“Flash floods are not new, but their frequency and intensity are...
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Evidence shows Jeju Air pilots shut off less-damaged engine before crash, source says
The source said the evidence, including the cockpit voice recorder,...
What’s in the EU’s 18th sanctions package against Russia?
Central to the package is a lower price cap on Russian oil – a move...
Landslides in Himachal Pradesh increased six times in past 2 yrs: Govt Report
High intensity rainfall coupled with cutting of hill slopes or rocks at the foothills are the main reason behind the significant number of landslides, experts say. Extensive cutting of hill slopes for construction and widening of roads, blasting for tunnels, hydro...
Govt to infuse more capital in public sector general insurers next year
Based on the performance in the FY23, the finance ministry would take a call as to how much capital they would require to meet regulatory requirement, the official said.They are not in good financial health and fund would be infused in these entities to augment their...
Centre raises concern over gradual increase in Covid positivity rate amid influenza cases
Rajesh Bhushan,Union Health Secretary "While the COVID-19 trajectory has decreased substantially in last few months, the gradual rise in COVID-19 test positivity rates in some states is a concerning issue that needs to be promptly addressed," Union Health Secretary...
Analysis: China’s financial regulatory revamp raises hope, some concern over control
The watchdog, which will oversee all aspects of China’s $57 trillion financial sector apart from the securities market, should help reduce regulatory overlap especially at the level of local government, analysts say The new regulator will replace the banking and...
Changes to the AGCS SE Board of Management to drive new integrated Allianz Commercial model
CEO Joachim Mueller comments on these Board realignments: “With these new joiners and a new allocation of responsibilities for some current Board Members, we, as a leadership team, are ready to open the next chapter in AGCS’s corporate history: the realization of the...
Climate change to cost Germany up to 900 billion euros by 2050 – study
Germany’s economy and environment ministries cited the study as showing that extreme heat, drought and floods could cost between 280 billion euros ($297.81 billion) and 900 billion euros between 2022 and 2050, depending on the extent of global warming The costs...
Recovery and risks in global entertainment industry
The glamour, revenues and audiences may all be returning post-pandemic, but the movie and live events business has yet to fully recover from the Covid crisis and is having to constantly evolve in a new environment driven by economic, technology and sustainability risk...
Gallagher Re acquires treaty reinsurance broking business of WTW India Insurance Brokers
Vinod Krishnan has been appointed to lead the Gallagher Re business in India with immediate effect It comes as an agreement to acquire the treaty reinsurance broking operations of Willis Towers Watson India Insurance Brokers Private Limited (“WTW India”) was signed,...
India faces high power cut risks after years of coal, hydropower neglect
While Indians looking to beat the heat this summer will want steady power for their air-conditioners, night time outage risks threaten industries that operate around the clock, including auto, electronics, steel bar and fertiliser manufacturing plants "If there is a...
Over 10 million older adults in India likely have dementia: AI study
''Our research was based on the first and only nationally representative aging study in India with more than 30,000 participating older adults in the country,'' said Haomiao Jin, co-author of the study and Lecturer in Health Data Sciences at the University of Surrey,...