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Here is a masonry blog layout with no sidebarAirbus, Qatar jetliner feud enters UK court spotlight
Qatar has grounded 23 of the A350 jets, voicing concerns over the safety impact of gaps in a layer of lightning protection left exposed by cracked and bubbling paint It says it will not take further deliveries until the cause is formally explained and is suing Airbus...
Russia credit insurance shows 99% chance of default within year
Credit-default swaps insuring $10 million of the country’s notes for one year were quoted at about $7.3 million upfront and $100,000 annually on Wednesday, according to ICE Data Services’ prices on Bloomberg. That’s up from about $5 million in advance last week, the...
BOC Aviation says lessors seeing ‘horrendous’ hikes in insurance costs
Over 400 leased planes worth almost $10 billion remained in Russia after a March 28 deadline to cancel the contracts in line with Western sanctions over the war in Ukraine, leaving lessors facing heavy potential writedowns or a long insurance battle The likely huge...
Nuanced, calibrated approach essential for launch of CBDC, says Reserve Bank DG
RBI is planning to come out with a central bank backed digital currency using blockchain technology in 2022-23. As far as India is concerned, he emphasised that RBI is looking at Central Bank Digital Currency (CBDC) as just as the digital form of paper currency and no...
Govt’s focus on affordable healthcare ensured significant savings for poor, middle class: PM
Prime Minister Narendra Modi On World Health Day, Prime Minister Narendra Modi pointed to some facets of this ''pathbreaking scheme'' such as more than 3.2 crore people got free treatment under the Ayushman Bharat Jan Arogya Yojana, over 18 crore Ayushman cards issued...
IRDAI to scrap licensing renewals for insurance brokers and other intermediaries: chairman Panda
Debasish Panda, chairman,IRDAI ``We have decided to dispense with renewal of registration for insurance intermediaries and allow their licenses in perpetuity,'' said Debasish Panda, newly appointed chairman of IRDAI while addressing a press conference in Mumbai...
New IRDA chief Panda launches `Reforms 2.0′ for Indian insurance industry
Debasish Panda,chairman, IRDAI ``After two-decades of liberalisation, the Indian industry is matured and have to be given more freedom in fixing market determined pricing and launching innovative products,’’ said Panda, who retired as secretary of the department of...
Air India cancels Delhi-Moscow flight over insurance issues amid war
The Air India's Delhi-Moscow flight that was scheduled to operate on Thursday stands cancelled, the sources said They stated that the flight was cancelled as it was feared that the insurance may not be valid in Russian skies New Delhi: Air India on Thursday cancelled...
Suspected Chinese hackers collect intelligence from India’s power grid
The hackers focused on at least seven “load dispatch” centers in northern India that are responsible for carrying out real-time operations for grid control and electricity dispersal in the areas they are located, near the disputed India-China border in Ladakh, the...
“Every Indian should have at least one life insurance and a health cover ” says new IRDAI chief unveiling his new industry agenda
Debasish Panda, chairman, IRDAI IRDA chief has hinted that insurers don’t need IRDAI approvals for every product ``Each life insurer has actuaries to design their products that can be approved its own board. You should design product so that you can reach out every...
Maruti to recall 19,791 Eeco units to rectify marking of wheel rim size
In a routine inspection, the country's largest carmaker found that in some units of Eeco, manufactured between July 19, 2021 and October 5, 2021, the wheel rim size was incorrectly marked, the company said in a regulatory filing New Delhi: Maruti Suzuki India (MSI) on...
India detects first ‘XE’ variant of COVID-19 in Mumbai
However, the Union Health Ministry is yet to confirm the detection of the first XE variant in the country According to the sources, the Indian SARS-CoV-2 Genomics Consortium (INSACOG) is doing a deep genomic analysis of the case as a follow-up declared XE positive by...
Big online firms face 0.1% supervisory fee under new EU rules
The move comes as the Commission seeks new sources of revenue to fire up the region's economic growth in the wake of the pandemic and also foster a greener and more digital economy. "The overall amount of the annual supervisory fees shall be based on the estimated...
8 reasons not to give up hope - and take climate actionAlthough once again the scientific community has made clear this week that we are not doing enough to limit global warming to the crucial 1.5°C threshold, the findings of the latest Intergovernmental Panel of...
Insurer Tokio Marine says Greensill took out policies fraudulently
Credit Suisse said in a statement that the insurance policies were valid, and that it would also “vigorously defend” its position to preserve the rights of the supply chain finance funds and their investors Companies linked to insolvent British financier Lex Greensill...
HDFC Bank’s $40 billion deal may face regulatory hurdles over insurance, analysts say
HDFC Life and HDFC ERGO are among the leading life and general insurance companies in the private sector, and analysts say the RBI is unlikely to be comfortable with the size of the insurance operations the deal will give the bank Mumbai: HDFC Bank's $40 billion deal...
Solar Storm to Hit Earth, Airlines to monitor radiation levels
A G3 storm can trigger false alarms for protection devices in power grids, create drag on low-orbiting satellites and disrupt high-frequency radio traffic In early February, Space X lost 40 Starlink satellites when they were launched into a geomagnetic storm A solar...
18th SIRC 2022 will be an in-person event during Oct 31- Nov 3, 2022
“Our unswerving focus is to ensure that this year’s SIRC is as close as possible to the last pre-pandemic event held in 2019 - delivering both leading-edge insights and unparalleled networking opportunities,” said SRA Chairman Marc Haushofer It will have an online...