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Covid deaths worldwide 18 million, three times official tally: Lancet Study
Because of its large population, India alone accounted for an estimated 22% -- or 4.1 million -- of the global deaths. The U.S. and Russia were the next highest with 1.1 million each, followed by Mexico, Brazil and Indonesia “At the global level, this is quite the...
Swiss Re partners with dacadoo to offer platform to insurers of all sizes
The new combined solution also strengthens Swiss Re’s Personal Resilience Suite (PRS capabilities). PRS is a holistic, modular and innovative risk assessment approach, powered by Swiss Re's renowned underwriting manual Life Guide Zurich: Swiss Re and dacadoo today...
US says $ 100 billion soon to help poor nations with climate
U.S. climate envoy John Kerry Kerry said to fund the economic transition that all countries must make to tackle climate change, "it's going to require not just $100 billion but trillions of dollars.No single government — no group of governments — can meet the $2.5...
Aviation Ministry invites applications from drone industry for PLI scheme
The ministry had on September 16, 2021, announced a PLI scheme for drones and drone components with an allocation of Rs 120 crore spread over three financial years Aviation Minister Jyotiraditya Scindia had on September 16 last year that the Indian drone industry will...
U.S. Census undercounted Latinos, Black people and Native Americans
The analysis found the national count of 323.2 million was largely accurate Black people had a net undercount of more than 3%, while Native Americans and Native Alaskans on reservations were undercounted by more than 5%, both more than in 2010.Non-Hispanic white...
Several privatisation transactions in an advanced stage: DIPAM Secretary
Regarding the mega-IPO of LIC, Pandey said the DRHP has been filed already. ''We are watching the market conditions due to the Russia-Ukraine conflict. Hopefully, the IPO will be brought to the market soon and it will be a great opportunity for the Indian capital...
Subscribers under PFRDA schemes increase 22% to 5.07 crore in February
The total assets under management (AUM) of the two schemes -- NPS and the Atal Pension Yojana (APY) rose 28.21 per cent to Rs 7,17,467 crore New Delhi: The number of subscribers under two flagship pension schemes by PFRDA jumped 22 per cent year-on-year to more than...
U.S. Treasury launches campaign to educate public about crypto risks
Populations that have limited access to mainstream financial services is a key group the Treasury will look to reach, Nellie Liang, Treasury undersecretary for domestic finance “We’re hearing more and more about investors and households who are purchasing crypto...
A billion dollars a day, global funds keep selling India stocks
Overseas investors have offloaded $2 billion of local shares in just two days this week, according to the latest exchange data compiled by Bloomberg, after a record withdrawal of $2.9 billion last week. With this, $19 billion has flown out since Sept. 30, about half...
Investors’ wealth jumps over Rs 10.83 trn in three days amid market rally
"Markets today were driven majorly by election results across various states. Today post markets Russia-Ukraine are to hold talks which will have major effect on markets tomorrow," said Rahul Sharma from Equity 99 Mumbai: Equity investors have become richer by over Rs...
AXA in India boosts telemedicine helpline with free specialist teleconsultation feature
SAATH is a 'One AXA' public health initiative between AXA France Vie, AXA GO Business Operations, and AXA XL and provides free general and specialist consultation to more than 25 crore people in four states in India: Delhi, Haryana, Maharashtra and Rajasthan New...
AEON Allianz Life Insurance deploys Munich Re’s tech solution
Yoichi Hayashi, Vice President at Munich Re Automation Solutions Japan, said, “Japan has long been a key priority market for us. As the world’s third largest economy, and with an average lifespan of 84 years, the life insurance market brings with it a unique and...
3 in 10 women consider buying insurance as an important step towards being financially independent: Survey
PC Kandpal, MD & CEO, SBI General Insurance, said,“ Only 38% women have claimed to have insured themselves to be financially independent, signaling low levels of awareness and insurance penetration. In fact, our study highlights that while women strive to be...
Cabinet nod to setting up WHO Global Centre for traditional medicine in India
An official release said the Centre will help position AYUSH systems across the globe, provide leadership on global health matters pertaining to traditional medicine and ensure quality, safety and efficacy, accessibility and rational use of traditional medicine New...
Biden orders government to study digital dollar, other cryptocurrency risks
Wide-ranging oversight of the cryptocurrency market, which surged past $3 trillion in November, is essential to ensure U.S. national security, financial stability and U.S. competitiveness, and stave off the growing threat of cyber crime, administration officials said...
BMW recalling 917,000 U.S. vehicles over engine fire concerns
The latest recall includes numerous vehicles built between 2006 and 2013, including some 1 Series, 3 Series, X3, 5 Series, X5 and Z4 models because the heater for the positive crankcase ventilation valve (PCV) may short-circuit and in extremely rare cases could...
Marine insurers widen high-risk area as Ukraine conflict escalates
The new high-risk areas also extend to various inland waters and sections of the high seas, underscoring the increasing dangers. “There is clearly a growing nervousness around the region in the insurance market, especially in relation to the Black Sea,” said Marcus...
Climate change making Australia a more difficult place to live: PM Scott Morrison
“Australia is becoming a harder country to live in because of these natural disasters,” Morrison told reporters on Wednesday, adding that the world was dealing with “a different climate to the one we were dealing with before” Prime minister Scott Morrison Australia’s...