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US agency probes TCS for workers’ bias claims
“Allegations that TCS engages in unlawful discrimination are...
Falling fertility rates in southern states point to ageing population in future, says Arvind Panagariya
"Southern states in particular, where fertility rates have fallen...
ICICI Gen’s net profit jumps 80% to Rs 349 crore in Q1FY2023
It had a combined ratio of 104.1 per cent in Q1 FY2023 as against 123.5 per cent in Q1 FY2022 Its underwriting losses have fallen by almost 70 percent y-o-y to Rs 193 crore during the period Mumbai: With a major drop in its underwriting losses, ICICI Lombard General...
HDFC Life’s net profit rises 21% to Rs 365 crore in Q1FY2023, to set up an IFSC Insurance Office (IIO) at GIFT city
Vibha Padalkar, MD & CEO, HDFC Life, The life insurer’s Indian embedded value(IEV) has risen by to Rs 29,709 crore in the reporting quarter. Its value of new business (VNB) has moved by 25 per cent to 510 crore in the same quarter Its new business margin for...
Russia defaults on LNG supplies to India
Moscow has in recent months imposed sanctions on 31 companies, including the owner of the Polish part of the Yamal pipeline that carries Russian gas to Europe, as well as the former German unit of Gazprom New Delhi: Russia has defaulted on the supply of at least 5...
DGCA’s spot checks detect insufficient staff certifying planes
Before each departure, an aircraft is checked and certified by an aircraft maintenance engineer (AME). The DGCA has now issued guidelines for airlines on the deployment of AME personnel and directed them to comply by July 28. "It is also seen that airlines are...
Monkeypox: India’s second case detected in Kerala
The patient had landed at the Mangalore airport in coastal Karnataka from Dubai on July 13. He was admitted to a hospital after he exhibited symptoms of the disease. His samples were sent to the National Institute of Virology, Pune, and they tested positive for the...
RBI wants govt to prohibit cryptocurrencies: Sitharaman
Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman said, any legislation for regulation or for banning such currencies can be effective only after significant international collaboration on evaluation of the risks and benefits and evolution of...
EPFO likely to enhance investment limit in equities to 20 per cent
The proposal to revise the limit to 20 percent has been vetted and approved by the Employees' Provident Fund Organisation's (EPFO) advisory body Finance Audit and Investment Committee (FAIC) New Delhi: Retirement fund body EPFO is likely to approve this month a...
Rajasthan gets AI-powered tool for fast disposal of cases at Lok Adalat
According to the statement, the platform helps one perform end-to-end dispute resolution with easy drafting and filing of applications, one-click generation of e-notices, smart templates to draft settlement agreements, digital hearings powered by tailor-made video...
SpiceJet faces frequent mid-air malfunctions and financial woes
That notice from the regulator, DGCA, said SpiceJet has failed to establish “safe, efficient and reliable air services,” and a number of its aircraft returned to their origin or continued their journey with “degraded safety margins,” according to the missive, a copy...
‘Gloomy’ information suggests ‘foreign hand’ behind cloudburst: KCR
K Chandrashekhar Rao,Chief Minister,Telangana ''A new method called cloudburst has come. They say there are conspiracies around it. We don’t know how far it is true. Some foreign countries are deliberately doing cloudbursts in our country. Earlier, they did it in Leh...