Indian
Proportion of unmarried youth rising, finds govt survey
India's population, which reached 1,211 million in 2011 and is...
India’s first case of monkeypox reported from Kerala
Union Ministry of Health & Family Welfare has rushed a...
LIC improves its embedded value to Rs.5,41,492 crore as of March 22, VNB margin rises to 15.1 per cent
MR Kumar, chairman,LIC LIC's VNB (Value of New Business ) margin,...
With 9% growth, India will be the 6th largest insurance market globally in 10 yrs: Swiss Re report
``We forecast that premiums will grow by an average 9% per annum...
International
UK’s post-Brexit trade deal maintains the existing standards on environment, workers’ rights and climate change
There is a clear commitment not to lower standards on the environment, workers’ rights and climate change from those that currently exist and mechanisms to enforce them, the BBC reported.
Similarly, the restrictions compensation for unfair subsidies to companies “do not apply” in situations such as natural disasters, the BBC said. That will exempt the EU’s large current pandemic support package for aviation, aerospace, climate change and electric cars.
Hammered by virus, investors rethink role of bonds, tech and ESG in 2021
Now, as investors face lower-for-longer rates even as growth picks up, doubts are emerging whether developed-market government bonds can continue to provide both protection and diversification as well as satiate investors seeking income gains. There’s also a debate over the traditional investing policy of putting 60% of funds in stocks and 40% in bonds, even though the strategy proved to be resilient during the year.Innovative stocks now are being valued on intangible factors such as goodwill and intellectual property rather than traditional methods like price-to-earnings ratios, Alan Wang, portfolio manager at Principal Global Investors in Hong Kong said, adding that investors should adopt such valuation strategies.
EU launches vaccine rollout, historic day in virus fight
The rollout marks a moment of hope for a region that includes some of the world’s earliest and worst-hit virus hot spots Italy and Spain and others like the Czech Republic, which were spared earlier in the year only to see their health care systems near collapse in the fall.
It also should ease frustrations that were building up, especially in Germany, as Britain, Canada and the United States kicked off their inoculation programs with the same vaccine weeks earlier
Brexit offers Britain chance to do financial services differently -minister
Under a system known as equivalence, access to EU markets will not be granted to banks, insurers and other financial firms based in Britain unless their home rules are deemed by Brussels to be “equivalent”, or as robust as regulations in the bloc.
The two sides will aim to agree a memorandum of understanding on regulatory cooperation in financial services by March 2021, and Sunak said that such language should provide reassurance.
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