Welcome to My Blog
Here is a masonry blog layout with no sidebar
Climate action lags as COVID hits goals in developing nations
Across the world, COVID-19 has hit economic growth and tax revenue, making it harder for governments - particularly in developing nations - to meet their targets on cutting carbon emissions and adapting to climate change Across sub-Saharan Africa, rising debt...
EPFO interest rate reduced to 4 decade low at 8.1% for 2021-22
Now, after the CBT decision, the interest rate on EPF deposits for 2021-22 will be sent to the Ministry of Finance for concurrence. EPFO provides the rate of interest only after it is ratified by the government through the finance ministry New Delhi: Retirement fund...
Adani, KKR, Piramal among 14 prominent bidders for Reliance Capital
Anil Ambani, Chairman, Reliance Group The Reliance Capital subsidiaries include Reliance General Insurance, Reliance Nippon Life Insurance, Reliance Securities, Reliance Asset Reconstruction Company, Reliance Home Finance and Reliance Commercial Finance. The Reserve...
Sitharaman invites Canadian pension funds to invest in infra projects
"FM @nsitharaman complimented Canada for housing some of the largest and most successful pension funds globally and welcomed the investments from Canada into India, including in National Monetization Pipeline #NMP and National Infrastructure Pipeline #NIP," the...
FM expects India’s digital economy to see ‘exponential rise’ to $800 bn by 2030
"At the same time, the digital economy in India is being pegged at USD 85-90 billion in the calendar year of 2020 and that will see an exponential rise to USD 800 billion by 2030. They should be reaching USD 800 billion in the backdrop of increased internet...
Speculative and misinformed: Govt rejects report claiming Covid-19 death toll in India much higher
"Even the backlog in Covid mortality data submitted by the states at different times is reconciled in the data of Government of India on a regular basis. Furthermore, there is a financial incentive in India to report Covid deaths as they are entitled to monetary...
WHO says it advised Ukraine to destroy pathogens in health labs to prevent disease spread
Biosecurity experts say Russia's movement of troops into Ukraine and bombardment of its cities have raised the risk of an escape of disease-causing pathogens, should any of those facilities be damaged The World Health Organization advised Ukraine to destroy...
RBI bars Paytm Payments Bank from onboarding new customers
"The bank has also been directed to appoint an IT audit firm to conduct a comprehensive System Audit of its IT system. Onboarding of new customers by Paytm Payments Bank Ltd will be subject to specific permission to be granted by RBI after reviewing report of the IT...
Long Covid-induced diabetes, depression can be treated by exercise: Study
Long COVID causes what the Centers for Disease Control describes as "a constellation of other debilitating symptoms" including brain fog, muscle pain, and fatigue that can last for months after a person recovers from the initial infection "You don't have to run a mile...
Global financial conditions at tightest since May 2009 – Goldman Sachs
Financial conditions reflect the availability of funding in an economy and, perceived as strongly correlated with future growth, are watched closely by central bankers.How loose or tight they are dictates spending, saving and investment plans of businesses and...
Russians liquidating crypto in the UAE as they seek safe havens
A financial source in the UAE confirmed that Russians were buying property in Dubai, using crypto as a way of getting their money out of other jurisdictions and into the Gulf state Dubai, the Gulf's financial and business centre and a growing crypto hub, has long been...
Sebi tightens IPO valuation scrutiny, jolts startups eyeing listing: Report
The Securities and Exchange Board of India (SEBI) last month flagged concerns in proposing stricter disclosures, saying more and more new-age tech firms which "generally remain loss making for a longer period" were filing for IPOs, and traditional financial...
Govt to file final papers for LIC IPO with Sebi soon, says official
The government is presently in the wait-and-watch mode because of the market volatility induced by the Russia-Ukraine war and will decide on the timing of the initial public offering (IPO) of Life Insurance Corporation New Delhi: The government is planning to soon...
Govt appoints Ex-financial services secretary Debasish Panda as new IRDAI chief
Debasish Panda, chairman, IRDAI The appointments committee of Cabinet (ACC) has approved the appointment of Panda, a former secretary, department of financial services, as chairman of the IRDAI for three years on Friday New Delhi; Finally, the government has appointed...
Rakesh Joshi appointed as member,Finance & Investment, IRDA
The appointments committee of the cabinet (ACC) has approved the appointment of Joshi as member, IRDAI, for three years, said a DoPT order The post had fallen vacant following the retirement of Pravin Kutumbe after completing his three-year tenure in March 2021 New...
Ukraine Crisis: Lloyd’s Register stop services to Russia
“Based on the latest legislative requirements taking effect in the United Kingdom, the European Union and United States, LR has confirmed that it will disengage from the provision of all services to Russian owned, controlled or managed assets or companies,” it said in...
Marsh McLennan to exit Russia Businesses
Dan Glaser, President and CEO, Marsh McLennan, said, “We condemn the unprovoked attack by the Russian government against the people of Ukraine. Having watched with horror the tragic human toll in Ukraine, we feel compelled to take this action. We intend to transfer...
Auto sales dip 23% in Feb as supply challenges continue: SIAM
"Continuing supply-side challenges like semiconductor shortages, increase in cost due to new regulations, higher commodity prices and higher logistics cost, etc., have impacted overall sales in the auto industry," Society of Indian Automobile Manufacturers (SIAM)...