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Indian
India expands Russian insurers’ pool after US sanctions
As well as extending approvals for some sanctioned providers,...
Indian economy to grow 7% in FY25, robust expansion to drive insurance premium growth, says Moody’s
``India's private sector insurers continue to reinforce their...
Govt issues draft rules to make e-com accountable, seeks comments by Feb 15
For imported goods, platforms must display importer, packer, and...
Karnataka High Court rules employer can’t forfeit gratuity without recovery proceedings
The judgment clarified that dismissal is a punitive action taken...
International
Lloyd’s of London to invest $65 mln following slavery report
“We’ve asked ourselves how we could have the greatest impact,”...
Insurers review Middle East events coverage after cancellations
But new policies are likely to exclude Israel, Lebanon and...
UN chief says it will be difficult to revive Black Sea grain deal
U.N. officials are working to try to revive the deal, which Russia...
China authorities ask Ping An to take controlling stake in Country Garden, sources
China's State Council, which is headed by Premier Li Qiang, has...
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Facts
Indians consume over 11GB data daily, spend 70 mins a day on OTT platforms
Driven by continued 4G consumption, the overall data traffic in India rose by 47 per cent in 2019, while 3G data traffic recorded its highest-ever decline of 30 per cent, according to a study by Nokia. According to the study, Nokia’s annual Mobile...
Powered by hydrogen, Hyundai’s trucks aim to conquer the Swiss Alps
Hyundai's hydrogen-powered 18-tonne trucks are set to hit the roads in Switzerland next month as the South Korean automaker looks to establish a case for its zero-emissions technology in a low carbon world. Invented nearly two centuries ago, hydrogen...
Facebook bans ads with false claims about new virus
San Francisco: Facebook said Wednesday that it is banning ads that make false claims about products tied to the new coronavirus. The social network said it is removing ads that feature a product and imply a limited supply, seeking create a sense of...
How deadly is new coronavirus? It maybe too early to tell
Washington: Scientists can’t tell yet how deadly the new virus that’s spreading around the globe really is — and deepening the mystery, the fatality rate differs even within China. As infections of the virus that causes COVID-19 surge...
Hong Kong to give big cash handouts as economy reels from virus
The Hong Kong government on February 26 said it will give HK$10,000 ($1,280) handout to seven million permanent residents in a bid to jump-start a recession-hit economy now compounded by the coronavirus (COVID-19) outbreak. Financial Secretary Paul Chan...
