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Indian
PB Fintech arm gets payment aggregator licence from RBI
The paid-up share capital of the proposed company will be Rs 27...
ICICI Lombard’s net profit slips 2% to Rs 510 crore in Q4FY 25
Sanjiv Mantri, MD &CEO, ICICI Lombard General Insurance. The...
ICICI Pru Life’s net profit more than doubled to Rs 386 crore in Q4
ICICI Prudential's value of new business (VNB), or expected profit...
India to see above-normal cumulative rainfall this monsoon, El Nino conditions unlikely, says IMD
El Nino conditions, associated with below-normal monsoon rainfall...
International
Insurers could face record losses of up to $4 bln after Baltimore bridge tragedy, AXA is lead reinsurer
Claims could total up to $4 bln, record for shipping...
Titanic Law helps ship owner limit bridge collapse liability
A key to determining any insurance claims will be proving whether...
SEC ramps up hack probe with focus on tech, telecom companies
The probe — aimed partly at determining what the companies may have...
FBI says Alaska Airlines passengers are possible ‘crime victims’
“A criminal investigation can be a lengthy undertaking, and, for...
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Facts
Restaurant dining linked to COVID-19; severe illness less common with GI symptoms
The following is a roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus.Positive COVID-19 tests linked with restaurant dining Among adults tested for...
Millions of COVID-19 cases went undetected in India, Research Paper Estimates
MUMBAI: Millions of coronavirus cases may have gone undetected in India earlier this year, a research paper estimates, saying that for every confirmed case in May, there were 82 to 130 infections that were not recorded. The paper, published in the Indian...
Battery-Powered face mask seeks to fight Covid and foggy glasses
Seoul: A South Korean company has invented a battery-powered filtered face mask designed to reduce annoying problems associated with conventional designs, such as breathing difficulties and fogged-up glasses. LG Electronics' PuriCare Wearable, which comes...
Portland votes for first-ever U.S. ban on corporate use of facial recognition
Portland on Wednesday voted in favor of the first-ever ban in the United States on private entities, such as restaurants and retail stores, from using facial recognition technology in public places in the city. Portland’s city council also voted to ban local...
Coronavirus capable of invading brain:Study
WASHINGTON: Headaches, confusion and delirium experienced by some Covid-19 patients could be the result of the coronavirus directly invading the brain, according to a study published on Wednesday. The research is still preliminary – but offers several new lines...
