The parametric flood-risk product was designed by a team of...
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Singapore general insurance market’s gross written premiums rise 8.4% to S$6.09 billion in 2025
Despite the higher claim environment, the domestic segment...
SEBI Chairman launches Verified App Label initiative to protect investors from digital fraud
SEBI Chairman Tuhin Kanta Pandey noted that the regulator is...
FinMin for creation of two globally competitive banks as part of Viksit Bharat vision
The issue of globally competitive banks was deliberated during the first day of the two-day-long PSB Manthan 2025, organised by the Department of Financial Services here, One of the key points discussed was how to make at least two banks globally competitive and that...
Fossil-Fuel Demand: Myth of peak is crumbling
For now, the world isn’t performing an “energy transition” but an “energy addition,” where renewables top up oil, gas and coal. Regardless of well-intended green aspirations, that will remain the case for years, if not decades, unless governments impose significant...
Par panel recommends amending penal provision, mandatory fact-checking system to crack down on fake news
The Committee desire the Ministry of Information and Broadcasting to ensure that fact-checking mechanism and internal ombudsman should be made mandatory in all print, digital and electronic media organisations of the country," one of its recommendations said Most of...
Experiments of blending ethanol with diesel unsuccessful; new tests with Isobutanol on: Gadkari
"Experiments were carried out to blend 10 per cent ethanol with diesel, but they turned out to be unsuccessful. Now efforts are being made to blend diesel with isobutanol, which is a derivative of ethanol," Union Minister for Road Transport and Highways, Nitin Gadkari...
Future-ready power companies seize soft market advantages, Willis
Infrastructure hotspots such as Indonesia, Vietnam and the Philippines are attracting insurer capacity, especially for projects backed by international funding and reputable contractors. SINGAPORE: After years of navigating tough market conditions, power companies are...
World Suicide Prevention Day: Securing mental health
All age groups are affected by suicide and was the third leading cause of death among 15–29-year-olds globally in 2021, the last year for which data has been gathered by WHO More than 720,000 people commit suicide every year and many more attempt it. Now the head of...
Disasters damage $12.7 Billion of African Infrastructure annually
“Climate change is expected to increase the impact of disasters on infrastructure by as much as 27%, resulting in average annual loss of $2.4 billion,” the report said, without giving a date. “Africa is one of the most vulnerable regions to climate-related disasters.”...
Adani stops accepting sanctioned vessels at its ports, sources say
"To safeguard the legal and commercial interests of the Port, we hereby emphasize that sanctioned vessels are not accepted," Adani said in the orders seen by Reuters. NEW DELHI: India's Adani group has stopped accepting vessels that are sanctioned by the European...
Insurance Surety Bonds for NHAI contracts crosses Rs 10,000 cr landmark
Girija Subramanian, CMD, New India Assurance Till July 2025, 12 insurance companies have issued around 1,600 ISBs as ‘Bid Security’ and 207 ISBs as ‘Performance Security’ valued at around Rs 10,369 crores for NHAI contracts While the Indian general insurance industry...
US PE giant Blackstone buys majority stake in Ace Insurance Brokers
Ace Insurance Broker known for arranging major covers for Adani Group Market sources say Blackstone has acquired 70 per cent of Ace , set up by Raj Vinay Ajmera and Anil Arora, for over Rs 1700 crores Though, Blackstone has majority stakes with a five year lock in...