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Here is a masonry blog layout with no sidebarBoeing may win order for up to 80 737 Max jets from India’s Akasa
Any transaction would allow Boeing to establish itself firmly in a market dominated by Airbus aircraft. Market leader IndiGo is the world’s largest customer for the European planemaker’s best-selling jets with orders for more than 700 planes, while the Indian...
Showers, flooding toss Chennai; 14 killed in rain battered TN
The state government said 14 people were killed so far in rain-related incidents in Tamil Nadu. Chief Minister M K Stalin held discussions with Ministers chaired a meeting of top state officials led by Chief Secretary V Irai Anbu to review the rain situation. The CM...
One nation, one portal to redress public grievances soon: Union minister Jitendra Singh
He said efforts are being made to integrate state grievance portals with the Centre's CPGRAMS (Centralised Public Grievance Redress and Monitoring System), an online system that mainly allows filing of complaints by people against different central government...
Risky business: Climate change turns up the heat on insurers, policyholders
Given the momentum, it is no surprise that traditional models cannot keep up, Bruce Carnegie-Brown, chairman of insurance market Lloyd's of London told Reuters. "If you’ve reached an exponential part of the curve where suddenly, something’s accelerating, it’s almost...
India set to become world’s fastest-growing economy, Finance Ministry report says
The report said, softening retail inflation and adequate liquidity in the market are also reflected in largely stable G-Sec and corporate bond yields since July 2021. New Delhi: Armed with necessary macro and micro growth drivers, India is on its way to becoming the...
Depression to cross coast between TN and AP around Chennai this evening, says IMD
"It is very likely to continue to move west-northwestwards and cross north Tamil Nadu & adjoining south Andhra Pradesh coasts around Chennai by the evening of today," it added. As a result, Deputy Director General of Meteorology, S Balachandran said said, Chennai...
Fintech funding in Southeast Asia triples to record $3.5 bln this yr – report
Singapore, Southeast Asia's financial hub, accounted for nearly half of the region's deals at $1.6 billion, including six mega rounds worth a combined $972 million. The next most active was Indonesia, the region's most populous country, with $904 million raised,...
QBE Re launches life reinsurance for MENA with addition to Dubai office
The newly created role marks an expansion of QBE Re’s offering in the region to focus on growing opportunities in the MENA life reinsurance market. QBE Re has appointed Mohamed El Sabri as Head of Life Reinsurance for Middle East and North Africa (MENA).Subject to...
Flooding: more likely, more extreme and more unpredictable
-Unprecedented weather patterns are challenging the flood risk landscape, which was previously well defined by government and historic records-Many flood damages occur outside of mapped river floodplains, and companies outside larger hazard zones can still be affected...
DAS SAYS GDP TO CLIP AT 9.5% AS GROWTH IMPULSES STRONG
Reserve Bank Governor Shaktikanta Das Mumbai: Stating that growth impulses and the fast-moving economic indicators are strong, Reserve Bank Governor Shaktikanta Das on Wednesday exuded Crediting various measures taken by the government and RBI for the...
U.S. auto safety regulator awards over $24 mln to Hyundai Motor whistleblower
The payout to Kim is the first under the U.S.Motor Vehicle Safety Whistleblower Act, passed by Congress in 2015 to create a whistleblower reward program in the Department of Transportation for industry insiders who provide information to safety regulator The U.S. auto...
WTW partners with Indeez for gig workers and digital platforms in Asia Pacific
Simon Weaver, Head of Corporate Risk & Broking, Asia Pacific, and Head of Australasia, WTW said: “Prior to the outbreak of COVID-19, the International Labour Organisation estimated that 1.3 billion people were working in the gig economy in 2018 in this region. The...
Equity MFs log Rs 5,215-crore inflow in Oct amid rally in markets
Equity schemes have been witnessing a net inflow since March this year and the segment has received a net inflow of Rs 73,766 crore during this period, highlighting the positive sentiments among investors. Before this, such schemes had consistently witnessed outflows...
Electric vehicle sales set to jump 80% in 2021: Report at COP2
In the first half of 2021, sales of passenger electric vehicles (including battery electric, plug-in hybrid and fuel cell vehicles) were 140 per cent higher than the same period in 2019, reaching seven per cent of global passenger vehicle sales. Glasgow:Passenger...
LIC leads in individual insurance, pvt sector in group insurance
According to a research report by Emkay Global Financial Services Ltd, the new retail policy count remained anemic for most private players barring SBI Life Insurance. “The reinsurance price increase and tightening of underwriting processes led to lower sales of pure...
“For 2021, we expect the pricing to maintain. In the non-proportional segment, pricing is soft and challenging” GLN Sarma,CEO, Hannover Re, India Branch
Germany based Hannover Re, is the third-largest global reinsurance group, with a gross premium of around €24 billion. It has set up its India branch office in Mumbai three years back and has ambitious plans for India as part of its long term Asian growth strategies....
Six major carmakers agree to phase out fossil-fuel vehicles by 2040, UK says
Cars, trucks, ships, buses and planes account for about a quarter of all global carbon emissions, data from the International Energy Agency showed, of which the bulk comes from road vehicles. GLASGOW: Six major automakers on Wednesday will commit to phasing out the...
Heat waves kill thousands of Indians every decade
Heat waves kill thousands of people every decade. Ahmedabad, a city in the western state of Gujarat, lost more than 1,300 people in 2010 when temperatures hit 47 degrees Celsius. In India’s desert state of Rajasthan, where temperatures frequently reach 40 degrees...