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India’s insurance sector to see slower growth due to muted auto sales and weak corporate health renewals: Report
"We expect slower industry growth largely due to a slowdown in...
EU imposes sanctions on Rosneft’s India refinery, lowers oil price cap
"For the first time, we're designating a flag registry and the...
Health minister Mandaviya urges Odisha govt to implement Ayushman Bharat insurance scheme in state
Union Health Minister Mansukh Mandaviya The minister said "50 crore families have been given health security under the Ayushman Bharat - PMJAY scheme while affordable and quality medicines are being provided by more than 9,000 Jan Aushadhi Kendras across the country"...
Hackers use AI tool to write malicious code
"Cybercriminals are finding ChatGPT attractive. In recent weeks, we're seeing evidence of hackers starting to use it to write malicious code. ChatGPT has the potential to speed up the process for hackers by giving them a good starting point," said Sergey Shykevich,...
PMO to hold high-level meeting on Joshimath crisis
The Uttarakhand government has requested the National Remote Sensing Centre (NRSC), Hyderabad and the Indian Institute of Remote Sensing (IIRS), Dehradun to conduct a study of Joshimath area through satellite images and submit a detailed report with photographs New...
InsuranceDekho receives Rs 300 crore of funding from Goldman Sachs Grp, valued at Rs 1100 crore
The sole source of income for Insurance Dekho is insurance brokerage and commission, which increased by 61% to Rs 47.91 crore in FY22 from Rs 29.71 crore in FY22. In the most recent fiscal year, the company’s losses increased by 55.6% to Rs 72.29 crore. At the group...
Dhami orders immediate evacuation of 600 families in Joshimath
All construction activities related to mega projects like the chardham all weather road and the NTPC’s hydel project have been stopped till further orders on the demand of residents. The Auli ropeway, which is Asia’s biggest, has been stopped after a huge crack...
Black Sea shipping rates rise as reinsurers cut cover
Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year, reflecting higher war risk insurance rates, industry sources said The Black Sea is crucial for the shipment of grain, oil and oil products....
Indeerjit Singh appointed as new Secy General of GI Council
Singh, who is supposed to retire in June end, will now opt for VRS to take charge of his new assignment at the GI Council at the earliest. The council will also have a new chairman shortly as Anjan Dey, CMD, Oriental Insurance Company(OIC), who is also heading the...
Total vehicle retail sales jump 15 pc to 2.11 cr units in 2022: FADA
The passenger vehicle (PV) category during this period continued to gain new grounds by clocking 34.31 lakh retails during the full year. This is by far, the highest retails which PV has done till date.'' Singhania, however, lamented that the two-wheeler segment once...
Delhi registers highest monthly electric vehicle sales in December across states
In December, Delhi registered 7,046 electric vehicles with a year-on-year growth of 86 per cent. Since the launch of the EV policy, the UT registered 93,239 electric vehicles, of which two-wheelers contribute nearly 55 per cent of the total EV sales in the year 2022....
PSU gen insurers and unions to meet on Jan 12 for sorting out differences over E&Y recommendations on restructuring
A section of employees of public sector general insurance companies had given a call to go on strike on January 4 against the proposed unilateral restructuring in the state-run insurers. The unions alleged that the proposed restructuring would weaken the public sector...