Ramaswamy Narayanan, CMD, GIC Re Ramaswamy Narayanan, GIC Re...
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FSIB panel headed by BS Sharma gets one year extension
For insurance sector appointment, Usha Sangwan, former Managing...
Generali announces Central Bank as its new joint venture partner in 2 Indian insurance JVs
Generali will be holding a 74% stake while Central Bank of India...
Shortness of breath, fatigue, mental health issues observed in Covid patients one year after discharge:Indian Govt
According to ICMR, of the participants of the National Clinical Registry of COVID-19 who were followed for one year, it was observed that dyspnea, fatigue, and mental health issues were reported among 18.6 per cent, 10.5 per cent and 9.3 per cent of the 8,042...
Not much impact of untimely rains on wheat, other crops, states assessing damage: Tomar
The state governments can use the State Disaster Relief Fund (SDRF) for providing immediate relief to farmers after conducting the crop survey. The central government can provide more funds from the National Disaster Relief Fund after the submission of a memorandum,...
Just 24 pc of companies surveyed in India ready to defend cybersecurity threats: Cisco study
''Cybersecurity is a top priority for businesses as they continue their digitisation journey. With hybrid work becoming mainstay and services being application-driven, it is critical that organisations close the security readiness gap,'' Samir Mishra, Director,...
India will have more than 140 mn air passengers in FY 2024: Jyotiraditya Scindia
The disposable income of middle and high-income households is rising much faster than the national average. India is going to have one of the largest young populations in the World, which usually has a greater propensity to travel," he added "India will have more than...
Chile partners with WB insurance program, gets $630 million worth of earthquake damage protection
“This insurance will allow Chile to receive pre-established compensation payments for up to the maximum coverage, in the event of certain high intensity parameterized seismic events that cause material damage to the country and public finances,” the ministry said. “If...
Scratched EV battery? Your insurer may have to scrap the entire car
Battery packs can cost tens of thousands of dollars and account for up to 50% of an electric vehicle’s price, often making them uneconomical to replace. “We’re buying electric cars for sustainability reasons,” said Matthew Avery, research director at Thatcham...
Adani group suspends work on ₹ 34,900 cr petrochemical project in Gujarat
Gautam Adani, chairman, Adani Group The group has shot off mails to vendors and suppliers to "suspend all activities" on immediate basis. the group has asked them to “suspend all activities of the scope of work and performance of all obligations” for Mundra Petrochem...
Sebi takes stricter approach in IPO clearance; returns draft paper of 6 cos including Digit
''After the IPO fiasco following the listing of new age digital companies like PB Fintech , (the company behind the digital brand Policybazaar),Paytm, Zomato and Nykaa in which investors lost heavily, Sebi has tightened the approval norms for IPOs. This is welcome and...
Strong earthquake of 6.8 magnitude kills at least 13 in Ecuador, 1 in Peru
The U.S. Geological Survey reported an earthquake with a magnitude of about 6.8 that was centred just off the Pacific Coast, about 50 miles (80 kilometres) south of Guayaquil, Ecuador's second-largest city. One of the victims died in Peru, while 13 others died in...
Small oil tankers emerge to help Russia beat sanctions
The cost to use fuel tankers has skyrocketed since the EU ban, as ships enter the dark fleet and become unavailable — and uninsured by European maritime service providers — for regular trade routes, such as moving gasoline from Europe to New York. First, a small...