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Govt appoints N Ramaswamy as GIC Re CMD, Rajeswari Singh to head NIC
(Lto R) Narayanan Ramaswamy, CMD-designate, GIC Re and Rajeswari Singh,CMD-designate, National Insurance Company Ramaswamy will get exactly a two-year term till Sept, 2025,while Singh, who started her career in the crop cell of General Insurance Corporation in 1987,...
Parkinson’s may quietly progress undetected for years: Study
By identifying the mechanisms involved in the secretion of dopamine in the brain, the research could help to identify new approaches to reduce the symptoms of this incurable neurodegenerative disease, the researchers added Parkinson's may progress quietly but...
People with bipolar disorder 6 times likelier to die from suicide, accidents or violence: Study
People with bipolar disorder are known to face a heightened risk of premature death. However, the drivers behind this, especially the role of physical illnesses, were unclear, which this study aimed to understand, researchers from Niuvanniemi Hospital, Finland, and...
Govt eases Covid guidelines for i’ntl travellers, drops RT-PCR requirement
The new guidelines shall come into effect from midnight of July 20 New Delhi: The Union Health Ministry has further eased COVID-19 guidelines for international visitors, dropping the earlier requirement for RT-PCR based testing of a random two per cent subset of...
All new tourist vehicles in Goa to be EVs from Jan 2024: CM Sawant
Chief Minister Pramod Sawant said new vehicles purchased by the government from January 2024 will mandatorily be EVs As per a recent study, 40 per cent of the total carbon emission generated in Goa is due to the operation of vehicles, he said. Panaji: All new tourist...
Exec tells first UN council meeting that big tech can’t be trusted to guarantee AI safety
Jack Clark, co-founder of the AI company Anthropic warned of "potential threats to international peace, security and global stability" from two essential qualities of AI systems – their potential for misuse and their unpredictability "as well as the inherent fragility...
Biden administration announces a cybersecurity labelling programme for smart devices
“It will allow Americans to confidently identify which internet- and Bluetooth-connected devices are cybersecure,” deputy national security adviser Anne Neuberger told reporters in a pre-announcement briefing The proliferation of so-called smart — or Internet of...
Morgan Stanley moves 200 technologists out of China on data law – Bloomberg News
The U.S. views the new counterespionage law as a potentially harmful to U.S. firms Morgan Stanley is shifting more than 200 technology developers out of China after the country tightened access to cache of data stored onshore, Bloomberg News reported on Tuesday,...
Israeli surgeons reattach Arab boy’s head after ‘internal decapitation’
"The injury is extremely rare, but we do know that because children between ages four and ten have heads that are large in relation to their bodies, they are more susceptible than adults," Dr Ohad Einav, the orthopaedic specialist who led the extremely rare surgery...
Road accidents top cause for youth’s, kids’ death globally; India loses 1.5 m lives every year: FICCI-EY report
''1st rank in road fatalities is held by India (11 per cent share in the world). Every year India loses 1.5 million lives in road crashes…Every year we lose a number of people the size of the population of Estonia,'' the report titled 'Road Safety in India -...
PFRDA to allow funds to invest in sovereign green bonds: Chairman Deepak Mohanty
Deepak Mohanty,Chairman, Pension Fund Regulatory and Development Authority The government is expected to issue sovereign green bonds in the second half of the current financial year as part of the overall market borrowing programme New Deelhi: Pension Fund Regulatory...
Ukraine cargo insurance policy suspended after Russia quits grain deal -Marsh
"It is currently on pause," said David Roe, head of UK cargo at Marsh, which acted as the facility's broker LONDON: A cargo insurance facility providing cover for Ukraine grain shipments via a safe sea corridor has been suspended after Russia quit the United...
Cholamandalam MS Insurance appointed as lead insurer for West Bengal
Chennai based Cholamandalam MS Insurance has been appointed lead insurer for West Bengal by the IRDAI. In this role, the general insurer will focus on various aspects of health protection, coverage against natural calamities, increasing employment opportunities for...
ICICI Pru net profit rises 33 pc to Rs 207 crore in April-June quarter
Anup Bagchi, managing director & chief executive who assumed office mid-June, attributed the performance to the customer-centric approach and said the company will continue to focus on growing the absolute VNB Mumbai: Backed by robust investment income, ICICI...
ICICI Lombard net jumps 11.8 pc to Rs 390 crore in June quarter
Bhargav Dasgupta, MD & CEO, ICICI Lombard General Insurance The combined ratio, a key profitability metric, improved to 103.8 per cent in the reporting quarter compared to 104.1 per cent in Q1 FY23 Bhargav Dasgupta, MD & CEO, ICICI Lombard General Insurance,...
Above-average global natural catastrophe insured losses reach estimated $52 billion in H1 2023: Gallagher Re
For all perils, the US accounted for 76% of all global insured losses. Thunderstorms in Europe during June also brought a billion-dollar insurance bill to parts of Germany and France “Governments and private organizations are accelerating their investments to help...