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Indian
‘Hiving off insurance biz to reinforce focus on core activity in battery segment’:Exide
Google says firmly sees itself as partner to India’s financial ecosystem
Judicial reforms for strengthening contract enforcement next focus for govt: Sanyal
Sanyal said it takes time for disposal of legal matters which makes contract enforcement difficult, and called it the ”single biggest hurdle” for economic expansion.
Asked specifically if judicial reforms will be the key priority of the government, he said, ”To some extent yes…we will now move into the next phase where we will begin to do things related to administrative reforms and judicial reforms, yes.”
He added that the government will also be focusing on privatisation, adding that it is one thing to announce intentions and another do it. Despite the resistance, it will go forward with the asset monetisation plan, he noted.
Govt appoints SL Tripathy as CMD of United India Insurance
International
Seguros Unimed partners with dacadoo to provide digital health services in Brazil
Unimed is the largest Brazilian medical work cooperative and health insurance operator. It is considered the largest of its kind in the world, with more than 150,000 affiliated physicians, 386 Unimed branches and around than 18 million beneficiaries. The insurance arm Seguros Unimed is among the largest insurance carriers in Brazil, offering health, life and various other insurance products to its Unimed beneficiaries and affiliates physicians.
Coronavirus outbreak could cost global economy up to $2 trillion UNCTAD
A preliminary downside scenario sees a USD 2 trillion shortfall in global income with a USD 220 billion hit to developing countries (excluding China). The most badly affected economies in this scenario will be oil-exporting countries, but also other commodity exporters, which stand to lose more than one percentage point of growth, as well as those with strong trade linkages to the initially shocked economies.
Coronavirus outbreak: Foreign investors bleed money; sell $9 billion Asian equities so far
Stimulus hopes buoy Wall Street after rout; Dow Jones, S&P rise over 3%
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