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<ul class="summary-list"><li><a target="_blank" href="https://www.businessinsider.com/tesla">Tesla's</a> rumored upcoming software update may introduce parental controls, including a "Night Curfew."</li><li>The feature is said to notify the Tesla app when the car is driven past a set curfew.</li></ul>It sounds like Tesla parents are going to love an upcoming software update — although their teenagers may resent it.The rumored update, version 2024.26, was released to employees on Wednesday, according to <a target="_blank" href="https://www.notateslaapp.com/software-updates/version/2024.26/release-notes">Not a Tesla App</a> and <a target="_blank" href="https://stats.tessie.com/versions/2024.26">Tessie</a>, two websites that track Tesla software changes. The update includes new parental controls, with a range of features that can be enabled with a vehicle PIN, the reports said.That reportedly includes something called "Night Curfew," which could make it easier for Tesla parents to enforce their teenagers' bedtimes. The new feature apparently sends notifications to the Tesla mobile app when a vehicle is driven past a set curfew time, the reports said.For parents who worry their kid could be taking advantage of the extra zip and high top speed possible with a Tesla, there are also said to be new controls that give parents the ability to set a maximum speed limit and reduce acceleration.If that sounds a bit familiar, you might remember that Tesla already has a similar option with "Valet Mode," but the latest update would allow parents to set limitations for other drivers, according to the reports. Parents would also be able to limit the acceleration to "Chill," which restricts the EV's horsepower and torque, the reports said.Other features within the parental controls reportedly include the ability to prevent a driver from disabling the speed limit and collision warnings, or automatic emergency braking.While the rumored update could be helpful for parents trying to catch their teens sneaking out, it could also be useful for <a target="_blank" href="https://www.businessinsider.com/tesla-owner">Tesla owners</a> who rent out their vehicles or lend them to others.If and when "Night Curfew" and the other parental controls are released publicly, they'll add to the other features that help Teslas <a target="_blank" href="https://www.businessinsider.com/tesla-features">stand out from other cars</a>. Other Tesla-specific features include Sentry mode, which starts streaming a recording on the app if anything hits the vehicle.While the new features may soothe some parents' concerns about their teen's driving, Tesla has made headlines in the past with incidents involving children. <a target="_blank" href="https://www.businessinsider.com/tesla-model-s-crash-kills-2-teens-after-car-catches-fire-2018-5">In 2018, two teens were killed</a> after a Tesla Model S burst into flames following a crash. More recently, a <a target="_blank" href="https://www.businessinsider.com/tesla-toddler-rescued-firefighters-battery-died-doors-locked-ev-2024-6">toddler had to be rescued from a locked Tesla</a> after the car's battery died after her grandmother stepped out of the vehicle to get her out of the seat.Young drivers as a group are also particularly at risk for crashes in general. Accidents were the <a target="_blank" href="https://www.nhtsa.gov/book/countermeasures-that-work/young-drivers#:~:text=In%202021%20some%202%2C116%20drivers,crashes%20(NHTSA%2C%202023).">leading cause</a> of unintentional deaths in 2020 for people ages 15 to 24, according to the National Highway Traffic Safety Administration. NHTSA data also indicated that 2,116 drivers ages 15 to 20 years old were killed in 2021, and about 203,256 were injured in car crashes that year.

