2022 in Nine Charts : A look at the numbers by World Bank World Bank has recently published a review of global economy for year 2022 which has been a year of uncertainty in article “2022 in Nine Charts”. It indicates that the world is facing steepest economic slowdown since 1970. Nine charts of concerns […]
Surety Bond Insurance launched for Infrastructure Projects Union Minister for Road, Transport and Highway, Nitin Gadkari launched India’s first ever surety bond insurance product which will reduce the dependence of infra developer on bank guarantee and help in realising $5 trillion economy target by 2025. What is Surety Bond Insurance Surety Bond Insurance is a […]
Anti-Maritime Piracy Bill 2019 passed in Lok Sabha The lower house of the Parliament has recently passed Anti-Maritime Piracy bill 2019 which enables Indian authorities to take action against piracy in high seas. This bill also seeks to implement United Nation Convention on the Law of the Sea. It will applies to seas beyond the […]
Union Govt notifies six insurance regulations of IRDAI The insurance sector in India is a rapidly growing industry, with many domestic and internationals companies offering a wide range of insurance products. With the aim to further boost the insurance penetration in India from 4.2% to world average 6.3%, Government of India notifies new rules. Six […]
15TH Conference of Parties (COP15) to United Nation Convention on Biological Diversity has recently adopted Kunming-Montreal Global Biodiversity Framework for 2030 which includes four goals and 23 targets which is in line with Sustainable Development Goal. A total of 196 countries have signed a historic deal to protect 30% of the world for nature by […]
News Rajya Sabha Passed Wildlife Amendment Bill 2022 the Bill which seeks to amend Wildlife (Protection) Act, 1972 in Rajya Sabha, which strengthen the protection for endangered species and enhance punishment for illegal trade in wildlife. Objective of the Bill It aims to increase species protected under law and implement Convention on International Trade in […]