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SC stays order asking Delhi govt to sign MoU over Centre’s health scheme
In its order passed on December 24 last year, the high court...
Maharashtra to set up Innovation City on lines of GIFT City: CM Fadnavis
Chief Minister Devendra Fadnavis said this initiative would create...
India has court backlog of 40 million cases, chief justice says
NEW DELHI: India has more than 40 million cases pending in lower courts, the country's chief justice said on Saturday, highlighting a huge backlog in the legal system. Courts were falling short of judges crucial to their efficient function, NV Ramana told a conference...
AM Best maintains its negative market segment outlook on India’s non-life insurance
The Best’s Market Segment Report, titled, “Market Segment Outlook: India Non-Life Insurance,” states that key lines of non-life business, including health, motor and crop insurance, have been challenged for several years by poor underwriting performance. Despite an...
FPIs outflow continues for 7th straight month; withdraw Rs 17,144 cr from equities in Apr
This makes foreign investors net sellers to the tune of Rs 17,144 crore in April, much lower than a net withdrawal of Rs 41,123 crore in March, data with depositories showed New Delhi: FPIs outflow continues for 7th straight month; withdraw Rs 17,144 cr from equities...
Supply chains continue to face hurdles, global economy faces recovery challenges
The Swiss company has developed its own disruption indicator called Seaexplorer. At its peak the end of February, the measure showed about 17 million container waiting days — essentially cargo that’s bogged down in congestion globally Global supply chains are knotting...
IMD to launch Urban Meteorological Services in 50 cities
Metro cities such as Mumbai, Hyderabad, Kolkata, Chennai and Bengaluru are expected to see the launch of Urban Meteorological Services in the first phase which will be later expanded to more cities. Under the UMS, the IMD provides current weather observations, air...
Premature to attribute extreme heat in India, Pakistan solely to climate change but heatwaves more intense: WMO
Heatwaves have multiple and cascading impacts not just on human health, but also on ecosystems, agriculture, water and energy supplies and key sectors of the economy,” the WMO said adding that the risks to society underline why it is committed to ensuring that...
Some Indian regions have hottest April in 122 years, no respite in May: IMD
Mrutyunjay Mohapatra, director general of India Meteorological Department (IMD), said parts of northwest and west central India--Gujarat, Rajasthan, Punjab and Haryana--will continue having normal temperatures in May as well The heatwave could affect agriculture by...
Indian Inc mandatorily has to report all cyber incidents to CERT-In: Govt
.“To effectvly fight cybercrime, all companies n enterprises must mandatorily report cyber incidents to @IndianCERT, New #CyberSecurity directions for a #SafeAndTrusted Internet issued under Sec 70b of IT Act,” said Union Minister of state for Electronics and IT...
Omicron sub-lineages likely evade vaccines, natural immunity: South African scientist
The BA.4 and BA.5 sub-lineages appear to be more infectious than the earlier BA.2 lineage, which itself was more infectious than the original Omicron variant, Tulio de Oliveira, the head of the institutes JOHANNESBURG: New Omicron sub-lineages, discovered by South...
Allianz toughens oil & gas policy to help meet climate goal
With pressure mounting to accelerate corporate efforts to reduce emissions, Allianz announced that beginning in 2023, it would cease issuing new property and casualty insurance to fund new oil and gas projects and would cease renewing existing contracts in July 2023...