(L to R) Lavanya R Mundayur, CMD, Agriculture Insurance Company, M...
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Govt holds meeting on Iran-Israel conflict’s trade fallouts
Country’s ship reporting system is in place to monitor any...
Surveillance and testing for Covid-19 scaled up: ICMR NIV Director
Rajiv Bahl, DG, ICMR "The government and health agencies are...
Treasury’s Yellen says US overdependent on China for critical supply chains
U.S. Treasury Secretary Janet Yellen The U.S. would face national security concerns without a robust semiconductor sector of its own, she said, adding that last year's Chips and Science Act will help reverse that trend. U.S. Treasury Secretary Janet Yellen said on...
In Singapore, a certificate to own a car now costs $106,000
Singapore has a 10-year "certificate of entitlement" (COE) system, introduced in 1990, to control the number of vehicles in the small country, which is home to 5.9 million people and can be driven across in less than an hour To own a car in Singapore, a buyer must bid...
LIC gets income tax penalty notice of Rs 84 crore; insurer to file appeal
For assessment year 2012-13, the tax authority has imposed a penalty of Rs 12.61 crore, for 2018-19 Rs 33.82 crore, while Rs 37.58 crore for assessment year 2019-20, LIC said in a regulatory filing NEW DELHI: Life Insurance Corporation (LIC) on Tuesday said that the...
Lessor SMBC Aviation receives insurance settlement over Aeroflot jets stranded in Russia
The lessor under Japan's Sumitomo Mitsui Financial Group said the settlement amount reflects its claims on Aeroflot's insurance related to 16 aircraft and their engines Ireland-based aircraft lessor SMBC Aviation Capital on Monday said it had received a cash insurance...
UK launches review of regulators, searching for post-Brexit advantages
"It's clear that the regulators that enforce the rules can also sometimes be a blocker to businesses, so our review will seek to root out the bad practices with the aim of making companies' lives easier and reducing costs for consumers" London: The British government...
US regulators settle with more firms over use of texts and WhatsApp
The settlements mark the latest enforcement actions in the SEC's two-year crackdown on Wall Street's use of unapproved messaging apps, which has so far resulted in more than $2 billion in fines Because companies do not surveil personal messaging channels, using them...
Confronting ageing: the talk Australia has to have
The rising number of older Australians is projected to increase the country's health spending on them to more than double to Australian dollar 270 billion (USD 174 billion) by 2035, even if the cost of providing care to each older person is static Public aged care...
Thousands of govt employees protest at Ramlila Maidan to demand restoration of Old Pension Scheme
In Old Pension Scheme (OPS)), the government employees are entitled to receive pension equivalent to 50 per cent of their last drawn salary. Under the NPS, a state government employee contributes 10 per cent of his/her basic salary plus dearness allowance with the...
Pension-related concerns, healthcare among top queries of senior citizens on govt helpline
About 65 per cent of senior citizens are facing financial problems due to limited income, increased financial needs in old age, dependent younger family members, etc while 63 per cent elderly are facing social problems like age and gender discrimination, social...
China to waive security checks for some data exports
The Cyberspace Administration of China (CAC) said it was considering waiving data export security assessments for activities such as international trade, academic cooperation, cross-border manufacturing and marketing that do not contain personal information or...