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Market Rally-Investors richer by over Rs 5.74 trn in two days
"Positive global clues lifted sentiments for the second straight day. The board-based rally saw buying across different sectors," said Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities Mumbai: Investors have become richer by over Rs 5.74 lakh crore...
Govt to take action against defaulting EV firms in e-scooter fire accidents: Gadkari
“We have constituted an expert committee to enquire into these incidents and make recommendations on remedial steps. Based on the reports, we will issue necessary orders on the defaulting companies,” the road transport and highways minister Ntin Gadkari said New...
SBI General Insurance, one of India’s leading General Insurance companies today announced its financial results for FY 2021-22. The company demonstrated strong growth in the health insurance segment with a 50% growth in GWP, whereas it has reported an overall growth...
Eight hour blackouts hit India; hottest March points to ‘looming power crisis’
Although outages aren’t uncommon in India, the situation this year particularly points to a “looming power crisis,” said Shailendra Dubey, chairman of All India Power Engineers Federation, an advocacy group. An already sweltering summer and acute coal shortages are...
Government likely to take a call on timing of LIC IPO within this week
The official said it would be a tough call to decide whether to go ahead with the retail and domestic investor demand or to wait for geopolitical tension to ease and FIIs to return to market. "A decision on timing the IPO would be taken this week," the official told...
Reinsurance, London market sector outlooks lowered to neutral: Fitch
For the global reinsurance market and the London market, the war itself represents a mid-sized catastrophe event, mostly affecting specialty lines such as aviation, marine, political risk, trade credit and cyber insurance London: Fitch Ratings has revised its global...
U.K. sets gender, ethnicity targets for executives, boards
“As investors pay increasing attention to diversity at the top of the companies they invest in, enhancing transparency at board and executive management level will help hold companies to account and drive further progress,” said Sarah Pritchard, executive director of...
Bosses don’t follow their own advice in returning to the Office
The gap points to a double standard in return-to-office messaging — executives from Bank of America Corp. to Alphabet Inc.’s Google are prodding their workers to return in part to boost in-person collaboration, but bosses themselves are somewhat exempt. Companies are...
No more man-days lost in Bengal due to strikes: Mamata tells industry tycoons
“We lost 75 lakh man-days every year during the Left Front rule, but now no man-days are lost'' West Bengal Chief Minister Mamata Banerjee Banerjee also revealed the state planned to set up a Rs 72,000-crore industrial zone in the densely forested and backward...
Sikkim disaster management authority, GSI sign MoU for early warning system for rainfall, landslides
Explaining the basic objective of the initiative, Raju said that the GSI proposed to share relevant and timely data on landslides to the state disaster management authority, which would go a long way in saving lives and properties of people as and when such natural...
UK updates Highway Code to prepare for self-driving cars
"This is a major milestone in our safe introduction of self-driving vehicles, which will revolutionise the way we travel, making our future journeys greener, safer and more reliable," said Transport Minister Trudy Harrison "The technology could be available in the UK...
India-1.06 cr domestic passengers travelled by air in March; around 38 pc more than Feb: DGCA
The passenger load factors, which means occupancy rates, were above 80 per cent for all Indian private carriers in March, the Directorate General of Civil Aviation (DGCA) stated in its monthly statement. New Delhi: Around 1.06 crore domestic passengers travelled by...
India to introduce AYUSH Mark for traditional medicines, AYUSH visa: PM Modi
Prime Minister Narendra Modi India will soon introduce the AYUSH mark, which will give authenticity to quality AYUSH products of the country. The mark will be given to products vetted using the latest technology. This will give confidence to people of the world that...
India’s R value increases above 1 for first time in 3 months, says researcher
“This increase in R-value is not just because of Delhi but also Haryana and Uttar Pradesh,” the mathematician, who has been tracking R for India since the beginning of the pandemic, told PTI India’s effective reproduction number (R) for Covid, an indicator of how...
Postgraduate course in Family Medicine at six AIIMS on anvil
The post graduate course in Family Medicine would include studying general medicine, basic surgery, gynaecology, paediatrics etc To begin with, the PG course in Family Medicine will be started at AIIMS Raipur, Rishikesh, Jodhpur, Patna, Bhubaneswar and Bhopal...
Give ‘warning’ label, not health star rating on junk food packages: experts tell to FSSAI
If the government is serious about the "epidemic" of obesity and non-communicable diseases, the consumer needs to be cautioned about junk foods through 'warning' labels, public health experts gathered at the 'National Conclave on Sustainable Food Systems', organized...
Pandemic warning systems
Valuable lessons from the current global pandemic might just change the way we respond in the future The race is on to see who is better placed to sound the alarm, what will get governments to act and listen, and how we can better predict infectious diseases before...
34 per cent of Pakistan’s population lives on just Rs 588 a day income: World Bank
The poor spend around 50 per cent of their total consumption on food items, the World Bank said in the report released on Tuesday, the day Prime Minister Shehbaz Sharif appointed Isamil as the finance minister. Around 34 per cent of Pakistan's population lives on just...