Spain’s main business lobby CEOE estimated the outage would shave...
Category:
Non-Life
Latest
FSIB to select a new CMD for OIC on Friday
Government appoints Amit Misra as acting CMD of OIC for three...
PSU general insurance industry Unions reject govt’s 12% wage hike proposal
Unions want a 17 per cent hike to be on par with the Life Insurance...
Global cost of cybercrime may reach $10.5 trillion by 2025: Interpol
Jurgen Stock,Secretary General,Interpol Interpol Secretary General Jurgen Stock said Interpol had developed its global stop-payment mechanism, the Anti-Money Laundering Rapid Response Protocol, which in the past 10 months alone had helped members recover more than $60...
Fight against inflation will be dogged prolonged RBI article
With inflation remaining above the 6 per cent level, RBI, now, will have to give a report to the central government giving reasons for failure to contain inflation at 4 per cent with a bias of 2 per cent on either side Mumbai: The fight against inflation will be...
AXIS Capital refuses to underwrite energy, mining and other projects without backing of local indigenous communities
Non-governmental organization Rainforest Action Network (RAN) told Reuters that AXIS was the first North American insurer to adopt such a policy, and believed it set a fresh standard for best practice Two insurers in Europe – Swiss Re and Allianz – mention FPIC in...
DGCA asks SpiceJet to get engine oil samples of entire Q400 fleet examined
DGCA had initiated the probe after a SpiceJet flight made an emergency landing at Hyderabad airport after smoke was detected in the cabin on October 12. New Delhi: Following a recent incident of smoke in a SpiceJet plane cabin, the aviation regulator DGCA has directed...
Plastic Pollution: Litigation could cost the industry and its insurers $20 billion in US over next 8 yrs, says Report
More than 300 million tons of plastic are produced every year and at least 14 million tons ends up in the ocean where it is ingested by animals and can enter the human food chain, according to the International Union for Conservation of Nature Like climate...
Health Ministry not to procure fresh Covid vaccines; surrenders Rs 4,237 crore from vaccination budget
Since the Covid cases have been low, a sense of complacency has grown among people and there has not been much demand of vaccines even though the government conducted a 75-day drive -- 'Covid Vaccination Amrit Mahotsava' -- to administer booster doses to all adults...
PM to kickstart distribution of PMJAY-MA Yojana Ayushman cards in Gujarat
Prime Minister will kickstart the distribution of these cards, after which printed 50 lakh coloured Ayushman cards will be distributed to all the beneficiaries across Gujarat, at their doorstep, by National Health Authority empanelled agencies after doing e-KYC of...
Drones-manufacturer Garuda Aerospace signs MOU with NDRF
Garuda Aerospace, in a statement here, said the company has become the first start-up to be enlisted as a 'drone-as-a-service' partner for the NDRF Chennai-based drone-maker would deploy the quadcopter named 'Droni' for surveillance, monitoring movements and...
AM Best downgrades Peak Re’s outlooks to negative from stable
The negative outlooks reflect AM Best’s expectation that macroeconomic headwinds and current unfavourable capital and investment market conditions may exacerbate financial stress on Fosun over the short to intermediate term HONG KONG: AM Best has revised the outlooks...
Wage Revision: Govt notifies 12 % hike for PSU GI Industry, makes `Performance’ mandatory for next round
There will be a total outgo of Rs 8146 crore from all four companies for meeting wage revision expenses The unions have criticized the government for mentioning ``conditional future performance linked pay revision’’ and threatened agitational path in case of...