Some of the names where the government will like to disinvest...
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China’s EV boom saddles its auto insurers with large losses
Despite EV drivers paying anywhere from 20% higher to double the...
Airport chaos highlights rise in high-profile ransomware attacks: cyber experts
The European Union's cybersecurity agency ENISA confirmed on Monday...
London is falling down and it’s because of climate change
That phenomenon — known as subsidence — has become worse in the UK after last year’s drought and a deadly heat wave that pushed temperatures past 40C (104F) in July 2022 to record levels The damage has triggered the highest insurance payout in almost two decades, with...
Allianz ropes in AIG’s Christian Sandric as commercial managing director Asia
Christian Sandric In Asia, Allianz is targeting significant growth opportunities across the full Commercial segment which entails mid-sized companies, large multinational corporations and specialty business leveraging its extensive geographical network, enhanced...
India to be the 6th largest insurance market by 2032, life market more promising than non-life: Swiss Re report
With $131 billion of total premium in 2022, currently, India is the 10th largest market in the world where US, China and UK are the top three largest markets India's life insurance premium market, with a premium of $100 billion, that has grown by 8.2 per cent in 2022...
Rain fury: Situation grim in Punjab’s Patiala, Rajpura thermal power plant shut down
Floodwaters entered the premises of the Rajpura Thermal Power Plant here, leading to the shutdown of one of its 700 MW units, they said Patiala: Punjab's Patiala district was reeling under a flood-like situation following heavy monsoon rainfall, with authorities...
Flood warning in Delhi after Haryana discharges over 1 lakh cusecs of water into Yamuna
Northwest India has seen incessant rainfall over the last two days, with many areas in Uttarakhand, Himachal Pradesh, Haryana, Uttar Pradesh and Rajasthan recording ''heavy to very heavy'' precipitation This has resulted in overflowing rivers, creeks and drains that...
World sees hottest June on record, North Atlantic ocean heats up
The rapidly warming planet has led to unusual spikes in air and sea temperatures that can wreak havoc on global weather, food supply chains and economies. The first El Niño in almost four years is also developing The area covered by sea ice in Antarctica reached its...
Govt to spend Rs 64,000 cr to set up critical care units in country’s every district: Mandaviya
The aim is to invest an average Rs 100 crore in each of the 750 districts in the next four years under the National Health Infrastructure Mission, Union Health Minister Mansukh Mandaviya said Raipur: Union Health Minister Mansukh Mandaviya on Thursday said the...
Britain to tap pensions for infrastructure as Thames Water toils
Britain's financial services were largely cut off from the EU due to Brexit, with Amsterdam overtaking London as the region's biggest share trading centre. UK chip designer ARM's decision to list in New York and not London has also piled pressure on Britain to bolster...
Jagan Mohan Reddy releases Rs 1,117 crore for crop insurance claim payments
YS Jagan Mohan Reddy, Chief Minister,Andhra Pradesh So far, 54, 48,000 farmers got free insurance of Rs. 7802crores in the last four years while only Rs 3,411 crore was paid to 35, 80,000 farmers in the 5 years of drought-hit TDP rule, said the Chief Minister...
Siemens energy’s turbine troubles rattle wind sector
Siemens Energy shocked the wind sector in late June when it warned of faulty components and possible design faults in its onshore wind turbines Last year, the four biggest Western wind turbine makers – Vestas, GE, Siemens Energy’s Siemens Gamesa and Nordex made...