The Shanghai Northern Europe container freight rates have risen by...
Category:
Non-Life
Latest
“Actors falling ill, sets collapsing…”: Subhash Ghai on what made him introduce insurance policy in Bollywood
Subhash Ghai "They(bank) provided banking facilities on our name...
Exports from Kolkata port may be hit due to soaring freight rate rice ban geopolitical turmoil
"Freight costs have soared to USD 400-500 per 20ft container and...
Freeport does a balancing act as world’s biggest gold mine grapples with COVID-19
“We’ve put the priority and the health of our workers and community at the top of our list,” Freeport McMoRan Chief Executive Richard Adkerson told Reuters. “From the outset, we recognized that (Grasberg) was a particularly vulnerable place due to the size of the workforce” of nearly 30,000 people.
Major ports’ cargo traffic falls for 6th straight month; logs 14% drop
India has 12 major ports under the control of the central government — Deendayal (erstwhile Kandla), Mumbai, JNPT, Mormugao, New Mangalore, Cochin, Chennai, Kamarajar (earlier Ennore), V O Chidambarnar, Visakhapatnam, Paradip and Kolkata (including Haldia).
COVID-19 cases in India cross 70-lakh mark,fatality rate at 1.54 per cent
The health ministry stressed that more than 70 per cent of the deaths occurred due to comorbidities.
The national recovery rate stands at 86.17 per cent.
The COVID-19 caseload mounted to 70,53,806 with 74,383 infections being reported in a day, while the death toll climbed to 1,08,334 with 918 people succumbing to the disease in a span of 24 hours, the data updated at 8 am showed.
According to the ICMR, a cumulative total of 8,68,77,242 samples have been tested up to October 10 with 10,78,544 samples being tested on Saturday.
Delhi govt exempts road tax on battery-operated vehicles under its EV policy
Delhi government will provide financial assistance to those buying electric vehicles under Electric Vehicle Policy. Financial assistance of ₹30,000 will be given on the purchase of 2-wheelers, ₹1.5 lakh on cars and ₹30,000 on auto-rickshaws and e-rickshaws.
In August, Kejriwal announced that the Delhi government has notified the electric vehicle policy.
PM Modi launches property-card scheme to aid rural households
The government plans to use drone technology to map land parcels in rural areas and cover some 620,000 villages over the next four years, Modi said.
“Despite owning houses, people were facing multiple problems while borrowing from banks. These people can now borrow very easily from banks after showing property cards issued under ownership scheme,” Prime Minister Narendra Modi said.
The worst for aviation industry is probably ahead of it, rather than behind
Airlines burned through $51 billion in the June quarter and will eat a further $77 billion in cash in the six months through December, according to analysis this week by the International Air Transport Association. That makes up roughly 80 per cent of the $162 billion of bailout money they’ve already received, and airlines won’t return to pre-Covid traffic levels until 2024. During 2021, they’ll still be going through $5 billion to $6 billion of cash a month, according to IATA.
Lloyd’s launches new report on cities at risk from global threats
London: Lloyd’s, the world’s leading specialist insurance and reinsurance market, today announced a new report: Cities at risk – Building a resilient future for the world’s urban centres, published in association with Urban Foresight and...
London company market premium grows by 10 % to £27.633bn in 2019
In 2020, for the first time, the London Company Market Statistics Report identifies three new lines of business: political risk (£0.261bn), trade credit (£0.243bn) and standalone cyber (£0.253bn). Property remains the largest class of business (£5.365bn) followed by liability (£3.575bn).
M&M offers free coronavirus insurance plan for Bolero pick-up range
The Free Corona Insurance is a floater health insurance cover for up to Rs 1 lakh that will cover the customer, his/her spouse and up to two of the customer’s children and will remain valid for a period of 9.5 months from the date of purchase of the new vehicle, Mahindra and Mahindra (M&M) said.
U.S. forecaster sees 85% chance of La Niña through winter
La Niña is characterized by unusually cold temperatures in the equatorial Pacific Ocean and linked with floods and drought.