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Here is a masonry blog layout with no sidebarAt least 10 dead in Indonesia earthquake as search continues
Indonesia, a vast archipelago of 270 million people, is frequently struck by earthquakes, volcanic eruptions and tsunamis because of its location on the "Ring of Fire," an arc of volcanoes and fault lines that arcs the Pacific Jakarta: Search efforts continued Sunday...
Niti studying proposal to tax foods high in sugar, salt to tackle obesity
''Niti Aayog, in collaboration with IEG and PHFI, is reviewing the evidence available to understand the actions India can take, such as front-of-pack labelling, marketing and advertising of HFSS foods and taxation of foods high in fats, sugar and salt, '' it said New...
Investors brace for volatility as West moves to cut Russia off from SWIFT
The latest measures could send markets on another wild ride, as traders assess the implications for the global economy, including potentially higher commodity prices and inflation Investors were preparing on Saturday for more wild gyrations in asset prices after...
Russia-Ukraine war: ECGC withdraws coverage for shipments to Russia
Amid the ongoing conflict between Russia and Ukraine, ECGC in a communication said ''based on the near-term commercial outlook, it has been decided to modify the country risk classification of Russia under the short-term and medium-and-long term with effect from...
Government allows up to 20 per cent FDI in LIC under automatic route
Under current rules, foreign investment is not allowed in the LIC, governed by the special parliament act, while 74% foreign direct investment is allowed in other private insurance companies NEW DELHI: India's cabinet approved on Saturday a policy amendment allowing...
New California rules aim to lower property insurance rates
New rules will require insurance companies to factor property owners’ improvements into the pricing of residential and commercial coverage SACRAMENTO, Calif: California’s insurance commissioner announced new rules on Friday aimed at lowering premiums for people who...
Russia’s invasion of Ukraine likely impact the global insurance industry substantially near to midterm: AM Best
“Further sanctions may impact the ability of international insurers and reinsurers to underwrite Russian risks or make it more difficult for them to service claims on existing policies,” said Anna Sheremeteva, financial analyst, AM Best LONDON: International rating...
Tata in talks with aircraft makers over order for Air India: Sources
Tata had begun preliminary discussions with the planemakers and lessors for jets including Airbus A350-900s and Boeing 787-9 Dreamliners, citing people familiar with the matter New Delhi: Planemakers Boeing Co and Airbus SE have met executives from India's Tata Group...
Insurance costs of shipping through Black Sea soar
Ship insurers have quoted the additional premium rate for seven days at anywhere between 1% to 2% and up to 5% of insurance costs, from an estimated 0.025% on Monday before Russia's invasion began, according to indicative rates from marine insurance sources This would...
Investors’ wealth jumps over Rs 7.7 trn as Sensex snaps 7-day losing streak
"Global markets including Indian equities witnessed a smart pull back after yesterday's crash as the new sanction imposed by US and UK appeared to be less severe for the Russian economy," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services...
Cabinet likely to consider proposal for FDI in IPO-bound LIC on Saturday
As per Sebi rules, both FPI and FDI are permitted under public offer. However, since the LIC Act has no provision for foreign investments, there is a need to align the proposed LIC IPO with Sebi norms regarding foreign investor participation New Delhi: The Union...
As climate change wreaks havoc globally, IPCC report flags ways to adapt
"The growth in climate impacts is far outpacing our efforts to adapt to them," UNEP chief Inger Andersen warned this month. She urged nations, cities, businesses and individuals to turn adaptation efforts "into a sprint". BARCELONA: From Madagascar, where hunger is...
Canada clears world’s first plant-based vaccine against Covid-19
Covifenz is made from proteins, grown in plants, that look like the virus that causes Covid-19 to the human immune system, according to Medicago’s website. The vaccine also uses Glaxo’s pandemic adjuvant, a substance that boosts the immune system’s response The...
Swiss Re appoints Paul Murray as CEO Reinsurance Asia and Regional President
Paul Murray, CEO Reinsurance Asia, Regional President Swiss Re’s Group Chief Executive Officer Christian Mumenthaler said: “We are pleased that Russell Higginbotham has accepted this new important position, driving forward our Reinsurance Solutions strategy. This is a...
Airline industry shifts attention to Russia risks after Ukraine closure
As airlines assessed the airspace risks, they have also been hit by a spike in oil prices to more than $105 per barrel for the first time since 2014 as a result of the conflict. That raises operating costs at a time when travel demand remains low because of the...
Cyberattacks accompany Russian military assault on Ukraine
Officials have long expected cyberattacks to both precede and accompany any Russian military incursion. The combination of DDoS attacks, which bombard websites with junk traffic to render them unreachable, and malware infections hewed to Russia's playbook of wedding...
UK to ban Aeroflot airline in ‘largest package’ of Russian sanctions
The “largest and most severe package” of economic sanctions against Russia tabled in the House of Commons includes a full asset-freeze of Russian state-owned bank VTB and powers to allow the UK to exclude Russian banks from Britain's financial system. London: Prime...
Global finance grapples with Ukraine crisis as shares slump
But in what will be a relief to Europe's banks, the EU is unlikely at this stage to take steps to cut off Russia from the SWIFT global interbank payments system, several EU sources said. European banks are most exposed to Russia, especially in France, Italy and...