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Insurance firms can't be liable to pay compensation to those who travel in goods carriers: Madras HC

Insurance firms can't be liable to pay compensation to those who travel in goods carriers: Madras HC

Finance
The Madras High Court Friday held that insurance companies cannot be made liable to pay compensation to accident victims who travel in goods carriers. Justices K K Sasidharan and R Subramanian said that in the light of the categorical pronouncements of the Supreme Court in various accidents, Motor Accidents Claims Tribunals are not right in directing insurance companies to pay the compensation and recover the same from the vehicle owner. The bench gave the ruling while passing orders on a batch of appeals from Bharati AXA General Insurance Company Limited in Bengaluru, challenging a September 23, 2014 order of the Motor Accidents Claims Tribunal in Dharmapuri, on October 24. On September 1 2011, a 16-member marriage party from Kottapatty village had engaged a goods carrier to go to Sool...
9th boy rescued from Thailand cave as final push begins for those remaining inside

9th boy rescued from Thailand cave as final push begins for those remaining inside

World
The final push to bring home four boys and their soccer coach by a crew of international and Thai divers began in earnest on Tuesday. Eight boys have already been brought out of the cave after over two weeks in the darkness. The ninth boy was brought out of the cave at about 4 p.m. local time, according to the Thai navy SEALs. Officials confirmed they had restarted the rescue effort for the third day at 10 a.m. local time, or 11 p.m. Eastern time the prior night. As with the previous rescue efforts, 19 divers have gone into the cave, with two divers escorting each of the boys out of the cave with tethers. "If everything goes to plan, all will come out today," an official said at a Tuesday midday press conference. "We are ready to operate completely today," Chiang Rai Province ...
Here's how to maximize those retirement 'sweet spot' years

Here's how to maximize those retirement 'sweet spot' years

Finance
As you head into retirement, there's a chance you also are entering a special time to do some serious tax planning.This sweet spot is the stretch of time between when you retire from full-time work and when you have to start taking required minimum distributions from your 401(k) plan or your traditional individual retirement account at age 70½.Presumably, given that full-time work is behind you and those mandated distributions are ahead of you, it's also when you find yourself in a lower tax bracket."This is a good time to look at whether some strategies can work that help with taxes," said Avani Ramnani, director of financial planning and wealth management at Francis Financial.While there are ways to take advantage of lower tax rates, it's important to make sure any moves you make are in
Type 2 diabetes plan targets those at high risk

Type 2 diabetes plan targets those at high risk

Health
People with the very highest risk of developing type 2 diabetes are being prioritised for places on NHS lifestyle change programmes.Updated guidance from the National Institute for Health and Care Excellence (NICE) said this would cover 1.7m people in England.The programmes help people to change their diet and do more exercise.The guidance reaffirms that all adults over 40 should go and see their GP for a diabetes risk assessment.Adults with conditions such as obesity, stroke or high blood pressure and high-risk ethnic minority groups are also encouraged to go for an assessment.Weight loss helpLast year, NHS England and Public Health England developed an NHS Diabetes Prevention Programme in response to the guidance.This means that in many parts of the country those at high risk are referre...