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Bima Sugam to be a game changer for the insurance sector: IRDAI chairman

The insurance industry’s regulator, IRDAI, is working on Bima Sugam, a one-stop shop for policy sales, renewals, and claims settlements. Bima Sugam will change the insurance industry forever. By making it easy for customers all over the country to get insurance, this tech-driven portal will help increase insurance penetration in the country. Insurance Regulatory and …

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Kroger grocery chain to settle religious bias suit over apron

The Kroger supermarket chain will pay $180,000 to settle a religious discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission for allegedly firing two employees who refused on religious grounds to wear an apron they believed supported gay rights. The agency said in a statement Thursday that the Kroger Limited Partnership I, a subsidiary …

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Tile maker faces $1.2M in penalties after serious worker injuries

A vinyl tile manufacturer in Fostoria, Ohio, is facing $1.2 million in proposed penalties after a seventh worker in five years suffered severe injuries when caught in a machine the employer failed to lock out, the U.S. Occupational Safety and Health Administration announced Thursday. An April 2022 incident at the NOX US LLC plant is the latest …

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Russian Deputy Prosecutor General Pyotr Gorodov Likely To Be Elected To Interpol Top Post 

Russian Deputy Prosecutor General Pyotr Gorodov Likely To Be Elected To Interpol Top Post 

Gorodov, one of Russia’s cybercrime fighting prosecutors, is expected to be elected to a top post at Interpol.  Pyotr Gorodov, Russia’s deputy prosecutor general, is vying with Lithuanian deputy police commissioner general Arūnas Paulauskas and several other nominees in the race for the position of Interpol’s next vice president for Europe. The election will be …

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Indo-Thai Industry Insignia Conference In Bangkok Honours Business Leaders

Indo-Thai Industry Insignia Conference In Bangkok Honours Business Leaders

Conference on Indo-Thai Economic Development Hosted by the Institute of Economic Studies Brought  Indo-Thai Industries Together Networking Next-Industry Insignia is an event hosted by the Institute of Economic Studies (IES) that allows achievers to network with industry leaders, share and exchange experiences and ideas, discuss the most recent leadership trends, and, most importantly, be acknowledged at the …

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IPS Quaiser Khalid: On Cops That Care, Penning Poetry And More

IPS Quaiser Khalid: On Cops That Care, Penning Poetry And More

Senior IPS officer Quaiser Khalid finds the perfect balance in police duty and penning verse The police are here to serve the people. The police are here to minimize people’s grievances, their problems, their unhappiness. That is exactly what the police should be doing. Interacting with people with courtesy, compassion and empathy is a must …

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Four cos set to go public next week; seek to raise over Rs 4,500 cr via IPO

The primary market is heading for a busy time, with four firms, including Global Health Ltd, which operates hospitals under the Medanta brand, and micro finance lender Fusion Micro Finance Ltd, lining up their IPOs next week. The other two companies whose IPOs are ready to open are DCX Systems, a manufacturer …

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RBI governor Shaktikanta Das cautions on backdoor entry in financial space

The use of technology has made financial entities more efficient, but it has also led to backdoor entry of unregulated players into the financial space that often do not abide by norms, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday. “This leads to several concerns including mis-selling, breach of …

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Best of BS Opinion: The Truss fallacy, confident despite infighting & more

The disaster of former British Prime Minister Liz Truss’ “low taxes, high growth” framework proves that there is no clear relationship between income tax rates and economic growth. Wealthier economies tend to be relatively highly taxed because they pay for expansive welfare programmes. The successful Asian economies without comparable safety nets tend to have smaller …

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