Tesla's rumored 'Night Curfew' and speed limiters sound like a dream for parents

<keyword id="6357103" type="COMPANY" weightage="20" keywordseo="delhi-traffic-police">Delhi Traffic Police</keyword> has issued a fresh notification superseding all previous orders regarding declarations of speed limits on the roads of NCT of <keyword id="66" type="LOCATION" weightage="20" keywordseo="Delhi">Delhi</keyword>. The order shall be published for the information of the general public in the official gazette and by affixing a copy on the notice boards of the office of all District Deputy Commissioner of Police and all Police Stations in Delhi/New Delhi, the notification read. The concerned civic road maintaining agencies shall erect the corresponding informatory sign boards indicating the speed limits at all prominent locations on the road/road stretches in their areas of jurisdiction for guidance and convenience of the road user/general public. This order has come into force with immediate effect from June 8. Unregulated plying of motor vehicles on a high speed on the roads of NCT of Delhi is endangering the life of motorists as well as other road users/commuters and it is necessary to regulate the speed of motor vehicles on the roads of NCT of Delhi for safety of motorists as well as other road users. The notification has been issued by Satyawan Gautam, Deputy Commissioner of Police/Traffic (Modernization), Delhi in exercise of the powers, conferred u/s 28(1) (b) of Delhi Police Act, 1978 read with Rule 9 (1) of the Delhi Control of Vehicular and Other Traffic on Roads and Streets Regulations, 1980 which revises the maximum speed limit (where road condition permits) for various type of motor vehicles on Delhi roads. For cars, jeeps, taxis, cabs, the maximum speed limit is revised to 70 km per hour on NH-48 (Earlier NH-8) from Parade Road/Gurgaon Road Crossing to Delhi Gurgaon Border, DND Flyover - Mayur Vihar Link Road and NH-44 (Earlier NH-1) from <keyword id="2802822" type="COMPANY" weightage="20" keywordseo="Singhu-Border">Singhu Border</keyword> to Sanjay Gandhi Transport Nagar, Noida Toll Road (The straight stretch from Delhi side upto Toll Gates and from the Toll Gate upto the points where curves lasts), Saleemgarh Bypass Road (Ring Road Bypass). Similarly, it was also revised on NH-9 (Earlier NH-24) from Millennium Park to Gazipur Border, NH-9 (Earlier NH-10) from Ghevra Xing to Tikri Border, Northern Access Road from Red Light NSG to T-Point of Northern Access &amp; Central Spine, Central Spine Road from Mahipalpur Chowk to Terminal III, IGI Airport. A maximum speed of 60 km per hour is prescribed on stretches including NH-44 (Earlier NH-1) from Sanjay Gandhi Transport Nagar to Mukarba Chowk, Barapulla Nallah Road from Sarai Kale Khan upto Aurobindo Marg Xing, Ring Road from Chandgi Ram Akhara to Azadpur Flyover via ISBT, Rajghat, <keyword id="187137" type="COMPANY" weightage="20" keywordseo="ITO">ITO</keyword>, Sarai Kale Khan, Ashram Chowk, <keyword id="40458" type="COMPANY" weightage="20" keywordseo="AIIMS">AIIMS</keyword>, DhaulaKuan / Naraina, Punjabi Bagh, Outer Ring Road from Modi Mill Flyover upto Olaf Palme MargNH-8 Xing via Munirka. The speed limit is also revised on Outer Ring Road from District Centre Janakpuri via Peeragarhi, Mukarba Xing via Burari Xing upto Chandgi Ram Akhara, Pushta Road (Marginal Bandh Road) from Noida Border (Chilla Regulator) to New Geeta Colony Grade Separator via Akshardham Flyover, Radisson Road from T-Point Radisson Hotel to Terminal-III, IGI Airport , Terminal-II, IGI Airport Road from T-point of Terminal-II Road and Central Spine to Terminal-II, IGI Airport. A maximum speed for cars of 50 kmph on NH-44 (Earlier NH-1) from Mukarba Chowk to Azadpur Chowk, Ring Road from Azadpur to Chandgi Ram Akhara via Model Town, Kingsway Camp, Mall Road, NH-9 (Earlier NH-10) from Punjabi Bagh to Ghevra Xing, All arterial roads in areas between Ring Road and Outer Ring Road, beyond Outer Ring Road, inside Ring Road and entire Trans Yamuna area (except roads which are specifically mentioned in the table). The lowest limit of 30 kmph is directed for All minor roads inside all Residential Areas / Commercial Markets and service roads / service lanes. SEE ALSO <a target="_blank" class="c-link" href="https://www.businessinsider.in/stock-market/news/yes-bank-suven-pharma-powergrid-and-other-stocks-to-watch-out-for-on-june-11/slidelist/83421259.cms">Yes Bank, Suven Pharma, PowerGrid and other stocks to watch out for on June 11</a> <a target="_blank" class="c-link" href="https://www.businessinsider.in/business/corporates/news/gautam-adani-reportedly-planning-to-launch-new-ipos-adani-airports-and-adani-wilmar/articleshow/83393049.cms">Adani Group reportedly planning to launch IPOs of its airport and food businesses</a> <a target="_blank" class="c-link" href="https://www.businessinsider.in/cryptocurrency/news/more-than-800-arrested-in-16-countries-millions-seized-in-cryptocurrency/articleshow/83371837.cms">Global drug ring busted: More than 800 arrested in 16 countries, millions seized in cryptocurrency</a>

