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Gen Z, millennials and Gen X all basically agree on work from home
A recent study by consultants McKinsey & Co. found that workers aged 18 to 34 were 59% more likely to leave than 55- to 64-year-olds if their employer didn’t offer a hybrid work arrangement During the early days of the pandemic, the narrative was that...
Ayushman Bharat scheme has given benefits of Rs 7,000 cr to needy: PM Modi
Prime Minister Narendra Modi To empower the poor, it was necessary to make health care accessible, he said adding: "We have been working with a holistic approach to improve the health sector for the last eight years. We have emphasised on good nutrition, clean...
Reducing the workweek to 32 hours
As chief executive officer of the nonprofit 4 Day Week Global, Joe O’Connor oversees six-month boot camps now helping 170 companies with 10,000 participating employees around the world to adopt more flexible work schedules He is capitalizing on a watershed moment in...
Number of income tax returns touch 7.14 crore in FY22: CBDT chairman
For FY22, the tax collection is more than Rs 14 lakh crore, which is fairly good compared to the collection for FY20, as per the chairman New Delhi: The number of income tax returns has increased in FY22 over the previous fiscal, Central Board of Direct Taxes Chairman...
Beijing warns of ‘explosive’ COVID outbreak as Shanghai begins mass testing
While China’s infection rate is low by global standards, President Xi Jinping has doubled down on a zero-COVID policy that authorities say is needed to protect the elderly and the medical system, even as other countries try to live with the virus. So far the country...
Canada, in a world first, proposes health warnings on individual cigarettes
"Adding health warnings on individual tobacco products will help ensure that these essential messages reach people, including the youth, who often access cigarettes one at a time in social situations sidestepping the information printed on a package," Mental Health...
Ant Group to revive IPO as Beijing eases crackdown
Billionaire and Alibaba founder Jack Ma The company’s stock market listing was hastily shelved at the behest of Beijing in November 2020. At the time, it was slated to be valued at around $315 billion and planned to raise $37 billion, which would have been a world...
Africa: Major insurers and banks join hands to manage biodiversity risks
Responsible management of Africa’s natural capital, including its water, soil and forests, “creates fantastic opportunities and contributes to the growth and development of the continent,” Rachael Antwi, group head of ESG at Ecobank said Financial institutions that...
Russia’s state-owned RNRC to reinsure Russian oil shipments
The sources, who declined to be identified due to the sensitivity of the issue, said Russian central bank-controlled RNRC was now the main company providing state guarantees to Russian insurance firms that offered cover such as Ingosstrakh, which insures Russian...
Govt issues new guidelines to prevent misleading advertisements
Penalties for violating the guidelines are also clearly outlined. CCPA can impose a penalty of up to Rs 10 lakh on manufacturers, advertisers and endorsers for any misleading advertisements. For subsequent contraventions, CCPA may impose a penalty of up to Rs 50 lakh....
Sebi warns investors against unregulated platforms offering algo trading
"Investors are therefore cautioned against dealing with such unregulated platforms and cautioned against sharing any sensitive personal details with such platforms," it added Mumbai: Capital markets regulator Sebi on Friday cautioned investors against dealing with...
Covid origins unclear but laboratory leak theory needs study: WHO
In a report released Thursday, WHO's expert group said key pieces of data are still missing to explain how the pandemic began. The scientists said the group would remain open to any and all scientific evidence that becomes available in the future to allow for...
Govt likely to invite preliminary bids for IDBI Bank privatisation next month: Official
The official said while the quantum of stake dilution of both the government and LIC is yet to be decided, the management control in IDBI Bank will be transferred in the strategic sale New Delhi: The government is likely to invite preliminary bids for privatising IDBI...
Govt ‘concerned’ about dip in LIC share price; calls it temporary blip
Tuhin Kanta Pandey, secretary,DIPAM ''We are very concerned about the temporary blip in LIC share price. People will take time to understand (fundamentals of) LIC. LIC management will look into all these aspects and will raise the shareholders' value,'' DIPAM...
Life insurers can launch products without prior nod, says Irdai
The move will enable life insurers to launch most of the products (except individual savings, individual pensions and annuity) in a timely manner according to the dynamic needs of the market The board will have to also constitute a Product Management Committee (PMC),...
IRDA forms panels to implement RBC, IFRS, and Insurtech strategies
In order to take forward the process of setting out reforms for increasing insurance penetration and facilitating sustainable growth of the industry and to explore the emerging trends and opportunities such as technology based core processes, Insutech, Risk...
Thailand becomes first Asian country to decriminalize cannabis
Under decriminalization, it is no longer a crime to grow and trade marijuana and hemp products, or use parts of the plant to treat illnesses. Cafes and restaurants can also serve cannabis-infused food and drinks -- but only if the products contain less than 0.2 per...
Yellen says insurance ban on tankers could lock in Russian Oil
Janet Yellen, US Treasury Secretary The US has already outlawed imports of Russian oil and the European Union has agreed to prohibit seaborne imports of Russian crude in six months. On top of that, the bloc has worked toward coordinating with some Group of Seven...