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Indian
ICICI Lombard partners with actyv.ai for SME solutions
ICICI Lombard will collaborate with actyv.ai to design...
Govt to screen, put 75 million people with hypertension and diabetes on standard care by 2025
India is making efforts to achieve results in social indicators...
Irdai forms task force to facilitate ease of doing KYC using Aadhaar
Rakesh Joshi,member (F&I), Irdai The panel has been asked to...
LIC shares fall nearly 40 pc in first year of listing; investors’ wealth erode by Rs 1.93 lakh crore
“LIC’s IPO listed at a discount and has never seen the IPO price...
International
Chinese regulators seek more control over internet firms’ algorithms
Under the draft regulations, companies must disclose the basic principles, purpose and operation mechanism of its algorithm recommendation services, and must include convenient options for users to turn off the recommendation service.
Algorithms should also not be used in ways that may cause addictive behaviors in users, or induce them to spend excessively. It was not immediately clear how that would be enforced.
UN hails end of poisonous leaded gas use in cars worldwide
Petroleum containing tetraethyllead, a form of lead, was first sold almost 100 years ago to increase engine performance. It was widely used for decades until researchers discovered that it could cause heart disease, strokes and brain damage.
UNEP said studies showed leaded gas caused measurable intellectual impairment in children and millions of premature deaths.
“The cost of environmental degradation is real,” said UNEP’s executive director, Inger Andersen, citing what she described as a “very, very ballpark number” of USD2.45 trillion in damage to the global economy prevented by the ban.
Construction industry accelerating innovation, risk management: KPMG
Risk management is central to improving organisational resilience. Nearly 60 per cent of survey respondents say they want to gain a more holistic view of risks by increasing integration and visibility between enterprise risk management, portfolio risk management and project risk management. And two-thirds plan a moderate or high level of investment in risk management.
Suneel Vora, Partner for major projects advisory at KPMG in India, said the pandemic has taught important lessons to businesses implementing capital programmes and construction projects around resilience, integrated approach to risk, portfolio management, leveraging diversity and putting technology to work. KPMG’s Global Construction Survey 2021 reflects on the views of over 186 global industry leaders to provide specific answers to these aspects.
India to China: Where investors managing $3 trn are putting their money
Bloomberg News spoke with institutional investors with $3 trillion in combined assets under management to ask how they’re navigating economic turmoil caused by unpredictable recoveries and China’s shifting rules, which have frozen U.S. listings and almost erased the online education sector.
All recommended heightened caution and warned of a difficult recovery ahead.
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