All domestic flights were canceled on Wednesday – 252 in total –...
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Severe weather, non-timely action in re-routing plane probable...
Hiscox unveils a new sexual molestation liability cover
The sexual molestation liability (SML) product will also cover...
BJP’s women wing calls for probe into Foxconn India hiring practices
Foxconn hiring agents and HR sources interviewed by Reuters cited family duties, pregnancy and higher absenteeism as reasons why Foxconn did not hire married women at the plant. The story has sparked debates on TV channels and newspaper editorials New Delhi: The...
Apple unfairly fired an employee for making racist comments, says UK judge
The UK’s legal regime encourages employers to aim for a zero tolerance of race discrimination, which can attract the most severe punishment for any breach. Apple must clearly set out a zero-tolerance policy and the consequences of its violation in order to implement...
ADB sanctions $170 mn loan to strengthen India’s health system for future pandemic preparedness
“This policy-based loan will help fill the gaps in policy, legislative, and institutional governance and structures and contribute to India’s goal of providing universal access to quality and affordable health care services to strengthen pandemic preparedness and...
FAIR Publication Interview- Questionnaire 1. How do you see the market developments and broad trends in Africa and Middle East markets? In the Middle East, we are seeing increasing efforts by the insurance industries to promote distribution of insurance and making its...
India's robust economic growth, driven by record-beating figures, together with strong tax revenues, expanding digital infrastructure, and a resilient manufacturing sector, provides the new government a platform to launch next-generation reforms that could elevate the...
Cyclone ‘Remal’ Triggers Devastating Landslides in Mizoram, Claims 25 Lives
At least 25 people, including 14 in a stone quarry collapse, were killed in Mizoram on Tuesday due to landslides and incessant rain in the aftermath of cyclone 'Remal', state disaster management authority said. Several other people went missing in landslides, mostly...
Transformative years ahead for the insurance sector: Allianz Report
In all, the global premium pool is set to increase by almost EUR5trn.Most of this growth will be in the life segment (EUR1.887bn) with Asia ( Japan) remaining the growth engine for global life business (+7.3% p.a.). The region should account for half of absolute...
Share of organised employment in India on the rise: Finance Ministry report
The EPFO net payroll addition stood at 1.47 crore members during FY24, amounting to a year-on-year rise of 6.3 per cent from 1.39 crore members in the corresponding period of the previous year New Delhi: There has been a decline in annual as well as quarterly...
Blurb We’re seeing a lot of investment in Africa by China and India on infrastructure projects. Munich Re can utilise its expertise and presence in these markets to ensure that both reinsurance markets benefit from the investments, instead of it being one sided....
Losses from “grey zone” action prompt preparedness, cos expand political risk management capabilities: WTW report
Partly as a result of disruptions in the Red Sea, state-sponsored supply chain disruption appears as one of the main business concerns for 2024 and ‘grey zone aggression’, meaning any action used to weaken a country by any means short of war, has reached the top 10...