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Here is a masonry blog layout with no sidebarG20 finance leaders dilute geopolitical risks reference in communique
Their statement instead said: "We will also continue to monitor major global risks, including from geopolitical tensions that are arising, and macroeconomic and financial vulnerabilities." G20 finance leaders on Friday watered down language on global economic risks...
U.S. adds e-commerce sites operated by Tencent, Alibaba to ‘notorious markets’ list
U.S. government's latest "notorious markets" list identifies 42 online markets and 35 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy, said U.S. Trade Representative U.S. adds e-commerce sites...
Sebi moots new disclosure framework for IPOs of loss-making cos
The move comes against the backdrop of many new age companies, that do not have a track record of having an operating profit at least in the preceding three years, tapping the Initial Public Offering (IPO) route to raise funds New Delhi: Markets watchdog Sebi on...
EU files case at WTO against China over protection of patents
Brussels: Since August 2020, Chinese courts have been issuing decisions - known as "anti-suit injunctions" - to exert pressure on EU companies with high-tech patents and to prevent them from rightfully protecting their technologies, the EU said The European Union (EU)...
WHO calls for cooperation to face of common threats from Covid-19 pandemic
Tedros Adhanom Ghebreyesus,Director-General,World Health Organization Tedros recalled that 70,000 people were dying each week from a preventable and treatable disease; that 83 per cent of the population in Africa was yet to receive a single Covid-19 vaccine dose; and...
EV charging stations expand 2.5 times in 9 cities including Delhi, Mumbai
Efforts by the government resulted in 2.5 times increase in charging stations in Surat, Pune, Ahmedabad, Bengaluru, Hyderabad, Delhi, Kolkata, Mumbai, and Chennai in the last four months, a power ministry statement stated According to the statement, additional 678...
Allianz announces big bonus cuts for its CEO and board
The collapse of a $15 billion set of investment funds during the pandemic market turmoil in early 2020 has cast a shadow over Germany's most valuable financial firm and one of the world's largest asset managers. Baete's pay package in 2020 totalled 6.39 million euros,...
Odd steering wheel and controls trip up Tesla, rivals -Consumer Reports
Japan's Subaru Corp was No. 1 in the latest Consumer Reports ranking - a brand known for efficient all-wheel drive systems and safety-oriented marketing but not for pushing technology to the edge Other mainstream brands including Honda, Toyota , Hyundai and Ford...
Dollar millionaires in India rise 11% in pandemic-hit 2021: Survey
The survey of 350 such dollar millionaires also indicated that the number of those who classify themselves as happy in personal and professional lives slipped to 66 per cent in 2021, down from 72 per cent in the previous year. The report estimated the number of Indian...
Omicron subvariant BA.2 may cause severe disease, lab study suggests
"Neutralisation experiments show that the vaccine-induced humoral immunity fails to function against BA.2 like BA.1," the authors of the study said The BA.2 subvariant of the Omicron coronavirus variant is not only faster at spreading, but may also cause more severe...
LIC likely to launch $8-bn IPO on March 11: Report
Shares of the state-run insurer could be priced between Rs 2,000 to Rs 2,100 each Roadshows have begun and pricing could change after assessing investor appetite and discussions with the government, reported Bloomberg A public offering of shares by India's state-run...
Cargo ship with Lamborghinis, Porsches, Audis aboard drifts in Atlantic
An internal email from Volkswagen's U.S. operations revealed there were 3,965 Volkswagen AG vehicles aboard the ship. Headquartered in Wolfsburg, Germany, the group manufactures its Volkswagen brand, as well as Porsche, Audi, and Lamborghini- all of which were in tow...
China changing tune as birth rate drops to record low, faces challenge of ageing population
In 2021, 267 million people were aged 60 and above in China as compared to 264 million in 2020. On the other hand, as per some demographers, the working-age population might fall to half by 2050 "For the Chinese history, 2021 will go down as the year when China last...
Metaverse to push data usage by 20X in 10 years; Jio, Airtel to gain: Report
''Internet traffic is already 80 per cent video and has been growing at a 30 per cent CAGR (compound annual growth rate). Our team projects that even modest metaverse usage could drive a further 37 per cent CAGR in the next decade to 20x current data usage,'' a Credit...
Environment ministry notifies guidelines on EPR for plastic packaging
Environmental compensation shall be levied based upon polluter pays principle, with respect to non-fulfilment of Extended Producer Responsibility (EPR) targets by producers, importers and brand owners, for the purpose of protecting and improving the quality of the...
Age before apps revolt galvanises Europe’s elderly savers
in Britain, the government plans legislation to ensure that the digital banking drive does not cut older people adrift Italy's biggest bank Intesa Sanpaolo, which plans to cut 22% of its branches in the next four years, has struck a partnership to provide basic...
Italy makes fresh attempt at pension reform as debt worries mount
With one of the world's oldest populations, Italy spends more than any other European country on pensions except Greece, Eurostat data shows. According to the Treasury, Rome's pension bill reached a record 17% of national output in 2020. The new reform will be the...
No group can have more than one FRB in India:IRDAI
Till recently AXA group had only two separate branches, XL Se India branch and AXA France India branch and IRDA had asked the group to wind up operation of one of its branches Hyderabad: The insurance regulator IRDAI, after allowing overseas reinsurers to set up...