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Here is a masonry blog layout with no sidebarWill ask states to pay heavy compensation for dog-bite incidents: SC
"For every dog bite, death or injury caused to children or elderly, we are going to ask the state governments to pay heavy compensation, as they did not do anything on implementation of norms in the past five years. Also, responsibility and accountability will be...
SC delivers split verdict on Section 17A of PC Act mandating sanction to probe govt servants
Section 17A of the Prevention of Corruption Act, 1988, introduced in July 2018, bars any “enquiry or inquiry or investigation” against a public servant for recommendations made in discharge of official duties without prior approval from the competent authority. New...
Natural disasters cause US$224bn global damage in 2025, insured losses at US$ 108bn, says Munich Re
In the Asia-Pacific region, natural disasters resulted in overall losses amounting to roughly US$ 73bn; this is above the 10-year average of US$ 66bn. Only US$ 9bn was insured. In many lower-income countries, insurance penetration remains below 5% Munich: Natural...
Inequality top economic concern for youth globally:WEF survey
More than 56 per cent identified climate change and environmental degradation as the greatest threat to the world; personally, 51 per cent cited inflation and instability as their greatest worry, while 41 per cent identified climate change as the second most...
Tamil Nadu pays Rs 1237.80 cr of premium to UII for renewing state’s health insurance scheme in 2026-27
The scheme provides cashless hospitalization for specific ailments/procedures up to ₹5,00,000 per family per year on a floater basis and from January 2022 to 2027, the scheme is being implemented through UII. Chennai:The Govt of Tamilnadu on Monday has renewed their...
Aon promotes Neha Shah as head of its Life and Health (L&H) business India
International broker Aon has promoted Neha Shah as to head its Life and Health (L&H) business India. Shah, an actuary, who had joined Aon's L&H team last year, will be responsible for leading and supporting the strategy execution for the reinsurance business...
Nexus acquires medical tourism specialist Sure Insurance Services
The business will become part of Millstream Underwriting, which has been owned by Nexus since 2015 London: Nexus Underwriting (Nexus), announced today that it has acquired Sure Insurance Services (Sure), a leading provider of specialist solutions for the medical...
Willis makes new leadership appointments in Asia
These changes and new leadership roles recognise the significant opportunities and increasing complexities companies face within the Natural Resources and Construction industries in Asia Singapore: Willis, a WTW business, today announced new appointments to its...
Nvidia,Tesla chase same self-driving goal via varying paths
Tesla and Nvidia are fundamentally different companies. Tesla makes cars and builds the full system end to end. Nvidia builds chips and software that others use Jensen Huang took the stage at the CES trade show in Las Vegas this week to make the clearest pitch yet for...
SC seeks responses on PIL seeking AYUSH doctors be declared as Registered Medical Practitioners
The plea has sought a direction to declare that AYUSH doctors are also covered under section 2(cc) of the Drugs and Magic Remedies (Objectionable Advertisements) Act, 1954, as 'registered medical practitioners'. New Delhi: The Supreme Court on Monday sought responses...
Russian-bound tanker hit by drone in Black Sea, maritime sources Say
In late November, shipping insurance rates rose after Ukrainian naval drones hit two Russia-bound tankers in the Black Sea, incidents that prompted Moscow to threaten retaliation and Ankara to urge calm. Another vessel, Russian-flagged, said in early December that it...
China urges Nestlé SA to work quickly in recalling baby formula products
While Nestlé has yet to tally the total cost of the global recall, it does not expect a significant financial impact. The affected batches represent significantly less than 0.5% of annual group sales, Nestlé said. However, some analysts are estimating a potentially...
Sompo aims at higher-yielding overseas credit to boost profits as traditional business flounders
Globally, private credit has grown into a $1.7 trillion market. Lending spreads have narrowed compared with 2023 due to intensifying competition, but for Sompo the debt remains attractive because spreads are still wider than other credit products. Tokyo:Sompo Holdings...
AXA assesses losses from deadly fire in Swiss mountain resort of Crans-Montana killing 40
French insurer AXA SA said that it has provided liability insurance to Crans-Montana and a business liability insurance for “Le Constellation.” Both policies are “standard products” and the sum insured is limited, AXA’s Swiss unit said in a statement With flags...
Indian households turn investors, bank deposits surge: SBI report
"Indian households across states are turning from savers to investors. Juxtaposing incremental deposits between FY20-25 and incremental investors during the same period reveals states such as Gujarat, West Bengal, Madhya Pradesh, Andhra Pradesh and Karnataka, etc....
Gold, silver prices hit fresh highs amid global uncertainties
Spot gold price surged 1.45 per cent at $4,575.82 an ounce, after hitting a fresh record high of $4,601.17 level. Silver prices gained 4.85 per cent to touch $83.19, after hitting a record high of $83.88.The surge to fresh record highs was supported by rising...
India to deepen engagement with Singapore-based ship safety agency
Overall, ReCAAP engagement with the law enforcement agencies has been good and a successful arrangement is in place for ships to sail through Asian waters safely, though the weakest point is still the Straits of Malacca and Singapore (SOMS), where sea robberies have...
Govt proposes forcing smartphone makers to give source code in security overhaul
The plan is part of the Modi government's efforts to boost security of user data as online fraud and data breaches increase in the world's second-largest smartphone market, with nearly 750 million phones New Delhi:India proposes requiring smartphone makers to share...