Welcome to My Blog
Here is a masonry blog layout with no sidebar
Apple hit with EU antitrust charge over mobile payments technology
"We have indications that Apple restricted third-party access to key technology necessary to develop rival mobile wallet solutions on Apple's devices," EU antitrust chief Margrethe Vestager said in a statement BRUSSELS: Apple faces a possible hefty fine and may have...
DGCA starts multidisciplinary probe on SpiceJet Flight turbulence
A total of 15 people, 12 passengers and three cabin crew members, were injured in this flight due to severe turbulence, said officials of the Directorate General of Civil Aviation (DGCA) New Delhi: Aviation regulator DGCA on Monday said it has instituted a...
LIC’s Rs 21k IPO sees strong demand from anchor investors
Norwegian wealth fund Norges Bank Investment Management and Singapore sovereign wealth fund GIC have subscribed to the anchor book, the source said Alongside other global funds, domestic mutual fund houses such as HDFC mutual fund, SBI, ICICI and Kotak have also come...
India’s Covid positivity rate past 1% again after 2 months
The number of active cases rose by 408 in a 24-hour span to reach 19,500, the data updated at 8 am showed New Delhi: India's Covid case positivity rate went past one per cent again after over two months as the country witnessed a single-day rise of 3,157 infections...
Centre to host 3-day ‘Health Summit’ at Gujarat’s Kevadia from May 5
In order to boost "Ayush", the Centre has also announced that they will be issuing a separate category of visas for those who want to travel to India for medical reasons and would want to avail of AAYUSH facilities New Delhi: Union Health Minister Mansukh Mandaviya...
China contagion threatens to derail the world’s emerging markets
“Given China’s importance in global supply chains and importance to global growth prospects, further disappointments in the nation’s growth may lead to more contagion risk. We see countries with high trade linkages to China as being the most vulnerable” Johnny Chen...
Nobody can be forced to undergo COVID-19 vaccinations, says Supreme Court
Regarding segregation of vaccine trial data, subject to privacy of individuals, all trials conducted and to be subsequently conducted, all data must be made available to the public without further delay, it said The apex court also directed the Union of India to...
India has court backlog of 40 million cases, chief justice says
NEW DELHI: India has more than 40 million cases pending in lower courts, the country's chief justice said on Saturday, highlighting a huge backlog in the legal system. Courts were falling short of judges crucial to their efficient function, NV Ramana told a conference...
AM Best maintains its negative market segment outlook on India’s non-life insurance
The Best’s Market Segment Report, titled, “Market Segment Outlook: India Non-Life Insurance,” states that key lines of non-life business, including health, motor and crop insurance, have been challenged for several years by poor underwriting performance. Despite an...
FPIs outflow continues for 7th straight month; withdraw Rs 17,144 cr from equities in Apr
This makes foreign investors net sellers to the tune of Rs 17,144 crore in April, much lower than a net withdrawal of Rs 41,123 crore in March, data with depositories showed New Delhi: FPIs outflow continues for 7th straight month; withdraw Rs 17,144 cr from equities...
LIC IPO gets larger bids from anchor investors
Singapore’s GIC Pte and Norway’s sovereign wealth fund are among the anchor investors Mumbai: Life Insurance of Corporation of India’s initial public offering gets bids from large investors for twice the size of the anchor book, according to people with the knowledge...
EV fire incidents will be probed; industry bound to grow beyond our imagination: Transport Secy
Recently, Road Transport and Highways Minister Nitin Gadkari, who is known for his frank views, had said the companies found negligent will be penalized and a recall of all defective vehicles will be ordered after the expert panel submits its report. New Delhi: Amid...
Go Digit clocks Rs 5,000 cr premium in FY22 on strong growth in motor, health insurance
Further, the company settled over 6.79 lakh claims worth Rs 2,186 crore during the year. Digit said it has insured over 3.85 lakh electric vehicles in the fiscal ended March 2022 and insured nearly 40,000 corporates under its group health business. Also, as many as 10...
Supply chains continue to face hurdles, global economy faces recovery challenges
The Swiss company has developed its own disruption indicator called Seaexplorer. At its peak the end of February, the measure showed about 17 million container waiting days — essentially cargo that’s bogged down in congestion globally Global supply chains are knotting...
LIC keen to retain some stake in IDBI Bank for bancassurance gains: Chairman
MR Kumar , chairman,, LIC “Strictly speaking, we are below the threshold limit of management control but then, what government really means is that management control is to be given in such a way that a private entity picks up and runs the bank, and government in the...
IMD to launch Urban Meteorological Services in 50 cities
Metro cities such as Mumbai, Hyderabad, Kolkata, Chennai and Bengaluru are expected to see the launch of Urban Meteorological Services in the first phase which will be later expanded to more cities. Under the UMS, the IMD provides current weather observations, air...
Premature to attribute extreme heat in India, Pakistan solely to climate change but heatwaves more intense: WMO
Heatwaves have multiple and cascading impacts not just on human health, but also on ecosystems, agriculture, water and energy supplies and key sectors of the economy,” the WMO said adding that the risks to society underline why it is committed to ensuring that...
Some Indian regions have hottest April in 122 years, no respite in May: IMD
Mrutyunjay Mohapatra, director general of India Meteorological Department (IMD), said parts of northwest and west central India--Gujarat, Rajasthan, Punjab and Haryana--will continue having normal temperatures in May as well The heatwave could affect agriculture by...