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Here is a masonry blog layout with no sidebarIndian patent office cautions people against fraudsters seeking money to facilitate IP applications
"It is, therefore, advised to all the stakeholders who are applying or may have applied for any type of IP applications (i.e. Patents, Designs, Trade Marks, GIs (geographical indications), Designs or Copyright) that they should not fall prey to such false claims and...
Passenger vehicle wholesales up marginally at 3,93,238 units in Oct: SIAM
Passenger vehicles posted its highest-ever sales of October in 2024 at 3.93 lakh units, with a growth of 0.9 per cent, albeit on a high base of last October. The two-wheeler segment also posted the highest-ever sales of October in 2024, SIAM Director General Rajesh...
East India better insured to take on retired life than other regions: Max Life Study
Notably, East India also led in National Pension System (NPS) ownership, with nearly one in four holding an NPS account. Financial product awareness among the respondents from the region was also high, with 97 per cent of individuals aware of life insurance and about...
Next GST Council meet on Dec 21-22, Decision on lower GST rate on health and life insurance
Union Finance Minister Nirmala Sitharaman The 55th GST Council meeting would be held during one of these two days in which the much awaited decision on exemption or lower GST rate on health and life insurance would be taken New Delhi: Union Finance Minister Nirmala...
Shriram General in pact to enable Muthoot Securities customers to purchase covers
Shriram General Insurance Company (SGIC) has entered into a partnership with The Muthoot Group as part of which it will enable Muthoot Securities' customers to purchase general insurance covers. An agreement was signed between Ragesh GR, CEO, Muthoot Securities, and...
GIC Re’s net profit up 16% to Rs 1861 crore in Q2FY25
N Ramaswamy, CMD, GIC Re Though the largest Indian reinsurer has cut down its gross premium by 21 per cent to Rs 8,413 crore in the reporting quarter, it has improved its combined ratio, underwriting losses and incurred claims during the period ``Our continuous focus...
Net profit of National Insurance Company rises 80% to Rs 81 cr in Q2FY25
Going ahead, NIC is committed to its stake holders and the improved financial performance is an indicator for the company to achieve profitable growth, T Babu Paul, executive director, NIC Kolkata: State owned National Insurance Company(NIC) has recorded a 80 per cent...
SBI Ventures plans to raise $237 million Climate Fund
The fund will invest in small and mid-sized companies that are focused on recycling waste and curbing emissions among other initiatives, and obtain equity partnership Mumbai: A unit of India’s largest lender State Bank of India is planning to raise as much as Rs 20...
Bridge Specialty International launches with the rebrand of Lonmar Global Risks
Bridge Specialty Group, a global wholesale and specialty insurance brokerage, has announced plans to unify its London-based businesses Lonmar Global Risks, Decus Insurance Brokers and BdB Limited under Bridge Specialty International. Bridge Specialty International...
Salaries in Southeast Asia expected to rise in 2025: Aon Survey
One in three firms view cybersecurity roles as crucial to their organisation, with a 160 percent year on year (YOY) increase in headcount for such roles. Artificial Intelligence/machine-learning and risk managers roles had a 100 percent and 70 percent YOY increase,...
COP29: Baku meet adopts establishment of global carbon market under Paris Agreement’s Article 6
The Article 6.4 mechanism is seen as an important tool in bridging the climate finance gap.The mechanism aims to enhance climate finance flows to countries with carbon-rich ecosystems, supporting both environmental integrity and equitable access to funding. Baku: In a...
General Insurance industry grows 28% to Rs 30,378 crore in Oct
In a note worthy trend, seven stand alone health insurers have now captured 11.58 per cent of the market share in the general insurance industry in the first seven months of the current fiscal. It was 10.20 per cent in the corresponding period of the last fiscal...
IRDA asks general insurers not to report premiums and commission for long term policies at one go
``Currently, only long-term Motor Third Party (TP) premium is booked annually and commissions also paid annually. Otherwise, the entire premium for other long-term policies such as Fire policies for dwellings, Engineering policies for projects, Janata Personal...
Right to live in a pollution-free atmosphere is a fundamental right of every citizen: SC
"The right to live in a pollution-free atmosphere is a fundamental right of every citizen which is protected by Article 21 of the Constitution of India. Prima facie we are of the view that no religion encourages any activity which creates pollution or compromises with...
Multiple climate disasters trigger first ever Red Cross disaster insurance pay-out
The IFRC policy with insurance broker Aon is the first of its kind for the aid sector. It was triggered in mid-September by the deadly Asian Typhoon Yagi, which tipped total disaster spending over the 33 million Swiss franc ($37.84 million) mark, and the fund has...
Max Life integrates Swiss Re’s ‘Digital Health Underwriting’ solution to elevate the customer onboarding experience
Swiss Re’s DHU solution automates technical underwriting, using advanced technology to analyze multiple stacks of medical records and lab results concurrently. By providing real-time underwriting decisions and faster turnaround times, the solution enables more...
Flood risk: protective measures up to ten times more cost-effective than rebuilding: Swiss Re study
Flood risk is set to increase due to climate change and urban sprawl.Economic benefits of flood adaptation measures can be up to ten times the costs of post-disaster rebuilding. Dykes can reduce flood damage by 60-90%, especially in densely populated regions Zurich:...
At least 20 pc of India’s economy will be digital by 2026-27: Jyotiraditya Scindia
“As our digital economy flourishes at a pace 2.8 times swifter than the national economy, we anticipate it will reach an astounding 20 per cent by 2026-27,” said the minister, urging South Asian Telecommunication Regulators' Council member nations to collaborate on...