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Indian
General insurance industry’s prm rise 16% to Rs 20,423 crore in Oct, pvt sector gains market share by 2%
The private sector general insurers have further expanded their...
Funding winter: IFSCA aims to hand out Fintech grants to Indian innovators from early next year
''We have an external committee which will be looking into these...
Fadnavis directs GST officials to work with cyber dept to curb financial frauds
Fadnavis, who also holds home and finance portfolios, issued the...
Climate finance a mirage; early warning systems key to saving lives, livelihoods: Bhupender Yadav at COP27
Union Environment Minister Bhupender Yadav India is making swift...
International
‘Bunch of garbage’: Campaign to ease pilot overload from antiquated safety warnings
India’s COVID-19 emergency is wake-up call to Africa -AU health chief
African nations generally do not have sufficient numbers of health care workers, hospital beds, oxygen supplies, and the continent of 1.3 billion would be even more overwhelmed than India if cases surged in a similar way, said John Nkengasong, head of the Africa Centres for Disease Control and Prevention.
“We are watching with total disbelief…What is happening in India cannot be ignored by our continent,” he told reporters.
India’s GDP to grow at 11% this fiscal, surge in COVID cases may put economic recovery at risk: ADB
For FY2022, India’s GDP is expected to expand at 7 per cent, it added.
China’s gross domestic product (GDP) is forecast to expand 8.1 per cent in 2021 and 5.5 per cent in 2022. East Asia’s GDP is expected to grow 7.4 per cent in 2021 and 5.1 per cent in 2022, it said.
Further, it said the gross domestic product (GDP) of South Asia is expected to rebound to 9.5 per cent this year, following a contraction of 6 per cent in 2020, before moderating to 6.6 per cent next year (2022), it said.
ADB said the economic growth in developing Asia is set to rebound to 7.3 per cent this year, supported by a healthy global recovery and an early progress on COVID-19 vaccines. The projected resurgence follows a 0.2 per cent contraction last year.
Russia fines Apple $12 mln for alleged app market abuse
The Federal Antimonopoly Service (FAS) said on Tuesday that U.S. tech giant Apple’s distribution of apps through its iOS operating system gave its own products a competitive advantage.Facebook, TikTok and Alphabet’s Google have also come under fire. The FAS said in a statement it had imposed a turnover fine on Apple of 906.3 million roubles ($12.1 million) for the alleged violation of Russian anti-monopoly legislation.
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