As automakers and government officials discuss the proposals, the...
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India’s auto sector to show weak retail trend in June, flat to single digit growth: Report
While May and June 2025 volumes saw some support from pre-buying...
(Re)Insurers capital unaffected by aircraft lessor settlement claims, says Fitch
However, ongoing geopolitical uncertainty, including the...
Climate change threatening tea sector globally: ITA
An ITA spokesman said climate change is also threatening the long-term viability of tea industry, which is also causing increasing pest infestations making pesticide residue management surfacing as a major challenge. Kolkata: Leading planters body Indian Tea...
For every Rs 100 of premium paid for crop insurance under PMFBY; farmers received Rs 514 as claims: Govt
Narendra Singh Tomar,Union Agriculture minister ''Since 2016, nearly Rs 25,252 crore were paid by farmers as their share of premium against which claims of over Rs 1,30,015 crore (provisional) have been paid to them. Thus, for every Rs 100 of premium paid by farmers,...
Lloyd’s swings to a pre-tax loss in 2022,underwriting profit jumps 53% to 2.6 billion pounds
John Neal, CEO of Lloyd’s, forecast 2023 premiums of 56 billion pounds, up from 46.7 billion in 2022, according to a statement Rising interest rates have hit investments at many financial firms, and it posted a net investment loss of 3.1 billion pounds, compared with...
Maha police book 10 from ICICI General for duping farmers of nearly Rs 4 crore under Centre’s scheme
The FIR says that the company staffers prepared false panchnama reports (survey forms), forged signatures of agriculture department officials to under-report the crop losses incurred due to unseasonal rains and other natural reasons, and prima facie cheated farmers to...
PM Modi holds high-level review meeting on Covid, influenza situation, stresses on Covid-appropriate behaviour
Prime Minister Narendra Modi Modi directed officials to enhance whole genome sequencing of positive samples with the designated INSACOG genome sequencing laboratories. This will support tracking of newer variants, if any, and timely response, the PMO said. New Delhi:...
Aon and Lifeguard to boost emerging risk insights through science crowdsourcing platform
The collaboration with Aon will augment existing insurance industry emerging risks research and provide insights into areas where insurers lack the resources to gain a thorough understanding of their exposures CHICAGO: Aon plc, a leading re/insurance broker , today...
Gigs, scams, ghost work: India tech sector’s dark side
In his job, Saurav - who asked to go by one name to protect his identity - called people in the United States, enticed them to sign up for loans and insurance policies, then told them they needed to improve their credit score by paying $50-$100. Only, he did not work...
Right to Health Bill: Standoff continues between private doctors and Rajasthan govt
For logistical grievances, the state health authority will have 10 functions, including ensuring quality and cost-effective health and diagnostic services by the health sector and hearing all appeals against decisions of the district health authority related to...
IPCC report a call to action for all, especially countries like India: Co-authors
As per the report's indicators, India, with a large coastline and millions of people surviving on the revenue they earn from fisheries, has many things to worry about. With the rise in seawater level, which the report documented as 3.7 mm per year between 2006 and...
Global insured losses from natural catastrophes break through USD 100 billion threshold again in 2022: Swiss Re
This reaffirms the trend of a 5–7% average annual increase in insured losses over the past three decades, reveals Swiss Re’s latest sigma report "The magnitude of losses in 2022 is not a story of exceptional natural hazards, but rather a picture of growing property...