Welcome to My Blog
Here is a masonry blog layout with no sidebarOrange alert in 4 districts in Kerala
1.3 Million Indian Payment Card Details Up For Sale On Dark Web
Rising sea level puts Mumbai at risk of being submerged by 2050: Study
DGCA asks GoAir to replace PW engines of 13 A30Neo aircraft within 15 days
The DGCA said on August 28 that about 40 percent of the domestic seat capacity in India is powered by PW engines and, therefore, any knee-jerk reaction to completely shut their operations will have serious consequences. As on August 28, IndiGo and GoAir had 92 and 35 A320neo aircraft powered by PW engines in India.
IndiGo places firm order for 300 A320neo family aircraft
Companies have spent Rs 50,000 crore on CSR in 5 years: Government
TMK launches Cyber Ctrl in Asia
US equity outflows to cash, bonds biggest since 2008: Goldman Sachs
Just like this year, corporate demand will be the top source of US equity buying in 2020, Goldman projected. While buybacks may drop, net demand is still seen as strong thanks to diminished initial public offerings and a rise in cash-based mergers and acquisitions. Households and foreign investors will also be net buyers, while pension funds keep whittling down their allocation, as they have since 2009, Goldman said.
Hong Kong unrest insurance claims at around $77 mn
Unrest in Hong Kong has led to damages of various mainland China-linked entities, most notably local rail operator MTR and lenders such as Bank of China. The $77 million insurance claim surpassed the $41 million linked with the SAR (severe acute respiratory syndrome) epidemic in 2003, according to the Hong Kong Federation of Insurers.
EU nations agree Brexit delay until January 31 as PM Johnson seeks election
The latest delay plan envisages that Britain could be out on Dec. 1 or Jan. 1 should parliament ratify the agreement in November or December respectively, according to diplomats who deal with Brexit in Brussels.But in London, there was no consensus on an election which Johnson says is needed to break the deadlock.
Insurers start dropping fire coverage for California residents
“We are seeing an increasing trend across California where people at risk of wildfires are being non-renewed by their insurer,” state Insurance Commissioner Ricardo Lara said in a statement.The California Department of Insurance “has seen cases where homeowners were paying an annual premium of $800-$1,000 but, upon renewal, saw increases to as high as $2,500-$5,000,” a staggering rise of more than 300 percent in most cases.
FPIs infuse over Rs 3,800 crore into capital markets in October so far
“The steps taken by the government to revive domestic economic activity has finally found favour among foreign investors. Also, a reprieve in the US-China trade war would help increase risk-appetite among global investors which could lead to increase foreign flows into emerging markets such as India,” Himanshu Srivastava, senior analyst manager research at Morningstar Investment Adviser India
Muhurat trading: Samvat 2076 off to good start; Sensex gains 192 points
Donald Trump confirms ISIS leader Abu Bakr al-Baghdadi killed in US operation
His exhortations were instrumental in inspiring terrorist attacks in the heart of Europe and in the United States. Shifting away from the airline hijackings and other mass-casualty attacks that came to define al-Qaida, al-Baghdadi and other IS leaders supported smaller-scale acts of violence that would be harder for law enforcement to prepare for and prevent.
Cyclone Kyarr likely to turn ‘extremely severe’ in next 24 hours, warns IMD
According to weather forecasting agency, “Under the influence of the above systems, isolated places over Assam, Meghalaya, Nagaland, Manipur, Mizoram and Tripura is likely to receive heavy to very heavy rainfall and heavy rainfall over southwest Peninsular India during next 24 hours decreasing thereafter.”
What is taking the shine off gold in India?
There are longer-term issues to worry about, though. About two-thirds of the country’s gold is bought in rural areas, where its traditional roles as investment and adornment are oddly intertwined. Rural Indians are far more inclined to buy gold jewelry than their urban counterparts, and tend to favor plain pieces that can easily be valued and traded in if money gets tight
Global insurers face quiet strain from hacker ransom demands
Cyber experts say the criminals launching ransomware against companies are organised gangs in Russia and eastern Europe, or hackers sponsored by foreign governments. Insurers sometimes have restrictions in their policies to avoid covering attacks by nations, but it can be difficult to know for sure what type of criminal is launching an attack.
$4.36 bn deployed in InsurTech cos across 239 transactions in first 3 qtrs
Dr Andrew Johnston, Global Head of InsurTech at Willis Re, says: “The continuing rise in InsurTech investment acknowledges the enormous role technology has to play in our industry, but we need to avoid becoming a sector jaded and frustrated by it. Today’s InsurTech is as much about hype and entrepreneurial culture as it is about appropriate technology for the (re)insurance industry.