Delhi revises maximum speed limit for motor vehicles

July's here, and as we inch closer to the budget, which is set to be presented around the latter half of July, there is much talk about how it will affect our pockets. Reports suggest the government is considering raising the <keyword id="20429578" type="General" weightage="20" keywordseo="standard-deduction" source="keywords">standard deduction</keyword> threshold from existing Rs 50,000 to Rs 1,00,000, amidst other things. The most common wish for a salaried employee is to reduce the income tax rates across all slabs, but at the moment, this seems unlikely. That aside, we decode the common man's wish list and what they look forward to in terms of <keyword id="22225988" type="General" weightage="20" keywordseo="income-taxes" source="keywords">income taxes</keyword> as the Finance Minister <keyword id="19916618" type="General" weightage="20" keywordseo="nirmala-sitharaman" source="keywords">Nirmala Sitharaman</keyword> drafts the budget. <h2>Wish 1: Raise the standard deduction to Rs 1 lakh</h2>A standard deduction is a fixed amount that you can deduct from your taxable income right away, to reduce your overall tax liability. You do not need to furnish any proofs for this amount. Currently, this stands at Rs 50,000, under both old and new tax regimes. Raising this threshold to Rs 1,00,000 will mean more disposable income in your hands. And as per the policy experts, this is the most likely change that we can expect under the new budget. <h2>Wish 2: Increase the <keyword id="20228341" type="General" weightage="20" keywordseo="basic-exemption-limit" source="keywords">basic exemption limit</keyword> in new tax regime</h2>As per EY's pre-budget expectation report, an increase in the basic exemption limit from the present Rs 3,00,000 to Rs 5,00,000 would immensely benefit the common man. Earlier, this limit was set at Rs 2,50,000. Note that unless you specifically opt for the old regime, the new tax regime is considered as your default choice starting 2023. If your annual income is equal to, or falls below this basic exemption limit, you do not have to pay any income tax. <h2>Wish 3: Increase tax-free limit of LTCG gains </h2>At present, if you sell any equity mutual fund unit or share after more than 12 months of holding it, you'll have to pay a 10% long-term capital gains (LTCG) tax. However, within one financial year, long-term capital gains below Rs 1,00,000 are tax-exempt. As EY's report notes, raising this extant tax-free limit to Rs 2 lakh would be beneficial, especially in boosting long-term investing sentiment in the country. But will this come true? Only Nirmala Sitharaman knows! <h2>Wish 4: Consider some tier-2 cities as metros for HRA exemption </h2>Residents of Gurugram, Noida, Bengaluru, listen up! HRA, or House rent allowance is a crucial component of our salary, and hence, our tax planning as well. You can get HRA exemption on the lowest amount amidst these 3: 1. Actual HRA received 2. 50% of salary for metro cities (Delhi, Mumbai, Kolkata, Chennai) 3. 40% of salary for non-metro cities 4. Rent paid- 10% of salary But its no secret that residents of nearby cities like Noida, Gurugram, Faridabad, or rapidly developing urban hubs like Pune, Ahmedabad, Ghaziabad, Hyderabad, Bengaluru, Thane bear the brunt of sky-high residential rents that takes a huge toll on their monthly income. Yet, they cannot claim 50% of their salary for HRA exemption. Since these cities has been classified as a non-metro, residents can claim a maximum of 40% of their salary as exemption. In case rent exceeds Rs 1,00,000 annually, you are also required to furnish the PAN details of landlord, along with a formal rental agreement. Consider this. You live in Delhi, and have an annual income of Rs 10,00,000. For HRA purposes, you can claim exemption of up to Rs 5,00,000, since Delhi is considered a metro. But, if you live in Ghaziabad, or Noida, the limit available to you sharply falls down to Rs 4,00,000. This budget, as reports note, considering these cities as metros for tax purposes would provide some relief to the common man's pocket. Per a recent report by ANAROCK research, the top 7 cities in the country (Mumbai metropolitan region, Hyderabad, Bengaluru, Pune, Delhi NCR, Chennai and Kolkata) saw an average price rise between 13-39% on a yearly basis. In fact, it was Hyderabad recorded the highest yearly price rise in residential property last quarter, jumping by as much as 39%. <h2>Wish 5 : Enhance exemption limits under the old regime</h2>The list is endless, but so are our wishes! Experts are also suggesting an enhancement in the existing limit for deduction towards interest on housing loan for self-occupied house. From its present limit of Rs 2 lakh, it should be taken to Rs 3 lakh. Also, the Rs 2-lakh cap on set off of house property loss against other heads in the same year should be done away with. For senior citizens, there should also be greater clarity on how funds received from <keyword id="19919089" type="General" weightage="20" keywordseo="nps" source="keywords">NPS</keyword> (National Pension System) via the systematic lumpsum withdrawal plan should be taxed. Well, we can only hope some, if not all of these wishes come true when finance minister presents the union budget in the parliament this month.

