Reliance General Insurance Company (RGIC) is yet to decide whether...
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IMD plans to use AI to better forecasts; admits predicting severe weather events challenging
Mrutyunjay Mohapatra, Director General,IMD The IMD will kick start...
Red Sea Crisis: Commerce Min calls inter-ministerial meet On Jan 17 to discuss way forward on trade
The commerce ministry has also set up an internal strategic group,...
IndiGo asks pilots to stop pushing Airbus engines to limit after shutdowns
All the budget airline’s A320neo aircraft now use a lower thrust setting following take off, according to a spokeswoman from IndiGo, which has suffered 13 engine shutdowns during ascents this year. The decision was taken “in order to make every possible effort to minimize exposure of engines,” she wrote in an email, adding that manufacturer Pratt & Whitney stated there’s no evidence of a connection between climbing procedure and engine incidents.
‘One Nation One Ration Card’ to be effective nationwide from June: Ram Vilas Paswan
“This system would largely benefit the numerous migrant beneficiaries such as labourers, daily wagers, blue-collar workers etc. who frequently change their place of dwelling in search of employment or for other reasons across the country,” he said.
Parliament passes bill to ban e-cigarettes; selling, storage prohibited
The bill defines electronic cigarettes (e-cigarettes) as electronic devices that heat a substance, which may contain nicotine and other chemicals, to create vapour for inhalation.
Salaries in India may rise over 9% in 2020, real wages by 5%: Global report
“Given the increasing cost pressures on the businesses, fixed salary sees a slow growth whereas high performers will continue to see a steady growth in total remuneration including performance incentives (short and long term),” .
2.62 lakh forest fires recorded from 2016-18, says Ministry of Environment
In 2018 and 2017, the highest number of forest fires were reported in Odisha at 31,680 and 36,827, respectively, the data showed.
Govt launches independent directors’ databank
“It provides for a wide array of e-learning courses on various topics including the Companies Act, securities laws, basic accountancy, board practices, board ethics and board effectiveness. A number of value added services are expected to be rolled out through the portal for capacity building of independent directors,” an official release said
LIC earns Rs14,000 cr of profit from equity investment till Nov15, improves market share
“Not only we have earned a profit of above Rs 14,000 crore from our equity investment , we have done a handsome business in terms of premium and policies during this fiscal up to November 15, 2019,” said TC Suseel Kumar, Managing Director, LIC adding that there is no slow down in the life insurance business..
Phenomenal reform momentum in first six months of Modi 2.0 govt: PM
For farmers, Modi stated that his government extended the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) to all farmers. “It was manifesto promise of the BJP that PM Kisan would be extended to all farmers of India,” he said on social media platform.
Life insurers get more time for launching new products
The new guidelines applicable for traditional and ULIP products will change the surrender values and the sum assured of the policies.It will also ensure higher withdrawals in pension plans,freedom to take risks, invest in equities, flexibility to reduce premium, greater choice when buying annuities and lower life cover in Ulips
India’s economic growth slows, pressure on Modi to speed up reforms
Reacting to Friday’s economic data, former Prime Minister Manmohan Singh said the sharp fall in economic growth was “unacceptable” given the country’s aspiration to grow at 8-9% a year.