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Here is a masonry blog layout with no sidebarBIS chief says new policies needed to enhance resilience of private firms
"I think that now we need to move more into more focused and targeted type of policies that can enhance the resiliency of firms -- not of all of them because we know that they have been sectoral shifts, shifts in demand and so on and some firms regretfully will not be...
Separation of chairperson, MD positions voluntary: Industry welcomes Sebi’s decision
Capital markets regulator Sebi on Tuesday said the requirement to split Chairperson and Managing Director/Chief Executive Officer positions at listed companies will not be mandatory and will be implemented on a voluntary basis Mumbai: Industry bodies on Tuesday...
Covid can be said to have become endemic only after 4 weeks of consistently low cases: Virologist
He also said the endemic phase of COVID-19 is expected to last many months and it is '' most unlikely'' that another variant with higher transmissibility than Omicron and greater virulence than Delta will emerge The third wave of COVID-19 in India has been plateauing....
Cryptocurrencies threaten financial sovereignty, need to be banned: RBI Dy Guv
''We have also seen that cryptocurrencies are not amenable to definition as a currency, asset or commodity; they have no underlying cash flows, they have no intrinsic value; that they are akin to Ponzi schemes, and may even be worse. These should be reason enough to...
US Judge blocks Biden administration order on climate risks
The “social cost of greenhouse gases” estimate is used in rule-making and permitting processes to estimate economic damages associated with a rise in greenhouse gas emissions. Those could include things like impacts to agricultural productivity or property damage from...
Airlines likely to avoid Ukraine’s airspace amid insurance issues
News agency Interfax Ukraine said Ukrainian insurance companies had received a notification from reinsurers that airlines were not covered for war risks More airlines are likely to avoid Ukraine’s airspace amid insurance issues and a decision by leading European...
Europe’s banks fund oil and gas expansion despite IEA warning -report
An IEA report in May said there should be no investment in new oil and gas fields in order to have a 50% chance of capping global warming at 1.5 degrees Celsius above the pre-industrial average. The financing comes despite 24 of the banks themselves pledging to...
UN to finalise science report on how warming hits home hard
Without getting into specifics, report co-chair Hans-Otto Poertner said the science is clear that there are limits — including temperature limits — to what key ecosystems, species and humans can withstand. And in some places, warming is near those limits and in a few...
ICICI Lombard lends a personal touch to Health Insurance with Video Calling
ICICI Lombard, has introduced a video calling facility for all its customers purchasing health insurance. This initiative allows a customer to make an instant video call or schedule one via the official website on their smartphone or laptop in just three simple steps....
Investors’ wealth tumbles by over Rs 8.47 trn amid global sell-off
In just two sessions, the total investors' wealth has eroded by more than Rs 12 lakh crore. Mumbai: Investors' wealth plummeted by more than Rs 8.47 lakh crore on Monday as the stock market continued to be ravaged by weak global sentiments triggered by mounting...
LIC IPO: Market crash makes India’s biggest listing a tough task
India will need bulky commitments from anchor investors, who will raise about a third of the total money. A further 35% -- or Rs 21,000 crore, based on the estimated valuation -- will be sold to millions of retail investors. That’s a challenging task To overcome a...
India bans 54 more Chinese apps citing security concerns
The apps banned by the Ministry of Electronics and Information Technology include those belonging to large China tech firms such as Tencent, Alibaba and NetEase, and are re-branded versions of apps already banned by India in 2020, the people said asking not to be...
Axis Bank set to buy Citigroup’s India retail unit for $2.5 bn: Report
For Citigroup Chief Executive Officer Jane Fraser, the planned India retail sale is part of a restructuring to simplify the U.S. lender, do away with its retail banking operations in 13 countries across Asia and Europe, and focus on high-growth businesses such as...
Leading with Empathy into the Hybrid Working Future
With the recent influence of the global health crisis, increasing shifts in personal priorities are changing employees' expectations of work culture. Tanay Kediyal, Vice President and Chief Operating Officer, Allstate Solutions Private Limited (ASPL) shares his views...
Prudential’s next group CEO to be based in Asia
Shriti Vadera, Chair of Prudential, said "Given Prudential's focus on the growth markets of Asia and Africa, the board has decided with this managed transition of the leadership structure, that the roles of the group CEO and the group CFO will be based in Asia, where...
What coronavirus has in store for the world next
The crisis isn’t over until it’s over everywhere. The effects will continue to reverberate through wealthier nations — disrupting supply chains, travel plans and health care — as the coronavirus largely dogs under-vaccinated developing countries over the coming...
LIC IPO: Govt files draft papers with Sebi, to sell 5% for around Rs 63,000 crore
Although the DRHP does not disclose the market valuation of LIC, as per industry standards it would about 3 times the embedded value or around Rs 16 lakh crore. The government will sell over 31 crore equity shares of LIC LIC's embedded value has been pegged at about...
Tata Motors expects CNG, EV sales contribution to go up in next 3-5 years
"In the next three to five years, petrol will possibly come down to about 50 per cent level, CNG will go up to 20 per cent..diesel would come down further to about 10 per cent and I would say (for) EV…, we have already declared our target of going more towards 20 per...