Among other issues, the meeting, the last one under chairmanship of...
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NIA unveils exclusive cover for women entrepreneurs
Girija Subramanian, CMD, New India Assurance ``Lack of awareness...
GST rates will come down further: Sitharaman
Nirmala Sitharaman, Union Finance Minister Responding to a question...
Largest public pension fund CalPERS wants Buffet’s replacement as Chairman of Berkshire Hathaway
Warren Buffett, chairman, Berkshire Hathaway Inc. CalPERS said it invests more than $450 billion, including more than $2.3 billion in Berkshire shares. Berkshire plans for Buffett’s son Howard Buffett to become non-executive chairman after his father’s departure,...
SBI General’s records a gross premium of Rs 9260 crore in FY2021-22, to post underwriting losses
PC Kandpal, MD & CEO, SBI General Insurance, said, “Despite the challenging environment continued with pandemic, we have registered significant growth in GWP especially in the health insurance segment. The strong performance underpins our health insurance...
ICICI General Q4 profit falls 10% to Rs 313 cr due to Covid claims and higher expenses
Bhargav Dasgupta, MD & CEO, ICICI Lombard General Insurance The insurer has combined ratio, one of the key measures of profitability for general insurers, of 103.20 per cent in q4 FY 2021-22,as against 101.80 per cent in year-ago period The insurer's underwriting...
Govt to take action against defaulting EV firms in e-scooter fire accidents: Gadkari
“We have constituted an expert committee to enquire into these incidents and make recommendations on remedial steps. Based on the reports, we will issue necessary orders on the defaulting companies,” the road transport and highways minister Ntin Gadkari said New...
Sikkim disaster management authority, GSI sign MoU for early warning system for rainfall, landslides
Explaining the basic objective of the initiative, Raju said that the GSI proposed to share relevant and timely data on landslides to the state disaster management authority, which would go a long way in saving lives and properties of people as and when such natural...
UK updates Highway Code to prepare for self-driving cars
"This is a major milestone in our safe introduction of self-driving vehicles, which will revolutionise the way we travel, making our future journeys greener, safer and more reliable," said Transport Minister Trudy Harrison "The technology could be available in the UK...
India to introduce AYUSH Mark for traditional medicines, AYUSH visa: PM Modi
Prime Minister Narendra Modi India will soon introduce the AYUSH mark, which will give authenticity to quality AYUSH products of the country. The mark will be given to products vetted using the latest technology. This will give confidence to people of the world that...
India’s R value increases above 1 for first time in 3 months, says researcher
“This increase in R-value is not just because of Delhi but also Haryana and Uttar Pradesh,” the mathematician, who has been tracking R for India since the beginning of the pandemic, told PTI India’s effective reproduction number (R) for Covid, an indicator of how...
Govt appoints Mandakini Balodhi as its nominee director in New India Assurance
The government has appointed Mandakini Balodhi, director, ministry of finance, as one of its nominee directors with effect from April 18, 2022. Balodhi has joined NIA in place of Vandita Kaul, additional secretary, ministry of finance. Sanjeev Kaushik, additional...
China Eastern restarts flights using Boeing 737-800 after March crash – data
On March 21, Flight MU5735, which was en route from Kunming to Guangzhou, crashed in the mountains of Guangxi and killed 123 passengers and nine crew members in mainland China’s deadliest aviation disaster in 28 years The cause of the disaster, China's deadliest plane...