Pratistha Rijal Deputy Manager, Nepal Reinsurance Company Limited Insurance contract refers to the agreement between the insurer and the insured binding par cause within such a specified time period (known also as insurable period) in de terms in which...

Indian Space Research Organization (ISRO) has achieved a major milestone as they successfully completed the last manoeuvre to position the Aditya-L1 spacecraft into its designated orbit. Aditya-L1 is India’s first space-based observatory dedicated to studying the Sun. The spacecraft...

India GDP Growth FY24 Forecast: The Indian economy is expected to grow by 7.3% in the current financial year, according to the first advance estimate released by the National Statistical Office. This is higher than the previous government forecast...

Kathmandu : Nepal Insurance Authority has instructed the insurance companies to keep the amount of premium raised in the IPO in the reserve fund. Himalayan Reinsurance and four life insurance companies had recently issued IPOs at premium. IME Life...

Japan Airlines (JAL) on Thursday said it expected losses of more than $100 million after one of its planes was destroyed when it collided with another aircraft on the runway at Tokyo’s Haneda airport this week. All 379 people...

On Monday, 1st of January, 2024 A.D huge earthquake of 7.6 magnitude hits northwest of Tokyo, Japan. The quake affected the Noto Peninsula in the central prefecture of Ishikawa on Monday afternoon. Tsunami alerts were given after this huge...

 Kathmandu : Sanima Reliance Life Insurance Company has got one ‘Round of the Table’ and 27 MDRTs. Namita Neupane from Sanima Reliance has managed to be the only  ‘TOT (Top of the Table)’ for the year 2024 A.D on...

International : Fire broke out in Tokyo’s Haneda airport after a Japan Airlines A350 aeroplane collides with an earthquake relief plane MA-722, a Bombardier Dash-8. The collision was taken place on Tuesday, 2nd of January, 2023 at 17: 47...

In December, India increased its imports of Saudi oil while facing payment issues, leading to a decline in its purchases of Russian oil to an 11-month low. Data from vessel tracking agencies revealed that at least five cargoes of...

COVID-19, depressed the passenger vehicle market across the world. India emerged as the fastest-growing market for a key reason. Semiconductor chips, important components for cars, went scarce due to the pandemic disrupting supply chains. And when the pandemic effect...