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Howden Re strengthens regional presence with Dubai license
Howden Re’s expanded Dubai operations will build on its current...
Wildfires and severe thunderstorms in the US drive global insured losses to $80 billion in first half of 2025
The wildfires that swept through parts of Los Angeles County in...
Rising AI-driven cyber attacks and geopolitical tensions hit India Inc, says Aon
Prasanna Kumar, head of cyber solutions for India at Aon, said, “We are witnessing India adopt AI at a rapid pace, which brings a host of new risks. Data poisoning attacks can compromise the integrity of critical AI systems and deepfake technology is now being used to...
RBI decides to keep interest rate unchanged at 5.5 pc
Sanjay Malhotra,Governor, Reserve Bank of India The Reserve Bank on Wednesday retained the GDP growth projection for the current fiscal year at 6.5 per cent while lowering the inflation forecast to 3.1 per cent from 3.7 per cent. Mumbai: After three successive...
Pollution boards can impose environmental damages, says SC
Having considered the principles that govern Indian environmental laws, we have held that the environmental regulators, the Pollution Control Boards exercising powers under the Water and Air Acts, can impose and collect restitutionary or compensatory damages in the...
LIC’s equity investment stands at Rs16.76 trillion till June 30, sees marginal decline in equity holding in Q1FY26
India’s largest institutional investor, Life Insurance Corporation of India (LIC), saw a marginal decline in its equity holdings. Across 284 companies where it holds over 1 per cent, LIC’s stake dropped to 3.68 per cent as of June 30, 2025, from 3.72 per cent at the...
Finance Act 2025 provides substantial relief under new tax regime: Minister
The Finance Act, 2025, has increased the income threshold for claiming a tax rebate under section 87A of the Income Tax Act, 1961 for resident individual taxable under the new tax regime under section 115 BAC of the Act from Rs 7 lakh to Rs 12 lakh, and the maximum...
Centre cuts prices of 35 essential medicines
The formulations, which will now cost less, span a wide range of medicines including anti-inflammatory, cardiovascular, antibiotic, anti-diabetic and psychiatric medicines New Delhi: In a move to make medicines more affordable for patients, the National Pharmaceutical...
IFSCA panel pitches for Cat Bonds and ILS in India
IFSCA can set up guidelines for the insurance-linked securities (ILS) and support initial issuance by way of cost subsidy/ grant on the lines of Singapore and Hong Kong. These incentives are important for creating a conducive ecosystem for ILS in the initial years, G...
Goa Institute of Management develops algorithm to tackle bias, collusion in e-commerce
"The developed algorithm ensures fairness by filtering based on credible review thresholds and competitive pricing. Aligning with the emerging antitrust regulations globally, the algorithm has demonstrated collusion-resistance and transparency via simulation and...
CCI admits ADIF complaint against Google over AdTech dominance charges orders wider probe
In its complaint, ADIF alleged that Google, through its multiple group entities, has engaged in anti-competitive conduct by self-preferencing its own services in the AdTech ecosystem, including tying and bundling of its publisher ad server (DFP) with its ad exchange...
Study finds climate change could worsen risk of diarrhoea among children in South, Southeast Asia
The findings, published in the journal Environmental Research, also highlight temperature extremes and declining rainfall (in a year's wettest month) as the two main climate-associated factors driving a higher risk of diarrhoea among children. Climate change could...