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Opinion | 2025: The Year India Boarded The 'Reform Express'
In the last few weeks, a flood of new laws - including allowing 100% FDI in insurance, opening up of the nuclear sector to private players - and a slew of free trade agreements (FTAs), suggest that the NDA is more than willing to walk its talk on ref
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Iran Under Pressure As US Reimposes Oil, Financial Sanctions
The United States reimposes oil and financial sanctions against Iran on Monday, significantly turning up the pressure on Tehran in order to curb its missile and nuclear programs and counter its growing military and political influence in the Middle East. The move will restore U.S. sanctions that were lifted under a 2015 nuclear deal negotiated by t...
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Indian Steps Addressed Key Concerns Of US Nuclear Industry: Obama Administration
The steps taken by the Indian government, including the insurance pool, have largely addressed the key concerns of the US nuclear industry, the Obama Administration has told its lawmakers.
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Union Minister Jitendra Singh Announces Rs 1500 Crore Nuclear Insurance Pool
The government has launched an insurance pool to the tune of Rs 1,500 crore which is mandatory under the Civil Liability for Nuclear Damage Act (CLND) in a bid to offset financial burden of foreign nuclear suppliers.
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N-Deal Good, But Don't Expect Results Before 2023, Says Its Architect
Amid all the hype around the breakthrough in the Indo-US nuclear deal, Anil Kakodkar, the original architect of the agreement has said one cannot expect electricity from the imported reactors before 2023.
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Ahead of Obama Visit, India Works for a Major Breakthrough: Report
India is offering to set up an insurance pool to indemnify global nuclear suppliers against liability in the case of a nuclear accident, in a bid to unblock billions of dollars in trade held up by concerns over exposure to risk.
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Government Working on Providing Insurance Cover to Nuclear Plants: Official
The government is working with a group of experts and officials of Nuclear Power Corporation of India, Finance Ministry and insurance companies to work out the modalities of providing insurance cover to existing and new nuclear power plants, a senior official said in Hydrabad today.
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Deal on two new reactors in Kudankulam unlikely during Prime Minister's Russia visit
Legal hitches appear to have cropped up in the plans to set up two new reactors in the Kudankulam Nuclear Power Project (KNPP) and a commercial agreement on it is unlikely to be signed at the Annual Summit between Prime Minister Manmohan Singh and Russian President Vladimir Putin in Moscow on Monday.
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No insurance for radiation exposure
Even as the threat of nuclear radiation exposure becomes more real in light of the meltdown in Japan's Fukushima Daiichi plant, MiD DAY has found that no insurance company in the country covers the specific outcomes of such an eventuality.'Nuclear radiation' is, in fact, a standard exclusion in the text of most policies.A spokesperson for Tata-AIG ...
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Opinion | 2025: The Year India Boarded The 'Reform Express'
In the last few weeks, a flood of new laws - including allowing 100% FDI in insurance, opening up of the nuclear sector to private players - and a slew of free trade agreements (FTAs), suggest that the NDA is more than willing to walk its talk on ref
-
Iran Under Pressure As US Reimposes Oil, Financial Sanctions
The United States reimposes oil and financial sanctions against Iran on Monday, significantly turning up the pressure on Tehran in order to curb its missile and nuclear programs and counter its growing military and political influence in the Middle East. The move will restore U.S. sanctions that were lifted under a 2015 nuclear deal negotiated by t...
-
Indian Steps Addressed Key Concerns Of US Nuclear Industry: Obama Administration
The steps taken by the Indian government, including the insurance pool, have largely addressed the key concerns of the US nuclear industry, the Obama Administration has told its lawmakers.
-
Union Minister Jitendra Singh Announces Rs 1500 Crore Nuclear Insurance Pool
The government has launched an insurance pool to the tune of Rs 1,500 crore which is mandatory under the Civil Liability for Nuclear Damage Act (CLND) in a bid to offset financial burden of foreign nuclear suppliers.
-
N-Deal Good, But Don't Expect Results Before 2023, Says Its Architect
Amid all the hype around the breakthrough in the Indo-US nuclear deal, Anil Kakodkar, the original architect of the agreement has said one cannot expect electricity from the imported reactors before 2023.
-
Ahead of Obama Visit, India Works for a Major Breakthrough: Report
India is offering to set up an insurance pool to indemnify global nuclear suppliers against liability in the case of a nuclear accident, in a bid to unblock billions of dollars in trade held up by concerns over exposure to risk.
-
Government Working on Providing Insurance Cover to Nuclear Plants: Official
The government is working with a group of experts and officials of Nuclear Power Corporation of India, Finance Ministry and insurance companies to work out the modalities of providing insurance cover to existing and new nuclear power plants, a senior official said in Hydrabad today.
-
Deal on two new reactors in Kudankulam unlikely during Prime Minister's Russia visit
Legal hitches appear to have cropped up in the plans to set up two new reactors in the Kudankulam Nuclear Power Project (KNPP) and a commercial agreement on it is unlikely to be signed at the Annual Summit between Prime Minister Manmohan Singh and Russian President Vladimir Putin in Moscow on Monday.
-
No insurance for radiation exposure
Even as the threat of nuclear radiation exposure becomes more real in light of the meltdown in Japan's Fukushima Daiichi plant, MiD DAY has found that no insurance company in the country covers the specific outcomes of such an eventuality.'Nuclear radiation' is, in fact, a standard exclusion in the text of most policies.A spokesperson for Tata-AIG ...
