Welcome to My Blog
Here is a masonry blog layout with no sidebarHC seeks Maha govt’s response on PIL about plight of patients languishing in mental health facilities
The PIL, filed by Mumbai resident Dr Harish Shetty, highlighted the plight of a woman who was rescued last year from a mental health facility after having languished there for 12 years even though she did not have any significant symptoms of mental illness. The Bombay...
World’s top banks pumped $742 bln into fossil fuels in 2021 – report
Most leading banks have pledged to reach net-zero emissions across their financing by 2050. But, despite the International Energy Agency saying no new oil and gas fields should be developed for the world to hit its climate goals, the report showed finance continues to...
Extreme flood events once again drive high losses in 2021, 75% of flood risks remain uninsured: Swiss Re
Sigma records show that flooding is by far the most frequently occurring natural peril. In the past decade, there were approximately three times as many major flood events as tropical cyclones Yet, Swiss Re Institute finds that over the past decade, only 5% of severe...
With war next door, EU is warned on cybersecurity gaps
Cyberattacks against EU bodies are increasing “sharply,” with major incidents jumping more than tenfold between 2018 and 2021, according to the Luxembourg-based ECA Brussels: The warning by the European Court of Auditors covers the wide range of EU bodies — from the...
Generali hikes its stake to 68 % in its Indian life JV
Generali now holds a stake of around 68% in FGIL, which may increase further to 71% by the end of 2022, following further subscription of shares by Generali Jaime Anchústegui Melgarejo, CEO International of Generali, said: “This acquisition is in line with Generali’s...
Blockchain project Ronin hit by $615 million crypto heist
Hacks have long plagued crypto platforms. The cryptocurrency arm of Jump Trading said last month it had restored more than $320 million to crypto platform Wormhole after the decentralised finance site was hit with one of the largest crypto heists on record Blockchain...
Chubb buys DUAL’s Asian Financial and Cyber business
Chubb will be purchasing the business assets including intellectual property in the form of wordings and underwriting models from DUAL in both Hong Kong and Singapore Over the last 13 years DUAL Asia has grown organically, in partnership with MSIG, into a Financial...
Global leasing companies had until Monday to sever ties with Russian carriers under Western sanctions imposed over Moscow’s invasion of Ukraine, but executives say only a fraction of the more than 400 jets directly involved have been returned Russia’s airline...
“India Has One Of The Lowest Covid Deaths (374) Per Million”: Centre
According to the data available with World Health Organisation (WHO), India has one of the lowest deaths per million (374 deaths per million population) which is much lower compared to similarly affected countries like the United States of America (2,920 deaths per...
Indian Millennials are financially prudent, need guidance for buying life insurance: Tata AIA Life Survey
However, amid the encouraging habits towards financial prudence, Indian millennials are yet to become fully aware of and understand solutions such as life and health insurance Mumbai: Indian millennials seem to have realized the importance of maintaining a healthy...
Apr 1 renewals: Hannover Re rules out any price hike for Indian market
The renewals in India in P&C(Property & Casualty) should be relatively stable both on the proportional and on the non-proportional side. 2021 has been a benign year for us from catastrophic losses point of view in India. said Sven Althoff, member, (P&C),...
WhatsApp to increase maximum file transfer size to 2 GB: Report
According to a WABetaInfo report, WhatsApp will soon start testing the "Media File Size" feature in Argentina which will allow users to share media files up to 2GB in size. The feature will initially be limited to Beta testers in Argentina Meta-owned encrypted...
EY Brexit tracker finds 7,000 finance jobs have left London for EU
Dublin is the most popular destination for staff relocations and new hubs, followed by Luxembourg, Frankfurt and Paris The transfer of assets from London to EU hubs remains around 1.3 trillion pounds ($1.7 trillion), EY said, adding that Brexit staff moves are by now...
Maersk warns Shanghai city lockdown to boost transport costs further
A survey conducted by a state newspaper found Shenzhen's "war" on COVID-19 has hurt up to 93% of local small and medium-sized companies, with many suffering production disruptions because of shutdowns, interruptions in supply chains, and delays in order executions...
Banking services partially impacted on second day of strike
Bank unions are protesting against the government's move to privatise two public sector banks as announced in the Budget for 2021-22. They are also demanding an increase in the interest rate on deposits and a reduction in service charges New Delhi/Mumbai: Banking...
Russian tankers going dark raises flags on sanctions evasion
As more countries and businesses shun commerce with Russia, the country’s fleet will be under pressure to conduct dark activity and even engage in illicit shipping to stay afloat, said Ian Ralby, chief executive of I.R. Consilium, a maritime law and security...
Irish lessors terminated all Russian airline leases: ALI
Brussels gave lessors until Monday to wind up current rental contracts in Russia under tough sanctions imposed after Moscow’s invasion of Ukraine, leaving them facing heavy potential writedowns or a long insurance battle All Irish lessors terminated their Russian...
China examines black boxes of crashed jet, looking for more plane debris
“Large-scale air crash investigations that only rely on data provided by the black boxes are often insufficient to tell the full truth of the incident,” Zhu Tao, head of the aviation safety office at Civil Aviation Administration of China, told a press conference...