According to new Allianz Risk Barometer analysis,respondents in...
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London marine insurers widen high-risk zone in Mideast Gulf as conflict escalates
Gulf war risk premiums have risen fivefold in recent days compared...
‘Black Swan’ risks stalk container carriers in avoiding Iran war
Jeremy Nixon, the CEO of Ocean Network Express, said Monday there...
Nigeria insurance stocks gain most in almost 20 yrs on new law
The law, approved by Nigeria’s President Bola Tinubu, which makes insurance for property and other assets mandatory. encourages digitization and the creation of dedicated policyholder protection funds, is expected to transform the insurance industry in Africa’s most...
India sees normal monsoon rainfall some states drenched others parched
Of the 36 states and union territories for which the IMD provides figures, 25 are in the "normal" category (within 19 per cent of the long-period average), five are "deficient" (20 to 59 per cent below normal), five are in the "excess" category (20 to 59 per cent...
Trump tariffs to impact 55% of total Indian merchandise Exports To US, banks start scrutinising exporters
Lenders are asking borrowers more pointed questions when vetting new export financing proposals or renewals of such funding, the people said. They added that some export orders are being put on hold while trade negotiations play out between New Delhi and Washington...
Equity mutual funds see record inflows at Rs 42,702 crore in July: AMFI data
Retail participation saw growth, with total mutual fund folios rising to 24.57 crore in July from 24.13 crore in June. New Delhi: Equity-oriented mutual funds saw net inflows of Rs 42,702 crore in the month of July, up 81 per cent from Rs 23,587 crore in June, the...
No proposal to restore Old Pension Scheme for central government employees: FM
Nirmala Sitharaman,Union Finance Minister UPS has been introduced through a notification by the government on January 24, 2025, as an option under NPS, she said. Under UPS, she said, assured payout is admissible on retirement at 50 per cent of the twelve-month...
FPIs withdraw nearly Rs 18K cr from equities in August on trade tension
With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities has reached Rs 1.13 lakh crore so far in 2025, according to data from the depositories. New Delhi: Foreign investors have pulled out nearly Rs 18,000 crore from Indian equities so far this...
Smaller cities lead mutual fund growth, outpacing big metros in post-COVID era
The trend is also changing the geographical investment map of the country. States such as Uttar Pradesh, Rajasthan, and Madhya Pradesh -- traditionally seen as less prosperous -- have overtaken larger, more developed states in mutual fund asset rankings. New Delhi:...
Chouhan to transfer crop insurance claims worth Rs3,200 cr to 30 lakh farmers on Monday
Shivraj Singh Chouhan,Union Agriculture Minister Of the total claim amount, Rs 1,156 crore will be transferred to farmers in Madhya Pradesh, Rs 1,121 crore to 7 lakh farmers in Rajasthan, Rs 150 crore to Chhattisgarh-based farmers, and Rs 773 crore to farmers in other...
Mule Account Menace: Lucknow’s local youths fall prey to global cyber fraud network
The funds come from a range of cybercrimes in India: online investment frauds, fake job or task schemes, sextortion, and bogus trading platforms. Victims' payments are funnelled into mule accounts before disappearing into the blockchain - beyond the jurisdiction of...
Sebi scraps transaction charges for mutual fund distributors
Under the earlier framework, Sebi said distributors were eligible for such charges if they brought in a minimum subscription amount of Rs 10,000.This change is expected to simplify the distributor compensation process while maintaining transparency in the mutual fund...