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SpiceJet faces frequent mid-air malfunctions and financial woes

SpiceJet faces frequent mid-air malfunctions and financial woes

by AIP Online Bureau | Jul 18, 2022 | Indian News, Non-Life

That notice from the regulator, DGCA, said SpiceJet has failed to establish “safe, efficient and reliable air services,” and a number of its aircraft returned to their origin or continued their journey with “degraded safety margins,” according to the missive, a copy...

Average farm income soars 1.3-1.7 times in FY22 from FY18: SBI Research

by AIP Online Bureau | Jul 17, 2022 | Data, Eco/Invest/Demography, Non-Life

For certain crops in some states (like soybean in Maharashtra and cotton in Karnataka) farmers’ income more than doubled in FY22 from FY18 levels, while in all other cases it rose in the range of 1.3-1.7 times The increase in the income of farmers engaged in...
‘Gloomy’ information suggests ‘foreign hand’ behind cloudburst: KCR

‘Gloomy’ information suggests ‘foreign hand’ behind cloudburst: KCR

by AIP Online Bureau | Jul 17, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Policy

K Chandrashekhar Rao,Chief Minister,Telangana ”A new method called cloudburst has come. They say there are conspiracies around it. We don’t know how far it is true. Some foreign countries are deliberately doing cloudbursts in our country. Earlier, they did it in...

3 emergency landings of international airlines in India in last 48 hours

by AIP Online Bureau | Jul 17, 2022 | International News, Non-Life, Reinsurance

“We had two emergency landings of foreign operators on Saturday. Air Arabia at Cochin due to hydraulic issues and Ethiopian at Kolkata due to pressurisation issue,” said an official In a third similar incident, on July 15, an aircraft of SriLankan airlines...
Wage-Revision: PSU general insurance unions threaten “2-day complete strike” from July 27th, demand pay parity with LIC

Wage-Revision: PSU general insurance unions threaten “2-day complete strike” from July 27th, demand pay parity with LIC

by AIP Online Bureau | Jul 17, 2022 | Indian News, Non-Life, Policy

“In case of any failure on the part of our managements to revert on priority basis, we shall have no choice but to observe 2-day complete strike in PSGICs and GIC Re on 27th & 28th July 2022 and any other IR action as warranted, in consonance with the...
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