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AAIB plans granular analysis of data related to incidents involving aircraft in Indian airspace
Coming under the civil aviation ministry, AAIB is responsible for...
AB PM-JAY reduces India’s out-of-pocket medical expenses from 62 per cent to 38 per cent: JP Nadda
J.P. Nadda,Union Health Minister Over 8.19 crore people across...
New Covid Omicron sub-variant found in India: WHO
Tedros Adhanom Ghebreyesus said. Ghebreyesus,World Health Organisation Director-General WHO Chief Scientist Soumya Swaminathan said that there has been an emergence of a sub-variant that is being called the BA.2.75 "First reported from India and then from about 10...
General insurance industry’s premium rise by 23% to Rs 54,492 crore in Q1Fy 20222-23
The four PSU multiline general insurers -New India Assurance, Oriental Insurance Company, United India Insurance, National Insurance Company- have further lost around four per cent of their market share to private sector competitors in Apr-June period. Mumbai:...
Universal Sompo General Insurance launches retail health plan
As part of its efforts to focus on retail health products, Universal Sompo General Insurance has launched Complete Health Insurance plan with added features for retail consumers. The product is a comprehensive health insurance cover that includes a slew of new...
Around 30 flight incidents occur per day in India, majority have no safety implications: DGCA chief
Arun Kumar, chief of aviation regulator DGCA In a statement on Wednesday, Arun Kumar, chief of aviation regulator DGCA said: ''On an average, about 30 incidents do take place, which includes go around, missed approaches, diversion, medical emergencies, weather issues,...
Vistara aircraft engine fails after landing at Delhi, passengers safe
In a statement, a Vistara spokesperson said: “After landing in Delhi, while taxing to the parking bay, IDG on our flight UK122 (BKK-DEL) had a minor electrical malfunction on 05 July, 2022. Keeping passenger safety and comfort in mind the crew elected to tow the...
IRDAI allows `Floater’, `Pay as You Drive’ and `Pay How You Drive’ in motor OD policies
The concept of Motor Insurance is constantly evolving. The advent of technology has created a relentless pace for the insurance fraternity to rise up to interesting yet challenging demands of the millennials. The general insurance sector needs to keep pace with and...
Many non-Russian shipowners still transport Russian crude, reap big rewards
Shippers can earn around $1.6 million hauling Russian ESPO oil on a small tanker from the eastern port of Kozmino to China, said shipbrokers. That’s around triple the amount prior to the invasion of Ukraine, based on data compiled by Bloomberg. The lucrative trade has...
Govt rejects demands by industry bodies seeking zero-rating GST on healthcare services
Tarun Bajaj,Revenue secretary Responding to the representations of the industry, revenue secretary Tarun Bajaj also rejected the demand for zero-rating for healthcare industry saying such ''carve-outs'' may generate similar demands from other sectors, like education,...
Mumbai-bound SpiceJet Q400’s windshield outerpane cracks mid-air
Officials said the Kandla-Mumbai flight of SpiceJet was at 23,000 feet altitude when the windshield's outer pane cracked This is at least the seventh incident of technical malfunction happening on SpiceJet aircraft in the last 17 days Earlier in the day, SpiceJet's...
SBI General Insurance launches comprehensive cyber insurance cover for individuals
Anand Pejawar, Deputy managing director, SBI General Insurance SBI General Cyber VaultEdge covers unauthorised e-transactions, loss of wages resulting from identity theft and instances impacting online reputation including social media trolling, bullying, and...