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Here is a masonry blog layout with no sidebarMillionaires group calls for wealth tax at virtual Davos
According to a study conducted by the Patriotic Millionaires together with Oxfam and other non-profits, a progressive wealth tax starting at 2% for those with more than $5 million and rising to 5% for billionaires could raise $2.52 trillion, enough globally to lift...
Rising premium growth, govt reforms to strengthen insurers’ profitability: Moody’s Report
''The Indian insurance industry's growth prospects are favourable, underpinned by an expected 9.3 per cent GDP expansion in fiscal 2021, which ends March 2022, and by strong demand for health insurance in the wake of the pandemic,'' Moody's Investors Service said in...
UK regulatory shake-up could address lack of domestic commercial reinsurance -lobby group
Britain's upper chamber of parliament, the House of Lords, said late last week that its Industry and Regulators committee of lawmakers was launching an inquiry into the regulation of the London insurance market and how to improve the regulatory set-up for the industry...
5G scare: AI cancels 8 US flights; DGCA working to overcome situation
Air India stated on Twitter that it won't be operate eight India-US flights on Wednesday "due to deployment of the 5G communications in the US". These eight Air India flights were: Delhi-New York, New York-Delhi, Delhi-Chicago, Chicago-Delhi, Delhi- San Francisco, San...
Risk mitigation in insurance key to drive penetration: Official
Both the government and the Insurance Regulatory and Development Authority of India are working together on how to drive the penetration of products, innovation and distribution, he said. said Saurabh Mishra,Joint Secretary,Department of Financial Services New Delhi:...
ICICI Lombard General Q3 profit remains flat at Rs 318 cr
Bhargav Dasgupta, managing director and CEO, ICICI Lombard General Insurance said that the profit was crimped by the rising cost pressure from marketing expenses as a section of the industry has been going aggressive on this front whittling the higher gains from...
DGCA to probe two IndiGo planes’ near collision over Bengaluru airport
Officials of Directorate General of Civil Aviation (DGCA) said that the two IndiGo planes -- 6E455 (Bengaluru to Kolkata) and 6E246 (Bengaluru to Bhubaneswar) -- were involved in 'breach of separation' at Bengaluru airport. Breach of separation happens when two...
India extends ban on international commercial flights till Feb 28
"This restriction shall not apply to international all-cargo operations and flights specifically approved by the DGCA. However, flights under Air Bubble agreement will not be affected," stated the notification New Delhi: India's civil aviation regulator, the DGCA, on...
Major percentage of India’s workforce considering changing jobs in 2022: LinkedIn
“As confidence in new opportunities grows, it is evident that the Great Reshuffle in India is clearly being led by job seekers, and talent is in the driver’s seat right now – with flexibility as their no. 1 priority today,” mentioned Ankit Vengurlekar, India Managing...
SEBI examines alternate dispute resolution mechanism for investors, regulated entities
SEBI in November 2021 published the 'Investor Charter' for securities markets to further augment its efforts to protect investors’ interests, promote transparency in markets and enhance awareness, trust and confidence among investors. Since then, various steps have...
Agriculture: Gradual shift towards the implementation of green practices
Weeds, diseases, and pests cost Rs 45,000 crore every year, causing roughly 20% of crop output to be lost. India will need to increase agricultural production and productivity to ensure food and nutrition security as its population grows. The Indian agrochemical...
India reports over 2.8 lakh new COVID-19 cases, daily positivity rate at 15.13 pc
As per the health ministry, there is an increase of 0.79 per cent in Omicron cases since yesterday. The daily positivity rate is at 15.13 per cent while the weekly positivity rate is 15.53 per cent. Meanwhile, the country's recovery rate stands at 93.88 per cent India...
Covid-19 health emergency could be over this year, says WHO
Dr. Michael Ryan said “we may never end the virus” because such pandemic viruses “end up becoming part of the ecosystem.” But “we have a chance to end the public health emergency this year if we do the things that we’ve been talking about,” he said. The worst of the...
After supply, logistics emerges as biggest threat to global vaccination programs
Developed countries are getting to the point where they are choosing to live with Covid and treat it as endemic, their hospital systems insulated by higher vaccination rates. But logistical issues continue to bedevil the rollouts of poorer countries, becoming one of...
Airlines scramble to rejig schedules amid US 5G rollout concerns
The world's largest operator of the Boeing 777, Dubai's Emirates, said it would suspend flights to nine U.S. destinations from Jan. 19, the planned date for the deployment of 5G wireless services. Major international airlines rushed on Tuesday to rejig or cancel...
Deploying new 5G service will cause “catastrophic” aviation crisis :Major US airlines
The airlines warned the new C-Band 5G service set to begin on Wednesday could render a significant number of widebody aircraft unusable, “could potentially strand tens of thousands of Americans overseas” and cause “chaos” for U.S. flights The chief executives of major...
71 pc of employees rethinking their careers: Report
According to the data, Covid-19 has brought a paradigm shift in the priorities of the employees. For 68 per cent of surveyed employees, job satisfaction was solely ranked as 'very' or 'most' important aspect followed by salary and job satisfaction for 62 per cent, the...
ICICI Pru Life posts Rs 311 cr net income for Dec quarter; policy sales jump 20 pc
''We have maintained positive momentum in business and profitability, and have registered a strong year-on-year growth of 20 per cent in the value of new business (VNB). Almost half of our new business premium has been contributed by the protection and annuity...