Anyone who’s tried to put in a claim knows insurance isn’t charity. If it becomes too expensive to cover losses for natural disasters, insurers will pull back toward areas that are profitable.
In ‘The Age of Pandemics’, Chinmay Tumbe writes that the outcomes of pandemics are strongly influenced by politics — whether the plague or the Spanish Flu.
While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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