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ACKO’s 2024 Accident Index:78% of all road accidents in India occur in metro cities
Most Accident-Prone Cars Hyundai i10 topped the list as the car involved in the highest number of accidents, followed by the Maruti Suzuki Swift and Maruti Suzuki Baleno. Hyundai i20 and Maruti Suzuki Dzire ranked fourth and fifth, respectively Mumbai: Metro cities...
Insurance (Amendment) Act, 2024: Govt has no composite plans for LIC and PSU general insurance companies
To enable PSU insurers to avail composite licenses, the government needs to amend the two existing Acts- The Life Insurance Corporation Act of 1956 and the General Insurance Business (Nationalisation) Act, 1972 (GIBNA). But, no such provisions have been made in the...
14 lakh Ayushman Vay Vandana cards created for elderly above 70 in a month: Centre
The estimated expenditure for the AB-PMJAY scheme for senior citizens above 70 years is Rs 3,437 crore. Of this, Rs 2,165 crore in the central share expenditure is likely to be incurred during the Financial Year 2024-25 and 2025-26, the Ministry said. New Delhi: About...
Over 100 countries back Plastic Treaty caps as talks reach fierce finish
As of Sunday, countries remained far apart on the basic scope of the treaty, with one option proposed by Panama – and backed by over 100 countries – that creates a path for a global plastic production reduction target and another which does not allow production caps...
UK expands sanctions against Russian oil fleet and its insurers
The measures ban any cooperation with Moscow-based insurers AlfaStrakhovanie Plc and VSK, which are “carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian financial services sector,” a statement said. Both firms...
UK employers warn tax rise will hit investment and pay
Prime Minister Keir Starmer and his finance minister Rachel Reeves – who say speeding up economic growth is their top priority – argue the move will allow them to spend more on public services including the National Health Service British employers have been caught...
EU seeks to streamline ESG regulations amid growing backlash
Asset managers have cautioned against letting streamlining morph into outright deregulation, which they worry would reduce the corporate transparency on which they rely to make ESG allocations The next European Commission will urgently seek to streamline the bloc’s...
Learn from Indian women how to invest in gold and silver: Jim Rogers
According to a recent report by the World Gold Council (WGC), the demand in India surged 18 per cent (year-on-year_ to 248.3 tonnes in the September quarter due to a rise in jewellery consumption and investment in gold New Delhi: As the prices of gold and silver...
FPIs’ selling spree continues in Nov at Rs 21,612 cr
According to the data, FPIs recorded a net outflow of Rs 21,612 crore in November. This came following a net withdrawal of Rs 94,017 crore in October, which was the worst monthly outflow New Delhi: Foreign investors pulled out Rs 21,612 crore ($ 2.56 billion) from the...
China state media warn Trump against mutually destructive tariff war
Economists have begun downgrading their growth targets for China’s $19 trillion economy for 2025 and 2026 in anticipation of further tariffs promised by Trump during the election campaign, and are warning Americans to brace for an increase in the cost of living. “For...
Air pollution and GRAP-4 in Delhi-NCR cause business losses of Rs 2,500 crore in the region
"Retail markets in Delhi are witnessing a slump as the city's air quality has plunged into the 'severe' category. News about pollution, widely disseminated through TV, newspapers, and social media, is deterring people from visiting markets," Goyal stated New Delhi:...
Anti-pollution measures in Delhi push daily wage workers into livelihood crisis
For Babu Ram, a 63-year-old construction worker, the ban on C&D activities has exacerbated an already dire financial situation. He has a wife, son, daughter-in-law and grandchild to support, besides having to deal with a debt of Rs 3 lakh New Delhi: As authorities...
HC asks Centre, Delhi govt to give report on stocks of injection for rare genetic blood disorder
The petitioners submitted that the treatment for this disease is expensive and requires injections of Antihemophilic Factor (AHF).They said while the treatment for haemophilia is provided in the government hospitals, often there is insufficient stock of the injection...
Heavy rains lash Tamil Nadu, ‘Fengal’ continues to moves towards coastline
Departure and arrival schedule of flights were affected to some extent.The government had already declared November 30 a holiday for educational institutions and requested IT firms to make their employees work from home. Chennai: Heavy rains accompanied by gusty winds...
Fair price of vehicles to be scrapped will be decided by market forces, no govt intervention: Nitin Gadkari
Nitin Gadkari, Union Minister for Road Transport and Highways To ease the economic burden on citizens, especially low-income groups, incentives are provided for scrapping vehicles. These include waiving registration fees for new vehicles purchased with a "Certificate...
Govt seeks to overhaul Indian insurance sector with extensive reforms measures
Insurers to be allowed to do certain other business, in addition to insurance business, enabling additional stream of revenue for insurers - like carrying of guarantee or indemnity business, managing and selling property possessed by company in satisfaction of claims,...
Welfare pension fraud: Luxury car owners, affluent individuals found on beneficiary lists in Kerala
This revelation comes amidst widespread outrage in Kerala following reports that nearly 1,500 government employees, including gazetted officers and college professors, had fraudulently claimed social security pensions Thiruvananthapuram: An audit conducted by the...
Social media ban for children under 16 becomes law in Australia
The law will make platforms including TikTok, Facebook, Snapchat, Reddit, X and Instagram liable for fines of up to 50 million Australian dollars ($33 million) for systemic failures to prevent children younger than 16 from holding accounts Canberra: With bipartisan...