The 2025 Global Modeled Catastrophe Losses Report notes a $32...
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Tribunal awards Rs 33.77 lakh compensation to kin of man killed in accident
The MSRTC contested the claim, arguing that Pal was riding rashly...
UII challenges NCDRC’s order in SC on settling Rajasthan Royals’s Rs 82 lakh due to Sreesanth’s injury
UII had rejected the claims saying Sreesanth had a pre-existing...
Refusal to waive IP rights for COVID-19 vaccines violates human rights: UN Experts
Quoting the latest data from the UN World Health Organization (WHO), the Committee pointed out that while some 32 per cent of the global population have received at least one COVID-19 booster, in developing countries such as Gabon, Papua New Guinea, Burundi and...
‘PM-eBus Sewa’ scheme to be rolled out in 5-6 months: Urban affairs ministry
The scheme has two segments -- augmenting city bus services in 169 cities and green urban mobility initiatives in 181 cities The e-buses will be made available in cities with a population between three lakh and 40 lakh. The scheme will support bus operations for 10...
With COVID-19 ‘here to stay’, new tools essential to continue fight: Tedros
“COVID-19 is here to stay, and the world will continue to need tools to prevent it, test for it and treat it,” said Tedros Adhanom Ghebreyesus, WHO Director-General The World Health Organization (WHO) announced an expanded partnership to improve access to COVID-19...
Hong Kong to be hit super typhoon Saola, biggest typhoon in 3 yrs
“This can be a very destructive typhoon,” the chief secretary said Thursday, flanked by heads of various government departments. “We hope to minimize the damage.” Hong Kong was starting to feel the impact of Super Typhoon Saola as winds reached hurricane force and...
Insight: Coal miners forced to save for a rainy day by insurance snub
Dozens of insurers have announced restrictions on their cover for the coal industry, particularly for new projects, in response to pressure from shareholders, governments and environmental groups who want to limit coal’s contribution to global warming. This follows...
Global EV sales grow 50%, China market faces slowdown
“Tesla is obviously a big influence, but increasingly Hyundai Kia, Volkswagen, BMW, and Mercedes are moving the needle in premium,” said Soumen Mandal, senior analyst for automotive New Delhi: The global electric vehicle (EV) sales grew 50 per cent (year-on-year) in...
Sompo International appoints Vicky Sarjeant as Head of Energy Insurance, Asia Pacific
Sompo International, a global provider of commercial and consumer property and casualty (re)insurance, has appointed Vicky Sarjeant as Head of Energy Insurance, Asia Pacific. She will be based in Singapore, and report to Paul O’Neill, President of Commercial Lines,...
Howden makes new appointments for Asia Pacific and India
Howden has appointed of Bozidar Ljubisavljevic as executive director, Marine, based in its Singapore office. He is taking on a new role in Singapore to strengthen Howden’s value proposition for the benefit of marine and logistics clients in Asia Pacific. The broker...
NCLT reserves order on Torrent Investent’s plea against lenders on bidding
In its appeal, Torrent Investment said the matter is pending with the Supreme Court and if the tribunal approves IIHL's Rs 9,650 crore resolution plan it will become infructuous if the apex court rules against the Committee of Creditors (CoC) decision on the extended...
Mukesh Ambani in talks with head hunters for spotting Jio Insurance CEOs
Mukesh Ambani,Chairman,Reliance Industries Limited Korn Ferry and Spencer Stuart Inc. are among the firms that have held talks with representatives from the petrochemicals-to-consumer conglomerate, the people said. Jio Financial will look to hire a chief executives...