Indian

Twitter faces three police cases amid growing challenges in India

Jun 29, 2021

“The Central government has taken it seriously and Madhya Pradesh Government is also taking it seriously. I have directed the DGP to investigate all aspects and register FIR and file a case,” Mishra told ANI.

GIC Re’s net profit rises 5 % to Rs 1260 crore, cuts gross premium 4% to Rs 8813 crore in Q4 Fy 21

Jun 29, 2021

With a combined ratio of 103.9 per cent(107.6 per cent), GIC Re’s underwriting loss has gone up by 15 per cent y-o-y to Rs 535 crore during the fourth quarter of Fy 2021.
The net investment income of the reinsurer has increased by 20 per cent y-o-y to R 2286 crore in the foutth quater of Fy 2021.For the whole of FY 2021,

India says will oppose ‘regressive proposal’ by rich nations on carbon tax

Jun 29, 2021

US President Joe Biden’s administration is considering a so-called border adjustment tariff to be levied on certain carbon-intensive goods imported from countries with lax climate controls. That’s similar to plans put forth by the EU and those being discussed by the UK and Canada.

SC orders implementation of ‘one nation, one ration card scheme’ by July 31

Jun 29, 2021

The bench directed the Centre to develop a portal with the help of the National Informatics Centre (NIC) for registration of unorganised sector workers for granting them the benefits of welfare schemes by July 31.

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International

Boeing did not disclose 737 MAX alert issue for more than a year, says FAA

May 6, 2019

Sunday’s statement marked the first time since the two fatal accidents that Boeing explicitly acknowledged doing something inadvertently in the development of the 737 MAX, albeit on an issue that it contends has no impact on safety.

Forgers are forcing $9-trillion global trade financing into digital age

May 6, 2019

As much as 80 percent of global flows of merchandise — worth about $9 trillion — is financed by some form of credit, guarantee or insurance, according to a global survey by the International Chamber of Commerce. Trade finance revenues were $39 billion in 2017.

Billionaire Warren Buffett gives new hint about his successor

May 5, 2019

Without answering directly, Buffett said Gregory Able, 57, and Ajit Jain, 67 — both promoted last year to the board of directors — would in the near future join him and long-time business partner Charlie Munger, 95, on the stage to answer shareholder questions.

41 feared dead after Russian passenger plane crash-lands in Moscow: Report

May 5, 2019

Investigators said they were looking into various lines of inquiry and it was premature to draw any conclusions about the cause of the accident.

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Briefs