Welcome to My Blog
Here is a masonry blog layout with no sidebarHannover Re transfers record volume of catastrophe bonds to the capital market
Hannover Re anticipates a record volume somewhat in excess of USD 100 billion for the ILS market in 2022. This comes after a volume of around USD 95 billion in 2021, a figure that does not include securitisations in the area of mortgage financing Hannover: Hannover Re...
Omicron sublineage BA.2 remains a variant of concern
Although BA.2 sequences are increasing in proportion relative to other Omicron sublineages, there is still a reported decline in overall cases globally The BA.2 virus, a sublineage of the Omicron COVID-19 mutation, should continue to be considered a variant of...
Lot of buzz, interest in market for LIC IPO: Sitharaman
Finance Minister Nirmala Sitharaman ''Now that DRHP (for LIC IPO) is out, there is a buzz and a lot of interest in the market. I am glad the way in which it is crafted where shareholders also have a role to play. The way it has been crafted has created a lot of...
France bans import of meat from animals on growth antibiotics
By giving antibiotics when the animals are not sick, the bacteria get used to the remedy and gradually develop resistance, making antibiotics less effective when really needed, the ministry said France adopted a decree on Tuesday banning imports of meat from animals...
Volkswagen’s cargo ship fire losses to be at least $155 million: Russel Group
Of the roughly $438 million total value of goods aboard the Felicity Ace, which went up in flames off the coast of Portugal’s Azores Islands,Russell Group said Monday it estimates there are $401 million worth of cars. The consultant estimates auto companies other than...
Airbus and engine maker CFM to test hydrogen plane propulsion
Airbus has said it will produce a small "ZEROe" passenger aircraft powered by hydrogen to enter service in 2035. It told the European Union a year ago that most airliners will rely on traditional jet engines until at least 2050, according to a briefing made public...
EU draft law would require firms to check suppliers for human rights, environmental ethics
EU firms will have to make sure that their suppliers are not using forced labour, child labour, of inadequate workplace health and safety, exploitation of workers, or environmental offences like greenhouse gas emissions, pollution, or biodiversity loss and ecosystem...
Skymet predicts ‘normal’ monsoon in 2022
The agency said it is in the process of gathering data sets pertinent for a comprehensive monsoon forecast and intends to release a detailed report in April New Delhi: Private weather forecasting agency Skymet has predicted a normal monsoon this year which is expected...
India to have 1 billion smartphone users by 2026: Deloitte
''Higher internet adoption is expected to fuel demand for smartphones; this increased demand will be propelled by the need to adopt fintech, e-health, and e-learning,'' it said. New Delhi: India will have 1 billion smartphone users by 2026 with rural areas driving the...
Potential investors in India LIC’s giant IPO fret over govt control of insurer -sources
How effectively LIC and its investment bankers are able to address the investor concerns will help in determining the insurer's valuation in the float, and consequently the state of finances of the Indian government which is banking on proceeds from the IPO to plug an...
Insurtech player RenewBuy acquires Artivatic.AI for Rs 75cr
The acquisition will allow RenewBuy to extend its tech solutions across the entire value chain – from sales, to underwriting and claim solutions ''We pioneered the digital agent distribution model, by putting an app in the hands of an agent. This led to a new...
Maintain constant vigil on financial sector, work to achieve inclusive growth: FM to regulators
On the appointment of a new IRDAI chief, Sitharaman said: "I share the concern of not having a chairman at IRDAI. Will soon decide on the appointment of IRDAI chairman." Mumbai: The high-level FSDC headed by Finance Minister Nirmala Sitharaman on Tuesday deliberated...
Biological E. COVID shot gets India emergency approval for 12-18 age group
India has so far only started vaccinating children aged 15 and above. According to government figures, more than 76 million children between 15 and 17 have been inoculated mainly using Covaxin BENGALURU: Indian vaccine maker Biological E. Ltd said on Monday its...
AIA Launches “AIA One Billion” to engage a billion people to live healthier, longer, better lives by 2030
The pandemic has increased people's awareness of the importance of health and wellness. Yet populations in Asia are seeing an increase in lifestyle-related diseases, accounting for more than 70 per cent of all deaths SINGAPORE: AIA Group Limited (AIA) today...
SBI Life to reclassify BNP Paribas Cardif as non-promoter
As per Sebi guidelines, a promoter or promoter group seeking reclassification should not hold more than 10 per cent of the voting rights in the company. SBI Life shares closed at Rs 1,129.15 apiece on BSE, down 1.86 per cent from the previous close Mumbai: SBI Life...
Women reluctant to join company boards, difficult to find those who are interested: Sitharaman
''I have actually made a lot of attempts in my own level as a minister in calling up some people and saying please would you not want to come to a board? We want your experience. We want presence. No, I have not had enough women coming. So, there is a serious issue,”...
China asks banks, firms to report exposure to Jack Ma’s Ant Group -Bloomberg News
Ant has been subjected to a sweeping restructuring by China, whose initial public offering of $37 billion was derailed by regulators in late 2020. Chinese authorities have told state-owned firms and banks to start a fresh round of checks on their financial exposure...
New study finds better treatment for Parkinson’s disease
In Parkinson's disease, nerve cells that produce dopamine progressively die. Since the 1960s, doctors have relied on medication to replace the missing dopamine, but it is notoriously difficult to fully control symptoms as the disease progresses Parkinson's disease is...