Welcome to My Blog
Here is a masonry blog layout with no sidebarPassenger vehicle wholesales dip 8% in Jan as semiconductor shortages continue
"Sales in January 2022 again declined compared to January 2021, due to both Omicron-related concerns and semiconductor shortage. There is clearly a demand issue for two-wheelers due to lower rural off-take of entry level models," Society of Indian Automobile...
Charles Taylor announces new associate in India
Stephen Hope, Charles Taylor Adjusting’s Director – International Onshore Energy & Mining explains: “The Indian insurance industry has seen significant growth in recent years, and it is an exciting time for Charles Taylor to become a part of this market. Our...
Investors’ wealth tumble over Rs 3.91 lakh cr as stocks slump
''Aggressive FII selling resulting from negative global cues wreaked havoc in the domestic market today. Globally markets traded in the red amid mounting concerns of surging US inflation which fuelled fears of a hawkish rate hike by the central bank,'' said Vinod...
AM Best maintains negative outlook on Brazil reinsurance market
“Overall, the segment’s growth is likely to face headwinds due to capacity limitations to underwrite risks, as the financial flexibility provided by the local capital markets dries up, and to global risk aversion, as international investors and players reconsider...
Health apps could support older adults with their health : Study
"Now that most older adults have at least one mobile device, health-related apps can provide an opportunity to support their health-related behaviours, manage their conditions and improve health outcomes," said Pearl Lee, M.D., M.S., a geriatrician at Michigan...
Tesla recall: Can make sounds obscuring pedestrian warnings
Last week, Tesla had to recall nearly 54,000 vehicles equipped with "Full Self-Driving'' software that allowed the vehicles to run through stop signs at low speeds, without coming to a complete halt. Seleted Tesla owners are "beta testing" the software on public...
GIC Re’s net falls 150 % to Rs 210 cr on higher claims in Apr-Dec period
GIC Re, as part of restructuring its global business to be more profitable by pruning loss making business, has reduced its gross premium income by 13 per cent to Rs 32,904.65 crore in the first nine months Fy2021-22 The reinsurer's combined ratio(CR) was higher at...
China launches Blockchain initiative despite ban on cryptocurrency
By 2025, the country aims to take the comprehensive strength of its blockchain industry to the most advanced level in the world, said a document jointly released by the Ministry of Industry and Information Technology and the Office of the Central Cyberspace Affairs...
Wellx.ai partners with INSTANDA to launch digital health covers for UAE
Vaibhav Kashyap, CoFounder & CEO of Wellx.ai: “The mandatory nature of medical insurance in the UAE and state of overall health of citizens and residents called for a new type of insurance. Wellx.ai exists to enable insurers to embrace their responsibility as a...
Global executives lack confidence on their own organisations’ approach to Reputational and ESG ‘risk readiness”:WTW Survey
Simon Weaver, Head of Corporate Risk & Broking, Asia and Australasia, and Head of Australasia, Willis Tower Watson said, “In an increasingly digital, service-oriented economy, reputational risk is firmly on the corporate agenda. However, our findings also suggest...
LIC:Govt eyes to offload 5% stake sale via mega IPO
With 5 per cent, market experts peg the size of the IPO to be at around Rs 40,000 crore.The embedded value of the company is estimated to be about Rs 5.4 trillion ($72 billion), . New Delhi: India is considering selling about 5 per cent of the shares it holds in a...
Cryptos a threat to financial stability; value not even a tulip: RBI Guv
Private cryptocurrencies or whatever name you call it are a threat to our macroeconomic stability and financial stability. They will undermine the RBI's ability to deal with issues of financial stability and macroeconomic stability, Das said Mumbai: Governor...
Most patients had heart or kidney ailments: Report on Covid deaths in Delhi
Among those who died after contracting coronavirus infection, and were found suffering from co-morbid conditions, patients with heart ailments accounted for 20 per cent of the cases, and those with kidney diseases 19 per cent, as per the report New Delhi: Out of the...
Israel unveils $1.3 bln plan to reduce cost of living
In a televised address alongside Bennett, Finance Minister Avigdor Lieberman said the new plan, worth 4.4 billion shekels ($1.37 billion), would save the average Israeli family around 10,488 shekels ($3,270) a year Israel unveiled a $1.3 billion plan to reduce the...
CCPA passes order for discontinuation of Sensodyne ads in India
As per the order, the CCPA has directed GlaxoSmithKline (GSK) Consumer Healthcare to discontinue all advertisements for Sensodyne in the country within seven days of the issuance of the order as the ads showed dentists practicing outside India endorsing the products...
99 of India’s leading financial advisors invest in Network FP to build an End-to-End Edutech Platform
India has over 3 crore families with an income of Rs 10 lakhs per annum and above. Such families need professional money managers as majority of them don't have time or required skills/knowledge to manage money, investments & insurance on their own. Network FP...
RBI holds interest rates steady, projects 7.8% GDP growth for 2022-23
Shaktikanta Das,governor, Reserve Bank of India The monetary policy committee (MPC) held the lending rate, or the repo rate, at 4%. The reverse repo rate, or the key borrowing rate, was kept unchanged at 3.35% "Overall, taking into consideration the outlook for...
Nova Benefits raises funds from AngelList Early-Stage Quant Fund in India
Nova Benefits, an employee wellness platform centred on corporate health insurance, today became the first investment of AngelList Early-Stage Quant Fund in India. Investors shortlisted Nova Benefits based on data reflecting the company’s high hiring velocity. As part...