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Here is a masonry blog layout with no sidebarToyota’s Japanese insurer sues South Africa over $361 million flood claim
The claim alleges that the floods, which closed the Prospecton plant for four months, cost the company about 4.5 billion rand in plant repairs and rehabilitation and more than 2 billion rand in business interruption, the newspaper reported. A 6.5 billion rand ($361...
Iranian parliament approves a measure to close Strait of Hormuz
Around 20% of global oil and gas flows through Strait of Hormuz. "If they do that, it will be another terrible mistake. It's economic suicide for them if they do it. And we retain options to deal with that, but other countries should be looking at that as well. It...
DGCA puts in place special audit framework for ‘360-degree’ safety evaluation of Indian aviation ecosystem
The audit framework will cover the entire range of aviation entities, including scheduled and non-scheduled airlines, maintenance, repair and overhaul organisations (MROs), flying training schools, air navigation service providers, airport operators and ground...
US airlines at greater risk as global carriers bypass Middle East after attacks on Iran
Airlines continued to avoid large parts of the Middle East due to missile exchanges between Israel and Iran, the latest upheaval to travel in the region. U.S. strikes on Iran's nuclear sites could heighten the threat to American operators in the region, an...
Iran-Israel war escalation to impact India’s trade with West Asia, say experts
Nearly 30 percent of global oil and a third of the world's LNG (liquefied natural gas) passes through the strait daily and its closure would immediately reduce global supplies triggering a spike in prices New Delhi: Any blocking or disruption of traffic through the...
NGT notice to CPCB, Bihar authorities over rise in lightning deaths due to felling of palm trees
According to a report, after the ban on toddy tapping due to Bihar's prohibition policy, palm trees lost their economic value and have since been widely cut down. This ecological loss appeared to have made rural areas more vulnerable to lightning strikes, with the...
Nearly half of India’s power generation capacity non-fossil: Govt
Non-fossil fuel sources now contribute 235.7 GW (49%) of total capacity, including 226.9 GW renewable and 8.8 GW nuclear. As of June 2025, India’s renewable energy includes 110.9 GW of solar and 51.3 GW of wind power installed capacity. New Delhi: Nearly half of...
Geopolitical tensions shake Indian workplaces; 63 pc firms freeze hiring: Report
The report said that 30 per cent of employees admitted that they are extremely worried and are already witnessing early warning signs while 26 per cent described themselves as mildly concerned and closely monitoring the situation Geopolitical tensions, including wars...
RBI-led initiative to curb digital frauds gains momentum banks roped in to set up DPIP
The proposed platform seeks to bolster fraud risk management by facilitating real-time intelligence sharing and gathering, thereby preventing fraudulent digital transactions, sources said. New Delhi: In a bid to rein in the increasing incidence of digital payment...
UK’s car theft reaches near a 15-year high, cost insurers $867 million
While owners are compensated when their cars are taken, vehicle theft isn’t a victimless crime. The more cars are stolen, the more insurance premiums go up. In the first three months of the year, British car owners were quoted an average of almost £800 a year for...
UK parliament votes for assisted dying, paving way for historic law change
The "Terminally Ill Adults (End of Life)" law would give mentally competent, terminally ill adults in England and Wales with six months or less left to live the right to choose to end their lives with medical help LONDON: Britain's parliament voted on Friday in favour...
AIC launches a new cover for aquaculture industry
(L to R) Lavanya R Mundayur, CMD, Agriculture Insurance Company, M Nagaraju, Secretary, Department of Financial Services(DFS), Parshant Kumar Goyal, Joint Secretary, DFS “With Aquaculture insurance, we are not just mitigating risks but fostering resilience in one of...
DGCA serves notice on Air India for violating crew norms, warns on license suspension and operational restrictions
The DGCA also warned Air India that future violations in crew scheduling will invite "strict action", including licence suspension and operational restrictions. New Delhi: Aviation safety watchdog DGCA has ordered Tata Group-owned Air India to remove its three...
Govt holds meeting on Iran-Israel conflict’s trade fallouts
Country’s ship reporting system is in place to monitor any incidents. The freight and insurance rates are also being closely monitored New Delhi: According to the Commerce Ministry sources, the Commerce Secretary held a meeting with stakeholders from shipping and...
Prudential’s CEO Anil Wadhwani meets Sitharaman, remains bullish on India
Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman met with Anil Wadhwani, chief executive officer, Prudential plc on Thursday Highlighting health as a shared strategic priority, Wadhwani conveyed the company's commitment to leveraging its global...
S Ramann takes over as new chairman of PFRDA
S Ramann, chairman, PFRDA With his vast experience in public finance, technology, and financial regulation, Ramann,an officer of the Indian Audit & Accounts Service (IA&AS) from the 1991 batch, has been appointed as the new chairman of PFRDA for a tenure of...
Surveillance and testing for Covid-19 scaled up: ICMR NIV Director
Rajiv Bahl, DG, ICMR "The government and health agencies are closely monitoring COVID-19 cases and taking necessary steps. Currently, the number of active cases is low, and most cases are limited to southern and western India. The government is focusing on three key...
Govt to meet stakeholders to assess impact of Iran-Israel conflict on India’s trade
According to think tank GTRI, any closure or military disruption in the Strait of Hormuz would sharply increase oil prices, shipping costs, and insurance premiums, triggering inflation, pressuring the rupee, and complicating India's fiscal management. New Delhi: The...