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Govt directs Automobiles, Consumer Durables sectors to provide detailed info on warranty, service centres
Rohit Kumar Singh, Consumer Affairs Secretary To address the new as well as emerging concerns affecting consumers regarding the repair of their products, Consumer Affairs Secretary Rohit Kumar Singh held a meeting with the major stakeholders of four sectors --...
8 lakh bank employees to get 17% annual wage hike, 5-day work week awaits govt approval
For the retired employees, it was agreed that the monthly ex-gratia amount shall be paid in addition to the pension/family pension paid by the Public Sector Banks including SBI, to pensioners and family pensioners, who became eligible to draw pension on or before...
India’s aviation industry should embrace new safety rules quickly
Among the new stipulations released in January are mandates that weekly rest periods be increased to 48 hours from 36 hours to allow recovery from accumulated fatigue.India’s aviation industry needs to embrace these rules quickly with the understanding that safer...
EVs will be cheaper to produce than gas-powered vehicles by 2027, Gartner says
Gartner expects production costs to drop considerably faster than the costs of batteries, which are the most expensive part of an EV and account for around 40% of the vehicle's price Battery electric vehicles will be, on average, cheaper to produce than a comparable...
One third of humanity still offline, says UN telecomms agency chief
“Emerging technologies, like AI, can be used to erode trust in our elections, in our institutions, and it can threaten our jobs, our privacy, and I think also our very future,” she said adding that more than 2200 cyberattacks happen each day. An ITU study indicates,...
Over 50 Himalayan organisations declare climate disasters result of governance failures
It criticised mindless infrastructure like mega dams, highways, railway projects, and commercial tourism, and blamed decades of development-driven greed for unprecedented land use changes for damaging rivers, forests, grasslands, and mountains Over 50 social and...
Gold nanoparticles can help arrest ageing Experts
"It is known to slow down the collagen depletion and stimulate cell regeneration. gold bhasma is an extremely powerful age-defying agent as it improves metabolism, tones up muscles, strengthens underlying tissue, bones, nerves, etc," R P Parasher, National President...
Sexually transmitted infections surge in Europe, latest data shows
"The numbers paint a stark picture, one that needs our immediate attention and action," said ECDC director Andrea Ammon in a press conference on the data. Untreated STIs can lead to a range of health problems including chronic pain, infertility and, for syphilis,...
Alcohol policies need sharper focus on gender, WHO says
After broad successes in tackling the public health impact of other products like cigarettes, the WHO is increasingly turning its attention to addressing the harms linked to alcohol. It pointed studies that have found the industry increasingly targets women through...
Number of board seats held by women in India Inc increased over past 5 years: Report
“Boardroom diversity requires a paradigm shift. Since many companies prefer to recruit board members with CEO or CFO experience, these numbers do not paint an optimistic outlook for pipeline development. India Inc. must break from historical patterns and prioritise...
General insurance industry likely to hit Rs 3 trillion of premium in FY24
The Health portfolio, at Rs 90,788 crore, has remained the largest business for the industry till Jan 2024, followed by Motor(Rs74,500 crore) and Crop(Rs 25,549 crore) Mumbai: Propelled by a few private sector and PSU general insurers insurers along with the Health...
SC seeks Centre’s response on PIL seeking palliative care as part of national health programme
Terming the plea "genuine", the bench sought the Centre's response in eight weeks and asked it to file a comprehensive reply stating the existing policy on palliative care in the country New Delhi: The Supreme Court sought the Centre's response on Thursday on a PIL...
Generali CEO Philippe Donnet targets big insurance deals in Europe
Philippe Donnet,Chief Executive Officer The current takeover planning is focused on Generali’s core European markets and is considering mainly share-based deals, rather than cash. Other targets on its radar include Aegon Ltd, Ageas SA, Baloise Holding AG, Ergo Group,...
Ship evacuated after first civilian fatalities in Houthis’ Red Sea attacks
War risk insurance rates have already reflected the sinking of the Rubymar cargo ship, days after being hit by a Houthi missile on Feb 18, and the first fatalities from the True Confidence, said Munro Anderson, head of operations at marine war risk and insurance...
Passenger vehicles industry estimated to grow up to 9% this fiscal: ICRA
The utility vehicle (UV) segment continued to expand led by a shift in customer preferences coupled with a slew of product launches. Mumbai: The domestic passenger vehicle (PV) market is estimated to grow by six to nine per cent in the current financial year over the...
Aon acquires AI-Powered platform to help fleet & mobility clients make better, insight-driven decisions
"It is more important than ever for our fleet and mobility clients to have access to data-driven insights and tools that inform their risk and business strategies," said Jillian Slyfield, chief innovation officer at Aon DUBLIN: Aon plc, a leading global professional...
Govt panel backs higher carbon tax on coal imports to limit polluting fuel
In its report to the coal ministry, the panel said the current carbon tax rate of 400 rupees ($4.83) on every metric ton of coal, regardless of the quality bought, favoured imports and hit sales of domestically mined coal. Singapore: A panel of officials from Indian...
Growing number of business organizations improving gender equality: ILO-IOE report
According to the report, EBMOs with female Chief Executive Officers (CEO) are 25 per cent more likely to employ more than 40 per cent of women in managerial positions, compared to employer and business membership organizations (EBMOs) with male CEOs Geneva: A growing...