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Indian
India calls for global coordination to effectively regulate cryptocurrency
Nirmala Sitharaman,Union Finance Minister "The underlying principle...
LIC’s total premium for fiscal 2023 grew 17% to Rs 2.32 trillion
In terms of new business premiums collected, it continues to hold a...
G Srinivasan to join as a member of Agam’s Strategic Advisory Board
G Srinivasan, director, former CMD, New India Assurance Agam was...
HDFC Life Insurance shares end over 6 pc higher
In a regulatory filing on Friday, HDFC Life Insurance Company has...
International
New York’s pension fund to review oil holdings, axes more coal investments
The move by the New York state pension fund comes days after the United Nation’s Intergovernmental Panel on Climate Change reported global warming was nearly out of control, and calling its findings “a death knell for coal and fossil fuels.”
Major investors, including BlackRock have re-evaluated holdings in fossil fuel producers and prodded energy executives to reduce emissions and prepare for a lower carbon world. After completing its shale review, the New York fund plans to turn next to oil and gas pipeline and processing investments, it said.
Official: China’s growth likely to slow due to virus, floods
China’s economy still is in a “recovery trend” from last year’s pandemic-induced slowdown but is likely to weaken after a relatively strong first half, said Fu Linghui, a spokesman for the National Bureau of Statistics.
“This year’s main economic growth trend will be low after high,” Fu said at a news conference.
7.2 magnitude earthquake hits Haiti; at least 304 killed
The epicenter of the quake was about 125 kilometers (78 miles) west of the capital of Port-au-Prince, the US Geological Survey said, and widespread damage was reported in the hemisphere’s poorest nations as a tropical storm also bore down.
Haiti’s civil protection agency said on Twitter that the death toll stood at 304, most in the country’s south. Rescue workers and bystanders were able to pull many people to safety from the rubble. The agency said injured people were still being delivered to hospitals
Aviva to refund at least $5.6 billion to investors after rationalising its global spread
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