Quoting the latest data from the UN World Health Organization...
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‘PM-eBus Sewa’ scheme to be rolled out in 5-6 months: Urban affairs ministry
The scheme has two segments -- augmenting city bus services in 169...
With COVID-19 ‘here to stay’, new tools essential to continue fight: Tedros
“COVID-19 is here to stay, and the world will continue to need...
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.
Aviva overhauls UK business, to cut 1,800 jobs
According to the statement, Aviva intends to reduce its expenses by cost savings in contractor and consultant spend, reduction in project expenditure and other efficiencies. This will involve approximately 1,800 role reductions across the group over the next three years, out of a total workforce of around 30,000.
Motor TP premium for 2-wheelers, cars to go up from June 16
New Delhi: Car and two-wheeler insurance will cost more from June 16 with regulator Irdai increasing the mandatory third party (TP) motor insurance premium by up to 21 per cent for certain categories. Normally, the mandatory motor TP insurance cover,...
Motor Bill may be introduced in upcoming session of Parliament:Gadkari
He said to reduce accidents at 8,000 black spots – accident-prone areas – have been identified and will be rectified.
Govt may announce infusion of ₹ 4,000 cr in PSU non-life firms in Budget
According to the sources, the Department of Financial Services will seek around ₹4,000 crore in the Budget for fund infusion in three insurance companies — National Insurance Company, Oriental Insurance Company and United India Insurance Company.
Manipal Group to up stake in Cigna TTK to 51%
The Cigna Corporation of the US will continue to hold 49 per cent stake, while TTK will exit the health insurance business by selling its 31.48 per cent stake to Manipal Group, pending regulatory approval from IRDAI.Manipal holds 19.52 per cent stake in the joint venture
Ship insurers ‘already charging’ war risk premium around Fujairah post-sabotage attacks
Given the circumstances in the Persian Gulf, it would be expected that underwriters are reviewing voyages on a case-by-case basis and acting according to the risk presented, Neil Roberts, secretary for JWC in the Lloyd’s Market Association, told S&P Global Platts.
MN Sarma selected as new Secy General of GI Council
Along with Sarma, CR Vijayan,a former director of GIC Re,has been chosen as the deputy secretary general of the GI council.This is for the first time that GI Council will have a post of deputy secretary general since it was formed in early 2000.
Auto majors report decline in May sales
The country’s largest carmaker Maruti Suzuki India Saturday reported a 22 per cent decline in sales at 1,34,641 units in May.The company had sold 1,72,512 units in May 2018, Maruti Suzuki India (MSI) said in a statement.Domestic sales declined by 23.1 per cent to 1,25,552 units as against 1,63,200 units in the year ago month, it added.
OIC pays Rs 1.5 cr of claims for 15 Maha jawans killed in Maoist attack
“Each of jawan’s family was paid Rs 10 lakh as they were cover under a group policy bought by the Maha governmet.’’ said KR Ajit, general manager, OIC.