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Vietnam may replace China as factory of the world in near future
As Southeast Asia eases its epidemic restrictions and China continues to battle Omicron flare-ups in its major cities, a new wave of headlines emerged over whether factory orders will continue to flow out of China, and if China should have a sense of crisis as global...
Cryptocurrencies: Cybercriminals cause security risks
According to a new book by Geoff White, “The Lazarus Heist,” the North Korea's hackers have been become increasingly sophisticated over the past decade, managing to steal an estimated $2 billion worth of cryptocurrency to date. Crypto investors should expect the gang...
UN chief warns of ‘catastrophe’ from global food shortage
Antonio Guterres, Secretary-General “There is a real risk that multiple famines will be declared in 2022,” U.N. Secretary-General Antonio Guterres said in a video message to officials from dozens of rich and developing countries gathered in Berlin. “And 2023 could be...
Calif. top court to consider employer liability for COVID infections
It was the first ruling of its kind. Business groups have said allowing employers to be held liable for so-called "take-home" COVID infections will prompt lawsuits not only by workers' family and friends but by anyone infected by that circle of people. Companies...
Wage Revision: PSU general insurance Confederation seeks Sitharaman’s intervention for pay parity with LIC
Nirmala Sitharaman,union finance minister In a letter to finance minister Nirmala Sitharaman, National Confederation of General Insurance Officers’ Association has said the initial offer from GIPSA is disturbing and demoralizing to the workforce ‘’It is matter of...
Indian automobiles to be accorded Star Ratings based on their performance in Crash Tests: Gadkari
Nitin Gadkari,Union Minister for Road Transport and Highways In a series of tweets, Union Minister for Road Transport and Highways Nitin Gadkari said Bharat-NCAP will serve as a consumer-centric platform allowing customers to opt for safer cars based upon their...
Ascending Aviation Insurance
Though the uninterrupted historical downward trend in air travel accidents,is likely to continue and so reduce the frequency of claims for insurers, claims severity has gone in the opposite direction, as aircraft become increasingly valuable due to growing complexity...
Aadhaar: India’s ID system risks widespread fraud
Andy Mukherjee Indian Prime minister Modi’s new welfarism rests on Aadhaar. But if there are cracks in the edifice, they need to be acknowledged — not to frighten users away, but to make them more aware. At the same time, India needs a strong data protection law....
Covid vaccines in time saved an estimated 20 million lives in the first year of the rollout: Study
High- and upper-middle income countries accounted for the greatest number of deaths prevented -- more than 12 million More could have been done to extend the benefits of vaccines to a wider number of people, according to a commentary in the same journal. Inequitable...
Tata Nexon EV Fire: Govt orders probe into the incident
The DRDO probe had found serious defects in the batteries. These defects occurred because the electric two-wheeler manufacturers like Okinawa Autotech, Pure EV, Jitendra Electric Vehicles, Ola Electric and Boom Motors may have used "lower-grade materials to cut...
Google warns spyware ‘Hermit’ targeting high-profile Android victims
Cyber-security researchers last week unearthed 'Hermit' that is being used by the governments via SMS messages to target high-profile people like business executives, human rights activists, journalists, academics and government officials Google has found strong...
Traders will incur loses due to Delhi govt’s move to ban goods vehicles from Nov-Feb: Transporters
The Delhi government has issued an order banning the entry of medium and heavy goods vehicles in the capital from November to February to curb vehicular pollution The move to ban the entry of medium and heavy goods vehicles in the capital from November to February...
Adani commits Rs 60,000 cr to philanthropy
Gautam Adani Donations to be utilized in healthcare, education, and skill development Adani's logistics-to-energy conglomerate said in a statement. The donation will be managed by the Adani Foundation New Delhi: Asia's richest man Gautam Adani and his family have...
High costs impact nearly 43 pc urban Indian households: Survey
Despite experiencing an impact on their cost of living, only 22 per cent urban Indians said their household financial situation has become worse compared to 12 months ago. Mumbai: A majority of urban Indians interviewed felt that their cost of living has gone up to...
“Mahindra Insurance Brokers- BigHaat” alliance to offer health and motor covers to farmers
Mumbai: Mahindra Insurance Brokers Limited (MIBL) in a partnership with BigHaat, India’s leading Agri Digital Platform, will offer financial solutions to the informal Agri segment of India’s workforce.. Mahindra Insurance Brokers will offer health and motor insurance...
SBI Gen-MSRLM partnership to boost insurance penetration in rural Maharashtra
Mumbai: SBI General Insurance has signed a Memorandum of Understanding (MoU) with Maharashtra State Rural Livelihood Mission (MSRLM), Government of Maharashtra, with the aim to enhance the penetration of non-life insurance in the state's rural population by...
German Insurtech Wefox seeks funding at over $5 billion value
Wefox has carved out a different niche in the insurtech space, opting to distribute its insurance policies through a network of agents rather than hawking its products directly to consumers like some other startups The latest fundraising comes amid a challenging...
WHO considers declaring monkeypox a global health emergency
Last week, WHO Director-General Tedros Adhanom Ghebreyesus described the recent monkeypox epidemic identified in more than 40 countries, mostly in Europe, as “unusual and concerning.” Monkeypox has sickened people for decades in central and west Africa, where one...