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Here is a masonry blog layout with no sidebarRussian cyberattacks may test insurer war exclusion policy language: Fitch
Larger insurers have taken significant pricing and underwriting actions in response to rising cyber claims in recent years, including tightened contract language, which should help mitigate underwriting losses in the current uncertain environment, Fitch Ratings says...
Active monthly users of Indian apps, games jump 200 pc on Google Play in 2021
''In 2021, the time spent by users outside India on apps and games created by Indian companies grew by 150 per cent compared to 2019,'' Google Play Partnerships Vice-President Purnima Kochikar said Active monthly users of Indian apps, games jump 200 pc on Google Play...
Maha, MP, Odisha suffered most from extreme weather in 2021: IMD chief
Indian Ocean is the fastest warming ocean basins in the world, and this will have serious impacts on the South Asian region. Heavy rainfall and flood-related incidents last year had claimed over 750 lives across the country, with Maharashtra recording the highest...
New India in talks with GIC Re and global reinsurers place Rs 43,000 cr nuclear plant cover
Industry sources point out that placement of the KKNNP insurance has to be completed soon as the reinsurance market has shown hardening tendency in view of Russian invasion of Ukraine that has started impacting the reinsurance rates Mumbai: With the...
Space junk on 5,800-mph collision course with moon
The leftover rocket will smash into the far side of the moon at 5,800 mph (9,300 kph) on Friday, away from telescopes' prying eyes. It may take weeks, even months, to confirm the impact through satellite images The moon is about to get walloped by 3 tons of space...
AIG commits to Net Zero Greenhouse Gas emissions across its underwriting & investment portfolios by 2050
“Leading change in a changing world requires being a company of action – and, as a market leader, AIG is committed to setting the standard with our actions. We believe today’s ESG commitments are an important step forward for AIG, the clients we serve and the global...
AM Best downgrades Russian insurers Ingosstrakh and SOGAZ
These credit ratings have been placed under review with negative implications due to heightened geopolitical, economic and financial system risk in Russia, where both Ingosstrakh and SOGAZ is domiciled and underwrite the majority of their business, said AM Best...
Niti Aayog developing National Gender Index
Niti Aayog has also developed a draft State Energy and Climate Index to assess the performance of states on indicators such as discoms’ viability and competition; access, affordability and reliability of energy; clean energy initiatives; energy efficiency; generation...
SC stays NGT ban on water purifiers where TDS below 500 mg per litre
The NGT had directed the Central Pollution Control Board (CPCB) to issue directions to all RO manufacturers banning water purifiers where the level of total dissolved solids (TDS) in water is below 500 milligrams per litre. The tribunal had also asked the CPCB to...
Many places in central, western India may record `aove normal maximum temperatures: IMD
For the plains, a "heat wave" is declared when the maximum temperature is more than 40 degrees Celsius, and at least 4.5 notches above normal. Maximum temperatures are likely to remain above normal in Jammu and Kashmir, Ladakh, Himachal Pradesh, major parts of...
India slips 3 spots on 17 SDG adopted as 2030 agenda, says report
India's rank dropped primarily because of major challenges in 11 SDGs including zero hunger, good health and wellbeing, gender equality and sustainable cities and communities. With the latest rankings, India is now behind all south Asian nations except Pakistan, which...
Russian ransomware attacks on Ukraine muted by leaks, insurance woes
One reason for that could be a loophole in cybersecurity insurance policies. Experts and industry-watchers say the more sophisticated digital extortion gangs tend to focus on insured organisations because the victims already have a policy to make the payoff, making...
Auto sector posts robust sales amid fears of Ukraine crisis worsening chips shortage
Indian automakers which posted encouraging sales data for the month of February 2022 riding on a demand surge, are cautiously optimistic that as they enter into the new fiscal, the semi-conductor availability will improve and they will be able to cater to the customer...
Tata cancelled USD 3 billion deal in Bangladesh over bribery issue
Dhaka: Indian conglomerate Tata in 2005 cancelled USD 3 billion deal after Bangladesh Nationalist Party (BNP) leader Tarique Rahman placed a bribery deal to the Indian company. Prime Minister Sheikh Hasina's ICT Advisor Sajeeb Wazed Joy in a post from his verified...
Govt may review timing of LIC IPO after Ukraine invasion: FM Sitharaman
“Ideally, I’d like to go ahead with it because we’d planned it for some time based purely on Indian considerations,” Sitharaman said “But if global considerations warrant that I need to look at it, I wouldn’t mind looking at it again,” she said New Delhi India may...
Number of ultra HNIs in India up 11% in 2021 at 13,637: Report
"In India, the number of UHNWIs (net assets with USD 30 million or more) has grown by 11 per cent YoY (year-on-year) in 2021, the highest percentage growth in APAC," Knight Frank said in a statement. The number of UHNWIs in India grew to 13,637 in 2021 from 12,287 in...
Deaths linked to PM2.5 pollution in India increased by 2.5 times in 2 decades: Report
The report released by Union Environment Minister Bhupender Yadav on Tuesday said India accounted for one out of every four deaths due to air pollution in 2019 The report said 4,76,000 infants died globally in their first month of life from health effects associated...
UN climate report urges world to adapt now, or suffer later
While governments need to drastically curb their emissions to prevent runaway global warming, they can also work to limit suffering by adapting to the conditions of a warmer world, the report says. That will take a lot of money - to finance new technologies and...