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Insurers lose bid to appeal London judgment over jets lost in Russia
The decision marks another milestone in one of the largest lawsuits...
Irdai chairman Ajay Seth launches Bima Sugam website
``The launch of the website today is an important milestone, and I...
FPIs sold equities worth Rs 24,734 crore in January
The rising bond yields in the US is a matter of concern and this has triggered the recent bout of selling in the cash market. The rally in global stock markets was triggered by the Fed pivot which saw the 10-year bond yield falling from 5% to around 3.8%. Now the...
Oil tanker on fire in Gulf of Aden after missile attack by Houthis
THe US Central Command said its forces had conducted a strike at 3:45 local time on Saturday "against a Houthi anti-ship missile aimed into the Red Sea and which was prepared to launch". They "destroyed the missile in self-defence," CentCom said London: An oil tanker...
US to propose ‘know your customer’ requirements for cloud computing companies
U.S. Commerce Secretary Gina Raimondo The proposed "know your customer" regulation is set to be released as soon as next week. Top cloud providers include Amazon.com's AWS , Alphabet's Google Cloud and Microsoft's Azure unit. "We can't have non-state actors or China...
FAA restrictions on Boeing 737 MAX manufacturing expansion cast uncertainty for Indian carriers
In a statement, the FAA said: "We will not agree to any request from Boeing for an expansion in production or approve additional production lines for the 737 MAX until we are satisfied that the quality control issues uncovered during this process are resolved." New...
NRT, behavioural therapy lead to 5-fold higher quit rates of smoking, tobacco use: Study
''Combined NRT and behavioural therapy resulted in nearly 5-fold higher quit rates compared to counselling alone. The clinical trial demonstrated the efficacy of NRT for both smokers and smokeless tobacco users,'' said Dr Utkal Mohanty, associate professor, Department...
China doubles down on moves to mend its economy and fend off a financial crisis
As China's rapid rise as an economic superpower loses momentum, foreign investors and consumers are watching for signs that Beijing has a clear game plan for navigating the economy through an era of slower growth. The moves to put more money into the economy and...
US: Indian-American former Pfizer employee found guilty of insider trading on Covid medicine trial
US Attorney Damian Williams highlighted that proof has been found that Dagar stole information about Paxlovid from his employer, Pfizer, and used that illegal edge to profit in the stock market Indian-American former Pfizer Inc. employee, Amit Dagar, who was charged...
COVID and beyond: labs unite to boost genomic surveillance globally
In genomic surveillance, scientists first get data about the genetic material of a virus or organism in a process called sequencing. Then they analyse the data from several samples to look for similarities and differences between them, for example to track how the...
Italy, EU’s oldest country, to spend more on the elderly
Among several measures, the package envisages a so-called monthly "universal benefit" of 1,380 euros to support poor people over 80 with "very severe welfare needs", a government document showed Rome: Italy's government said on Thursday it would introduce a new...
Govt reaching saturation on social sector schemes for providing basic necessities to poor: FM
Finance Minister Nirmala Sitharaman Nearly 50 per cent of the population were devoid of fundamental things 50 or 60 years post independence New Delhi: Finance Minister Nirmala Sitharaman on Thursday said the government is close to reaching saturation in implementing...