General

Sleep deprivation stops brain from forming new memories: study

Facts       Nov 27, 2017

Alert! Your memories are in danger of being lost if you are sleep derived, suggests a study. Studying mice, scientists at Johns Hopkins have fortified evidence that a key purpose of sleep is to recalibrate the brain cells responsible for learning and memory so the...

Allianz Global Corporate & Specialty expands in China and Indonesia

International News       Nov 23, 2017

Singapore, Munich, New York, London    Following the opening of a new branch office in South Korea in June, Allianz Global Corporate & Specialty SE (AGCS) is targeting further growth in Asia by expanding its presence in China and Indonesia. AGCS has commenced operations in Beijing,...

93% Indian workers happy to work with a bot: Survey

International News       Nov 23, 2017

San Jose: A whopping 93 percent of Indian workers feel positive about meeting bots and virtual assistants at their workplace, a survey conducted in 10 countries has found. The survey, by technology giant Cisco, revealed that employees from Mexico (97 percent) and China (96 percent)...

Rekindling Growth

Articles       Nov 23, 2017

The Indian life insurance industry seems to be returning  to  the growth path Life insurance industry recorded a premium income of Rs 3,66,943.23 crore during 2015-16 as against Rs 3,28,102 crore in the previous financial year registering growth of 11.84 per cent (4.39 per cent...

Hitesh Kotak, CEO, Munich Re, India

``We certainly see India as one of high primary growth market with future growth potential across all segments of insurance''

Interviews       Nov 23, 2017

  How you are getting ready to start your operations? Munich Re is glad to be amongst the first set of reinsurers to better support our clients with technical knowledge and expertise directly from our Mumbai office. The approvals to open a composite branch office in...

HDFC ERGO General Insurance, JLT launch `Inherent Defects Policy' for construction industry

Indian News       Nov 23, 2017

  Mumbai: HDFC ERGO, country’s third largest non-life insurance provider in the private sector, today announced the launch of the ‘Inherent Defects Policy’, a first-of-its-kind product in the non-life insurance sector. This product addresses one of the requirements of the recently enacted Real Estate (Regulation and...

Government sets up a panel to draft new direct tax law, report within 6 months

Indian News       Nov 23, 2017

New Delhi: The government today constituted a task force for redrafting the 50-year old income tax law in sync with the economic needs of the country. The six-member task force will have Arbind Modi, CBDT Member (Legislation) as the Convener and other members, including Girish...

India moves up one notch to 126 in per capita GDP terms, says IMF data

Indian News       Nov 19, 2017

India has seen its per capita GDP rise to $7,170 in 2017, from $6,690 last year   New Delhi:     India has moved up one position to 126th in terms of GDP per capita of countries, still ranked lower than all its BRICS peers, while Qatar remains...

NASA tool predicts which cities will flood due to melting ice

International News       Nov 18, 2017

NASA researchers have also issued a warning for Mangalore in Karnataka and Mumbai,two cities are in grave danger from floods due to melting ice caps LOS ANGELES:      NASA has developed a new forecasting tool that can predict which cities will be affected as different portions...

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