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Fire breaks out at Delhi’s Uphaar Cinema Hall, no injuries reported
It is the same theatre where a massive fire incident on June 13, 1997 had killed 59 people and injured over 100 New Delhi: A fire broke out at Delhi's Uphaar Cinema Hall Sunday morning, officials said. No injuries have been reported in the fire that affected the...
Govt amends FEMA rules to allow 20% foreign direct investment in LIC
Setting the stage for the country's biggest-ever public offering, Sebi has approved the draft prospectus for sale of a 5 per cent stake by the government for an estimated Rs 63,000 crore According to the draft paper, LIC's embedded value, a measure of the consolidated...
Mutual funds add over 3 cr folios in FY22 on sharp rally in equity market, digitisation
The mutual fund space has been witnessing consistent growth in folio numbers in the past few years. It saw an addition of 73 lakh investor accounts in 2019-20, 1.13 crore in 2018-19, 1.6 crore in 2017-18, over 67 lakh in 2016-17 and 59 lakh in 2015-16 Mumbai: Mutual...
MACT awards Rs 39.95 lakh compensation to kin of road accident victim
Sawant was killed on October 2, 2017, by a speeding truck near Pen police chowky. The tribunal was informed by claimants' advocate Sachin Mane that at the time of the accident the deceased, who served as deputy accountant, was earning Rs 49,589 per month Advocate...
Study: Agriculture will play important role in reducing greenhouse gas emissions
Although most greenhouse gas emissions come from energy production, agriculture and changes in land use account for about 22 per cent of all carbon dioxide emissions. If these numbers could be reduced, either by curbing deforestation or turning to alternative...
India questions WHO’s methodology to estimate COVID-19 mortalities
The Union health ministry issued a statement in response to a New York Times article titled “India Is Stalling WHO's Efforts to Make Global Covid Death Toll Public” dated April 16, saying the country has on several occasions shared its concerns with the global health...
Mysterious liver illness seen in kids in US, Europe
“Given the increase in cases reported over the past one month and enhanced case search activities, more cases are likely to be reported in the coming days,” WHO officials said in a statement. The U.S. children ranged in age from 1 to 6 years old, and two required...
Okinawa Autotech to recall 3,215 units of Praise Pro electric scooter
Three of Okinawa's scooters have caught fire since October 2021, resulting in two casualties This is the first such move by any electric vehicle manufacturing company in India Bengaluru: Electric two-wheeler manufacturing company Okinawa Autotech on Saturday said it...
Rising Covid cases causing anxiety among Delhi traders, businessmen
After bearing the brunt of intermittent Covid waves and subsequent lockdowns over two years, things finally started to look upside for the businesses in the capital. However, the recent rise in cases has caused anxiety New Delhi: Delhi on Saturday witnessed another...
Country has moved away from token solution to total solution in healthcare sector: Mandaviya
Union Health Minister Mansukh Mandaviya While 1,17,400 Ayushman Bharat -Health and Wellness Centres (AB-HWCs) have been made functional, the government said it is committed to establishing 1,50,000 such centres by December 2022. More than one lakh have registered...
ICICI Pru Life net profit triples to Rs 185 cr in March quarter
N S Kannan, MD & CEO, ICICI Prudential Life Insurance said, "Despite the disruptions caused by the third wave of Covid-19, which impacted productivity in January and February, we were able to demonstrate resilience in our operations. In March, we posted the best...
Covid mRNA tech may create first-ever cure for heart attacks: UK scientists
Human heart has no capacity to heal itself after a heart attack But with the new technique called genetic tracking - built on the same technology used to create Pfizer and Moderna's Covid vaccines - can help new heart cells replace the dead ones and instead of forming...
Cyclones in Africa exacerbated by climate change: Study
“While our analysis clearly shows that climate change made the storms more damaging, our ability to establish precisely by how much was hampered by inconsistent data and lack of weather observations. This would also help to improve forecasts of extreme weather events...
Swiss Re chairman re-elected despite proxy adviser raising concerns about diversity
Sergio Ermotti, chairman, Swiss Re ISS recommended shareholders oppose the reappointment of Ermotti as a “signal of concern” over the lack of gender diversity on the reinsurer’s board. Ermotti told shareholders in a webcast that “abilities and experience” are also...
Oil traders to cut Russian oil purchases from May 15
Energy trading firms face compliance and reputational risks from the current raft of Western sanctions. They have to examine closely which entities they can pay as well as their employees' nationalities. Also, the lack of an outright ban complicates ending existing...
Windows under attack from Chinese threat actors: Microsoft
"As Microsoft continues to track the high-priority state-sponsored threat actor HAFNIUM, new activity has been uncovered that leverages unpatched zero-day vulnerabilities as initial vectors," the company said in a blogpost. San Francisco: Tech giant Microsoft has...
Normal monsoon season predicted, to mitigate some inflationary pressures
In terms of predictions, both Skymet and IMD have given a forecast for a 'normal' Southwest Monsoon for the current year at 99 per cent and 98 per cent of the long period average (LPA) respectively India has been relatively fortunate to receive a favourable pattern of...
Japan’s population down by record 644,000 people
Tokyo, saw its first population drop in 26 years, declining by 40,000 to a total of 14 million people The population of Japan has been shrinking for 11 consecutive years, but this year's fall is the greatest both in absolute numbers and in percentage terms The...