Budget 2024: Increase standard deduction, exemptions and more, an aam aadmi's wishlist

<ul class="summary-list"><li>A British Airways pilot said a drone flew "extremely close" to their aircraft at 9,600 feet.</li><li>The Airbus A321 was flying at 250 mph when the drone was spotted, the MailOnline reported.</li></ul>A <a target="_blank" href="https://www.businessinsider.com/airline-passenger-broken-headrest-exposed-bolt-long-distance-flight-2024-3">British Airways</a> jet had a close call with a drone flying more than 9,000 feet above its legal limit, safety investigators have said.One of the pilots on the <a target="_blank" href="https://www.businessinsider.com/see-inside-airbus-a321neo-pioneering-long-haul-single-aisle-trend-2022-1">Airbus A321</a> said they saw an unmanned aircraft system (UAS) appear level with the plane's nose that then "shot down our right-hand side," describing it as "extremely close," per an Airprox <a target="_blank" href="https://www.airproxboard.org.uk/Documents/Download/2293/b6a1e017-ac79-4d3f-96fb-c800a254612e/3240">report</a>.The plane was roughly 30 miles away from London Heathrow Airport when the incident occurred, the report said.The pilot added that the UAS had been "on a constant bearing with closing distance."Recreational drone operators are barred from flying any higher than 400 feet in the UK, according to the Civil Aviation Authority, but this one was recorded at an altitude of 9,600 feet — 24 times the limit.The incident occurred on January 3, but it was first reported by the <a target="_blank" href="https://www.dailymail.co.uk/news/article-13250171/British-Airways-flight-misses-drone-narrowly-dodged-jet-Greece-Heathrow-close-call.html">MailOnline</a> on March 28.The Mail's report said the jet had 180 passengers on board and was flying at 250 mph while on its way back to London from Athens when the encounter took place.The aircraft was waiting to join the final flight path to Heathrow when they spotted the rogue <a target="_blank" href="https://www.businessinsider.com/china-made-drones-flying-restricted-dc-airspace-spark-spying-fears-2022-11">drone</a>, per the report.The drone came within about five feet of the wing and around 30 feet of the cockpit, it added.The incident was categorized as high risk in the Airprox report.Researchers at the University of Dayton warned in 2018 that it was "only a matter of time" before a <a target="_blank" href="https://udayton.edu/udri/news/2018-09-13-risk-in-the-sky.php">drone strike</a> caused significant damage to a plane.David Dunn, a drone expert at Birmingham University, highlighted the dangers posed by drones to <a target="_blank" href="https://www.telegraph.co.uk/travel/travel-truths/drone-bring-down-jet-emirates-gatwick-airport-ukraine-war/">The Telegraph</a>: "Research shows that a drone collision at speed in the air, through the walls of the aircraft, is enough to down an aircraft.""If a drone was to go through the windscreen of an aircraft, it would certainly incapacitate the crew," he added.In 2018, <a target="_blank" href="https://www.businessinsider.com/gatwick-airport-video-shows-drone-that-shut-down-runway-for-32-hours-2018-12">flights were halted at London's Gatwick Airport</a> after drones were spotted close to a runway. It led to more than 1,000 flights being canceled between December 19 and December 21.

