A report in November showed that cybercrime group "Black Basta" had...
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IRDAI sets higher targets for insurers in revised norms on `Rural, Social Sector and Motor Third Party Obligations’
Insurance business pertaining to Government social security schemes...
EU agreement on ESG Ratings seen as world’s toughest
Under the agreement, ESG ratings providers based in the EU “will...
NGT junks plea seeking alternative methods of cremation to reduce air pollution
The tribunal was hearing a plea filed by Delhi resident Parmod Kumar Bhatia and others seeking alternative methods of cremation to reduce air pollution.
The plea, filed through advocate Rahul Choudhary, said there are several reports published over the years which show that wood based cremation contributes significantly towards the air pollution.
HC asks govt about compensation for kin of deceased frontline staff
The petitioner had sought direction to the state government to declare frontline workers, including doctors, police personnel and others, who died after contracting the deadly infection on duty, as martyrs and to give their families compensation.
In its response to the petition last week,the state government had said insurance cover is being provided to all healthcare workers in private and government-run hospitals under the Pradhan Mantri Garib Kalyan Package – Insurance Scheme for Health Workers.
Covid-19 case fatality rate ‘progressively falling’,among lowest in world:Govt
From 2.82 per cent over a month earlier, India’s Covid-19 case fatality rate declined to 2.72 per cent on July 10 and has further reduced to 2.49 per cent presently.
China takes over companies linked to disappeared financier
Among the companies being taken over are Huaxia Life Insurance Co., Tianan Life Insurance Co., Tianan Property Insurance Co., New Times Trust Co., Yi’An Property Insurance Co., and New China Trust Co., the China Banking and Insurance Regulatory Commission said in a statement on its website Friday.
Investors and insurers of Russian pipeline projects at risk of US sanctions
U.S. Secretary of State Mike Pompeo on Wednesday warned investors in two Russian natural gas pipeline projects that they could face sanctions as the Trump administration seeks to curb the Kremlin’s economic leverage over Europe and Turkey. Pompeo told a...
Investors sue Deutsche Bank,CEO in wake of Epstein fine
The lawsuit was filed on Wednesday in the U.S. District Court in Newark, New Jersey, and seeks unspecified damages.
It claims shareholders lost money because of Deutsche Bank’s dealings with Epstein,who was implicated in dozens of sexual abuse cases.
Lloyd’s underwriters sue Indiana Archdiocese for not disclosing allegations of child sexual abuse
Underwriters for Lloyd’s of London contends in a federal lawsuit filed Monday that when the archdiocese applied for excess sexual misconduct liability insurance in June 2019, it failed to disclose abuse allegations against Rev. David J. Marcotte reported months before its application was filed.The lawsuit asks a judge to rescind the insurance policy and render it void, The Indianapolis Star reported.
Airports Authority of India to procure 198 body scanners for 63 airports
“The process for procurement of body scanners started earlier this year before the COVID-19 pandemic. It has become important to get these scanners as soon as possible as frisking of passengers by security personnel has already been minimised since March due to the pandemic,” the AAI officials noted.
Out of these 198 scanners, 19 will be for the Chennai airport, 17 for the Kolkata airport and 12 for the Pune airport, the officials told PTI.
Floods in India, Nepal displace nearly 4 million people, at least 189 dead
The overflowing Brahmaputra River, which flows through China’s Tibet, India and Bangladesh, has damaged crops and triggered mudslides, displacing millions of people, officials said.
More than 2.75 million people in Assam have been displaced by three waves of floods since late May that has claimed 79 lives after two more deaths were reported overnight, a state government official said.
Aditya Puri highest paid banker for FY20 with Rs18.92cr in remuneration
Second largest private sector lender ICICI Bank’s managing director and chief executive Sandeep Bakhshi’s gross earnings stood at Rs 6.31 crore in his first full year as the head of the lender, the bank’s annual report said.