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Assam floods damaged 30,000 to 40,000 houses, says CM Himanta
Later, talking to journalists, Sarma said since Assam's flood has been labelled ''severe'' by a central team, which made an assessment of the flood situation, he sought an advance fund from the NDRF to enable the state to help the people whose houses were damaged by...
PSU general insurance employees defer their strike to 15 July
The Joint Forum of unions and associations of employees and officers in public sector general insurance companies(JFTU) has decided to defer their strike, to push for early conclusion of the industry's wage revision, to 15th July. In view of the fact that GIPSA...
IBA looks for consultant to to groom senior managers for top positions in PSU banks
It is expected that each year around 75 senior management participants will attend this programme on and off campus involving around 30 days (may include weekends) of various interventions during the 9.5 months leadership development journey Mumbai: The new formed...
PFRDA approves HDFC merger with HDFC Bank
''We wish to inform you that HDFC Limited has today i.e. on July 8, 2022, received an approval from PFRDA regarding change in its status/constitution pursuant to the Scheme in accordance with the PFRDA (Point of Presence) Regulations, 2018, subject to a condition that...
Amarnath Cloudburst: Casualties rise to 10, Amit Shah takes stock of situation
According to the Indo-Tibetan Border Police (ITBP) officials, the cloud burst occurred at the lower holy cave (Amarnath) at around 5.30 PM and the rescue teams rushed to the spot. Earlier, IGP Kashmir informed that as many as two people have died so far New Delhi:...
Insurance agents association urge IRDAI not to display commission on policies
The policyholders will bargain hard with agents to part with their due earnings without considering any kind of administration, technology development and other recurring and daily growing expenses including the sky-high rentals and salaries which would soon and...
Equity MFs see Rs 15,498-cr inflow in June amid volatile stock mkt
The lower quantum of net inflow from the previous month could be attributed to investors adopting the cautious path given the ongoing challenges to the investment environment New Delhi: Equity mutual funds witnessed a net inflow of Rs 15,498 crore in June amid...
Passengers avoid SpiceJet after mid-air safety failures: Survey
In a rare occurence, India’s aviation regulator on Wednesday said SpiceJet failed to build “safe, efficient and reliable” services in the wake of recent issues. It’s given the airline three weeks to explain why action shouldn’t be taken against it New Delhi:...
Need to ensure 100% renewables alongside electric vehicles to tackle climate crisis: Experts
''Changes in transport need to go hand in hand with changes in the wider energy system. We must increase reclamation and recycling in the batteries sector and see much more research and investment in battery technology. We also need to reduce the number of cars on the...
Heat stress rising in India, heat waves second biggest killer among natural forces
Data from the National Crime Records Bureau (NCRB) that also captures accidental deaths including those from climatic stress, shows that between 2015 and 2020, 2,137 people had reportedly died due to heat stroke in the states in the northwest. But the southern...
UN: 2.3 billion people severely or moderately hungry in 2021
"The most recent evidence available suggests that the number of people unable to afford a healthy diet around the world rose by 112 million to almost 3.1 billion, reflecting the impacts of rising consumer food prices during the (COVID-19) pandemic," the heads of five...
India’s international air passenger volume likely to hit 97 per cent of pre-Covid levels in FY23: Icra
''The steep ramp-up in international traffic during the last three months is supported by opening of major international destinations, easing of travel restrictions and increase in aircraft capacity deployment,'' said Abhishek Lahoti, Senior Analyst, Corporate...
Over two-thirds of India’s blue-collared employees earn less than Rs 15,000 per month: Report
Among the blue-collared workforce, women made Rs 12,398 on average -- 19 per cent less than their male colleagues, according to the report by staff attendance and payroll management app SalaryBox Mumbai: Over two-thirds of the country's blue-collared employees earn...
Coal pensioners’ body writes to PM Modi, seeks revision of post-retirement benefits
''We have written to the Prime Minister on July 5 on behalf of the 5.5 lakh pensioners seeking his intervention and stating our compelling decision to stage dharna from July 25 at Jantar-Mantar, New Delhi against non-review of CMPS-1998 and non-revision of pension,”...
Life insurance premiums rise by 40% to Rs 73,674 crore in Q1 Fy 2022-23
Recently listed LIC posted a 35.39 per cent growth in its new premium collection to Rs 48,201 crore in the June quarter 23 private sector life insurers led by SBI Life, at Rs 25,473 crore, registered a 48.75 percent growth in their new premium collection in the June...
Wage Revision: PSU general insurance employees unions call for strike on July 11
The Joint Forum of unions and associations of employees and officers in public sector general insurance companies have called the one-day strike for their demands including wage revision pending from August 1, 2017, increase in NPS contribution by 14 percent,...
Markel International expands renewable energy team with 2 key offshore wind appointments
These appointments are the latest in the build-out of a highly skilled and reputable team, equipped to provide a market-leading offering to its clients in the global renewable energy market London: Markel International, a subsidiary of Markel Corporation, has...
Miller acquires of Japanese broker Lead Insurance Services
Founded in 1994, Lead specializes in Hull, War Risks and Protection & Indemnity insurance, offering a highly complementary service to Miller’s current marine capabilities. Lead has a strong client base and has been working alongside Miller for a quarter of a...