Indian
Sebi slaps mkt ban on actor Arshad Warsi, 44 others for share price manipulation through misleading YouTube videos
Sebi noted, prima facie, these entities collectively helped create...
Govt plans to develop 600 wayside amenities on highways including clinics
"The amenities will include numerous facilities for passengers such...
Adani-Hindenburg: SC orders setting up of panel headed by ex-judge Sapre to probe recent share crash
The Supreme Court on Thursday ordered setting up of a six-member...
Mukesh Ambani to foray into genome testing with a $145 kit
The genome test, which is about 86% cheaper than other offerings...
International
Olympics-Japan considers ban on all Olympic spectators, weighs extending curbs
Saudis may work longer, pay more to Kingdom’s pension fund: Report
The government — faced with an estimated actuarial gap of 800 billion riyals ($213 billion) at the state-controlled pension fund — is weighing proposals to increase the retirement age, according to three people familiar with the matter, who asked not to be identified to discuss confidential deliberations. It could also require workers to contribute more of their salaries to the General Organization for Social Insurance, or GOSI, which manages both public and private sector pensions, the people said.
Global financial regulators attempt to align rules on climate risks
The Financial Stability Board (FSB), which coordinates financial rules for the G20 group of nations, said its “roadmap” seeks to coordinate approaches to disclosures by companies and plug gaps in the data needed to spot financial stability “vulnerabilities” and develop tools to address them.
The roadmap attempts to align rules still in the planning stage between now and 2023 to avoid more divergences between various measures for the same activity.
Swiss Re’s Nina Arquint receives `The 2021 Geneva Association Women in Insurance Award”
Jad Ariss, Managing Director of The Geneva Association, said: “I congratulate Nina Arquint on winning this award, which recognises her leadership role in reducing the underwriting of coal, the most polluting and carbon-intensive fuel, and her great dedication to tackling environmental risks. Ms Arquint and her team have made demonstrable contributions to reducing the financial viability of coal and contributing to accelerating its phase-out globally. This work is in alignment with The Geneva Association’s mission to promote the use of insurance to create a better, more resilient, and more sustainable world.”
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