-18% of GDP at risk, roughly treble that of North America and 10 times more than the least-affected region, Europe Climate change...
Record global InsurTech funding of $15.8 billion in 2021:Report
By the end of 2021, an enormous $41.65 billion had been invested globally into InsurTechs across 2,249 deals in 63 countries. It included 99 mega-round deals, which accounted for $21.88 billion of the total. Therefore, more than half of all the investment (52%)...
GIC Pte, ADIA and Norway Sovereign Wealth Fund to be anchor investors in LIC IPO
The LIC IPO aims to raise as much as Rs 210 billion ($2.7 billion) by pricing shares between 902 rupees to Rs 949 rupees each. Norges Bank Investment Management, GIC Pte and Abu Dhabi Investment Authority will be among the anchor names due to be announced Monday, the...
EU counters lawsuits used by rich and powerful to silence critics
A proposed law on so-called Strategic Lawsuits Against Public Participation, or SLAPPs, targets “groundless or exaggerated” lawsuits intended to “censor, intimidate and silence” journalists and others, the European Commission announced on Wednesday Wealthy individuals...