The plane hit the runway at a 50% greater descent velocity than the...
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Heathrow Airport fire has significant but manageable financial and operational implications
The cost of the impact could total around 20 million pounds ($26...
Regulatory breaches emerge as top risk for Asian Boards, Willis & Clyde & Co survey
While the risk of data loss and cyber-attacks remains among the top...
Passenger vehicle sales on upward terrain driving on better chip supply track
''With the improvement in the semiconductor situation, the passenger vehicle segment is showing positive trends riding on the green shoots of pent-up demand and customer desire towards personal mobility,'' HMIL Director (Sales, Marketing & Service) Tarun Garg said...
IRDA approves 30% expense of management(EoM) limit for general insurers, allows Corporate Agent to have 9 tie-ups
Debasish Panda,chairman,IRDAI Corporate agents are allowed to place commercial lines and general insurance covers without any limit on the sum insured The Insurance Marketing Firms (IMF) will be allowed to engage Insurance Sales Persons (ISP) for the purpose of...
EPFO launches face authentication for pensioners to submit digital life certificates
Union Minister of Labour and Employment Bhupender Yadav who also chairs EPFO's apex decision-making body the Central Board of Trustees launched the face authentication technology for pensioners and stated a labour ministry statement New Delhi: EPFO launches face...
Global re/insurance industry’s Blockchain platform B3i files for insolvency
“The directors, following consultation with the shareholders, have collectively concluded that there was not sufficient support to continue with the venture at this stage,” said an announcement on the company’s website B3i is supported by over 21 of the largest...
Governments increase user data demands, warns Twitter
The US makes up the majority of demands for account information, accounting for 20% of the requests. India follows closely behind. Twitter says it complied fully with roughly 40% of all asks for information on user accounts Washington: Twitter warned Thursday that...
Indian neobanking market expected to witness over 3-fold jump to reach $11.65 billion
With the Indian growth story counting heavily on its young population and more than 50 per cent of the population below the age of 28, the report assesses future consumer trends will be dictated by the first generation of truly digital natives in the banking sector...
PM Modi to launch India’s first international bullion exchange in Gift City
This exchange will facilitate efficient price discovery with the assurance of responsible sourcing and quality, apart from giving impetus to the financialisation of gold in India, a statement by the IFSC Authority said. Ahmedabad: Prime Minister Narendra Modi will...
Germany earmarks up to $14 bln to make buildings more energy-efficient
Over the next few years, some 12-13 billion euros per year will be allocated to subsidise renovations to old buildings and installing more energy-efficient windows, doors and heaters, the ministry said. Around one billion euros will be allocated for new construction....
DGCA restricts SpiceJet’s flights to 50% for 8 weeks
There is "poor internal safety oversight" and "inadequate maintenance actions" in the airline which has resulted in degradation of "safety margins", DGCA said During these eight weeks, the budget carrier will be subjected to "enhanced surveillance" by the DGCA New...
EV fire incidents: Consumer protection regulator issues notices to 4-5 cos
Central Consumer Protection Authority (CCPA) Chief Commissioner Nidhi Khare said the authority will commence the hearing on this matter soon."We have issued notices to 4-5 companies. We asked them to provide reasons for series of fire incidents in EVs and why the...