Addressing a press conference, Chief Minister Rekha Gupta said that...
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Venezuela faces $6.7 billion in economic losses from earthquakes:UNDP
Direct physical damage is estimated at $6.7 billion (range of $4.7...
Iran and US step up attacks and threaten to escalate
Iran's foreign minister, Abbas Araqchi, said responsibility for...
Autonomous Services:Uber Technologies and Lyft Inc. each teaming up with Baidu Inc. to trial driverless taxis in UK
Global robotaxi rollouts are accelerating, with Chinese companies such as Baidu and Weride Inc., and Alphabet Inc.’s Waymo leading the charge. Uber and Weride have launched driverless operations in Abu Dhabi, with plans to expand in the Middle East. Baidu is...
A year on, Jeju Air crash report delayed as families question probe’s credibility
“It feels like all kinds of doubts are just growing bigger and bigger. In the meantime, a year has gone by, and it feels like the frustration is only continuing to build,” said Ryu Kum-Ji, a 42-year-old woman who lost both of her parents in the crash. A South Korean...
JSW MG Motor India announces an industry-first extended assured buy back program for its EVs
“With our industry-first MG Value Promise Program (Assured Buyback), facilitated by Lockton India Insurance Broking and Advisory in partnership with Zuno General Insurance, we now offer an assured resale value where a customer has option to choose the tenure from 3 to...
Jan1 Renewals:Market softens as reinsurers grow capital following strong returns, GC Report
Dean Klisura, President and CEO, Guy Carpenter Reinsurer return on equity is estimated to be 17%, with dedicated reinsurance capital growing another 9% in 2025, said the report.Insured catastrophe losses are estimated to be $121 billion in 2025, 18% below the...
Jan 1 Renewals: Asia Pacific rate reductions approaching 20% for non-loss impacted accounts, says Aon
Alfonso Valera, International CEO for Reinsurance Solutions at Aon, said: “Buyers returning to the market will find a wide range of complementary reinsurance and capital products. Frequency covers and earnings protection are increasingly available. We are seeing...
Indian Healthcare-2025:Robust growth in AB-PMJAY and digital delivery, AI next frontier
The health ministry's initiative, launch in October last year, to expand the scope of the scheme by providing free treatment benefits of up to Rs 5 lakh per year to all senior citizens aged 70 years and above, irrespective of their socio-economic status, through...
Indian Insurance Broking Industry-2026:Future trends and challenges
The old ways of doing business are no longer enough. Brokers are dealing with tighter regulation, rising costs, higher client expectations, and a risk landscape that keeps getting more complex. These pressures are forcing a rethink, not just of tools and processes,...
Country’s 70% provided with free medical treatment up to Rs 15 lakh: Amit Shah
Amit Shah, Home Minister Amit Shah, Home Minister, said the Indian Medical Association's focus must shift from illness to wellness as the core concept. Along with medicines, greater emphasis should be placed on providing advice and guidance for a healthy lifestyle....
Civil aviation ministry’s 24×7 control room seeks to address passengers’ issues promptly
The complaints vary from flight cancellations to lost baggage to even meal not being served onboard. New Delhi: To address air travellers' grievances more promptly, the civil aviation ministry has set up the Passenger Assistance Control Room (PACR) that functions...
Govt notifies guidelines of 2 shipbuilding initiatives with Rs 44 700 cr outlay
The scheme also includes a Credit Risk Coverage Framework, offering government-backed insurance for pre-shipment, post-shipment and vendor-default risks to improve project bankability and financial resilience New Delhi: The Ministry of Ports, Shipping and Waterways...