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Nearly 20 pc cashless treatment requests of road accident victims rejected since March 2024
Union Minister of Road Transport and Highways Nitin Gadkari Under...
War insurance costs spike for ship owners as Black Sea threats grow, sources say
War insurance costs for some port calls have been quoted between...
India’s exports may take a $30 billion hit on Red Sea disturbances
Higher global freight and insurance rates, possible upside risk to oil and global trade and re-emergence of potential supply chain would mean cost push inflation pressures New Delhi: India may see around $30 billion shaved off its total exports in the current fiscal...
Automobile retail sales rise 11% annually in 2023: FADA
The overall domestic automobile retail sales stood at 2,38,67,990 units in the 2023 calendar year as compared to 2,14,92,324 units in 2022 New Delhi: Aided by robust demand, automobile retail sales in India rose by 11 per cent last year as compared to 2022, dealers'...
Mukesh Ambani owns same Boeing jet that was in Alaska Air accident
Reliance has several other jets in its corporate fleet, including two Embraer SA ERJ 145 aircraft and one Airbus SE A319. It also has two helicopters, a Dauphin and a Sikorsky, in its company hangar, according to media reports. India’s Directorate General of Civil...
Japan earthquake casts cloud over push to restart nuclear plants
Nuclear power plants dot the coast of mountainous Japan, which is prone to earthquakes and tsunamis due to its location on the seismically active “Ring of Fire” around the Pacific Ocean The powerful earthquake that hit Japan’s western coast on New Year’s Day has...
Driverless truck companies in US plan to ditch human copilots in 2024
After years of testing, Aurora Innovation Inc., Kodiak Robotics Inc. and Gatik AI Inc. expect to remove safety drivers from trucks that are being guided by software and an array of sensors including cameras, radar and lidar, which sends pulses of light that bounces...
5 Predictions for the insurance industry in 2024
Kenneth SaldanhaSenior Managing Director – Global Insurance Lead, Accenture In 2024, we will see excitement about the possibilities of GenAI give way to growing demand for material economic impact from AI/GenAI solutions As we look ahead to 2024, while we see many...
Japan earthquake deaths top 100, insurance losses manageable
Catastrophe modeling firm Karen Clark & Co. said, total insured losses from the quake will reach $6.4 billion, with residential losses accounting for over two-thirds of the total Chanyoung Lee, director, analytics, AM Best, said "While the earthquake losses would...
Red Sea crisis may push shipping cost by up to 60 pc, insurance premiums by 20 pc: GTRI
The Houthi conflict's disruption of the Red Sea shipping lanes significantly impacts Indian trade, especially with the Middle East, Africa, and Europe, the Global Trade Research Initiative (GTRI) said New Delhi: The increasing Red Sea crisis may impact trade as it is...
Alaska Airlines flight makes emergency landing after midair blowout of window
Hours after the terrifying incident, Alaska Airlines announced that it would ground its entire fleet of 65 Max 9s for inspections and maintenance. CEO Ben Minicucci said Alaska expects the inspections to be completed “in the next few days.” India’s aviation watchdog...
774 fresh Covid cases in India,active cases stands at 4,187
Two deaths -- one each from Tamil Nadu and Gujarat -- were reported in a span of 24 hours, according to the ministry's data updated at 8 am. New Delhi: India has recorded a single-day rise of 774 COVID-19 cases while the number of active cases stands at 4,187, the...