Around the Globe

Around the Globe

Tata AIG tops claims settlement among private insurers

Tata AIG has the highest claims settlement ratio among private insurers while handling motor own damage claims, while New India topped the category among public sector insurers.

Claims settlement ratio is the number of claims settled in the quarter from the total claims available for processing.

TN: Opp DMK talks tough, seeks trust vote

Leader of Opposition in the Tamil Nadu Assembly MK Stalin has threatened to move court if the Tamil Nadu Governor does not convene the Assembly within a week and order the Edappadi K Palaniswami government to seek a floor test. Stalin said this after meeting with Governor C Vidyasagar Rao at Raj Bhavan on Sunday, in which he made his second appeal for a trust vote.


Audrey Kurth Cronin has argued that “blogs are today’s revolutionary pamphlets, websites are the new dailies, and list services are today’s broadsides” The slithery cold pipes of the internet have done incalculable damage to the psyche of impressionable minds in Kashmir Valley. Virtual indoctrination through what is now described by internet spooks as digihad is where the real cyber war is being fought. It is a battlefield which allows recruitment, proselytising and brainwashing through propaganda and virtual ummah. In the shadowy world of the internet, there are no half measures.

After Dera, apex body of sadhus releases list of 14 fake babas

Irked with self-styled godmen who court controversies frequently and bring disrepute, Akhil Bharatiya Akhara Parishad has released a list of 14 “fake babas,” which include the names of Gurmeet Ram Rahim Singh, Rampal, Asaram and his son Narayan Sai.

The Parshad, which is the apex body of Hindu sadhus, also demanded a crackdown on “rootless cult leaders” by bringing in a legislation.

Free fall in GDP numbers structural, not transient: SBI

India’s GDP growth was expected to decline in the first quarter of the current fiscal, but the “free fall” in the numbers shows that the problem is more structural than transient, says a report.

India’s economic growth slipped to a three-year low of 5.7 per cent in April-June, underscoring the disruptions caused by uncertainty related to the GST rollout amid slowdown in manufacturing activities.

According to the report, the negative impact of the goods and services tax (GST) on growth has been “majorly emphasised.”

India, Iran toy with undersea gas pipeline bypassing Pak

With the prospects of an on land Indo-Iran gas pipeline passing through Pakistan fading, the two countries may start fresh negotiations to build a $ 5-6 billion undersea gas pipeline that would avoid risks posed to a surface network.

Sources said the Centre is keen to re-look at an undersea gas pipeline running between India and Iran as the project has now become feasible with low fuel prices and lower cost of construction.

Car buyers throng showrooms to beat expected price hike due to GST flip-flops

The festival season has started early for carmakers. As the increased GST cess on mid-sized, luxury cars and SUVs kicks in on Monday midnight, buyers are making a beeline to showrooms to beat the expected price hike.

With buyers preponing their purchase plans and flooding dealers with queries, manufacturers such as Maruti, Audi, Mercedes-Benz, Hyundai, Toyota, Mahindra and Mahindra and Honda have seen bookings increase by almost 20-25 per cent on high-end and mid-segment models.

Fifth Columnist: Jumping the gun

Trial by media is as old as modern democracy itself. It has a long and distinguished history. Media historians record that it was introduced in the early Middle Ages when an ancient trial by combat was corrupted by sub-contractors.