A British Airways jet came 'extremely close' to a drone that was flying 24 times above its legal maximum altitude, report says

<ul class="summary-list"><li>China just showed off its second dragon-themed tunneller, which it said will drill an undersea railway.</li><li>It's touted by China as the world's longest undersea high-speed railway tunnel.</li></ul>China's state-run railway giant on Monday revealed the second of its dragon-themed tunnel-boring machines for what it says is the longest undersea rail channel in the world.The Yongzhou machine, unveiled at China Railway Construction's Changsha facility, was given a "Dragon of Fortune" paint coat to commemorate the Year of the Dragon, per <a target="_blank" href="https://weibo.com/2803301701/O2nRMBKJf?refer_flag=1001030103_">state media The People's Daily.</a>Another grand tunneling machine, the Dinghai, was also painted to resemble a dragon and was <a target="_blank" href="https://english.news.cn/20240110/c4e3c8146b88443599dee46ab528d058/c.html">unveiled at the same facility in January.</a><div type="image" title="Workers record the tunnel boring machine TNM Dinghai at an industrial park of China Railway Construction Heavy Industry Corporation Limited in Changsha, central China's Hunan Province, Jan. 10, 2024." height="5411" width="8117" msid="108035328" hostid="261" sizebytes="5396098"></div>State media said both machines would be used to drill the Jintang undersea tunnel, a railway channel about 10 miles long that runs as deep as 255 feet below the seabed.The Jintang undersea tunnel has been lauded by Chinese media as "the world's longest undersea high-speed railway tunnel," but that title might be up for debate. Japan's <a target="_blank" href="https://www.railway-technology.com/projects/seikan-tunnel/">Seikan high-speed railway tunnel</a> includes a longer underwater stretch, which is 14.5 miles and passes under the Tsugaru Strait. It is limited to <a target="_blank" href="https://www.railjournal.com/passenger/high-speed/jr-hokkaido-seeks-higher-speeds-in-seikan-tunnel/">speeds of 100 miles per hour.</a>The <a target="_blank" href="https://www.getlinkgroup.com/en/our-group/eurotunnel/channel-tunnel/">Channel Tunnel</a>, which connects England and France, boasts an even longer underwater section of about 23.5 miles, and its railway operates at a maximum speed of around 100 miles per hour.But the Jintang tunnel is part of the larger <a target="_blank" href="http://www.xinhuanet.com/politics/2020-11/02/c_1126687828.htm?baike">Ningbo-Zhou railway,</a> which is 47 miles long in total and designed for speeds of up to 155 miles per hour. That would make the Ningbo-Zhou the world's longest high-speed railway tunnel with an underwater section.It would enable rail travel between Zhoushan Island, China's third-largest island, and the country's east coast.

