Vikram Pagaria, joint director of the mission under the National...
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India boosts AI in weather forecasts as floods, droughts increase
The India Meteorological Department expects the AI-based climate...
Govt grants one-time exemption to LIC to achieve 25 pc MPS in 10 yrs
LIC stock jumped over 7 per cent to reach its 52-week high in...
IRDAI cautions Reliance Nippon Life on expense management
-According to the IRDAI rulings on Friday , the insurer has neither furnished the Certificate from the appointed actuary nor demonstrated that the interest of the policyholders was not affected due to the excess of expenses over the prescribed limits.
-The insurer is found to have contravened provisions of section 40B of the Insurance Act, 1938 with respect to non-compliance of the limits prescribed for expenses of management, said IRDAI.
Subsidy for EVs only for commercial vehicles, not personal usage:Govt
“Proposals are invited from cities that intend to develop charging infrastructure in million-plus cities as per 2011 census. Initially, 1,000 EV charging stations are earmarked for development through the EOI (expressions of interest). These charging stations will be sanctioned in different cities after evaluation of the proposals received under the EOI, ”the minister said
India down 3 Places in mobile, broadband speed: Report
“India is one of the geographically largest and most populated country in the world, meaning a well laid out network that is able to handle high volumes of usage is a key in supporting the internet needs of the Indian market. Despite these challenges in India, further advancements in both 4G and 5G network technology will continue to improve network efficiency,” he said.
Better career prospects, sense of fulfilment attract expats to India: Survey
“Our study shows that more professionals are choosing to work abroad, helping them achieve their ambitions and long-term financial goals, from improving their job prospects and access to better education for their children to buying property or saving more for retirement,” HSBC India Head of Retail Banking and Wealth Management Ramakrishnan S said.
ICICI Lombard General net profit at Rs 310 cr, up 7.1 %, in Q1 FY2020
Combined ratio of the company stood at 100.4 per cent in Q1 FY2020, up from 98.8 per cent in Q1 FY2019, primarily on account of long-term motor policies and losses from cyclone Fani,for which it has paid total claims of Rs 16 crore said the company.
Digital transaction volumes up 51% in 2018-19 to 3,133.5 crore, says Ravi Shankar Prasad
“While the volume of transactions on BHIM app has increased during the same period, its share as a percent of all transactions on BHIM UPI platform has come down due to overall growth in the digital payment transactions, emergence and growth of new payment service providers like Paytm, PhonePe, Google Tez, etc,” the minister said.
Freak weather poses new risk to India’s renewables goals
It’s not just unpredictable rainfall but also solar radiation in India that can no more be taken for granted. Over the last 6-8 months radiation has been lower by 4% to 6%, hurting power generation, according to Vinay Rustagi, managing director at renewable energy consultancy Bridge to India Energy Pvt.
Ebix to acquier Yatra Online for Rs 2,314 crore
The transaction will create India’s largest and most profitable travel services company, and a leading online travel platform poised to capture significant international growth opportunities that would also create World’s leading End-to-End Enterprise Financial and Insurance Services Provider.
Government to prepare national data on unorganised sector
There is no separate published data for unorganised sector as a whole. “However, the shrinking of unorganised sector is a positive indicator of development,” Labour and Employment Minister Santosh Kumar Gangwar said
5.89 lakh unregistered telemarketers blacklisted since 2011 for pesky calls: Ravi Shankar Prasad
Further, a penalty of Rs 4.16 crore was deducted from the security deposit of registered telemarketers and deposited with the Telecom Regulatory Authority of India (Trai), Communications Minister Ravi Shankar Prasad said in a written reply to the Lok Sabha.