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Indian
Raising FDI limit in insurance aimed at unlocking full potential of sector: FM
Nirmala Sitharaman Union ,Finance Minister "Further, this will...
Govt tasks PSU general insurers to ramp up Property portfolio and customer services
(L to R)-Girija Subramaninan, CMD, New India Assurance(NIA),...
Centre conducts over 9,700 cybersecurity audits of critical sectors like banking, insurance
Jitin Prasada,Minister of State for Electronics and IT “The...
No plan to levy GST on UPI transactions exceeding Rs 2,000: Centre
Pankaj Chaudhary, Minister of State of Finance Pankaj Chaudhary,...
International
Spain fines Booking.com $448 million for abusing dominant position
Booking Holdings intends to appeal the fines as it strongly...
Global accounting body wants more rigour in showing climate impacts
Investors have said they want to know whether assets will retain...
Meta to pay $1.4 billion to settle Texas facial recognition data lawsuit
The lawsuit, filed in 2022, was the first major case to be brought...
Global Nat Cat insured losses at $ 62bn in H1 24, significantly higher than 10-yr average of $ 37bn, Munich Re report
Thomas Blunck,Member of the Board of Management, Munich Re...
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Facts
Slovenian woman sentenced for cutting off her hand for insurance payout
A court in Slovenia on Friday sentenced a 22-year-old woman to two years in prison for deliberately cutting off her hand with a circular saw to make a fraudulent insurance claim. The district court in Ljubljana said Julija Adlesic agreed with her boyfriend to have her...
“Reimagine insurance:Five keys to innovation”:McKinsey
International consultant McKinsey has today released new insights on how insurers can adapt to the post-COVID-19 world, based on conversations with insurance leaders across the world. The report, entitled “Reimagine insurance:Five keys to innovation”,...
With airline fleets grounded, plane recyclers bet on parts boom
MONTREAL: As COVID-19 grounds swaths of airline fleets, companies that profit off the dismantling and trade of aircraft parts are seeing early signs of an expected rebound in activity as carriers accelerate plane retirements. While companies that store,...
Flyers can take videos in flights but can’t use recording gadgets: DGCA
New Delhi: Aviation regulator DGCA "clarified" on Sunday passengers can take photos and videos inside flights but can't use any recording equipment that creates chaos, disrupts flight operations, violates safety norms or is banned by the crew...
Sweden’s record-breaking cashlessness may not be good news
Sweden may be about to take its world-beating cashlessness to the next level, as the pandemic threatens to push its notes and coins close to extinction. Stefan Ingves, the governor of the Riksbank, recently remarked that some young Swedes “have no...