"FY'26 has been a watershed year for India's electric mobility...
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SC warns insurers on not taking legal action on fraud claim cases
The SC Bench comprising Justices Ahsanuddin Amanullah and R....
Strait of Hormuz:Trump risks confidence in U.S. role as guardian of global shipping
“The free flow of commerce through the strait is a larger principle...
Nearly 20 pc cashless treatment requests of road accident victims rejected since March 2024
Union Minister of Road Transport and Highways Nitin Gadkari Under the Cashless Treatment of Road Accident Victims Scheme, 2025, the victims are entitled to cashless treatment up to Rs 1.5 lakh per victim per accident for a maximum period of 7 days from the date of the...
War insurance costs spike for ship owners as Black Sea threats grow, sources say
War insurance costs for some port calls have been quoted between 0.6% and 1% of the value of a ship in the past day by some underwriters, up from 0.4-0.6% last week. Rates of 1% would be the highest since late 2023, though still below peaks of 2% for the Red Sea at...
IndiGo cancels over 550 flights on Thursday
There were at least 118 flight cancellations at the Mumbai airport, 100 at Bangalore, 75 at Hyderabad, 35 at Kolkata, 26 at Chennai, and 11 at Goa. Flight cancellations were reported at other airports also Mumbai/New Delhi: The country's largest airline IndiGo on...
Govt incorporating suggestions at final stages of Atomic Energy Bill : Jitender Singh
Union Minister Singh also reiterated that as announced in the Budget 2025 announcement, the Government has announced that active private sector participation will be facilitated by undertaking amendments to Civil Liability for Nuclear Damage (CLND) Act 2010 and the...
AIC receives Geospatial Excellence Award
`At AIC of India, our commitment has always been to safeguard the livelihoods of India’s farmers. Today, we are taking this commitment a step further with Tech-Driven Precision Insurance, integrating satellite intelligence, remote sensing, and digital field monitoring...
Berkley Insurance Asia launches operations in India’s GIFT City
“India has long been an important market for Berkley Insurance Asia and establishing operations here is a natural progression of our journey. We have been underwriting Indian risks from Singapore for many years. The time is now right to be closer to decision-makers,...
Common people suffer from exploitation of insurance firms, private hospitals: Raghav Chadha in Parliament
Sometimes cashless treatment is denied, sometimes claims are rejected, and sometimes a patient has to chase the insurance company for months for reimbursement. This is exploitation,"Aam Aadmi Party's Rajya Sabha MP Raghav Chadha said in Parliament New Delhi: Common...
Thailand floods “paralyzed” flow of high tech components and car parts to neighboring Malaysia
The floods are the worst on record for southern Thailand, with the government estimating the damage at around 500 billion baht ($15.6 billion). Thailand said floods that have devastated much of the country’s south have “paralyzed” the flow of high tech components and...
FSIB selects NIC’s Sivasankar to become NIA’s ED
The head hunting institution of the government interfaced with three candidates, Chandra Iyer, GM , NIA, V. Balkrishna, GM, GIC Re and Sivasankar, on Wednesday for selecting a new ED for NIA New Delhi:The Financial Services Institutions Bureau(FSIB) has chosen S...
Social security coverage rises to 64% from 19% in 2014: Mansukh Mandaviya
Labour and Employment Minister Mansukh Mandaviya noted that 94 crore people in the country are currently covered under accident, health and pension benefits, placing India just behind China, which covers 107 crore people New Delhi: India has expanded social security...