The 270-metre-long vessel, with a draught of 12.5 metres, had left...
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Strengthening early warning systems and coordination crucial for disaster resilience: PM Modi
Narendra Modi, Prime Minister Prime Minister Modi underscored that...
Electric passenger vehicle sales cross 4% first time in May 2025: FADA
The increasing retail sales data marks a significant shift in...
Andhra Pradesh rejoins crop insurance scheme PMFBY from this kharif season
Union Agriculture Minister Narendra Singh Tomar said with this important decision, crops of more than 40 lakh farmers of the state will get insurance cover in case of natural calamity New Delhi: Andhra Pradesh has decided to rejoin the Pradhan Mantri Fasal Bima Yojana...
SpiceJet’s Dubai-Madurai flight delayed after aircraft’s nose wheel malfunctioned
This is reportedly the ninth technical malfunction in a SpiceJet aircraft in the last 24 days. This comes after, DGCA on Wednesday (July 6) issued a show-cause notice to SpiceJet after eight technical malfunctions in its aircrafts since June 19. The aviation...
Chainproof launches as the World’s first regulated smart contract insurance provider
By combining forces with SOMPO and Munich Re, global leaders in (re)insurance, Chainproof is positioned to become the world's leading regulated smart contract insurance provider Chainproof plans to offer licensed, institutional-grade insurance coverage for...
Bhaskar gets additional power of NIA CMD
Madhulika Bhaskar, general manager, New India Assurance `The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services for entrusting financial and administrative powers andfunctions of the post of...
Ships get older and slower as emissions rules bite
Supply chains are already strained due to a surge in demand as economies rebound from lockdowns, pandemic disruptions at ports and a lack of new ships. If older vessels move into the slow lane as well, shipping capacity could take another hit at a time when record...
CERT-In takes steps to safeguard key infrastructure from hackers throughout border
Cyber assaults on important infrastructure by nation-state dangerous actors have elevated considerably and India noticed a 70 per cent improve in ransomware exercise within the fourth quarter (This autumn) of 2021, in keeping with cybersecurity firm Trellix CERT-In...
IRDA constitutes 2 panels to sort out reinsurance issues in life and non-life insurance industry
Non-life panel headed by Bhargav Dasgupta, MD and CEO, ICICI Lombard General Insurance, to deliberate on issues like Obligatory Cession, Cession cap on cross boarder reinsurers, introduction of emerging risk transfer solutions (ART, ILS, CAT bonds etc.), and...
Delhi HC further adjourns “Singh Vs Government of India” case to Sep 8, NIA CMD appointment to get delayed
Indicating a possible scenario, industry observers say the government will now go ahead and appoint GMDs of PSU general insurers who can be selected by the FSIB and these GMDs( each company has provisions for two GMDs) can be given temporary charge of CMD of the...
8 new Insurance Ombusdmen selected
Atul Sahai, former CMD, New India Assurance has been selected for Lucknow along with Manoj K Parida, a retired IAS officer for Bhubaneswar, Bimbadhar Pradhan, ( retired IAS for Noida), C Vikash Rao (Life Insurance Corporation for Ahemedabad),Sumeet Jarath(Delhi),...
4.4 million are in “serious financial difficulties” and a further 20% are “struggling” to get by in UK
Of those in serious financial difficulty, 71% have reduced the quality of food they eat, 36% have sold or pawned possessions and 27% have canceled or not renewed insurance London: The number of UK households facing acute financial strain has risen by almost 60% since...