The statement came a day after the IndiGo CEO Pieter Elbers and COO...
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25 killed, 6 injured in fire at nightclub in Goa
As per initial information, the nightclub had not abided by the...
GST Cut Impact: General insurance industry premium surges 25% to Rs 26,900 crore in Nov
``Strong rebound in automobile sales and improving consumer...
Nilesh Garg quits as MD &CEO of Tata AIG General Insurance
Nilesh Garg, MD& CEO, Tata AIG General Insurance It is not yet known who will succeed Garg at Tata AIG General Insurance. During last one year, Rs three lakh trillion Indian general insurance industry has seen change of guards in many big companies Mumbai:...
Investors lose Rs10 lakh crore amid Middle East conflict, Sensex plunges 1800 points
According to market experts, the domestic market took a sharp downturn following Iran’s launch of ballistic missiles at Israel, sparking fears of retaliation and escalation into war. This could potentially drive up oil prices and lead to inflationary pressures, they...
LIC hunts for a suitable health insurance partner, to pick up less than 50% stake
Siddarth Mohanty, MD &CEO, LIC Siddartha Mohanty, MD &CEO, LIC, said, ``Yes , we are now actively searching for an Indian health insurer where we can pick up a large stake but less than 50 per cent. We will not run the company on day- to- day basis but will...
West Asia tensions: Air India closely monitoring situation; Lufthansa cancels 2 flights on Wed
German carrier Lufthansa on Wednesday cancelled its flights from Hyderabad to Frankfurt (LH753/01) and from Mumbai to Frankfurt (LH757/01) due to current situation in West Asia New Delhi: Amid escalating tensions in West Asia, some flights from Europe to India have...
Israel-Iran conflict: India Inc braces for wider sea trade disruption
As per a recent Crisil Ratings report, Indian companies use the Red Sea route through the Suez Canal to trade with Europe, North America, north Africa, and part of the Middle East. The country’s overall merchandise trade (exports and imports combined) in FY23 was Rs...
India’s EV market rises 23 pc in September with 1.59 lakh unit sales
Electric two-wheeler sales were 0.90 lakh units, a rise from 0.64 lakh units in the same month last year. The electric three-wheeler segment saw 0.63 lakh unit sales, compared with 0.58 lakh units in September 2023, as per the data New Delhi: In a boost for the...
Govt allows non-forest depts to undertake disaster prevention work in forest areas
In a letter to states and Union territories on Tuesday, the ministry said that according to the Van (Sanrakshan Evam Samvardhan) Adhiniyam, 1980, and related guidelines, certain forestry activities can be carried out in forest areas in emergency situations, such as...
Maharashtra: 2 pilots among 3 killed as helicopter crashes in Pune
The helicopter belonging to the Delhi-based Heritage Aviation, a private firm, took off from the Oxford County Golf Course helipad in Pune and was heading to Juhu in Mumbai when it crashed at 7.40 am, they said. The reason for the crash is yet to be ascertained Pune:...
Centre releases Rs 5858.60 crore to 14 flood-affected states
The Centre has released more than Rs14,958 crore to 21 states this year, said the MHA.This includes Rs9,044.80 crore from the SDRF to 21 states, Rs4,528.66 crore from the NDRF to 15 states, and Rs1,385.45 crore from the State Disaster Mitigation Fund (SDMF) to 11...
1,492 people died in extreme weather events in 2024 monsoon season
The data also revealed that Madhya Pradesh recorded the highest number of deaths (189) due to thunderstorms and lightning strikes, followed by Uttar Pradesh (138), Bihar (61), and Jharkhand (53) New Delhi: A total of 1,492 people died in India during extreme weather...