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‘Gloomy’ information suggests ‘foreign hand’ behind cloudburst: KCR
K Chandrashekhar Rao,Chief Minister,Telangana ''A new method called cloudburst has come. They say there are conspiracies around it. We don’t know how far it is true. Some foreign countries are deliberately doing cloudbursts in our country. Earlier, they did it in Leh...
3 emergency landings of international airlines in India in last 48 hours
"We had two emergency landings of foreign operators on Saturday. Air Arabia at Cochin due to hydraulic issues and Ethiopian at Kolkata due to pressurisation issue," said an official In a third similar incident, on July 15, an aircraft of SriLankan airlines made an...
Wage-Revision: PSU general insurance unions threaten “2-day complete strike” from July 27th, demand pay parity with LIC
``In case of any failure on the part of our managements to revert on priority basis, we shall have no choice but to observe 2-day complete strike in PSGICs and GIC Re on 27th & 28th July 2022 and any other IR action as warranted, in consonance with the sentiments...
Shriram Group’s non-banking financial entities to get amalgamated by Dec qtr: MD & CEO YS Chakravarti
YS Chakravarti, Managing Director and CEO, Shriram City Union Finance Shriram City Union Finance Ltd (SCUF) has received shareholders' approval for the merger and it is expected to get the nod from the Insurance Regulatory and Development Authority of India (Irdai)...
Punjab CM gives nod to state disaster mitigation fund
Bhagwant Mann,Chief Minister,Punjab The chief minister said a total sum of Rs 729.60 crore will be available in the SDMF from 2021 to 2026, which will be instrumental in further augmenting the preparedness of the state for any sort of natural disaster Chandigarh:...
Pandemic, supply disruptions pose risk to food security; urgent actions needed says World Bank led joint statement
Citing World Food Programme data, the joint statement said the number of acute food insecure people increased to 345 million in 82 countries "Making matters worse, around 25 countries have reacted to higher food prices by adopting export restrictions affecting over 8...
Cargo plane with Serbian defence material crashes in northern Greece
Serbia's defence minister said the plane was carrying 11.5 tonnes of products made by its defense industry and the buyer was Bangladesh defense ministry. He said the crew members were killed. ATHENS: A Ukrainian cargo plane carrying munitions from Serbia to Bangladesh...
Pay GST on hospital rooms above Rs 5,000 from Monday
The government has now notified that all such clinical establishments including hospitals, nursing homes, and sanatorium would be liable to pay tax on the gross room rentals which is more than Rs 5,000 per day Services rendered by regulators such as RBI, IRDA and SEBI...
Terrorism, cyber crime main challenges before Mumbai Police: Top cop Phansalkar
Mumbai Police Commissioner Vivek Phansalkar ''Tackling terrorism is a challenge before the Mumbai police and our efforts are continuously on to keep the city safe and terror-free. The safety of every citizen here is the Mumbai Police's primary duty,'' he said Mumbai:...
Technical problem forces IndiGo plane to land in Karachi
"IndiGo flight 6E-1406, operating from Sharjah to Hyderabad was diverted to Karachi. The pilot observed a technical defect. Necessary procedures were followed and as a precaution, the aircraft was diverted to Karachi," IndiGo said in a press release New Delhi: Another...
No cooperative sector database so far; govt has begun work to create it: Amit Shah
Union Home and Cooperation Minister Amit Shah Union Home and Cooperation Minister Amit Shah said "neither do we have the database of cooperative societies of fishermen, nor do we have the database of cooperatives working in irrigation sector" Even, the Minister said,...
Garuda Aerospace to assist NDRF in flood affected Gujarat, AP
The drones would be deployed to deliver food and necessary medicines to people affected by the floods in Vadodara (Gujarat) and in Guntur, Andhra Pradesh Chennai: Drone start-up Garuda Aerospace has offered its assistance to National Disaster Response Force in...
ICICI Pru life posts a net profit of Rs156 crore in Q1FY2023
For Q1-FY2023, the life insurer has registered a 31.6% growth in its Value of New Business (VNB), a measure of profitability of a life insurer. The VNB of the company stood at Rs 471 crore with a VNB margin of 31% Mumbai: ICICI Prudential Life Insurance, the fourth...
PNB MetLife announces Rs 594 crore bonus for 4.95 lakh policyholders
PNB MetLife India Insurance Company (PNB MetLife) has announced a 12% higher bonus of Rs 594 crore for 4.95 lakh policyholders of participating products for FY22. Ashish Kumar Srivastava, MD & CEO, PNB MetLife, said, “This is the highest bonus that we have ever...
Centre declared Assam floods as ‘severe natural calamity’, providing funds for relief: Himanta
Assam has witnessed two waves of floods since April 6, with the second having been devastating, affecting 90 lakh people or one-third of the state's population, while 195 people have lost their lives and 37 people are still missing Guwahati: Centre has declared this...
CCI approves acquisition of Ageas Federal Life Insurance by Ageas Insurance
The proposed combination pertains to the acquisition of further shareholding in Ageas Federal Life Insurance Company Limited (AFLI) by Ageas Insurance International NV (Acquirer), CCI said in a statement New Delhi: The Competition Commission of India (CCI) on Friday...
Labour codes’ implementation at appropriate time: Bhupender Yadav
Union Labour Minister Bhupender Yadav The new laws are in tune with the changing labour market trends and at the same time accommodate the minimum wage requirement and welfare needs of the unorganised sector workers, including the self-employed and migrant workers,...
Emergence of new COVID variants a risk to global economic outlook: Moody’s
The study found the variant is four times more resistant to messenger RNA vaccines than earlier strains of Omicron, which include Pfizer and Moderna Covid-19 vaccines, Xinhua news agency reported Unvaccinated people have about a five times higher chance of contracting...