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Travel insurance policies in demand post pandemic: Survey

Demand for travel insurance policies increased in FY21-22 compared to pre-covid levels in FY19-20, as per a survey by ICICI Lombard General Insurance. The survey, conducted on consumers from the Indian markets, analysed the impact of the pandemic on travellers’ attitudes and expectations and found that travellers are now more receptive to purchasing travel insurance …

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Demand surge seen lifting coal-fired power plants out of misery

NEW DELHI: The surge in power demand is seen giving India’s Coal-fired power plants a fresh lease of life as they are expected to operate at 62% of their capacity in the current fiscal, the highest in five years, to fill the gap arising from electricity consumption outpacing thermal capacity addition. The plant load factor, …

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Luxury home sales from January to July top full 2021 demand

NEW DELHI: Sales of luxury flats, priced above Rs 1.5 crore, stood at 25,680 units across seven major cities during January-June and have surpassed sales in each of the last three years, according to property consultant Anarock. The Mumbai Metropolitan Region (MMR) contributed more than 50% of the total luxury housing sales in the first …

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After ‘Laal Singh Chaddha’, ‘Pathaan’, netizens demand boycott of Vijay Deverakonda and Ananya Panday’s ‘Liger’ | Hindi Movie News

Seems like the boycott Bollywood movement has found resonance in the Southern film industry with the Vijay Deverakonda starrer ‘Liger’ becoming the latest target of the trend. Backed by Karan Johar‘s Dharma Productions, directed by Puri Jagannadh and also starring Ananya Panday in the lead, the upcoming sports drama is all set to release on …

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Finance ministry expects rural demand to recover as inflation softens

Rural demand in India, which was buffeted by the Covid-19 pandemic and then by high global inflation, is set to recover as prices come down and the southwest monsoon proves supportive to the sowing season, the finance ministry said in its latest monthly economic report (MER). “Kharif sowing supported by the …

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As U.K. hit with more extreme heat, demand grows for air conditioning where none existed

Sweat streams down Rob Bushprnr’s face as he struggles under the morning sun to bend the copper piping in a North London backyard that will soon be attached to a brand new air conditioner. According to government and market research company estimates, less than five per cent of homes in the U.K. have air conditioning. …

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Consumer durable manufacturers may hike prices amidst Rupee depreciation; expect demand pick-up in festive season

Consumer durable manufacturers may hike prices amidst Rupee depreciation; expect demand pick-up in festive season Photo : iStock (By Khushboo Kumari Tiwari) Mumbai: Amidst the concerns about depreciating Rupee, consumer durable manufacturers in India are planning to hike prices to compensate for the higher cost of import of raw materials, even as global commodity prices …

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Steep price hike: Demand for ACs with high star ratings could dip

With new star-rated air conditioners set to cost more compared to older star-rated models, the country’s air conditioner industry could see a fall in demand for products with high star ratings. There will be steep price hikes for these product categories from July 1. Moreover, most AC-manufacturing companies are likely to hold specific new star-rated …

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