Based on a report on the estimated damages caused to standing crops...
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California lets insurers factor wildfire risks in rates to widen coverage
The continued retreat of larger insurance carriers from the...
Monsoon likely to start retreating from northwest India by Sept 25: IMD
India has received 780.3 mm of rain during this monsoon season so...
Indian markets cheer Modi’s likely return to power
MUMBAI/BENGALURU: Indian markets rallied on Monday after exit polls showed Prime Minister Narendra Modi was set to win a second term after a general election with an even bigger mandate than in 2014. The S&P BSE Sensex zoomed over 900 points at open to...
2019 general elections: The winner gets an economy riddled with problems
With 7% expansion in the year through March, India has held the crown as the world’s fastest-growing major economy. But that’s quickly changing this year as consumption — which makes up 61% of India’s gross domestic product — weakens sharply, with ripple effects on new investments. GDP data due May 31 will probably show growth cooled in the three months through March from a six-quarter low of 6.6%.
Irdai proposes to increase third-party insurance premium for cars, two-wheelers
Similarly, for cars falling between 1,000 cc and 1,500 cc also, premium is being proposed to be increased to ₹3,300 from the existing ₹2,863. However, for luxury cars (with engine capacity of over 1,500 cc) no change in TP premium has been proposed from the existing ₹7,890.
Young and unsettled: Millennials and Gen Z pessimistic on life, says survey
Climate change, protecting the environment and natural disasters topped the list of most respondents on a personal level, but less than three in ten of both the Millennial and Gen Z cohorts cited it as a worry. The next-highest concern for Millennials is income inequality or distribution of wealth. Terrorism, crime and concerns about personal safety were also high on the list.
Ashok Leyland ready to ride on Elon Musk’s India dream
According to Venkatesh Natarajan, Senior Vice President and Chief Digital Officer, Ashok Leyland, the company is open to Musk for a partnership to finally let Indians experience his path-breaking autonomous Tesla electric cars.
Airlines urge Nations’ Regulators to avoid competing Safety Rules
The head of the International Air Transport Association (IATA), representing 290 airlines or more than 80 percent of world traffic, backed the existing process that usually involves one host regulator lead certification for each type of new aircraft, in exchange for reciprocal agreements with other agencies across the world.Airlines want to “avoid each model being certified 1,000 times” but focus instead on a single lead regulator, Alexandre de Juniac told a meeting of aerospace executives in Paris.
26 Maharashtra reservoirs hit ‘zero water’ storage level as on May 18
the Water Conservation department of the state government in its website informed that water storage in Aurangabad Division, which comprises Aurangabad, Beed, Hingoli, Parbhani and Osmanabad districts, was 0.43 per cent as against 23.44 per cent at the same time last year
London marine insurers widen Middle East threat zone after ship attacks
The Joint War Committee, made up of syndicate members from the Lloyd’s Market Association (LMA) and representatives from the London insurance company market, normally meets every quarter to review areas it considers high risk for merchant vessels and prone to war, terrorism, piracy and related perils.
Most polls predict majority to BJP-led NDA, Equity markets are likely to extend gains
Equity markets are likely to extend gains after most exit polls showed Narendra Modi retaining power with a comfortable majority in the Lok Sabha elections 2019.
Water management to be Modi’s priority if NDA is re-elected
It is estimated that 200,000 Indians die every year due to inadequate access to safe water. It is a statistic that should shame any Prime Minister-to-be into promising that this would be his or her prime focus