Govt plans to increase overseas investment limit in insurance to 74%

With an aim to attract long-term investment from overseas, the Indian government is planning to increase the Foreign Direct Investment (FDI) limit for insurance firms to 74% from the current 49% in the upcoming Union Budget. The Insurance Regulatory and Development Authority of India (IRDAI) is seeking inputs from the industry on government instructions and a report is expected to be submitted soon, said an ET report quoting a source aware of the development. On December 2, IRDAI in a letter to insurance firms had sought the opinion of stakeholders to increase…

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The pros and cons of keto cycling, according to health and medical experts

Fans of the high fat, low-carb keto diet praise its appetite-crushing benefit, which is why keto dieting is so popular for weight loss. But since we don’t live in a keto-friendly world, the call of carb-rich fare — from healthy options, like fruit, yogurt and oatmeal to less healthy foods, like pizza, French fries and dessert — can make it hard to stick with the keto diet. Even if you’re not craving carbs, a normal social activity, like dinner at a friend’s house, can pose problems. Enter keto cycling. In this fairly new approach, you cycle on and…

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Eight reasons why your content marketing fails

Content fails for a myriad of reasons. Poor planning, or lack of buy in from the C-suite, or a combination of both. But the main reason it fails is because it stops. “Content marketing doesn’t usually fail because of content quality. The main reason is because it’s inconsistent or it stops,” said Joe Pulizzi back in 2015, and it’s still true today. All too often businesses are looking for a quick fix, silver bullet or something to ‘go viral’. If this doesn’t happen within the first six months, they call it a day, cut…

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U.S. Public Education Increasingly Drawing Attention From Private Philanthropy

The Broad Foundation, a Los Angeles-based nonprofit organization established in 1967 by billionaire philanthropist Eli Broad and his wife, Edythe, announced Thursday that it would donate $100 million to Yale University. But the donation will be directed to training leaders in the realm of public education, from kindergarten to high school (K-12). The $100-million donation will help the Yale School of Management create a master’s degree program, free to students who aspire to lead in America’s public school systems in areas of management, public health, law, child development, policy, criminal…

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After roads, tailwinds favour private sector investment in airports

Recently, Zurich Airports International AG won the bid to develop and operate the Jewar airport near Delhi for 40 years. The Swiss firm’s bid to share revenue of ₹400.97 per passenger with the Airports Authority of India (AAI) beat competition by a wide margin. But keen participation by leading business firms such as Adani Enterprises Ltd, Delhi International Airports (GMR Group) and international firm Anchorage Infrastructure Investments Ltd shows the rising private sector interest in airports. Naveen Kumar Saini/Mint This follows the recent deal by Tata group with Singapore’s sovereign wealth fund GIC…

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Saw more merit in holding Raymond brand in the new lifestyle co, says CMD Gautam Singhania

A month after announcing demerger plans, Raymond has decided to modify its brand royalty policy and do away with any inter-company brand royalty contracts. “Originally the plan was that the new company, the lifestyle company would pay a royalty to the old company for the use of the brand name. However, we got feedback from investors and from various well-wishers that if we let the new company own the Raymond brand for its product categories, in perpetuity it would be more better for the new company,” said Gautam Singhania, CMD,…

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