``Strong rebound in automobile sales and improving consumer...
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Deadly floods’ $20 billion toll shows Asia’s rising climate risk
“Climate change is undeniably fueling more severe flooding in...
Road accident deaths rise to 1.77 lakh in 2024: Gadkari
Gadkari said the government has formulated a multi-pronged strategy...
Higher shipping freight rates to offset costs of re-routing from Suez:Fitch
The Red Sea disruptions amplify the impact on global trade from the Panama Canal congestion, caused by drought conditions that have almost halved the number of vessels using the waterway. Bulkers carrying agricultural commodities and tankers are most affected by the...
2023- Record heat, worsened droughts, floods and bushfires around the world
Some 77 countries experienced their highest average annual temperature in at least 45 years. Temperature records were shattered from Canada to Brazil, Spain to Thailand Professor Albert van Dijk,Fenner School of Environment & SocietyAustralian National University...
Italy’s Generali pays $108 million for full control of its Chinese JV
It is the first instance in which a foreign insurer has acquired a controlling stake in a property/casualty insurer in China from a single state-owned entity through a public auction, Generali said Italy’s biggest insurer Generali on Wednesday said it would acquire...
EaseMyTrip ventures into insurance sector with a broking subsidiary
Online travel booking platform EaseMyTrip.com on Wednesday announced venturing into the insurance sector with the launch of its subsidiary EaseMyTrip Insurance Broker Pvt Ltd. The new venture is expected to solidify EaseMyTrip's position in the industry and cater to a...
Five-year breast cancer survival rate at 66.4 pc across 11 geographical areas in India: Study
''Various studies have indicated that late-stage breast cancer diagnosis is associated with people living in rural and inaccessible areas, poverty, low education levels, lack of awareness, and inadequate access to care,'' the study said The five-year survival rate of...
Misinformation biggest immediate risk for India world extreme weather top long-term threat WEF study
On a short-term horizon of two years, the report identified 'misinformation and disinformation' as the biggest risk, followed by extreme weather events, societal polarisation, cyber insecurity and inter-state armed conflict in the top five LONDON: With close to 300...
SBI Caps CEO RK Sinha appointed as Member, Finance & Investment, IRDAI
RK Sinha, MD& CEO, SBI Capital Markets Sinha is an officer from State Bank of India having specialisation in Treasury, Trade Finance & Balance Sheet Management. Analysts pointed out that with his expertise in global markets, Sinha will contribute to the...
FSIB kickstarts exercises to appoint 9 EDs in PSU general insurance companies
FSIB has shortlisted a few of GMs who were promoted in FY2022-23 and also in FY 2023-24, though they have not completed one year in the posts New Delhi: After deciding to convert the posts of general mangers and director(GMDs) into executive directors(EDs), the...
EV sales jumps 49% to 1.52 million units in 2023: Fada
The EV industry had recorded a total sales of 10,25,063 units in 2022, as per the data. New Delhi: Electric vehicle sales in India jumped 49.25 per cent year-on-year to 15,29,947 units in 2023, according to a data released by the Federation of Automobile Dealers'...
Record thunderstorm losses and deadly earthquakes in 2023, says Munich Re
Thomas Blunck, member of the Board of Management, Munich Re Worldwide, natural disasters in 2023 resulted in losses of around US$ 250bn (previous year US$ 250bn), with insured losses of US$ 95bn (previous year US$ 125bn). Overall losses tally with the five-year...