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Here is a masonry blog layout with no sidebarCollision between India-bound planes averted in Dubai, DGCA asks UAE to share probe report
EK-524 Dubai to Hyderabad was scheduled for take-off at 9:45 PM and EK-568 Dubai to Bengaluru Emirates flight was also scheduled to take off for its destination. Unfortunately, the two aircraft that were scheduled for take-off came on one runway Hundreds of lives were...
Aurizon and Anglo American look to hydrogen-powered trains in Australia
As part of its commitment to carbon neutral mines by 2040, Anglo American has taken a global lead in the development of green hydrogen solutions for its ultra-class 290 tonne payload mine haul trucking fleet. As part of its commitment to carbon neutral mines by 2040,...
Nokia and Schweizer Electronics deploy first ever AI-based video analytics to improve railroad crossing safety
Karsten Oberle, Head of Rail at Nokia, said: “As the first deployment of its kind in Europe, this project with Schweizer Electronics and BLT enabled us to address many of the level crossing safety issues which are at the top of priority lists for rail operators. It is...
For BP, car chargers to overtake pumps in profitability race
"If I think about a tank of fuel versus a fast charge, we are nearing a place where the business fundamentals on the fast charge are better than they are on the fuel," BP's head of customers and products Emma Delaney told Reuters BP says its fast electric vehicle...
Minimum 6 airbags to be made mandatory in vehicles that can carry up to 8 passengers: Gadkari
According to Gadkari, this will ultimately ensure the safety of passengers across all segments, irrespective of the cost/variant of the vehicle The latest government data show, there were total 1,16,496 road accidents occurred on national highways (NHs), including...
SCOR and Swedish pension fund Alecta enter a strategic partnership through the Atlas Gotland sidecar
With this investment, Alecta will benefit from the performance of SCOR Global P&C’s diversified portfolio of property catastrophe reinsurance through a multi-year agreement Paris: SCOR announces that it has secured a USD 200 Million investment by the Swedish...
Lloyd’s and London market insurers tap DXC Technology to transform the world’s largest insurance marketplace
John Neal, CEO of Lloyd’s said: “With the respective commitments of DXC, Lloyd’s and the entire London market, we have the capabilities to transition to a single platform solution that will provide automated processing and accounting for the market, a substantial...
New life reinsurer “Martello Re” launched, funded by MassMutual, Centerbridge Partners and Brown Brothers Harriman
The company will initially focus on providing MassMutual and its subsidiaries with reinsurance capacity on current product offerings, after which it will offer its services selectively to other top insurers in the life and annuity space HAMILTON, Bermuda and...
‘Significant discipline’ at Jan. 1 reinsurance renewals may set tone for ’22:S&P
Retrocession capacity is becoming scarcer and more expensive, particularly at lower coverage layers and where it is offering protection against loss frequency. This is because capital markets investors who finance a large part of the market have grown weary of...
Passenger vehicle sales in India dip 13 pc in December: SIAM
As per the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales also fell 11 per cent to 10,06,062 units, compared to 11,27,917 vehicles in December 2020 New Delhi: Passenger vehicle wholesales in India declined 13 per cent to...
2021 fifth warmest year in India since 1901: IMD
The India Meteorological Department (IMD) said thunderstorms and lightning reportedly claimed 787 lives in India in 2021, while 759 people died in heavy rainfall and flood-related incidents New Delhi: The year 2021 was the fifth warmest year in India since 1901, with...
Budget session of Parliament to begin on Jan 31
The Union Budget for 2022-23 will be laid in the Rajya Sabha after its presentation in Lok Sabha on Tuesday, February 1 at 11.00 am New Delhi: Budget session of Parliament is set to commence on January 31 and will conclude on April 8. The first half of the budget...
Indian markets gains likely to be muted in 2022; 9% upside for Nifty by Dec: Report
The market rally that began from June 2020 and lasted till October 2021 will not hold this year and the return will be in high single-digit of say up to 9 per cent, Amish Shah, a research analyst at the brokerage, said and expects Nifty at 9,100 by December He also...
Rise in households’ inflation expectations impacts their savings in bank term deposits: RBI paper
Especially in the case of a developing economy, it is desirable for households to save in financial instruments like debt or equity, which can be utilised further into production enhancing activities, the paper said. However, considering the still nascent stage of...
Canada opens probe into Tesla’s heating system on consumer complaints
A number of Tesla owners complained that the heat pumps are failing in extreme cold temperatures, according to Drive Tesla Canada, a Tesla news provider. The report said the heating problems happened even after Tesla early last year replaced faulty sensors in heat...
After six-week surge, Africa’s Omicron-driven fourth pandemic wave flattens: WHO
WHO Director-General Tedros Adhanom Ghebreyesus voiced concern that even though more than 9.4 billion vaccine doses have now been administered globally, 90 countries did not reach the target of vaccinating 40 per cent of their populations by the end of last year, and...
WHO recommends two new drugs to treat patients with COVID-19
According to the WHO Guideline Development Group, it is “strongly recommended” for patients with severe or critical disease in combination with corticosteroids. The group of international experts based their recommendation on “moderate certainty evidence” that it...
Equity-oriented funds drive MF assets to record high in 2021 at Rs 37.7 lakh cr : Report
2021 saw investors put a larger amount of their money in equity-oriented funds, drawn by the strong gains in the underlying equity markets. While equity funds got net inflows of Rs 91,000 crore, passive funds saw Rs 1.14 lakh crore coming in and hybrid funds Rs 1.02...