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Baramati plane crash: Visibility was below required level when accident happened, says AAIB initial report
In its safety recommendations, AAIB said operators of uncontrolled...
Middle East conflict: Exporters fear rise in logistics, insurance costs, impact on shipments
"Air routes are being altered, and maritime trade through the Red...
Delhi tribunal awards over Rs. 1.62 crore to 21-year-old man injured in road accident
The tribunal awarded him a compensation of over Rs. 1.62 crore under various heads, including Rs. 59.36 lakh for loss of future earnings.Since the vehicle was insured at the time of the accident, the tribunal directed the insurer, The New India Co. Ltd., to deposit...
Signature Global to invest Rs380 cr on earthquake resistance technology
The 'Hysteretic Tuned Mass Dampers (HTMDs)' technology is a specialised system designed to reduce vibrations in high-rise buildings caused by wind and earthquakes.By controlling building movement, it enhances stability and occupant comfort. New Delhi: Realty firm...
LIC should continue focus on digital marketing: Nagaraju
M Nagaraju,Secretary,Financial Services Nagaraju expressed satisfaction with LIC’s consolidated AUM of ₹57.23 lakh crore and a yield of 8.9% on policyholders’ funds, supported by a strong solvency ratio of 2.13. This corpus may be used for incentivising growth of...
DGCA imposes Rs 22.20 crore penalty on IndiGo over December 2025 flight disruption
The committee observed that an overriding focus on maximising utilisation of crew, aircraft, and network resources, which significantly reduced roster buffer margins. Crew rosters were designed to maximise duty periods, with increased reliance on dead-heading, tail...
AM Best maintains stable outlook on India’s non-life insurance segment
“India’s long-term economic outlook remains favourable for non-life insurance growth despite the near-term moderation,” said Chris Lim, associate director, analytics, AM Best. Singapore: International rating agency AM Best has maintained its outlook on India’s...
Anuj Tyagi quits as MD&CEO of HDFC ERGO General Insurance
Anuj Tyagi, MD & CEO, HDFC ERGO General Insurance The board of the company has already initiated a structured sucession process to ensure continuity and stability. Tyagi will work with the team till mid April to ensure a smooth transition in keeping with the...
Indian stock exchanges to remain open on Sunday for Union Budget 2026
Nirmala Sitharaman,Union Finance Minister The Budget Session of the Parliament will commence on January 28 and will continue till April 2.Finance Minister will begin the presentation of the Budget at 11 a.m. in the lower house on February 1, the Speaker said in...
SC reserves judgement on father’s plea seeking passive euthanasia for son in coma for over 12 years
Passive euthanasia is the intentional act of letting a patient die by withholding or withdrawing life support or the treatment necessary to keep him alive. New Delhi: The Supreme Court on Thursday reserved its judgment on a plea filed by the father of a 31-year-old...
Allianz Jio Reinsurance applies for a license from IRDAI, starts leadership hiring
``We are witnessing a secular trend in business momentum across all our operating verticals, which has now gained significant velocity.As we continue to build depth, capability and market presence, we are well-positioned to shape the next phase of financial services...
RBI issues norms for internal ombudsman in banks, NBFCs
The directions have been issued with a view to strengthening the internal grievance redress mechanism within regulated entities and ensuring a speedy and meaningful resolution of customer complaints by enabling a review by an apex-level authority within the entities,...