Maruti Suzuki India sold a total of 181,531 units, including...
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ACKO’s 2024 Accident Index:78% of all road accidents in India occur in metro cities
Most Accident-Prone Cars Hyundai i10 topped the list as the car...
Insurance (Amendment) Act, 2024: Govt has no composite plans for LIC and PSU general insurance companies
To enable PSU insurers to avail composite licenses, the government...
India-led International Solar Alliance signs UN pact at COP26 in Glasgow
The agreement will also lend support to developing country stakeholders, including Small Island Nations (SIDs) and Least Developed Countries (LDCs), in accelerating the adoption of policy options and approaches for decarbonisation technologies. London:The India-led...
Covaxin safe, shows 77.8 per cent efficacy against symptomatic COVID-19: Lancet study
Covaxin, an inactivated whole virus vaccine developed by Hyderabad-based Bharat Biotech, recently received emergency use approval from the World Health Organization (WHO) for people aged 18 and above. Two doses of Covaxin, India's indigenous COVID-19 vaccine, offer...
Hannover Re sells its stake in HDI Global Specialty to HDI Global
The reinsurance market continues to see improved prices and conditions. By selling our stake we are freeing up capital for profitable growth in our core business," said Jean-Jacques Henchoz, Chief Executive Officer of Hannover Re. "Under our cooperation agreement we...
Passenger vehicle wholesales down by 27% in October amid chip shortage
"Manufacturers were banking on the festive season to recover from the severe drop in sales they have faced in the early part of the financial year 2021-22. However, shortage of semiconductors and steep hike in raw material cost have been a major spoilsport for the...
Boeing may win order for up to 80 737 Max jets from India’s Akasa
Any transaction would allow Boeing to establish itself firmly in a market dominated by Airbus aircraft. Market leader IndiGo is the world’s largest customer for the European planemaker’s best-selling jets with orders for more than 700 planes, while the Indian...
Showers, flooding toss Chennai; 14 killed in rain battered TN
The state government said 14 people were killed so far in rain-related incidents in Tamil Nadu. Chief Minister M K Stalin held discussions with Ministers chaired a meeting of top state officials led by Chief Secretary V Irai Anbu to review the rain situation. The CM...
Risky business: Climate change turns up the heat on insurers, policyholders
Given the momentum, it is no surprise that traditional models cannot keep up, Bruce Carnegie-Brown, chairman of insurance market Lloyd's of London told Reuters. "If you’ve reached an exponential part of the curve where suddenly, something’s accelerating, it’s almost...
Depression to cross coast between TN and AP around Chennai this evening, says IMD
"It is very likely to continue to move west-northwestwards and cross north Tamil Nadu & adjoining south Andhra Pradesh coasts around Chennai by the evening of today," it added. As a result, Deputy Director General of Meteorology, S Balachandran said said, Chennai...
Flooding: more likely, more extreme and more unpredictable
-Unprecedented weather patterns are challenging the flood risk landscape, which was previously well defined by government and historic records-Many flood damages occur outside of mapped river floodplains, and companies outside larger hazard zones can still be affected...
U.S. auto safety regulator awards over $24 mln to Hyundai Motor whistleblower
The payout to Kim is the first under the U.S.Motor Vehicle Safety Whistleblower Act, passed by Congress in 2015 to create a whistleblower reward program in the Department of Transportation for industry insiders who provide information to safety regulator The U.S. auto...