The reversal is especially stark because Air India had been edging...
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Banks and insurers deliberate India’s upstream reforms agenda and investment opportunities
Perspectives were also shared by financial institutions and...
SCOR and AXA jointly to launch Lloyd’s consortium for ecological restoration insurance
Jean-Paul Conoscente, CEO of SCOR P&C, commented: “Restore...
Royal Sundaram General partners with Dvara KGFS
Royal Sundaram General Insurance has announced a partnership with Dvara KGFS, a private limited company headquartered in Chennai, Tamil Nadu. This collaboration will provide customers of Dvara KGFS with access to a comprehensive suite of Royal Sundaram’s general...
Nord Stream sues insurers in London over 2022 pipeline blasts
Nord Stream AG names Lloyd’s Insurance Company and Arch Insurance (EU) DAC as defendants in its lawsuit, which was filed at London’s High Court last month LONDON: Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in...
FSIB interviews for selecting a CMD for UII and 9 EDs for PSU general insurers to be completed on Mar 20-22
The department of financial services(DFS), had prepared a list of five general managers(GMs)- BS Rahul, Agriculture Insurance Company(AIC), V Balkrishna and his spouse Jayshree Bala from GIC Re, Sunita Gupta and Rekha Solanki from Oriental Insurance Company(OIC)...
Govt announces Rs 500 cr scheme to promote e-mobility
The scheme will be for four months till July 2024.The new scheme is for 2-wheelers and 3-wheelers.The second phase of FAME-II or Faster Adoption and Manufacturing of Electric Vehicles in India programme ends on March 31, 2024 New Delhi: The heavy industries ministry...
Northern winter storms in India now more frequent in summer, raise risk of heavy flooding: study
"The loss of winter snow and the increasing late-season storms that heighten flood risks is a one-two suckerpunch that underscores the urgent need to respond to the far-reaching impacts of climate change in this sensitive region," Kieran Hunt and a co-author of the...
From only 80 Jan Aushadhi Kendras in 2014, now around 11,000 units operating across the country: Dr Mandaviya
“it is estimated that around 10 to 12 lakh people visit these Jan Aushadhi Kendras every day, providing them with significant savings and access to requisite medicines.” New Delhi: Mansukh Mandaviya, Union Minister for Chemicals & Fertilizers and Health &...
Tesla, rivals get low marks for automated-driving technology
The US based IIHS, a safety research arm of the insurance industry, also said there is no evidence that Autopilot or other assisted-driving systems have real-world safety benefits, based on crash data Tesla's Autopilot and Full Self Driving technology and nine other...
Reliance’s fuel supply to Europe avoids Red Sea -sources
Reliance, in its chartering contracts, is offering tanker owners a flexibility to go via the Red Sea, a shipping route vital to east-west trade, or the Cape of Good Hope for safe transportation of the fuels to the buyer, shipping sources said Mumbai: Most of the...
At least 50 hurt as LATAM’s Boeing 787 to Auckland ‘just dropped’ mid-flight
The cause of the apparent sudden change in trajectory of LATAM 800 could not be ascertained immediately. Safety experts say most airplane accidents are caused by a cocktail of factors that need to be thoroughly investigated At least 50 people were hurt when a Boeing...
Life expectancy dropped by 1.6 years during pandemic, reversing past progress: Lancet study
The study found that life expectancy declined in 84 per cent of countries and territories during this time. This demonstrated the “devastating potential impacts of novel pathogens”, the researchers said New Delhi: Global life expectancy dropped by 1.6 years between...