China unveiled new dragon-themed drillers that it hopes will build the world's 'longest undersea high-speed railway tunnel'

<ul><li><keyword id="6363321" type="General" weightage="20" keywordseo="audi" source="Orion">Audi</keyword> has launched a limited edition version of the Q8 model in India.</li><li>The limited edition <keyword id="-162" type="General" weightage="20" keywordseo="audi-q8" source="Orion">Audi Q8</keyword> SUV has been launched with a price tag of ₹1.18 crore.</li><li>The <keyword id="10080932" type="General" weightage="100" keywordseo="audi-q8-limited-edition" source="Orion">Audi Q8 limited edition</keyword> features the same engine as its regular counterpart.</li></ul>German luxury automaker Audi on Monday showcased the limited edition Q8 in India ahead of the festive season. The car has been launched with an improved exterior design, while retaining the same engine as the standard Q8. “The Audi Q8 is the most versatile SUV in our product portfolio. We are happy to begin the festive season with the launch of a limited-edition Audi Q8 for customers who are looking for a car that is a blend of comfort, elegance, and a technology-rich experience,” said Balbir Singh Dhillon, Head of <keyword id="148913" type="General" weightage="50" keywordseo="audi-india" source="Orion">Audi India</keyword>. <cmsannotation type="cmsannotation" annotationid="Audi Q8 limited edition price and availability" comment="subhead" text="Audi Q8 limited edition price and availability"><keyword id="18732661" type="General" weightage="20" keywordseo="audi-q8-limited-edition-price" source="Orion">Audi Q8 limited edition price</keyword> and availability</cmsannotation> The Audi Q8 limited edition has been launched with an ex-showroom price of ₹1.18 crore. The car is available in three colour options – Mythos Black, Glacier White and Daytona Gray. Audi has said that the car will be sold in a limited number only. <cmsannotation type="cmsannotation" annotationid="Audi Q8 limited edition features" comment="subhead" text="Audi Q8 limited edition features">Audi Q8 limited edition features</cmsannotation> The Audi Q8 limited edition comes with a blacked-out grille, wing mirrors and roof rails. The car is equipped with the company’s S-line exterior package. The car is also equipped with four-zone climate control, five-spoke 21-inch alloy wheels and a Bang and Olufsen speaker system. The limited edition retains the same 3.0-litre turbo-petrol engine mated with a 48V mild-hybrid system. The engine is capable of delivering a maximum power output of 340 hp and 500 Nm of peak torque. The car offers a top-speed of 250 km per hour and can go from 0 to 100 in just 5.9 seconds. The limited edition SUV is equipped with a button-less navigation touchscreen. It is equipped with a 10.1-inch infotainment screen and an 8.5-inch screen for controlling the HVAC. As it is a premium car, it is equipped with several safety features as well. It comes with 8 airbags, electronic stabilisation program, Audi Park Assist with Parking Aid Plus, a rear-view camera and more. Limited edition or special edition cars are not new to India. BMW India launched the BMW 6 Series Gran Turismo M Sport Signature limited edition in India with a price tag of ₹75.6 lakh. Similarly, Skoda had launched the special editions for its popular cars Kushaq and Slavia earlier this month. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/tata-nexon-new-ev-facelift-introduced-revamped-design-up-to-465-km-range-and-more/slidelist/103498973.cms">Tata Nexon EV facelift introduced – revamped design, up to 465 KM range &amp; more</a> <a href="https://www.businessinsider.in/business/auto/news/volvo-c40-recharge-with-530-km-range-launched-in-india-for-61-25-lakh/articleshow/103382328.cms">Volvo C40 Recharge with 530 km range launched in India for ₹61.25 lakh</a> <a href="https://www.businessinsider.in/business/auto/news/upcoming-new-cars-in-india-in-september-2023/slidelist/103247552.cms">Tata Nexon to Aston Martin DB12 – Cars launching in India this September</a>

Audi Q8 limited edition races into the festive season with a ₹1.18 crore price tag

