Indian
PSU general insurers promote record number of officials to fill up post of GMs and DGMs
GIPSA, the coordinating agency for the six PSU companies, has...
Status Quo: IRDAI retains general insurers’ Obligatory Cession for GIC Re at 4% in FY26
The percentage cession of the sum insured on each general insurance...
EPFO retains 8.25 pc interest rate on employees’ provident fund deposits for 2024-25
The retirement body had paid 50.8 million claims worth Rs 2.05 lakh...
IRDAI issues norms allowing insurers to use derivatives for hedging their equity portfolios
In line with these guidelines, insurers will be able to buy hedges...
International
Global Economy: Rising shipping costs to push inflation
Combined with disruptions at a drought-stricken Panama Canal in the...
US sinks 3 Houthi vessels that attacked its container ship in Red Sea
CENTCOM said the navy responded to a request for assistance from...
Consulting firm McKinsey agrees to USD 78 million settlement with insurers over opioids
The insurers argued that McKinsey worked with Purdue Pharma – the...
Eurostar cancels trains due to flooding, stranding hundreds of travelers in Paris and London
The U.K. has been battered by strong, gusty winds and heavy rain...
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Facts
Coronavirus tests China’s Work-From-Home capabilities
Thanks to the coronavirus outbreak, working from home is no longer a privilege, it’s a necessity. While factories, shops, hotels and restaurants are warning about plunging foot traffic that is transforming city centers into ghost towns, behind the...
Thailand sees apparent success treating coronavirus with drug cocktail
Bangkok: A Chinese woman infected with the new coronavirus showed a dramatic improvement after she was treated with a cocktail of anti-virals used to treat flu and HIV, Thailand's health ministry said Sunday. The 71-year-old patient tested negative...
For every rupee in govt kitty, 64 paise come from taxes
For every rupee in the government coffer, 64 paise will come from direct and indirect taxes, while states' share of taxes and duties is the single-largest expense head accounting for 20 per cent of the total spending, Budget documents showed. ...
Fighting Coronavirus virus with hygienic maesures
How do you turn a disease outbreak into an epidemic? The best way might be to mix infected people with the healthy for long periods in crowded conditions, and then move them around to new locations. That’s worrying, because that more or less...
Oil giant Total sued by 14 French cities, NGOs over failure to cut carbon emissions
Oil giant Total SA is being sued by 14 local governments and a handful of non-governmental organizations in France for not doing enough to reduce its carbon emissions and fight global warming. The legal challenge is the latest sign that the biggest oil...
