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Rajasthan govt committed to ensuring minimum loss, maximum relief for people during disasters: Gehlot
Department of Agriculture and Horticulture Secretary Prithviraj...
Refusal to waive IP rights for COVID-19 vaccines violates human rights: UN Experts
Quoting the latest data from the UN World Health Organization...
Rainfall deficiency hits 43%; Monsoon progress likely in next 2-3 days: IMD
By now, monsoon should have reached the central India, including parts of Madhya Pradesh, Rajasthan, eastern Uttar Pradesh and Gujarat, but it is yet to reach Maharashtra.
Ship insurance costs soar after Middle East tanker attacks
Oil tanker insurance costs to jump after Gulf attacks
The Joint War Committee, a group that advises insurers, designated the entire Persian Gulf and waters just outside it a so-called Listed Area after the incidents a month ago. The classification gives underwriters room to charge more. As of Thursday, owners were reluctant to send vessels to the region while there was also a dearth of cargoes, according to traders and shipbrokers involved in that market, who spoke on condition of anonymity.
Uber to unveil next-generation Volvo self-driving car
In March 2018, authorities in Arizona suspended Uber’s ability to test its self-driving cars after one of its XC90 cars hit and killed a woman crossing the street at night in the Phoenix suburb of Tempe, Uber’s largest testing hub. The crash was the first death attributed to a self-driving vehicle.
FICCI for increasing FDI cap in insurance to 74%
New Delhi: The government needs to increase foreign direct investment cap in the insurance sector and multi-brand retail trading for products manufactured and sourced from India for attracting overseas inflows, industry chamber FICCI said on June 13. ...
Suspected attack on 2 oil tankers near Strait of Hormuz stokes fears of War
The prospects of a conflict have spiked since the Trump administration tightened in early May its sanctions on Iranian oil exports. Trump abandoned a year ago the 2015 deal that was meant to prevent Iran from developing a nuclear bomb and reimposed sanctions in a bid to force the Islamic Republic to rein in its military program and proxy militias. Facing economic catastrophe, Iran has threatened to retreat from the accord itself unless European parties throw it an economic lifeline.
EU says it’s ready for ‘Undesirable’ No-Deal Brexit, but some insurers are unprepared
The EU considers the Brexit deal, negotiated over 18 months, to be complete and not open to renegotiation. Departing Prime Minister Theresa May tried and failed three times to convince Parliament to approve it. The EU no-deal preparations are mainly unilateral measures. The bloc refuses to enter into “mini-deals” with the U.K. to help make no-deal Brexit easier.
US cyber insurance premiums see 10% increase to $2.03bn, Aon study
The report highlights that the direct incurred industry loss ratio across all cyber policies was 35.4 percent during the period, with standalone and package business reporting 34.4 percent and 36.8 percent respectively – suggesting that on the whole cyber insurance was quite profitable for US insurers in 2018. The segment had 14 additional players during the year
Life expectancy in India down by 2.6 years due to air pollution: Study
“The deadly tally broken up by diseases shows that chronic obstructive pulmonary disease (COPD) due to air pollution at 49% is responsible for close to half of deaths, followed by lung cancer deaths at 33 per cent, diabetes and ischaemic heart disease at 22 per cent each and stroke at 15 per cent. It is disturbing how COPD, lung cancer and ischaemic heart disease dominate the dubious tally,” it said.
Auto industry seeks govt support as PV sales see sharpest decline in 18 yrs
The passenger vehicle (PV) sales declined for a seventh straight month in May to 2,39,347 units against 3,01,238 units in the year-ago month. In fact, barring October last year, when sales were up 1.55 per cent, PV offtake has been in the negative in the ten months off the last 11 months.