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Govt is committed to develop a `Global Reinsurance Hub’ in India: Sitharaman
Nirmala Sitharaman, Union Finance Minister Lloyd’s is evaluating...
Indian economy tops expectations, grows by 7.6% in Q2
''Real GDP growth clocked 7.6 per cent in Q2 FY 2023. The real GDP...
Air traffic growth hits 5-yr low in FY19 at 11.6%; cargo at 6%
The passenger traffic movement at the four key airports reported a sharp decline in March as travel demand in the Delhi and Mumbai airports de-grew 9.4 percent and 16.2 percent, respectively. Similarly, Chennai saw a 7.4 percent de-growth and Kochi degrew by 11.3 percent in March.
Severe cyclonic storm ‘Fani’ heading towards Odisha
The National Crisis Management Committee (NCMC), the country’s top body to deal with emergency situation, Monday took stock of the situation arising out of cyclone ‘Fani’ and assured the state governments concerned of all assistance from the central government to face the storm.
FDI in insurance industry can be raised to 74% over next 5-10 yrs, Sathe
He enlisted increasing penetration, avoiding mis-selling,increasing sum assurance through sale of term plans and designing products easy for sale, are the main issues of the life insurance industry
World’s worst Air Pollution finally emerges as an Election Issue in India
The ruling BJP’s election manifesto promises to focus on 102 most polluted cities in the country. “We will reduce the level of pollution in each of the mission cities by at least 35 percent over the next five years,” it says, lauding itself for “effective steps” taken to reduce the level of pollution. The Congress party manifesto calls air pollution a national public health emergency. It promises to strengthen the National Clean Air Program to tackle pollution.
Cyclone ‘Fani’ may turn into severe storm, NDRF, Coast Guard on high alert
Prime Minister Narendra Modi is closely monitoring the situation and has directed Cabinet Secretary P K Sinha to convene a meeting of the National Crisis Management Committee (NCMC) to take stock of the situation with the state governments and the central ministries and agencies concerned to ensure necessary preparations to deal with the situation.
Max India exploring new lines of businesses after divesting healthcare and health insurance
Max Group’s sponsor Singh , who has increased his involvement in Max India by taking on the mantle of chairman, is looking to start afresh in Advaita by venturing into 1-2 new business areas, which will have adjacencies to the group’s latest focus areas of life insurance, real estate, senior care and lifestyle.
Cyclonic storm ‘Fani’ to intensify into ‘severe cyclonic storm’: IMD
“It is very likely to intensify into a severe cyclonic storm during next 12 hours and into a very severe cyclonic storm during subsequent 24 hours,” the IMD said.
Heavy falls at isolated places are very likely over Kerala on April 29 and 30.
Pre-monsoon rainfall records 27% dip, says IMD; agriculture may take a hit
The highest deficiency of 38 per cent was recorded in the northwest India division of the IMD, which comprises states of Uttar Pradesh, Delhi, Punjab, Haryana, Jammu and Kashmir, Uttarakhand, Himachal Pradesh.
Air India software shutdown effect: 137 flights to be delayed today as well
FPIs stay bullish on India for third month; invest Rs 17,219 cr in April
Overseas investors had put in a net sum of Rs 45,981 crore in March and Rs 11,182 crore in February in the capital markets (both equity and debt)