Air India had renewed its mega $20 billion insurance policy with...
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With India push, global commercial aircraft fleet size to double to almost 50,000 planes over the next 20 years
The global in-service fleet will swell by 24,480 units to 49,210...
Missiles, drones and proliferating conflict zones increasing burden on airline operations and profitability
Airlines are racking up costs and losing market share from canceled...
India witnessed 36.29 lakh cyber security incidents since 2019 till Jun this year: Govt
The government is operating an automated cyber threat exchange platform for proactively collecting, analyzing, and sharing tailored alerts with organizations across sectors for proactive threat mitigation actions by them, Union minister Ajay Kumar Mishra said New...
Jan Aushadhi Kendras helped citizens save Rs 5,300 cr in FY22: Govt
As of June 30, 2022, about 8,742 Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs) have been opened across the country under the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) New Delhi: Sales of Jan Aushadhi Kendras stood at Rs 893.56 crore in the last...
ICICI Gen’s net profit jumps 80% to Rs 349 crore in Q1FY2023
It had a combined ratio of 104.1 per cent in Q1 FY2023 as against 123.5 per cent in Q1 FY2022 Its underwriting losses have fallen by almost 70 percent y-o-y to Rs 193 crore during the period Mumbai: With a major drop in its underwriting losses, ICICI Lombard General...
Record 40°C UK temperatures linked to climate change: WMO
The heatwave is also acting as a lid, trapping atmospheric pollutants, including particulate matter, resulting in a degradation of air quality and adverse health effects, particularly to vulnerable people, explained Lorenzo Labrador, Scientific Officer at WMO’s Global...
Rising seas are the next crisis for the world’s ports
In the coming years, sea level rise, more intense storm surge and jack-up tropical storms will visit many of the world’s nearly 3,800 ports. Most of those ports are coastal; About a third are located in tropical bands vulnerable to the most powerful effects of climate...
DGCA’s spot checks detect insufficient staff certifying planes
Before each departure, an aircraft is checked and certified by an aircraft maintenance engineer (AME). The DGCA has now issued guidelines for airlines on the deployment of AME personnel and directed them to comply by July 28. "It is also seen that airlines are...
Foreign insurers in Malaysia given 2023 cutoff to reduce stakes in their local ventures
AIA Group Ltd., Prudential Plc, Tokio Marine Holdings Inc. and Zurich Insurance Group AG are among the international insurers with ventures in the Southeast Asian nation Overseas insurance companies were allowed to hold a maximum 70% in local firms, but it was mostly...
Rajasthan gets AI-powered tool for fast disposal of cases at Lok Adalat
According to the statement, the platform helps one perform end-to-end dispute resolution with easy drafting and filing of applications, one-click generation of e-notices, smart templates to draft settlement agreements, digital hearings powered by tailor-made video...
SpiceJet faces frequent mid-air malfunctions and financial woes
That notice from the regulator, DGCA, said SpiceJet has failed to establish “safe, efficient and reliable air services,” and a number of its aircraft returned to their origin or continued their journey with “degraded safety margins,” according to the missive, a copy...
Average farm income soars 1.3-1.7 times in FY22 from FY18: SBI Research
For certain crops in some states (like soybean in Maharashtra and cotton in Karnataka) farmers' income more than doubled in FY22 from FY18 levels, while in all other cases it rose in the range of 1.3-1.7 times The increase in the income of farmers engaged in cash...