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Here is a masonry blog layout with no sidebarGroundwater depletion rates in India may triple in coming decades, warns study
"We find that farmers are already increasing irrigation use in response to warming temperatures, an adaptation strategy that has not been accounted for in previous projections of groundwater depletion in India," said senior author Meha Jain, assistant professor at the...
Hong Kong to be hit super typhoon Saola, biggest typhoon in 3 yrs
“This can be a very destructive typhoon,” the chief secretary said Thursday, flanked by heads of various government departments. “We hope to minimize the damage.” Hong Kong was starting to feel the impact of Super Typhoon Saola as winds reached hurricane force and...
Insight: Coal miners forced to save for a rainy day by insurance snub
Dozens of insurers have announced restrictions on their cover for the coal industry, particularly for new projects, in response to pressure from shareholders, governments and environmental groups who want to limit coal’s contribution to global warming. This follows...
Curious share transfer case involving Axis Bank, Max Financial referred to RBI, SEBI: IRDAI
Last October, the Insurance Regulatory and Development Authority of India (IRDAI) had penalised Axis Bank Rs 2 crore for the share transactions which was done mainly to get excess remuneration as corporate agent of Max Life than permissible under the rules Chennai:...
Foreign investors remain net buyers in Indian stocks 6th straight month
“India remains in a sweet spot,” said Amnish Aggarwal, a head of research at Mumbai-based brokerage Prabhudas Lilladher Pvt. Stock markets in India stand out as they offer diversified opportunities along with a fast-growing economy, and this is in contrast to the...
Global EV sales grow 50%, China market faces slowdown
“Tesla is obviously a big influence, but increasingly Hyundai Kia, Volkswagen, BMW, and Mercedes are moving the needle in premium,” said Soumen Mandal, senior analyst for automotive New Delhi: The global electric vehicle (EV) sales grew 50 per cent (year-on-year) in...
Reliance Capital resolution plan all set to clear its final hurdle today
According to sources, based on this SC order, the NCLT is likely to follow the same path and dismiss Torrent’s plea. Prior to NCLT, Torrent Investment had approached SC and filed a plea seeking to restrain NCLT from considering IIHL's resolution plan, but in a setback...
LIC secures 107th position in Fortune Global 500 list
Life Insurance Corporation(LIC) is celebrating its 67th anniversary on Friday. With 13.47 lakh agents, LIC has taken many customer-centric initiatives and digital initiatives besides improving pricing and creating operational efficiencies Mumbai: With total 27.74...
GDP grows at 7.8 pc in Apr-Jun, India remains fastest growing economy
The expansion in ‘financial, real estate and professional services’ GVA was 12.2 per cent, up from 8.5 per cent in the year-ago quarter New Delhi: India recorded an economic growth rate of 7.8 per cent in the April-June quarter of 2023-24 and remained the fastest...
IRDAI allows modifications in some closed life products
The move will help the life insurers to provide enhanced flexibility while ensuring that policyholders benefits are not adversely impacted, the life insurers had told the IRDAI Hyderabad: The IRDAI has now allowed the life insurers to modify some of their products...
US judge set to decertify Google Play class action
Decision by U.S. District Judge James Donato in San Francisco could significantly reduce damages that Google, a unit of Alphabet, might owe over the distribution of Android mobile applications Consumers claimed they would have paid less for apps and enjoyed expanded...
Burger King must face lawsuit claiming its Whoppers are too small
U.S. District Judge Roy Altman in Miami said Burger King must defend against a claim that its depiction of Whoppers on in-store menu boards mislead reasonable customers, amounting to a breach of contract A U.S. judge has rejected Burger King’s bid to dismiss a lawsuit...
FBI and European partners seize major malware network in blow to global cybercrime
“Nearly every sector of the economy has been victimized by Qakbot,” Martin Estrada, the U.S. attorney in Los Angeles, said Tuesday in announcing the takedown. He said the criminal network had facilitated about 40 ransomware attacks alone over 18 months that...
Judge allows age-discrimination lawsuit against Elon Musk’s X to proceed
Elon Musk Illston ruled that the federal law banning workplace age bias allows plaintiffs to bring so-called “disparate impact” claims in a class action, an issue that has divided courts. A California federal judge has refused to dismiss a lawsuit accusing X, the...
Yale University settles lawsuit alleging it pressured students with mental health issues to withdraw
Under the agreement, Yale will modify its policies regarding medical leaves of absence, including streamlining the reinstatement process for students who return to campus. Yale University and a student group announced Friday that they’ve reached a settlement in a...
CJI warns lawyers, litigants about fake SC website created for phishing attacks
D Y Chandrachud, Chief Justice of India The top court has also issued a public notice and asked the public to neither click nor share any website links they receive without verifying their authenticity New Delhi: Chief Justice of India D Y Chandrachud on Thursday...
Sompo International appoints Vicky Sarjeant as Head of Energy Insurance, Asia Pacific
Sompo International, a global provider of commercial and consumer property and casualty (re)insurance, has appointed Vicky Sarjeant as Head of Energy Insurance, Asia Pacific. She will be based in Singapore, and report to Paul O’Neill, President of Commercial Lines,...
Howden makes new appointments for Asia Pacific and India
Howden has appointed of Bozidar Ljubisavljevic as executive director, Marine, based in its Singapore office. He is taking on a new role in Singapore to strengthen Howden’s value proposition for the benefit of marine and logistics clients in Asia Pacific. The broker...