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Indian
LIC’s net profit jumps manifold to Rs 6,334.2 crore in December quarter
"We continue to remain focussed on creating a portfolio mix to...
Integrative Medicine Centres will start at govt medical sites: Mansukh Mandaviya
Union Health Minister Mansukh Mandaviya "Opening such Centres will...
RBI hikes rates 25 bps as expected, hints more could come
Shaktikanta Das,governor,RBI RBI projects India's GDP growth at 6.4...
FSIB selects 3 GMDs for PSU general insurance cos
The general managers who have been chosen as directors are G...
International
Water-related disasters throw up complex challenges, threaten lives and jobs
“For decades, natural disasters, [which] have been one of the major causes of worsening poverty, forcing some 26 million people into poverty each year and reversing developmental gains…are almost always connected to water, whether through floods, storms, droughts, tsunamis or landslides”, Secretary-General António Guterres told the Fifth UN Special Thematic Session on Water and Disasters.
Agreement in principle reached over Suez Canal ship dispute
The SCA had demanded $916 million in compensation to cover salvage efforts, reputational damage and lost revenue before publicly lowering the request to $550 million.
“We agreed to settle this issue in a peaceful way without going through the courts and agreed on a final settlement. The deal is being drafted and will be reviewed,” Suez Canal Authority (SCA) Chairman Osama Rabie told a local Egyptian television programme late on Wednesday.
G20 nations recommit to shaping human-centred recovery
“The crisis has impacted some sectors and groups much harder. In particular, it has hit women and youth, along with those in the informal economy.Those are also the groups facing the most difficult situations today and the biggest risk of being left behind in the months and years ahead,”ILO Director-General Guy Ryder said.
Ryder outlined the cataclysmic impact of COVID-19, which has led to the loss of the equivalent of 161 million full-time jobs in the G20 nations. This, he said, represents a world of work crisis four times as severe as the one triggered by the financial crisis of 2008/09.
Azentio Software acquires insurance digitalisation specialist Candela Labs
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