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Here is a masonry blog layout with no sidebarNew Zealand offers to buy out owners of homes damaged by Cyclone
Together with local councils, the government will offer to buy as many as 700 residential properties across the North Island that were damaged by Cyclone Gabrielle and heavy flooding earlier this year, Finance Minister Grant Robertson said Thursday in Wellington. It...
Shareholders to take call on listing: Future Generali India MD
India continues to be most attractive market for insurance players and premium for general insurance segment is expected to grow at 20 per cent in the next few years, said Anup Rau,Future Generali India Insurance(FGII) managing director Mumbai: Future Generali India...
83 pc Indians would delegate as much work as possible to AI: Microsoft report
'The next generation of AI will unlock a new wave of productivity growth, removing the drudgery from our jobs and freeing us to rediscover the joy of creation. The opportunity and responsibility for every organisation and leader is to get AI right -- testing and...
Canadian pension fund CDPQ puts brakes on China investment – FT
The Financial Times in February reported that Singapore's sovereign wealth fund GIC has reduced private investments in China Canada's second-largest pension fund Caisse de dépôt et placement du Québec (CDPQ) has stopped making private deals in China and will close its...
Aditya Birla Group to invest Rs 1,250 crore into its financial services arm
The board of Aditya Birla Capital Ltd (ABCL), which is into lending, asset management and insurance, on Thursday approved a preferential issuance of Rs 1,250 crore to its promoter and promoter group entity, according to a statement on Thursday Mumbai: Aditya Birla...
June 1 Renewals: Property-catastrophe pricing up 33%, says Howden Tiger
P&C reinsurance prices up an average 33% at 1 June (highest since early 90s), driven by financial market volatility, inflation, geopolitical tensions, recent weather losses and the Turkey earthquakeReinsurers are in a period of “heightened risk aversion” and stand...
IRDAI issues norms for deploying `Bima Vahaks’ to enhance insurance inclusion
There can be Corporate Bima Vahak, who are legal person registered in accordance with the respective laws of India and can be engaged by an insurer and Individual Bima Vahak, who can be individuals either appointed by an insurer or appointed by a Corporate Bima Vahak...
LIC,SBI among top 10 Indian brands in terms of value
Tata Consultancy Services (TCS) topped the 2023 50 Most Valuable Indian Brands list with a brand value of Rs 1.09 lakh crore followed by RIL, Infosys, HDFC, JIO, airtel, LIC, Mahindra, SBI and ICICI, New Delhi: As per the latest report by Interbrand, financial...
Report identifies leaders, laggards in e-vehicle transition
ICCT modeling indicates that nearly 100 per cent of new light-duty vehicles sold in leading markets in 2035 must have zero tailpipe emissions to put the transportation sector on a trajectory aligned with the goal of limiting global warming to below 2 degrees Celsius,...
Amazon fined $25 mn for violating children’s privacy law, deceiving parents
"Amazon's history of misleading parents, keeping children's recordings indefinitely, and flouting parents' deletion requests violated COPPA and sacrificed privacy for profits," said Samuel Levine, Director of the FTC's Bureau of Consumer Protection San Francisco:...
Delhi to have AI-based traffic system by 2024-end Official
Special Commissioner of Police (Traffic) Surender Singh Yadav said the government is putting a lot of emphasis on road safety due to the rising number of fatalities. “Around 2,300 crashes were reported in Delhi which accounted for 40 per cent pedestrian mishappenings....
Civil aviation ministry comes out with draft aircraft bill
As per the preamble of the Draft Aircraft Bill, 2023, it aims to have an Act to make better provisions for regulation and control of the design, manufacture, possession, use, operation, sale, import and export of aircraft and for connected matters New Delhi: The civil...
Climate change, strained infra worsen flood risk in India’s Silicon Valley- report
"Due to climate change, there has also been short duration, high intensity precipitation, further accentuating risks of flooding in the city amidst limited infrastructure to contain the same," the report said. Citing the example of Mumbai, the report called for...
Mumbai Metro 2A, 7 commuters get free accident, disability, death insurance cover
The policy also provides for compensation or upto Rs 500,000 for deaths and upto Rs 400,000 for permanent or partial disability, depending on its severity, informed MMMOCL Chairman & Managing Director S. V. R. Srinivas Mumbai: The Maha Mumbai Metro Operation...
Free treatment worth Rs 61,501 crore provided under AB PM-JAY scheme till date: Health ministry
During the year 2022-23, approximately 56 per cent of the total admissions (by amount) have been authorised in private hospitals, while 44 per cent of the admissions have been authorised in public hospitals. The AB PM-JAY beneficiaries can avail treatment...
Kotak Life announces bonus of Rs 840 crore to policy holders
Kotak Mahindra Life Insurance Company (Kotak Life) has announced a bonus of Rs 840 crore to more than 6.5 lakh eligible participating policyholders for FY 2023. This is an increase of 24% over the bonus declared for FY 2022. Mahesh Balasubramanian, Managing Director,...
India transformed in less than a decade:Morgan Stanley
The report highlighted the 10 big changes, including supply-side policy reforms, formalisation of the economy, Direct Benefit Transfer, Insolvency and Bankruptcy Code, focus on FDI and flexible inflation targeting. These changes are because of India's policy choices,...