New Delhi, <keyword id="47209" type="General" weightage="20" keywordseo="finance-ministry" source="Orion">Finance Ministry</keyword> would consider capital infusion in three loss-making public sector general insurance companies based on their financial performance of nine months. The infusion if required would be made in the fourth quarter of the current financial year, sources said. According to sources, the finance ministry last year asked three insurers -- National Insurance Company Limited, <keyword id="94451" type="General" weightage="80" keywordseo="oriental-insurance-company-limited" source="Orion">Oriental Insurance Company Limited</keyword> and <keyword id="356117" type="General" weightage="80" keywordseo="united-india-insurance-company" source="Orion">United India Insurance Company</keyword> -- to chase bottomlines rather than topline and underwrite only good proposals. The financial review would give some idea about the impact of restructuring initiated on the profitability numbers and the solvency margin, sources said. The solvency margin is the extra capital the companies must hold over and above the claim amounts they are likely to incur. It acts as a financial backup in extreme situations, enabling the company to settle all claims. The government last year provided Rs 5,000 crore capital to three insurers -- National Insurance Company Limited, Oriental Insurance Company Limited and United India Insurance Company. Kolkata-based National Insurance Company Limited was given the highest, Rs 3,700 crore, followed by Delhi-based Oriental Insurance Company Limited (Rs 1,200 crore) and Chennai-based United India Insurance Company (Rs 100 crore). According to sources these companies have been asked to improve their solvency ratio and meet the regulatory requirement of 150 per cent. The solvency ratio is a measure of capital adequacy. A higher ratio reflects better financial health and the ability of the company to pay claims and meet future contingencies and business growth plans. Barring the solvency ratio of <keyword id="6369780" type="General" weightage="80" keywordseo="new-india-assurance" source="Orion">New India Assurance</keyword>, this key indicator of the three public sector general insurance companies stood below the regulatory requirement of 150 per cent. During 2019-20, the government infused Rs 2,500 crore in these three companies. It increased substantially to Rs 9,950 crore in the following year and Rs 5,000 crore in 2021-22. In all, the government infused Rs 17,450 crore into these insurance firms so far to improve their financial health. Public sector general insurance companies are undergoing various reforms, including organisational restructuring, product rationalisation, cost rationalisation and digitalisation. For efficient use of capital and to push profitable growth, the sources said, a set of key performance indicators linked reforms have been initiated by all public sector general insurance companies effective 2020-21, when the maximum capital infusion was made. Of the four state-run general insurance companies only New India Assurance Company is listed on the stock exchanges, the remaining three are wholly owned by the government. The government has already announced its intention to privatise one general insurance company. To facilitate privatisation, Parliament has already approved amendments to the General Insurance Business (Nationalisation) Act (GIBNA). Finance Minister <keyword id="129243" type="General" weightage="80" keywordseo="nirmala-sitharaman" source="Orion">Nirmala Sitharaman</keyword> in the Budget 2021-22 announced a big-ticket privatisation agenda, which included two public sector banks and one general insurance company. "We propose to take up the privatisation of two public sector Banks and one general insurance company in the year 2021-22. This would require legislative amendments," she had said.

