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Christian Mumenthaler, CEO of Swiss Re, appointed Chairman of The Geneva Association
Christian Mumenthaler, CEO of Swiss Re Lee Yuan Siong, Chief Executive & President of AIA, was appointed Vice Chairman. In addition, Amanda Blanc, CEO of Aviva, was elected as a new Board member at the Statutory Assembly of the Association on 11 November. ZURICH:...
Doctors say severe respiratory cases on rise in Delhi amid hazardous pollution levels
'We have observed an increase in the severity of asthma attacks. Those with pre-existing respiratory issues are requiring hospitalisation. These are acute effects of the hazardous air pollution in the city,'' said Dr Vikas Maurya, head of Pulmonology Department,...
US auto safety regulators looks into complaints on Tesla autonomous vehicle
The inquiry is another sign that NHTSA is becoming more aggressive in watching autonomous and partially automated driving systems under President Joe Biden. In the past the agency has been reluctant to regulate the systems, saying that it didn't want to delay...
Coal stocks lose ground after Glasgow climate deal
"Climate activists will undoubtedly frame COP26 as failing on coal (and fossil fuels). We look past this frustration (and current energy market conditions) and see ongoing incremental consensus in the need to reduce demand for fossil fuel," said Cowen analyst John...
Irrespective of ‘Swasthya Sathi’ card status, everybody eligible for free treatment in govt hospitals: WB Official
The Swasthya Sathi scheme, launched by the Mamata Banerjee government, offers a basic health cover to every family for receiving secondary and tertiary care up to Rs 5 lakh per annum. Kolkata: West Bengal Director of Health Services (DHS) Dr. Ajay Chakraborty on...
Analysis: COP26 message to business – clean up to cash in
New Carbon market rules set to drive investments1.5C target adds pressure for more net-zero plansScrutiny of fossil fuels could shake-up industries GLASGOW: The hard-fought Glasgow Climate Pact sent a clear message to global companies and executives: reassess business...
Crypto finance: Jayant Sinha-led Par panel to gather views from crypto exchanges, stakeholders
"We have called stakeholders from across the industry including operators of major exchanges, members of CII as well as academics from the Indian Institute of Management (IIM) Ahmedabad, who have done a very thorough study on the crypto finance," Sinha told New...
Insurers plan to up ramp up private market investments, BlackRock says
Charles Hatami, global head of the financial institutions group at the world's largest asset manager, described the trends in an interview with Reuters on Friday, based on a survey of 362 insurance executives running a collective $27 trillion in assets. GLASGOW / NEW...
Delhi pollution: SC asks Centre, states to take decisions to stop non-essential construction transport, power plants
"We direct the government of India, NCR states to examine introducing work from home for employees," the bench said. NEW DELHI: The Supreme Court on Monday directed the Centre to call an emergency meeting on Tuesday to take measures like stopping non-essential...
PB Fintech shares list with over 17 pc premium
The stock made its debut at Rs 1,150, up 17.34 per cent on both the BSE and NSE. It then gained 22.95 per cent to Rs 1,205 on the BSE. The initial public offer of PB Fintech Limited was subscribed 16.59 times earlier this month. Mumbai: Shares of PB Fintech Ltd, which...
World Diabetes Day: Doctors emphasize on ‘timely treatment and diagnosis’ of diabetes
It is estimated that by 2045 India will overtake China to become the Diabetes capital of the globe. I see around 40-50 patients of diabetes daily and have observed that males are at a higher risk of Type2 diabetes because it has been hypothesized that the female...
GOVT PLANS PROGRESSIVE STEPS FOR DIGITAL CURRENCIES IN INDIA: REPORT
There have been calls in India to impose stricter rules for transactions in virtual coins as an unregulated environment may push more domestic savings toward the asset class and could endanger household savings. New Delhi: India is planning progressive and...
Hybrid work model to stay in 2022 with fine tweaks, say experts
According to a survey by Nasscom and job portal Indeed, around 70 per cent of IT companies are trying to make the hybrid model work effectively. The survey found that 66 per cent of the respondents reported higher employee satisfaction working remotely. Mumbai: With...
Heavy rains lash Kerala, water levels rise in various dams, several roads submerged
The weather department said the situation is expected to continue, especially in the southern parts of the state, for the next two days. The Idukki district administration said that according to the Tamil Nadu government, the water level in the Mullaperiyar dam...
FPIs remain net sellers in Nov at Rs 949 cr
''It appears that FPIs are exiting on valuation concerns. The important point to note is that the old scenario where FPIs representing smart money dictated market trends is over for the present…We are in a period of uncertainty,'' said VK Vijayakumar, Chief Investment...
What’s in the Glasgow Climate Pact? Five majors outcomes
Nearly 200 nations agreed to adopt the Glasgow Climate Pact on Saturday after more than two weeks of intense negotiations, with the UK host of the talks saying the deal would keep alive international hopes of averting the worst impacts of global warming. Failure to...
UN chief says outcome of COP26 ‘not enough’
UN Secretary-General Antonio Guterres UN Secretary-General Antonio Guterres said COP26 created some building blocks for progress: commitments to end deforestation, to drastically reduce methane emissions, to mobilize private finance around net-zero emissions.And the...
PM chairs meet on cryptocurrency; concerns raised over money laundering, terror financing risks
''The government is cognizant of the fact that this is an evolving technology, it will keep a close watch and take proactive steps. There was consensus also that the steps taken in this field by the government will be progressive and forward-looking,'' a source said....