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Another Bhopal Tragedy – Oil spill off the Bombay coast

August 7 morning saw the biggest ever oil spill in India as MCS Chitra collided with MV Khalijia 10 km off the Mumbai coast with the former tilting precariously and leaking oil into the sea. An estimated 500 tonnes of oil spilled into the sea and about 250 containers, some carrying hazardous chemicals and pesticides […]

Personal Finance: Insurance regulator gets strict on orphan policies

What are orphan insurance policies ? These are policies where the agent who sold these policies has shifter to another company, and the person who bought these policies no longer has an agent or an intermediary to help service them. This is a common problem in the life insurance business, since: – An agent will […]

Consumer: Man gets succour from Delhi High Court after hand gets crushed

One reads in the newspaper all the time about some accident whereby a person gets injured due to rash or negligent driving by the driver of a vehicle (in numerous cases, this rash driving would be done by the driver of a bus or truck, and because of the size and weight of this large […]