In a letter to Civil Aviation Minister Ram Mohan Naidu, the pilots’...
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“Maritime security emerges as a major challenge in the world today”
Former National Shipping Board member Captain Sanjay Parashar said...
Non-recovery of train ticket from deceased passenger can’t defeat compensation claim: SC
The Supreme Court has said the absence of recovery of a train...
New US sanctions bill on Russia puts India in a bind
"Tariffs of up to 100% would punish Indian exporters and American consumers, disrupt trade and give the US president excessive power over major partners," said Ajay Srivastava, founder of New Delhi-based think tank Global Trade Research Initiative and a former trade...
NSE’s shareholders retain significant stake even after tendering shares in OFS
The selling shareholders largely comprised institutional investors, who collectively held a 36.82 per cent stake in NSE before the IPO and tendered shares representing a 5.11 per cent stake in the exchange, according to an analysis of data New Delhi: A majority of the...
Oriental Insurance to invest Rs 500 cr over 3 yrs to bolster digital capabilities
Sanjay Joshi, CMD,Oriental Insurance Company On the claim settlement side, Joshi said, "The company recently launched its end-to-end digital journey for Motor Own Damage (OD) claims, aimed at making claims processing faster, more transparent and convenient for...
FinMin to meet PSB, RRB chiefs on Monday to ensure banking services during 3-day strike
United Forum of Bank Unions(UFBU) claims to represent 90 per cent of the banking workforce, and their other demands include updation and improvement of pension, a uniform dearness allowance formula for all pensioners and an option for employees covered under the...
PM Modi highlights climate inequality: Developed nations emit 6 times more per capita than India
"We all know that the responsibility for carbon emissions has often been wrongly placed on developing countries. While the historical truth is that even today, India's contribution to per capita carbon emissions is less than half of the global average," he said at the...
CBI lodges FIR against Anil Ambani’s RCAP over Rs 2,684-cr LIC investment ‘fraud’
Anil Ambani,Group chairman,Reliance Group According to the Central Bureau of Investigation (CBI), LIC has alleged that between April 12, 2012, and March 9, 2018, it subscribed to five non-convertible debentures (NCDs) issued by RCAP, aggregating to Rs 3,900 crore.The...
Moody’s raises India’s FY27 growth projections to 7 pc; flags inflation risks from crude, El Nino
"Although we continue to expect India to grow faster than all other G20 economies, as well as similarly rated emerging market sovereigns, risks remain. Elevated energy prices could push annual average inflation beyond its 4.8 per cent projection for the fiscal. The...
Trai tightens anti-spam rules, brings AI-based detection, automated calls under framework
The amended rules also provide for a consumer appeal mechanism against complaint resolutions; currently, this avenue is open for issues such as bill discrepancies. The amended norms permit no more than seven days of follow-up commercial communication when a verifiable...
Power infra the biggest risk factor in India’s data centres: Howden report
Between 2016 and 2025, the power consumed by data centres built in India grew 68-fold, at a 60% CAGR as per the recent S&P data. The demand is forecast to reach 57 TWh by 2030. Increasingly, hyperscale campuses are looking to on-site, behind-the-meter generation...
FSSAI initiates legal action against Nestle India over infant nutrition products
According to FSSAI, it examined NAN Excella Pro Stage 1, Lactogen Pro 1, and a follow-up formula along with their promotional material available on e-commerce platforms.Both the products were found to be in contravention of Regulation 4(2) of the Food Safety and...