COVID-19 has posed a threat to human life across the globe so much so that it has now been termed a ‘pandemic’ by the World Health Organization (WHO). Apart from the rising deaths, stock markets across the globe have plummeted with Sensex crashing over 3,000 points in a span of two hours. The concern is […]
The World Health Organization (WHO) recently declared the novel coronavirus (COVID-19) a worldwide pandemic. With over 2,00,000 confirmed cases and 8,000 deaths panic levels are on a rise around the globe. Flight cancellations, shutdown of public places, and remote functioning of offices have caused unprecedented disruption across industries worldwide. In many instances, people seem to […]
Oh my God! was a movie based on a middle-class atheist whose shop was destroyed in an earthquake. The movie revolves around the atheist’s struggle to claim his insurance money and learns that the disaster claim does not cover any damage caused by natural calamities classified under “Act of God”. Running out of options, he decides […]
The digital revolution in India has disrupted the business environment in all industries and the insurance industry is no exception. Digitization enhances efficiency and reduces the cost of transacting business however there remain several challenges to the adoption of emerging technologies such as disruption to the traditional insurance ecosystem, uncertain consumer adoption, return on investment […]
British writer Arthur C Clarke once said, “Any sufficiently advanced technology is indistinguishable from magic.” Since the advent of technology, human life has undergone considerable changes that may be perceived as nothing short of magic. We saw a transition from barter system to a cash-dependent economy where citizens have further moved online for gold, savings, […]
If we look into the remedies available under the Consumer Protection Act, 1986 (CPA) and the Real Estate (Regulation and Development) Act, 2016 (RERA) along with IBC, 2016. Real Estate (Regulation and Development) Act, 2016 (RERA) seeks to provide uniform laws throughout the country, for protecting the interest of home buyers and seeks to increase transparency in the functioning of […]
The magnitude of devastation attributed to events like 9/11 and the ‘Great recession of 2008’ seem bleak in comparison to the havoc wreaked by the COVID19 pandemic. The pandemic-induced lockdown has disrupted supply chains, closedown of businesses and mass unemployment. But the government’s decision to reopen the country in a phased manner brings a breath […]
The National Education Policy 2020 may provide a runway for the education sector to take off despite challenges posed on account of the pandemic. Announcement of the NEP attracted criticism from industry experts, but it may place India on the global map for sought-after educational haven of the world. The National Education Policy 2020 replaces […]
Financial institutions are focused on risk, now more than ever before. Circumstances such as the present pandemic have compelled the country and its business to pivot or risk being perished in this country-wide overhaul. The virus-induced lockdown has raised “Liquidity” and Non Performing Assets (“NPA”) issues popularizing the buzzwords in financial circles and beyond. Anticipating […]
The COVID-19 pandemic has halted the acme functioning of almost all the sectors including the media and entertainment sector. Central as well as various state governments have resorted to measures like enforcing lockdowns and curfews to curtail the rapid transmission of the pandemic. Curtailment of mass mobility and nationwide lockdown for over 4 months now […]
