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Here is a masonry blog layout with no sidebarLockton makes 3 key appointments for its India ops
Us based Lockton, which has set up its operations in India recently, has appointed Mukul Bhatia, Irfan Shirwani, and Prasanna Hunur as team members in the country .These key additions will support Sandeep Dadia, chief executive officer of Lockton in India, in driving...
IRDAI Board meets today, likely to approve Bima Sugam
Bima Sugm will be officially called as Rashtriya Bima Sugam Nigam Ltd and the shareholding of the company will be widely held amongst life insurers, general insurers and health insurers with no single entity having controlling stake Hyderabad: Insurance regulator...
India’s navy takes control of bulk carrier hijacked by Somali pirates and evacuates crew
Activity from Somali pirates has dropped in recent years, but there has been growing concern it could resume amid the political uncertainty and wider chaos in the region that has included attacks on ships by Yemen’s Houthi rebels New Delhi: The Indian navy said late...
Swiss Re’s Thorsten Steinmann to succeed Michael Pickel at Hannover Re
Thorsten Steinmann joins from Swiss Re, where he was most recently responsible for the reinsurance business in Germany, the Nordics, Austria, Central and Eastern Europe, the Netherlands, and Switzerland Hannover: The Supervisory Boards of Hannover Rück SE and E+S...
Indian insurance industry receives Rs 54,000 crore FDI since December 2014: DFS Secy Joshi
Financial Services Secretary Vivek Joshi said that the Assets Under Management (AUM) nearly tripled to Rs 60.04 lakh crore as on March 31, 2023 as compared to Rs 21.07 lakh crore in 2013-14, while total insurance premium recorded more than two-fold jump to Rs 10.4...
Star Health Insurance sets up operations in GIFT City
Anand Roy, MD & CEO of Star Health Insurance said, “This is a pivotal step in our expansion strategy, extending our reach beyond Indian borders and providing seamless access to our health insurance offerings for Non-Resident Indians (NRIs) and the global Indian...
“Government in process of creating dedicated deeptech startup policy,” says DPIIT Secretary RK Singh
Rajesh Kumar Singh, the Secretary of the Department for Promotion of Industry Emphasizing the importance of government support for startups, Singh highlighted that beyond funding, startups require orders from the government to kickstart their journey effectively. He...
Water crisis in India’s silicon valley presents pressing challenge, say industry players
"Companies have started giving work from home, as employees refuse to come to office citing water shortage. This is of course impacting operations because there is a whole new setup that needs to be done to cater to the sudden shift," co-founder and CEO of Kuku FM,...
FPIs injects over Rs 40,000 cr in Indian equities on strong economic growth
The inflows came following a modest investment of Rs 1,539 crore in February and an outflow of Rs 25,743 crore in January, data with the depositories snowed New Delhi: FPIs came back strongly to invest in the Indian equity markets, buying shares worth Rs 40,710 crore...
Centre seeks more time to frame policy on online sale of medicines, Delhi HC grants ‘last opportunity’
The high court, which was hearing several petitions seeking a ban on the "illegal" sale of drugs online and challenging the draft rules published by the ministry to further amend the Drugs and Cosmetics Rules, listed the matter for further hearing on July 8 New Delhi:...
India’s economic boom feels like 2003-07: Morgan Stanley
The current cycle is driven by investment outperforming consumption, public capex leading initially but private capex rapidly catching up, the urban consumer leading consumption followed by catch-up in rural demand, market share in global exports rising and macro...
India’s universal health insurance plan achievable, says Devi Shetty
Devi Prasad Shetty, Founder and Chairman of Narayana Health This universal insurance program, according to Devi Shetty hasn't happened because of an inherent trust deficit between stakeholders -- insurance companies, hospitals, and patients New Delhi:India is poised...
Banks asked to check mis-selling of insurance products, safeguard account holders’ interest: DFS Secy
Vivek Joshi ,Financial Services Secretary Banks have been sensitised on the matter, as the Department of Financial Services (DFS) regularly gets complaints that fraudulent and unethical practices are being adopted by banks and life insurance companies for procuring...
Election Commission to use two laws counter-narrative to curb misinformation during Lok Sabha polls
"Tackling misinformation in today's digital age is complex. We have put certain measures in place to ensure misinformation is nipped in the bud. We will be proactive in debunking fake news. Originators of fake news will be dealt with severely as per extant laws,"...
Bankers in India to get higher salary increases than Singapore, Hong Kong
Investment bankers can already earn more in India’s major urban centers such as Mumbai and GIFT city, the nation’s free market zone, than in Singapore and Hong Kong. The average base salary is 4.5 per cent higher than in Hong Kong and 7.7 per cent more than in...
WHO and UNICEF launch free online course to address children’s environmental health
The course provides an in-depth exploration of children's environmental health, covering key topics of global concern such as air pollution, climate change, e-waste, lead, pesticides and other hazards affecting children's well-being. Participants will gain valuable...
Neurological conditions now leading cause of ill health and disability globally: Lancet study
The top 10 contributors to neurological health loss in 2021 were stroke, neonatal encephalopathy (brain injury), migraine, Alzheimer's disease and other dementias, diabetic neuropathy (nerve damage), meningitis, epilepsy, neurological complications from preterm birth,...
Age, sex, location could be important to antibiotic resistance, study finds
Antibiotic, or antimicrobial, resistance is a global public health threat and occurs when disease-causing germs evolve and develop a resistance to the very drugs designed to kill them, rendering these drugs ineffective Age, sex and location could be important in...