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Japan earthquake casts cloud over push to restart nuclear plants
Nuclear power plants dot the coast of mountainous Japan, which is prone to earthquakes and tsunamis due to its location on the seismically active “Ring of Fire” around the Pacific Ocean The powerful earthquake that hit Japan’s western coast on New Year’s Day has...
Driverless truck companies in US plan to ditch human copilots in 2024
After years of testing, Aurora Innovation Inc., Kodiak Robotics Inc. and Gatik AI Inc. expect to remove safety drivers from trucks that are being guided by software and an array of sensors including cameras, radar and lidar, which sends pulses of light that bounces...
Apple starts paying iPhone users as part of $500 mn ‘Batterygate’ settlement
Apple in 2020 agreed to pay up to $500 million to settle a class-action lawsuit in the US that accused the iPhone maker of "secretly throttling" some iPhone models San Francisco: Apple has started sending payments to the affected iPhone users as part of $500 million...
Payout by life insurers moderates in FY23 compared to previous year
The benefits paid on account of surrenders/withdrawals increased by 25.62 per cent to 1.98 trillion in 2022-23, of which public sector insurers accounted for 56.27 per cent New Delhi: Payout by life insurance companies declined by about Rs 6,000 crore during 2022-23...
Delhi’s per capita income rises over 14 pc to Rs 4,44,768
Delhi has the highest minimum wages in the country -- Rs 17,494 for unskilled, Rs 19,279 for semi-skilled, and Rs 21,215 for skilled workers -- and the government increases these wages every six months, the statement said. Delhi's per capita income increased from Rs...
FPIs infuse Rs 4,800 crore in equities In 1st week of Jan on strong economic confidence
This came following a massive investment of Rs 66,134 crore in December and Rs 9,000 crore in November. Foreign Portfolio Investors (FPIs) continued their buying spree and poured close to Rs 4,800 crore in the Indian equity markets in the first week of January driven...
Resilience: Managing Stress
Some are things you can do in your daily life, such as exercise, hobbies and activities, and getting adequate sleep. Other facets might take more time to develop, such as nourishing supportive relationships, building skills for tolerating distress and regulating...
5 Predictions for the insurance industry in 2024
Kenneth SaldanhaSenior Managing Director – Global Insurance Lead, Accenture In 2024, we will see excitement about the possibilities of GenAI give way to growing demand for material economic impact from AI/GenAI solutions As we look ahead to 2024, while we see many...
Alaska Air blowout on 737 Max may be a manufacturing issue
The Federal Aviation Administration(FAA) on Saturday ordered certain Max 9 aircraft grounded temporarily for inspections prior to returning to flight. The move, affecting 171 aircraft worldwide, followed decisions by Alaska Air and United Airlines Holdings Inc., the...
Japan earthquake deaths top 100, insurance losses manageable
Catastrophe modeling firm Karen Clark & Co. said, total insured losses from the quake will reach $6.4 billion, with residential losses accounting for over two-thirds of the total Chanyoung Lee, director, analytics, AM Best, said "While the earthquake losses would...
New York could be first state to offer prenatal paid leave to mothers
The proposal was part of a six-point plan to improve maternal and neonatal health at a time when U.S. maternal mortality rates are growing with each generation and the country has fallen way behind other developed nations New York: New York Governor Kathy Hochul on...
India orders new drug-making standards after overseas deaths
"The manufacturer must assume responsibility for the quality of the pharmaceutical products to ensure that they are fit for their intended use, comply with the requirements of the licence and do not place patients at risk due to inadequate safety, quality or...
Govt to bring more products under mandatory quality norm: Goyal
''In future, more products will be brought under the Quality Control Order(QCO). I believe we will be covering 2,000-2,500 products. Our commitment to the quality will be so strong that every product/service available in India will be of higher quality'' Consumer...
Red Sea crisis may push shipping cost by up to 60 pc, insurance premiums by 20 pc: GTRI
The Houthi conflict's disruption of the Red Sea shipping lanes significantly impacts Indian trade, especially with the Middle East, Africa, and Europe, the Global Trade Research Initiative (GTRI) said New Delhi: The increasing Red Sea crisis may impact trade as it is...
Alaska Airlines flight makes emergency landing after midair blowout of window
Hours after the terrifying incident, Alaska Airlines announced that it would ground its entire fleet of 65 Max 9s for inspections and maintenance. CEO Ben Minicucci said Alaska expects the inspections to be completed “in the next few days.” India’s aviation watchdog...
774 fresh Covid cases in India,active cases stands at 4,187
Two deaths -- one each from Tamil Nadu and Gujarat -- were reported in a span of 24 hours, according to the ministry's data updated at 8 am. New Delhi: India has recorded a single-day rise of 774 COVID-19 cases while the number of active cases stands at 4,187, the...
World Bank raises GBP 1.5 billion in 5-year sustainable development bond
According to the World Bank, this Sustainable Development Bond aims to generate GBP 1.5 billion from investors, contributing to the financing of the World Bank's initiatives for sustainable development solutions in its member countries London: The World Bank,...
GIFT City grants its first approval to Azim Premji’s family office to invest its capital overseas
Azim Premji, non-executive member of the board and founder chairman of Wipro Dozens of applications for family investment fund that allow families to make investments across various asset classes and instruments offshore, are still pending with GIFT City authorties,...