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Kerala to come out with policy to promote ESG investments, says Industries Minister
P Rajeev,Industries Minister,Kerala Emphasising that ''ESG is the need of the day'', Rajeev, Industries Minister, pointed out that after floods and natural calamities, the state government has taken various steps to ensure the equilibrium regarding environmental...
US Cap on drug price hikes for privately insured sparks battle
Polls show that Americans across the political spectrum overwhelmingly favor government action to reduce drug prices. The chief cost complaints are: high out-of-pocket costs for patients, high and rising list prices, and high launch prices for new medicines. The Biden...
Vulnerability in PNB server exposed customer data for about seven months: CyberX9
''Punjab National Bank kept severely compromising the security of funds, personal and financial information of over 180 million (all) its customers for about the last 7 months. PNB only woke up and fixed the vulnerability when CyberX9 discovered the vulnerability and...
Indonesia prepares regulation to help fund mangrove restoration
A government study showed last month that Indonesia will need to invest $150 billion to $200 billion per year in low carbon programmes over the next nine years to meet its goal of net zero carbon emissions by 2060 or sooner. To help reach its goal, Indonesia will...
Australia calls for global action to fight online misinformation
Foreign Minister Marise Payne said blocs like the Quad group - the United States, India, Japan and Australia - and global bodies like the United Nations were already working to strike a balance between harmful content and free expression online. SYDNEY: Australia on...
Willis Appoints Former Lloyd’s CEO Beale and 3 others as new directors
The announcement comes months after a pushback from U.S. regulators forced Willis and Aon to call off their $30 billion merger that would have created the world’s largest insurance broker, topping current leader Marsh & McLennan Companies Inc . London: Willis...
Australia Sues life insurer for causing financial harm to customers
The Australian Securities and Investments Commission (ASIC) has accused MLC, a part of Nippon Life Insurance, Japan’s biggest insurer, of service failures resulting from poor systems and controls over a period from 1999 to 2020, which caused financial harm to over...
Allianz Becomes China’s First Wholly Foreign-Owned Life Insurer
Many foreign financial institutions are looking to expand their onshore presence in China, taking advantage of a relaxation of ownership restrictions for foreign players in the asset management, insurance and securities broking sectors. Allianz said on Wednesday that...
South Africa officials Sued Over Plans to Construct New Coal-Fired Power Plants
South Africa relies on coal for more than 80% of its power and is the world’s 12th-biggest source of greenhouse gases. South Africa’s energy regulator and energy minister have been sued by environmental activists over national plans to allow the construction of new...
Covid, soaring inflation threaten second winter of woe for world economy
With parts of Europe confronting renewed restrictions to contain another wave of the virus, China’s rebound fading and rising infections taking hold in America too, much of the global economy is now staring at the threat of a second northern winter of woe, compounded...
How to increase life span? Researchers find a way
Professor Seung-Jae V. Lee said, "Our study raises the exciting possibility of simultaneously promoting longevity and health in humans by slightly tweaking the activity of one protein, PTEN." Daejeon: While everyone wants to live a long and healthy life, it isn't...
Europe’s Covid-19 crisis pits vaccinated against unvaccinated
With infections spiking again despite nearly two years of restrictions, the health crisis increasingly is pitting citizen against citizen - the vaccinated against the unvaccinated Brussles: This was supposed to be the Christmas in Europe where family and friends could...
Joint bank account not mandatory for spouse pension, says govt
All banks disbursing central government pension have been advised that in case the spouse (family pensioner) opts for the existing joint bank account for credit of family pension, banks should not insist on opening a new account, it said New Delhi: Joint bank account...
EPFO empowers advisory body FIAC to take call on investment in new instruments like InvITs
Explaining the rationale behind the decision, Labour Secretary Sunil Barthwal told reporters,''If we want to provide high rate of interest then we have to follow guidelines of finance ministry. There are certain instruments (prescribed in norms) where we were not able...
Common Service Centres records more that 80% informal workers’ registrations on e-Shram portal
"We would like the CSCs to become labour welfare centres and help every worker get his/her due benefit under central/state government schemes," CSC SPV Managing Director Dr Dinesh Tyagi said According to the latest data available on the e-Shram portal, as many as 8.43...
EPFO net adds 15.41 lakh subscribers in Sept
Age-wise comparison of payroll data shows that the age-group of 22-25 years registered the highest number of net enrolments at 4.12 lakh during September 2021. This was followed by 18-21 years with around 3.18 lakh net enrolments. This indicates that many first-time...
Sitharaman announces clearance to 3 key projects worth Rs 500 crore for IFSCA
Union Finance Minister Nirmala Sitharaman Union Finance Minister Nirmala Sitharaman underlined that the central government's commitment to make GIFT City a world-class fintech hub as stated in the Union Budget 2021-22 GIFT-IFSC is especially targeted towards companies...
Idemitsu Kosan provides brain MRI facility at gas stations in Japan
At the gas station of Shizuoka Prefecture, a facility of brain MRI service is being provided. The purpose of this service at the station is a preventive medical emergency which will contribute to keeping good health of the people Japanese company Idemitsu Kosan has...