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Here is a masonry blog layout with no sidebarItaly 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...
French insurer CNP to stop financing new oil and gas projects
The company said it was acting in response to scientific reports, including one by the International Energy Agency, which said new projects weren't needed if the world wanted to limit global warming to 1.5 degree Celsius above pre-industrial norms Paris: France's CNP...
LIC’s looming mega IPO weighs on other insurers’ stocks, say investors
LIC's listing could dump the equivalent of nearly 60% of the three insurers' free-float capitalisation on the market, Macquarie said in a report this week, adding that the outlook for them remains challenging If LIC's valuation is attractive, the pressure could spread...
BSE EBIX and LIC join hands for distribution of insurance products
EbixCash, a subsidiary of Ebix, Inc. is in the process of seeking IRDA approval to transfer its share ownership in BSE EBIX from its parent Ebix Singapore Pte Ltd. to EbixCash Limited Mumbai: BSE and Ebix Singapore Pte announced the signing of distribution agreement...
Vistara’s Amritsar-bound flight makes emergency landing at IGI airport
There were 146 passengers onboard the flight when it took off from IGI for Amritsar. The emergency was sounded at runway number 28 of terminal number 2 New Delhi: An Amritsar-bound Vistara flight had to make an emergency landing at the Indira Gandhi International...
1 in every 4 cars will have 5G connectivity by 2025, says Report
"As countries worldwide further strengthen their 4G network coverage and embrace next-generation cellular technology, we can see more connected cars coming to market with advanced safety and comfort features," said senior analyst Soumen Mandal One in 4 cars will have...
Europe’s bid for AI standard faces long road, EU lawmakers say
Dragos Tudorache, one of two lawmakers steering the issue, told Reuters facial recognition is a key topic Europe's effort to set a standard for artificial intelligence will likely take more than a year, with the debate focusing on whether facial recognition should be...
‘Deltacron’ is real, more cases pop up in the UK
Several "recombinant" variants have been detected in the pandemic, but they have not led to any serious outbreaks. Scientists say it is "rare" for these to occur, but when they do the variant is normally "less fit" than its rivals and easily outcompete London:...
Life Insurance Council comes back with `Sabse Pehle Life Insurance’ campaign
To create a strong resonance across the country, the campaign will be rolled out in 40 cities across the country with a focus on the target audience from ages 25-55 years In this quarter the council might land up being the number one advertiser on reach and frequency...
U.S. banks urge regulators to be flexible on climate-risk rules
The sweeping proposal applies to lenders with over $100 billion in assets. It touches on everything from board room governance, liquidity, credit and operational risk management, to the way banks project hypothetical future losses on their books and their ability to...
Taiwan proposes new law to protect its semiconductor secrets
Taiwan's cabinet said it had proposed new offences for "economic espionage" under the national security law, setting out punishment of up to 12 years in prison for those who leak core technologies to China or "foreign enemy forces". TAIPEI: Taiwan's government...
Climate actions need adequate financing, says PM Modi, asks developed countries to fulfil financial commitments
Prime Minister Narendra Modi Reduce, reuse, recycle, recover, re-design and re-manufacture have been part of India's cultural ethos, said PM Modi, adding, India will continue to act for climate-resilient policies and practices as we have always done New Delhi: Noting...
HDI Global restructures Asia Pacific operations
The move brings the important operations in Hong Kong and Singapore under a new regional Asia Pacific leadership structure together with HDI Global SE, Australia Sydney: Industrial insurer HDI Global SE has restructured its Asia Pacific operations in a move designed...
Fauci says time to start ‘inching’ back toward normality
Dr. Anthony Fauci Even with the positive trends, COVID numbers remain high with some 2,200 Americans dying each day, most of them unvaccinated Top U.S. infectious disease expert Dr. Anthony Fauci said on Wednesday that it is time for the United States to start inching...
Centre asks states, UTs to end additional COVID-19 restrictions amid decline in cases
"Presently, as the case trajectory across the nation is showing a sustained downward trend, it will be useful if states/UTs review and amend/do away with the additional restrictions so imposed after considering the trend of new cases, active cases and positivity...
Time to ready global response to crypto risks, regulators say
Regulators worry increasingly about how a meltdown in cryptoassets – markets which are highly volatile and still opaque – would feed through into the wider financial sector London: Risks from the $2.6 trillion crypto market could grow quickly and regulators need...
Over 14.34 lakh companies active at end of Jan: MCA
New Delhi: More than 14.34 lakh companies were active in the country at the end of January and as many as 12,182 companies were registered last month, according to official data. As on January 31, the number of registered companies stood at 22,88,681 and out of them,...