Govt may infuse capital in PSU general insurers in Q4 based on performance

<ul class="summary-list"><li><a href="https://www.businessinsider.com/listen-nasa-reveals-black-hole-sounds-spooky-audio-2022-8">Black holes</a> can move through the universe at 17,500 miles per second, scientists have calculated.</li><li>That's one-tenth <a href="https://www.businessinsider.com/how-fast-speed-light-travels-earth-moon-mars-nasa-2019-1">the speed of light</a>, according to a study published in Physical Review Letters.</li></ul>Scientists have calculated a potential speed limit on the universe. And it could offer a window into <a href="https://www.businessinsider.com/muon-experiment-physics-hidden-force-universe-2021-4">new laws of physics</a>. The speed limit has to do with black holes — objects in space so dense that their gravity permanently captures anything that ventures too close, including light. That's <a href="https://www.businessinsider.com/first-image-reveals-black-hole-at-milky-way-galaxy-center-2022-5">why black holes appear black</a>. When two black holes are locked in each other's gravitational caress, they will either collide or recoil. If they <a href="https://www.businessinsider.com/nasa-image-possible-first-rogue-roaming-supermassive-black-hole-2023-3">recoil and go flying off into space</a>, what maximum speed could they reach?That's the question that two scientists have answered in a recent <a href="https://info.aps.org/l/640833/2023-08-09/2q13lw/640833/1691616553j1lZZmjZ/LZ17765_min.pdf" target="_blank" rel="noopener">study</a> published in the scientific journal Physical Review Letters<a href="https://www.livescience.com/physics-mathematics/newly-discovered-black-hole-speed-limit-hints-at-new-laws-of-physics" target="_blank" rel="noopener"></a>. The scientists estimate the recoil speed limit for black holes is around 63 million miles per hour.That's roughly 17,500 miles per second, or one-tenth <a href="https://www.businessinsider.com/how-fast-speed-light-travels-sun-earth-pluto-hours-2019-1">the speed of light</a>. It's fast enough to circle planet Earth in 1.4 seconds. <h2>A window into new laws of physics</h2><div type="image" title="A yellow ring shows a black hole outlined by a bright yellow ring of dust being burnt up." height="573" width="765" msid="102996441" hostid="261"></div>Carlos Lousto, co-author of the study, emphasized the enormous implications of the finding."We are just scratching the surface of something that could be a more universal description," Lousto, a professor of mathematics and statistics at the Rochester Institute of Technology told <a href="https://www.livescience.com/physics-mathematics/newly-discovered-black-hole-speed-limit-hints-at-new-laws-of-physics">Live Science</a>.The newly discovered speed limit could change how we understand everything "from the smallest to the largest objects in the universe," he added.Lousto and his colleague used <a href="https://www.businessinsider.com/albert-einsteins-theory-of-relativity-notes-sold-for-13-million-2021-11">Einstein's theories of general relativity</a> to simulate how two interacting black holes will change over time. <div type="image" title="An artistic rendering of two massive black holes in the OJ 287 galaxy." height="2267" width="3023" msid="102996443" hostid="261"></div>They ran 1,381 different simulations, tweaking small factors for each one like the point of closest approach and speed of rotation (yes, <a href="https://www.businessinsider.com/black-hole-first-photo-event-horizon-telescope-picture-explained-2019-4#black-holes-are-tangled-messes-of-magnetic-fields-white-lines-thanks-to-their-spin-and-orbiting-disk-of-superheated-matter-orange-this-animation-shows-the-relativistic-jets-gray-created-by-a-black-hole-feeding-on-matter-9">black holes can spin</a>). They calculated that the maximum speed limit that recoiling black holes could reach was around 63 million mph. But that's according to the equations established by the physical laws we know and love today.What if astronomers observe black holes that break this speed limit, recoiling at speeds greater than 63 million mph? A mystery like that could force scientists to turn to new, unknown laws of physics for an explanation.It wouldn't be the first time a discovery has upended physics as we know it.There are still some crucial outstanding mysteries that indicate scientists' current model of physics is missing something.<a href="https://www.businessinsider.com/dark-matter-experiment-possible-discovery-new-particle-physics-2020-6">New particles</a>, <a href="https://www.businessinsider.com/muon-g-2-experiment-wobble-physics-mystery-may-reveal-fifth-force-of-nature-2023-8">particles that are too wobbly</a>, and evidence that <a href="https://www.businessinsider.com/universe-expansion-crisis-cosmology-new-physics-hubble-constant-2019-10" target="_blank" rel="noopener">the universe is expanding faster than expected</a> could all lead to new physics.Checking for black holes that exceed the speed limit is an opportunity to find more clues about what the heck is going on in our universe."It will be interesting to see whether nature exceeds this in some situations that could signal deviations from our understanding of how black holes work," Imre Bartos, a professor of physics at the University of Florida who was not involved with the study, told Live Science.

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