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Mining giants face sexual harassment reckoning as BHP fires 48 workers
While harassment is a problem in workplaces around the world, isolated mines can be especially risky for women. They remain largely male-dominated, with fly-in, fly-out (FIFO) workers living in camp-style accommodation that blurs the line between work and social life. Add excessive alcohol consumption into the mix, and inappropriate behavior often follows.
“City of London supports 15% of global carbon emissions”
“We’ll be targeting the City of London because it’s time that people understand the real contribution of the UK to this crisis,” lawyer and XR activist Tim Crosland told reporters.
“The City of London is the arch financier of the carbon economy. It supports 15% of global carbon emissions. It hosts BP, Shell, Glencore, Anglo American, and Russian oil and gas companies such as Gazprom and Rosneft.”
Haiti to receive a record payout of $40M from parametric catastrophe insurer CCRIF
CCRIF SPC is a segregated portfolio company, owned, operated and registered in the Caribbean. It limits the financial impact of catastrophic hurricanes, earthquakes and excess rainfall events to Caribbean and Central American governments by quickly providing short-term liquidity when a parametric insurance policy is triggered.
It is the world’s first regional fund utilising parametric insurance, giving member governments the unique opportunity to purchase earthquake, hurricane and excess rainfall catastrophe coverage with lowest-possible pricing.
This payout,representing CCRIF’s largest single payout to date. has activated the full coverage limit under the country’s parametric insurance policy for earthquakes for the 2021/22 policy year.
As CCRIF’s insurance policies are parametric, payouts are made within 14 days of an event.
UAE allows Indian tourists with 14-day rider
Xiaomi to offer full spectrum of financial services, adds insurance vertical to its India platform
Xiaomi is adding insurance vertical to its platform as well as expanding the lending category with the addition of offerings like gold loans and credit line cards.
Xiaomi India Financial Services Head Ashish Khandelwal said Xiaomi has partnered with ICICI Lombard to curate a health insurance product.
Xiaomi also has a cyber insurance offering, and more than 25,000 customers have been covered so far.
”Going ahead, insur-tech is another proposition that we are working on in a curated manner in partnerships,” he added.
Three insurance-related firms to raise Rs 10,000 cr through IPOs
Policybazaar’s Rs 6,017.5-crore public issue comprises a fresh issue of Rs 3,750 crore and an offer-for-sale of Rs 2,267.5 crore by existing selling shareholders
Star Health, the largest standalone private health insurer, is planning to raise Rs 3,000 crore; while Medi Assist, which is the largest third-party administrator, is lining up a Rs 840-1,000 crore issue, according to their draft red herring prospectus (DRHP) filed with the market watchdog.
T-Mobile says hackers accessed data of another 5.3 million subscribers
The cost of saving global economy: $834 million an hour for 18 months
Class action against 9 firms for falling to refund payments during coronavirus pandemic
India says to exceed emission cut targets, further reduction hinges on climate fund
“From 2005 levels, India’s carbon emissions fell 24% by 2016 – in the space of 11 years. Between 2016 and 2030 – in a span of 14 years – we’ve to reduce emissions by just 9-11%, but it will be definitely much more than that,” he said. In all probability, by 2025, non-fossil fuel sources would account for 40% of India’s power generation, Rameshwar Prasad Gupta, of Ministry of Environment, Forests and Climate Change said.
Hope to start supply of ZyCoV-D vaccine by mid to end Sept: Zydus Group MD
Severe Covid-19 breakthrough cases mostly in older, sicker patients: Doctors
Such “breakthrough” cases have become central to a global debate over whether highly vaccinated countries should give booster doses of Covid-19 vaccines, and to which people. Israel began offering booster doses to people age 60 and up in July, and has since expanded that eligibility.
The United States, citing data out of Israel and other findings, said on Wednesday it would make booster doses available to all Americans beginning in September.
Facebook teams up with Indian firm to help provide loans to small businesses
India to add 100 more earthquake observatories by 2026: Jitendra Singh
China allows couples third child amid demographic crisis
The shift to the two-child rule led to a temporary bump in the numbers of births but its effects soon wore off and total births continued to fall because many women continued to decide against starting families. Japan, Germany, and some other wealthy countries face the same challenge of having fewer workers to support aging populations. However, they can draw on investments in factories, technology, and foreign assets, while China is a middle-income country with labor-intensive farming and manufacturing.
July non-life insurance premiums shrug off pandemic cloud: Care Ratings
Post LIC IPO, 60 pc of insurance biz to be with listed entities: FinMin official
The insurance sector, over the two decades since the introduction of competition and regulation, has matured with 69 insurers today as against only eight in 2000. ‘A majority of these have crossed their initial breakeven phase. Once the proposed listing of LIC happens, about 60 per cent of the insurance industry business would be with listed entities. The sector as a whole has been growing at a pace significantly higher than that of the overall economy, additional secretary in the finance ministry Amit Agarwal said