Suresh N Patel, former Central Vigilance Commissioner Besides Patel...
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Centre notifies National Social Security Board, bringing gig & platform workers under Labour Codes
The National Social Security Board shall recommend to the Central...
India records one of the fastest poverty declines in the world, poverty down from 27.1% to 2.6%: World Bank
The report attributed the decline mainly to strong consumption...
FM expands alternative risk transfer solutions
Laurel Rudnick, chief underwriting officer, FM FM’s alternative risk transfer solutions are designed to work alongside traditional property insurance rather than replace it. By combining innovative risk financing options with FM’s scientific research, engineering...
“Please stay calm and do not panic”: Indian envoy Vipul issues message amid attacks in Saudi Arabia
The embassy's Thursday advisory cautioned that filming, publishing or sharing information related to missile and drone interceptions and their impact sites could expose individuals to legal liability under local rules. Riyadh: Indian Ambassador to Saudi Arabia Vipul...
Container Ship sinks in Strait of Hormuz as attacks ramp up
The total loss of a container ship like the GFS Pride is relatively rare, with just 33 such events between 2016 and 2025, according to insurance provider Allianz Commercial. The risks to all kinds of trade through the strait have risen sharply as Iran ramps up attacks...
Setback for TikTok as EU Court adviser backs Gatekeeper label
The case, the first involving the EU’s Digital Markets Act (DMA) to reach the Court of Justice of the European Union, is being closely watched by technology companies seeking clues on whether Europe’s courts will reinforce or limit regulators’ efforts to boost...
French supermarkets’ cyber insurance unlikely to cover food losses, insurers say
Cyber insurance typically does not cover physical losses from attacks and supermarkets’ claims could be affected if they lacked the latest software updates, four insurance brokers told Reuters. The attack’s total costs could add up to tens of millions of euros...
Eight US states sue OpenAI, claiming ChatGPT harms young users
The lawsuits accuse the company of violating state consumer protection laws by misleading users about the safety of ChatGPT. The states also allege that the company created a public nuisance by endangering the health of their residents.The lawsuits represent the...
All India Insurance Employees’ Association joins UFBU in opposing sale of profitable IDBI Bank to Fairfax
Several major banks have successfully combined their banking operations with insurance businesses through subsidiary arrangements. Instead of exploring such possibilities, the Government has chosen to facilitate the transfer of control of a public sector bank to...
Cost and stigma affect access to professional mental health care, AXA report
As a barrier, stigma varies too and is often rooted in social and cultural attitudes. The research finds it is a greater barrier in countries such as the UK, South Korea and Hong Kong than in Switzerland, Turkey and Thailand. London: New research from AXA Global...
IRDAI to ensure smooth transition to new commission rules, may launch Public Insurance Registry in Jan 28: Seth
Ajay Seth,chairman , IRDAI "The idea is to allow for an orderly transition from the present system to a better systemThere's absolutely no intention that there should be a disruption for any market player or any individual."Ajay Seth,chairman, IRDAI Insurance...
Fairfax plans to merge Digit, IIFL Capital with IDBI Bank to build global financial services major, N. S. Kannan to be bank’s chairman
Prem Watsa, chairman and chief executive officer of Fairfax Financial Holdings, said the acquisition represented a rare opportunity to build a major financial institution in one of the world's fastest-growing economies. Toronto/Mumbai: Fairfax Financial Holdings,...