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Sri Lanka’s doctors association urgently seeks medicines to tackle drug shortage amid economic crisis
“Due to poor financial and economic management, the Sri Lankan healthcare sector is on the verge of a severe crisis in saving the lives of patients caused by severe drug and equipment shortages. We need your generous support at this crucial time to continue the...
IRDAI to hold `Open House’ with various industry players on 15th of every month
Debasish Panda, chairman,IRDAI ``All the regulated entities are requested to make use of this initiative to interact with the chairperson, whole-time members and senior officials of IRDAI and offer pragmatic solutions to reduce significant insurance penetration gap in...
25 people dead as typhoon triggered landslides
Nearly 140,000 people have been affected by the storm locally known as Agaton, which made landfall over Eastern Samar province on April 10, the nation’s disaster risk-reduction and management council said. Megi is this year’s first tropical storm to hit the...
Chilean state sues mining multinationals for causing environmental damages
Chile’s leftist President Gabriel Boric has made environmental protection a key focus of his administration, including rights over water, since taking office in March In March, Chile’s environmental watchdog SMA fined Escondida for exceeding the maximum level allowed...
DHL run Boeing jet breaks in two after skidding off runway
The jet spun about 180 degrees and its tail went down an embankment. Photos showed the tail section snapped off from the main fuselage A Boeing Co. 757 cargo jet operated by DHL broke in two after skidding off the runway at Juan Santamaria International airport in...
Russia- Ukraine crisis could slash global trade growth by half in 2022: WTO
The conflict has pushed up food and energy prices, and reduced the availability of goods exported by Russia and Ukraine, said the Secretariat note.Russia and Ukraine are both important suppliers of essential products, notably food and energy, according to the note...
Jharkhand ropeway accident: 2 dead, 15 trapped mid-air as rescue ops halt
Around 32 people have so far been rescued while 15 people remain trapped mid-air in a row of cable cars, nearly 28 hours after the accident took place around 20 km from the famous Baba Baidyanth temple in Deoghar town Deoghar (Jharkhand): One more person died on...
General Insurance industry’s prms rise 11 % to Rs 2.20 trillion in FY 2021-22, Health topples Motor as the largest portfolio
Thanks to Covid-19 Pandemic and stagnant motor third party premium for the last two years, for the first time in the history of Indian general insurance industry, in FY 2021-22, Health portfolio has replaced Motor business as the largest segment in the industry Though...
KKR signs agreement to acquire 10% in Shriram Gen Insurance for Rs1800 crore
Gaurav Trehan, Partner and CEO of KKR India, said, “Shriram General Insurance has been one of the standout performers in India’s fast-growing general insurance industry, and continues to build on their record by developing new capabilities, channels, and products to...
Munich Re partners with OneDegree to launch digital asset insurance in Hong Kong
OneInfinity is an insurance and technology product offering designed specifically for digital asset trading platforms, custodians, asset managers and technology providers Under this partnership, Munich Re will provide reinsurance capacity and support OneDegree's...
VP Naidu calls for greater participation of private sector in strengthening health infrastructure
, M Venkaiah,Vice President Highlighting the worrying trend of increasing non-communicable diseases in India, Naidu urged the medical fraternity in the private sector to create awareness among people, particularly the youth, on the dangers posed by a sedentary...
Six charred to death after blast at Indian chemical plant
Ahmedabad: A massive blaze touched off by an explosion at a chemicals plant in India's western state of Gujarat charred to death at least six people before it was brought under control, authorities said on Monday. The blast on Sunday night took place in a hub for...
One lakh excess premature deaths linked to air pollution in 8 Indian cities: Study
The study, published last week in the journal Science Advances, shows rapid degradation in air quality and increases in urban exposure to air pollutants which are hazardous to health. Dhaka, Bangladesh, saw a total of 24,000 excess premature deaths, while the Indian...
Covid and climate change push many older women into prostitution in Sundarbans
Agriculture has become unviable due to the increase in salinity of the water because of sea level rise. As a result, there is abject poverty and people, particularly women, are desperate to look for livelihood as they are often the breadwinners. New Delhi: In the...
Willis India receives IRDAI nod for full ownership, appoints Vivek Nath as head of India ops
Vivek Nath, CEO, WTW India SINGAPORE: WTW (Willis Towers Watson), the third largest global re/insurance broker, today has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) and has closed the transaction on the acquisition of...
Govt finalises Rs 5k capital infusion plans into 3 PSU gen insurers, National Insurance to receive Rs 3,700 cr
Delhi based Oriental Insurance Company has been given Rs 1200 crore while United India Insurance(UII) has been allocated just Rs 100 crore A notification will soon be issued by the Finance Ministry for hiking the authorised capital these three general insurers Before...
Equity MFs record Rs 1.64-trn net inflow in FY22 on strong SIP mop-up
Going ahead, we expect the growing inflow trends in equity mutual funds to sustain given the current economic condition and markets, Manish Kothari- CEO and Co-Founder, ZFunds, said New Delhi: Strong SIP book and lower returns from traditional investments made equity...
For 3rd quarter in row, startup funding crosses $10 bn in Q1, creates 14 unicorns
Creation of 14 more unicorns takes the overall tally of startups with over USD 1 billion valuation in the country to 84 now, according to a PwC India report Amit Nawka, the startups leader at the consultancy, told PTI that despite uncertainties in the global economic...