"Any person being a victim of a road accident arising out of the...
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LIC to see a major make over of its top management within a month
Out of five existing managing directors, three including MD and CEO...
CII releases guidebook on effective adoption governance of AI for board leaders
It encompasses basic concepts related to AI, its use in various...
Vumlunmang Vualnam appointed as addl secy, DEA
The government on Monday has appointed Vumlunmang Vualnam as the new additional secretary in the Department of Economic Affairs. Suchindra Mishra, additional secretary, DFS , who was also dealing with Insurance Department, has been shifted to Ministry of Defense.Shyam...
Guj prepares for impact as cyclone Biparjoy likely to make landfall between Kutch and Pakistan’s Karachi
The India Meteorological Department (IMD) said the ''extremely severe cyclonic storm 'Biparjoy''' is very likely to cross Saurashtra-Kutch and adjoining Pakistan coasts between Mandvi in Gujarat and Karachi in Pakistan around the noon of June 15 with a maximum...
California insurers’ inability to price risk is causing headaches
State regulations ask wildfire insurers to set rates for annual catastrophic coverage as a fraction of damages accrued over 20 years — without mention of models that can capture the accelerated rate of land use change and development, weather and wind trends or the...
‘India’s aircraft fleet doubled in past nine years, pvt investment to be over Rs 70k cr’
Domestic air travel in India has soared by an astonishing 130 per cent, with an estimated annual count of 145 million passengers exploring the country's skies "Additionally, international passenger movement has experienced a noteworthy upswing, registering a 50 per...
CEA against concept of Universal Social Security as it may generate ‘perverse incentives’
''For our country, when natural economic growth should take care of many of the aspirations, it (Universal Social Security) may not be necessary. We may be creating the ground for perverse incentives for people to not make their own effort in seeking such...
Climate Change: Coal India’s biggest expansion plans opposed in Chhattishgarh
Protests against plans for the Gevra site in the eastern province of Chhattisgarh threaten to complicate the company’s ability to win approvals to expand annual capacity to 70 million tons. Output at that volume would see the site become the single biggest global...
RBI holds rates but signals tight monetary policy ahead
Shaktikanta Das, Governor, RBI The RBI maintained its policy stance of "withdrawal of accommodation" to ensure inflation progressively aligns with the committee's target while remaining supportive of growth, Governor Shaktikanta Das said while announcing the MPC's...
Raising awareness about brain tumour symptoms imperative for better treatment, say docs
Dr Manish Vaish, senior director of neurosurgery at Max Super Speciality Hospital in Vaishali said brain tumours constitute approximately two per cent of all malignancies globally and present a formidable health challenge. ''In India alone, an estimated 40,000 new...
Andhra Pradesh Cabinet approves Guaranteed Pension Scheme, regularisation of 10,000 contract staff
Under the GPS scheme, eligible employees will receive 50 per cent of their last drawn salary as pension, including receiving dearness relief (DR) on the lines of the Central Government declaring dearness allowance and DR twice a year Amaravati: Approving Guaranteed...
FSIB to select CMDs for GIC Re and National Insurance today
Some of the officials who are appearing for a virtual interview are- N Ramaswamy, general manager, GIC Re, Hitesh Joshi, general manger, GIC Re, M Rajeswari Singh, general manger & director, United India Insurance, BS Rahul, general manger, Agriculture Insurance...