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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...
Experiments of blending ethanol with diesel unsuccessful; new tests with Isobutanol on: Gadkari
"Experiments were carried out to blend 10 per cent ethanol with diesel, but they turned out to be unsuccessful. Now efforts are being made to blend diesel with isobutanol, which is a derivative of ethanol," Union Minister for Road Transport and Highways, Nitin Gadkari...
Adani stops accepting sanctioned vessels at its ports, sources say
"To safeguard the legal and commercial interests of the Port, we hereby emphasize that sanctioned vessels are not accepted," Adani said in the orders seen by Reuters. NEW DELHI: India's Adani group has stopped accepting vessels that are sanctioned by the European...
Insurance Surety Bonds for NHAI contracts crosses Rs 10,000 cr landmark
Girija Subramanian, CMD, New India Assurance Till July 2025, 12 insurance companies have issued around 1,600 ISBs as ‘Bid Security’ and 207 ISBs as ‘Performance Security’ valued at around Rs 10,369 crores for NHAI contracts While the Indian general insurance industry...
US PE giant Blackstone buys majority stake in Ace Insurance Brokers
Ace Insurance Broker known for arranging major covers for Adani Group Market sources say Blackstone has acquired 70 per cent of Ace , set up by Raj Vinay Ajmera and Anil Arora, for over Rs 1700 crores Though, Blackstone has majority stakes with a five year lock in...
JBA Risk Management launches new India Crop Model
The new model, which includes more enhanced market data, crops, seasons and districts, provides invaluable insight for the risk management and insurance pricing of India’s two primary crop insurance schemes, the yield and parametric based Pradhan Mantri Fasal Bima...
GST overhaul a people’s reform, touches every family: Sitharaman
Nirmala Sitharaman,Finance Minister Within days of the decision, from car makers to public sector insurance companies and shoe and apparel brands have already announced significant price cuts and the rest are likely to follow suit by the time new GST rates are...
Insurtech firm Turtlemint seeks IPO approval submits confidential papers to Sebi
Founded in 2015 by Dhirendra Mahyavanshi and Anand Prabhudesai, Turtlemint is designed to simplify the purchase and man agement of insurance policies. The firm has sold 1.6 crore policies through its network of over five lakh advisers. New Delhi: Turtlemint Fintech...
Cardiovascular diseases cause one-third of all deaths in India: Govt report
A report by Registrar General of India said that overall cardiovascular disease remained the leading cause of death, claiming nearly 31 per cent of lives, followed by respiratory infections at 9.3 per cent, malignant and other neoplasms at 6.4 per cent, and...
Uttarakhand HC seeks responses of RBI, telecom companies, communications ministry in ‘digital arrest’ fraud case
The bench directed that the Standard Operating Procedure (SOP) or prescribed measures to curb cybercrime be circulated to every police station Nainital: The Uttarakhand High Court Thursday directed the Reserve Bank of India, telecom companies, the Union communications...
GST exemption may hit insurers in short term, but long-term gains likely: Experts
"For term insurance, GST exemption could result in notable cost reduction, making them more affordable. On the other hand, insurers may lose eligibility for input tax credits. For ULIPs, these products contain a significant investment component; hence, the direct...