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Here is a masonry blog layout with no sidebarGlobal Cat economic losses hit $343 billion in 2021, up from $297 billion in 2020:Aon
Only 38 percent of natural peril losses were covered by insurance, an improvement from last year CHICAGO: Aon plc’s 2021 Weather, Climate and Catastrophe Insight report reveals a total of $343 billion in economic losses in 2021, $329 billion of which resulted from...
Cyber hostilities between India & Pakistan,China & Japan and Israel & Iran could escalate dangerously: CyberCube Report
Report identifies four industries that CyberCube believes will be targeted by cyber criminals – especially ransomware actors – in 2022. These are: healthcare, education, manufacturing and utilities. CyberCube also expects to see ransomware threat actors targeting...
LIC posts profit after tax of Rs 1,437 cr during Apr-Sept
Investments of policyholders have grown Rs 5.9 lakh crore to Rs 37.72 lakh crore in the first half of FY22. Investments of shareholders grew Rs 56.17 crore to Rs 6,311 crore Mumbai: IPO-bound Life Insurance Corporation of India (LIC) on Tuesday reported a profit after...
Taxation of ULIP proceeds to create ‘level-playing field’ with MFs: I-T dept
The Central Board of Direct Taxes (CBDT), that frames policy for the income tax department, had on January 18 notified the rules stating the method of calculation of capital gains with regard to ULIPs with annual premium of more than Rs 2.5 lakh and subsequently...
HDFC Life launches ESG fund
The objective of this fund, which will be part of HDFC Life Click 2 Wealth, is long-term capital appreciation through investment in such select companies across market capitalisation Mumbai: HDFC Life, the has launched its sustainable equity fund, currently available...
WHO-US EPA partnership to unravel linkage between health and climate change
Five year agreement recognises the increased environmental and public health risks from the warming global climate and prioritizes environmental justice WHO estimates that 24% of all global deaths, and 28% of deaths among children under five, are linked to the...
Sensex nosedives 1,546 pts; Nifty tanks below 17,200
Indian markets opened negative following mixed Asian market peers as investors look ahead to US Fed meeting and rising geopolitical uncertainty. During the afternoon session, they further sold off as indices fell well below psychologically crucial levels. Mumbai:...
Foreign luxury car makers remain bullish on India
Lamborghini, which sells a range of super luxury cars with prices starting from Rs 3.16 crore in India, recorded its best ever sales in the country in 2021, beating its previous best record in 2019 when it sold a total of 52 units. It had sold 37 units in 2020 in the...
Over 1.2 mn people died from drug-resistant infections in 2019: Study
The new Global Research on Antimicrobial Resistance report, published in The Lancet, revealed that antimicrobial resistance (AMR) was directly responsible for an estimated 1.27 million deaths and associated with about 4.95 million deaths. The study analysed data from...
Crypto Fraud: Delhi man’s Rs 4.5 cr Bitcoins sent to Palestine’s Hamas wing
During the course of investigation by Delhi police, the cryptocurrency trail led to startling facts, that the cryptocurrencies have ended in the wallets maintained by Al-QassamBrigates, which is a military wing of the Palestinian organisation Hamas and to the wallets...
Private sector plays important role in journey towards net-zero emissions: Minister
Private sector players have already woken up to this reality and are already playing a key role in this climate fight. Rising number of companies have announced net-zero ambitions over the last year. Climate action will not only transform industries, but also likely...
India logs 3,06,064 new COVID-19 cases; daily positivity rate over 20 pc
The ministry has said that India's active caseload currently stands at 22,49,335. It accounts for 5.69 per cent of the total cases.The government data shows that 439 people succumbed to the virus in the last 24 hours New Delhi: India on Monday reported a decline in...
Equity indices open in red, Sensex down by 251 points
As the countdown to the Union Budget 2022-23 has begun, the Indian equities market is likely to remain volatile during the week beginning Monday Mumbai: Equity indices opened in red on Monday with the Sensex down by 251.33 points and Nifty down by 79.20 points. The...
End of Covid-19 pandemic in Europe ‘plausible’ after Omicron: WHO
"It's plausible that the region is moving towards a kind of pandemic endgame," Hans Kluge told AFP, urging nonetheless caution due to the virus' ability to mutate The Covid-19 pandemic has entered a new phase with the Omicron variant, which could infect 60 percent of...
Delivery race among Indian grocery startups brings road safety risks
"Ten minutes is very sharp," said a former road secretary, Vijay Chhibber. "If there was a (road safety) regulator, it would have said this can't be a company's unique selling point." NEW DELHI: Indian grocery startups are luring tech-savvy customers with the promise...
Omicron in community transmission stage in India, dominant in metros reporting surge: INSACOG
“Omicron is now in community transmission in India and has become dominant in multiple metros, where new cases have been rising exponentially. BA.2 lineage is in a substantial fraction in India and S gene dropout based screening is thus likely to give high false...
China’s falling birth rate poses future threat to country’s economy: Report
With regard to these issues, the Chinese government in 2016 had lifted the one Child policy. And in the last summer. they allowed families to have three children. But none of these efforts turned out to be effective as the birth rate has shown a continuous decline The...
Airlines to supermarkets: Living with Covid is tough in gridlocked economy
Still, as the pandemic persists into its third year, it’s becoming clearer by the day that a return to economic normality is some way off. The global economy is now split between those countries living with the virus and China’s dogged pursuit of Covid-zero From...