Welcome to My Blog
Here is a masonry blog layout with no sidebarWorld’s largest shipping register withdraws its approval for Russia’s Ingosstrakh Insurance
In practice, the Liberia’s move may well prove symbolic. There are only three vessels covered by Ingosstrakh that sail under the flag of Liberia and none of them are oil tankers, according to a vessel database maintained for the International Maritime Organization The...
More than 800 coal plants worldwide could be profitably decommissioned, research group says
Around 15.5 billion metric tons of carbon dioxide are generated every year by 2,000 gigawatts of coal power. The International Energy Agency says emissions need to reach zero by 2040 if temperature rises are to remain within the threshold of 1.5 degrees Celsius The...
General Insurance Agents’ body urges FM and GST Council to reduce 18% GST to 5% on retail health covers
In a memorandum submitted to FM, the Confederation had pointed out that though the gross premium during last five years had almost doubled, leading to the growth of health insurance business in the country, the virtual number of lives covered and number of policies...
Sanlam to buy majority stake in financial wing of top African media group
The deal gives Sanlam an opportunity to further expand its insurance and financial services business across Africa, the companies said. Opportunities outside South Africa will be facilitated through its SanlamAllianz business JOHANNESBURG: South African insurer Sanlam...
Consumer Affairs Secy cautions e-commerce on ‘unfair’ dark patterns
Nidhi Khare, Secretary, Consumer Affairs ``Various ways to refrain from using such deceptive designs or improving user interface were suggested such as relying upon consumer feedback, consumer satisfaction, repeat user rate, using in-built app/features to identify...
Bengal train mishap again brings ‘Kavach’ safety system under spotlight
Senior Northeast Frontier Railway (NFR) official said, “Kavach has not been installed yet in the section where the accident occurred. However, this is part of the High-Density Network (HDN) and Highly Used Network (HUN) routes identified for the implementation of...
Centre takes action against electricity KYC update scam, blocks 392 mobile phones
The Department of Telecommunications (DoT) utilised the ‘Chakshu’ portal for reporting and analysing fraudulent activities, initially identifying five suspect numbers.The portal’s AI-driven analysis revealed that 392 handsets linked to 31,740 mobile numbers were...
US Surgeon General calls for social media warning labels to protect adolescents
Vivek Murthy, Surgeon General,US US Surgeon General Murthy wrote in the New York Times on Monday that a warning label alone will not make social media safe for young people but that it can increase awareness and change behavior as shown in evidence from tobacco...
India’s ‘heat trap’ cities make summers worse, says government official
"The emission of greenhouse gases has gone up. The permeable spaces have gone down considerably. The cities actually have become heat traps.As a result, nights are nearly as uncomfortable as days,Krishna S. Vatsa, a member of the National Disaster Management Authority...
CBIC urges public to discern modus operandi of fraudsters
The Ministry of Finance has referred to various news portals and social media platforms that have highlighted a disturbing trend where fraudsters are duping the public into paying money under the false pretence of avoiding legal penalties New Delhi: The Central Board...
13 people killed and 30 injured as Sealdah-bound Kanchanjungha Express collides with a goods train
"Unfortunate accident in NFR zone. Rescue operations going on at war footing. Railways, NDRF and SDRF are working in close coordination. Injured are being shifted to the hospital. Senior officials have reached site," posted Union Railway Minister Ashwini Vaishnaw on X...
Budget FY24-25: Sitharaman to hold pre-budget meeting with industry chambers on Jun 20, GST Council to meet on June 22
The 2024-25 Budget is likely to lay out Modi 3.0 government's economic agenda.The finance minister will have to look at measures to boost growth without hurting inflation as well as look for resources to meet the coalition government's compulsion New Delhi: Finance...
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...
Sensex & Nifty may scale new high in coming weeks, FIIs invest Rs 2,030 crore in capital markets last week
"With government continuity now in place, we believe the market can look forward to further structural reforms, giving us more confidence in the earnings cycle. Macro stability with rising GDP growth relative to real rates should extend India's outperformance over...
Mutual funds industry adds 8.1 mn new investor accounts in Apr-May FY25
"As India's per capita income grows, investors will look to save money in asset classes, which have the potential to beat inflation and create wealth. As the penetration of mutual funds increases, this will translate into a higher folio base at the industry level,"...
SBI to monetise subsidiaries after scaling up their businesses, no IPO for SBI General this year: Chairman
Dinesh Kumar Khara,Chairman,State Bank of India This move is anticipated to enhance valuation and deliver superior returns for the parent company, State Bank of India Mumbai: SBI Chairman Dinesh Kumar Khara has announced a strategic delay in monetizing the bank's...
Hyundai Motor India files for landmark IPO expected to surpass LIC’s record
The planned IPO is structured entirely as an offer for sale (OFS) involving 142,194,700 equity shares by Hyundai Motor Company, as detailed in the draft red herring prospectus (DRHP). Notably, there is no fresh issue component in this offering Mumbai: Hyundai Motor...
Risk to public health from the avian influenza A (H5N1) virus remained low: WHO
The head of the World Health Organization (WHO) said on Wednesday that the risk to public health from the avian influenza A (H5N1) virus remained low despite its spread among dairy cattle in the United States. Tedros Adhanom Ghebreyesus, WHO Director-General, said the...