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Here is a masonry blog layout with no sidebarFPI outflow shoots past Rs 1 lakh crore mark in 2022
Foreign portfolio investors have sold domestic equities worth Rs 48,261.65 crore so far this month, taking the year-to-date tally this year to a massive Rs 1,14,855.97 crore, according to depositories data. The exodus of foreign investors was largely owing to...
Carbon-based taxation system to help OEMs commit more towards green tech: Lexus
''We have seen in developed nations that carbon-based taxation has taken precedence over any other way to define vehicle taxation policies that we think solves many purposes,'' Lexus India President Naveen Soni told PTI in an interaction A carbon-based taxation system...
Indian airlines operators expected to add 120 new aircraft/year: Scindia
''India is looking at tremendous expansion. Expansion in the area of airlines, expansion in the area of airports. And therefore, fleet augmentation is also important. A country that had a fleet of only 400 aircraft in the year 2013-14 has grown to a fleet of 710...
SCOR appoints Mukul Kishore as APAC chief
Mukul Kishore, CEO, SCOR Global P&C, APAC This is the first time an Indian has been appointed at such a senior level position of the fourth largest global reinsurer In its India operations, Parag Gupta, chief underwriting officer(CUO) has been made...
IVF children have better quality of life as adults, finds study
“When accounting for other factors present in young adulthood, being ART-conceived appears to confer some advantages in quality of life. Perhaps unsurprisingly, we also found that, independently of how the person was conceived, having a better relationship with...
New EU rules regulating U.S. tech giants likely to set global standard
Europe's antitrust chief Margrethe Vestager won backing on Thursday from European Union members and EU lawmakers for her proposal, the Digital Markets Act (DMA), to rein in the powers of the tech giants via legislation for the first time, rather than lengthy antitrust...
Number of vehicles on Delhi roads increased by 3.03 pc in 2020-21 over previous year: Report
The report said of the over 1.22 crore vehicles, 82,39,550 are two-wheelers while 33,84,736 are cars and jeeps The city also has 1,14,869 autorickshaws and 1,12,401 taxis New Delhi: The total number of vehicles in the national capital increased by 3.03 per cent in...
LS passes Finance Bill; completes budgetary exercise for FY23
The number of taxpayers has increased to 9.1 crore from 5 crore a few years back, she said, adding the government is taking steps to widen the tax base and the faceless assessment has been received well by the people She further said that IFSC in Gujarat is making...
Airbus partners with Airlift Global for chopper ambulance service in India
Under the partnership, Airbus and Airlift Global would jointly develop a pilot project integrating air ambulance and medical emergency service for improved healthcare accessibility and connectivity in both urban and rural environments Aircraft-maker Airbus on Friday...
EU-U.S. data transfer deal cheers business, but worries privacy activists
"A new agreement will provide companies of all sizes the legal certainty to transfer, analyze, and use data on both sides of the Atlantic. The ability to move data is critical in today’s digitally connected economy," said U.S. Chamber of Commerce Executive Vice...
Saudi Aramco storage petroleum facility hit by Houthi attack, causing fire
The Iran-aligned Houthis, who are battling the coalition led by Saudi Arabia, have intensified attacks on energy facilities in the kingdom, the world's largest oil exporter. This week, Riyadh said it would not bear responsibility for any global oil supply disruptions...
Prominent insurance brokers probed by for Bribery and Corruption by UK Serious Fraud Office
The investigation is linked to a U.S. Department of Justice probe into corruption at Ecuador’s state-run insurance fund, Seguros Sucre The insurance firm, which is in the process of being liquidated, is emblematic of a culture of graft that has kept former President...
Covid variant worse than Omicron in next 2 years: UK epidemiologist
England's chief medical officer, Chris Whitty England's chief medical officer, Chris Whitty noted that the strain could cause "worse problems" than Omicron and the challenges from the current strain are "not by any means trivial", and its emergence could...
Vistara in talks with lessors to fill long-haul gap amid 787 delays
Vinod Kannan,chief executive,Vistara, said the market was too volatile to consider ordering new planes right now. But, in the longer run, Vistara could also consider buying Airbus A350s, he said. Vistara has about 50 aircraft, including two 787-9s received before the...
FAA warns Boeing may not win certification for 737 MAX 10 by year-end
Boeing said Thursday it continues "to work transparently with the FAA to provide the information they need and remain committed to meeting their expectations, including regarding 777-9 and 737-10 certification" WASHINGTON: The U.S. Federal Aviation Administration...
UK sketches out first regulatory approach to crypto
Cryptoassets, such as bitcoin and ether, are largely unregulated as they fall outside the regulatory 'perimeter' and a change of law would be needed to bring them under the full scope of UK securities rules, a step Britain's finance ministry is looking at LONDON: The...
ANZ becomes first Australian bank to mint stablecoin
A stablecoin is a kind of digital asset that is devised to keep its value stable in relation to another asset, and are frequently used as a portal to other cryptocurrencies or to generate income in decentralised financial systems The company's move to mint digital...
Oscars 2022: Allianz’s Entertainment division insures half of all productions in the “Best Picture” category
Based on industry estimates, the largest film insurance market is Hollywood with approximately $400-500 million of annual insurance premiums, followed by productions from the United Kingdom with approximately $60-70 million China is growing at $45 million, as are...