While the momentum in India is toward expansion, the global...
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Two days of stock market slump wipes out Rs 18.60 lakh cr from investors’ wealth
"Another day of Carnage witnessed on D-Street. Uncertainty looms...
Indian re/insurers to impement Indian Accounting Standards (Ind AS) from April 1, can avail forbearance for 1-yr:IRDAI
To facilitate smooth transition, for insurers facing challenges in...
Gross financial assets of Indian households rose by 14.5% in 2024: Allianz report
Over the past two decades, India’s real per capita financial assets have surged fivefold, marking one of the most impressive wealth growth trajectories among emerging markets, according to global insurer Allianz that released the 16th edition of its Global Wealth...
New rules for authenticating payments beyond SMS OTP to kick-in from April 2026
"Based on the perceived risk associated with the transaction, additional checks beyond the minimum two-factor authentication may be resorted to. Issuers may also explore using DigiLocker as a platform for notification and confirmation for high-risk transactions," RBI...
India’s resilience stands out amid increased global uncertainties: Sitharaman
"But amidst all uncertain global situations, India's resilience stands out and several favourable factors, such as strong macroeconomic fundamentals, a young demography, and greater reliance on domestic demand, provide the core strength to the Indian economy,"Finance...
Britain considering support for Jaguar Land Rover’s suppliers
The automaker failed to finalize a cyber insurance deal brokered by Lockton ahead of the incident, and appears to be uninsured directly for the attack, three senior cyber insurance market sources told The Insurer. JLR declined to comment. The luxury carmaker, owned by...
100% FDI: Indian Govt issues norms to ease compliance for foreign investment in insurance
The proposed changes to the Amended 2015 Rules make it clear that the government’s intent is not limited to encourage foreign investment in the insurance sector, but it extends to provide a more friendly regulatory environment to both the new foreign entrants, as well...
Govt considers nuclear liability fund in excess of Rs15 billion for major accidents
The planned fund would provide a clear legal mechanism to finance compensation beyond the operator’s cap. For insurance coverage against nuclear accidents, India now relies on a nuclear insurance pool, a policy tool launched in 2015 but not embedded in law. Though...
Karnataka HC rejects social media platform X Corp’s petition challenging takedown orders
"Social media needs to be regulated, and its regulation is a must, more so in cases of offences against women in particular, failing which the right to dignity, as ordained in the constitution of a citizen, gets railroaded," the court said. X Corp had moved the court...
UK police arrest man over hack that affected European airports
Ransomware gangs routinely publicise attacks and leak stolen data on dark web "leak sites" but websites that monitor those portals had not, as of Wednesday, detected any group claiming the hack. LONDON: British police said on Wednesday a man had been arrested as part...
Globally company executives face rising threats of violence: Survey
A survey of 2,352 security chiefs at large and medium-sized companies in 31 countries, conducted by US security and staffing company Allied Universal, found that businesses worldwide have faced increasing threats of violence, with the US technology sector the worst...
Mixed rainfall in India’s agri regions, floods and deficits, raise food inflation risk: Report
"The key agri states in the core productive zone of north western India are facing a mixed situation this year with a few states like Rajasthan, Punjab and Haryana grappling with flood like situations, while UP continues to be in a deficit…… there is an upward risk...