MNCs needed for youths from other countries to work in India: Sisodia

Youths from other nations will aspire to work in India only when we will establish multinational corporations like Google and Amazon in the country, Deputy Chief Minister Manish Sisodia said here on Friday. Sisodia, who is also Delhi’s education minister, was addressing the students of two private schools. “We need to … Read more

Cyclone pool a band-aid as more action needed: Suncorp – Daily – Insurance News

The Federal Government-backed cyclone pool offers a “band aid” solution to the rising cost of natural catastrophes and must be accompanied by resilience and mitigation measures, Suncorp CEO Steve Johnston says. “Whether you believe in climate change, as we do, or put more recent events down to the normal cycles of weather, or just bad … Read more

Out of the box ideas needed to unclog jails, cut criminal cases burden: SC

Some “out of the box” thinking is required to unclog jails and reduce the burden of criminal cases in courts, observed the Supreme Court on Friday while stressing that some steps should be taken by the authorities when the nation is celebrating 75 years of independence. The apex court said some “tokenism” … Read more

Water Becomes Needed Commodity in Flood-Ravaged Kentucky

FRANKFORT, Ky. (AP) — National Guard soldiers rushed to distribute bottled water to flood-ravaged eastern Kentucky as forecasters warned of more rain coming to the region. In the days since historic flooding swamped the Appalachian region, the availability of water surfaced as a concern for victims after the floodwaters badly damaged water systems. As donations … Read more

Premium cut needed to counter tough housing market: CMLA

Higher home prices and rising interest rates support the need for a Federal Housing Administration mortgage insurance premium reduction, members of the mortgage industry declared. It’s something the Biden Administration is still considering taking this action nearly 18 months into its term.   The Community Mortgage Lenders Association “expresses its deep concern and disappointment that National … Read more

Efforts needed to get routine immunisation back to pre-Covid times: WHO

The World Health Organization on Saturday called for greater efforts in the South-East Asia Region to revive routine immunization rates to pre-Covid times, stressing that despite concerted efforts by countries, challenges and gaps persist. “Commendably the region has administered 3 billion doses of COVID-19 vaccines to date, since January … Read more

Insurance Industry Support of Carbon Removal Needed in Drive to Net Zero

Ditching investments in fossil fuel businesses—and denying them insurance—aren’t the only ways for the insurance industry to participate in the drive to net zero greenhouse gas emissions, according to representatives of global insurers and reinsurers. Even those companies that are continuing to insure the oil and gas industry can push the global transition to net … Read more

India’s gig workforce seen at 23.5 mn by FY30, social security needed: NITI

India’s gig workforce is expected to expand to 2.35 crore by 202930 from 77 lakh in 202021, a NITI Aayog report said on Monday, and recommended extending social security measures for such workers and their families in partnership mode as envisaged in Code on Social Security. The report titled … Read more

Powell sees ongoing Fed rate hikes needed to tame hot inflation

Federal Reserve Chair Jerome Powell said the central bank will keep raising interest rates to tame inflation following the steepest hike in almost three decades, though policy makers must be “nimble” as various shocks buffet the world’s largest economy. “We anticipate that ongoing rate increases will be appropriate,” Powell said Wednesday in the text of … Read more