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Indian
Reliance Capital Auction: Torrent Group highest bidder at Rs 8,600 crore in phase 1
The acquisition will help Torrent group to venture into the...
India detects 3 cases of Omicron subvariant BF.7 driving China’s Covid surge, Govt restarts random testing for international passengers
BF.7 is a sub-lineage of the Omicron variant BA.5 and has the...
Next financial crisis will come from private cryptocurrencies: RBI Governor
Shaktikanta Das,governor, Reserve Bank of India RBI governor...
Axis Bank forays into retirement biz with pension fund management, crosses Rs 100 cr in AUM
The third largest private sector lender received a commencement of...
International
Biden doubles U.S. spending on preparations for extreme weather
The $1 billion will help communities prepare for hurricanes, floods and wildfires, with a portion allotted specifically to disadvantaged communities, the White House said.
It said the United States had 22 separate weather- and climate-related disasters in 2020 costing a total of nearly $100 billion in losses.
Africa Specialty Risks unveils Parametric Underwriting Division
Mikir Shah, CEO of ASR, commented: “The establishment of the parametric division demonstrates our commitment to de-risking investment and increasing resilience across the African continent. Our vision is to unlock greater and more streamlined protections for insureds, ensuring that inward investment in Africa continues to boost economic activity and growth on the continent, via the integration of innovative, technological solutions.
Indian ports on east coast restrict activities ahead of cyclone
Macron calls for WHO powers to be boosted, Merkel backs call for pandemic treaty
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