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Indian
Investors lose Rs 13.30 lakh cr in four days of market crash
''However, the overall narrative of the market remains weak,...
India’s push for home-grown navigation system jolts smartphone giants
The central government has said that it has held a meeting with...
Salaries in India likely to rise by 10.4 pc in 2023: Aon Survey
''Business leaders, however, must make decisions that ensure their...
No coercive action till Nov 17 against Anil Ambani under Black Money Act; Bombay HC to IT Dept
Anil Ambani,chairman,Reliance Group The IT department has charged...
International
AIA to end all its coal exposure by 2028
COVID-19 disruptions may have contributed to an additional 239,000 child and maternal deaths in South Asia” – UN report
Uber to give UK drivers minimum wage, pension, holiday pay
Uber said it’s extending the benefits immediately to its more than 70,000 drivers in the U.K. Drivers will earn at least the minimum wage, which currently stands at 8.72 pounds ($12.12), after accepting a trip request and expenses, and will still be able to earn more.
Drivers will also get holiday pay equal to about 12% of their earnings, paid every two weeks. And they’ll be enrolled in a pension plan that both they and the company will pay into.
‘Green’ funds shown to herd less, cutting climate shock risk: EU watchdog
ESMA published what it described as a first attempt to assess vulnerabilities to climate-related financial risks using data from 23,965 EU-based funds worth 10.7 trillion euros ($12.7 trillion).
“Within the European financial sector, investment funds are more exposed to climate-sensitive economic sectors than banks, insurers and pension funds. However, few investment fund climate-related financial risk assessments have been conducted,” ESMA said in its latest summary of market risks.
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