Private credit has been rattled in recent months by concerns about...
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OpenAI’s Altman says AI unlikely to trigger ‘Jobs Apocalypse’
Sam Altman,CEO,OpenAI Sam Altman said he and his executives had...
Asia emerging as a key global growth engine for cyber insurance market:Report
The report, “Unlocking Asia’s Cyber Insurance Opportunity: The...
Time for greater workforce formalisation, expansion of social security coverage:SBI report
Punjab records the highest share of informal workers at 82 per cent, followed by Uttar Pradesh and Bihar at 81 per cent each.Rajasthan, Chhattisgarh, Andhra Pradesh and Madhya Pradesh also exhibit high levels of informal employment, with nearly 74 per cent of workers...
Iran sets Hormuz transit rules; Shipowners stay cautious
Iran’s Islamic Revolutionary Guard Corps said Wednesday that “safe, stable passage” through the waterway will be possible with “new protocols in place.” That came soon after a report that the US had proposed a peace deal, which Tehran is now considering. Iran has laid...
MS Amlin launches industry-first property treaty consortium, to boost capacity for global data centres
The Property Treaty Per Risk (PPR) Consortium,bringing together four Lloyd’s syndicates, expands MS Amlin’s maximum line size from $50m to $67.5m, providing a 35% uplift in capacity for placements while maintaining a single coordinated underwriting and claims...
SEBI sets up ‘cyber-suraksha.ai’ task force amid rising AI-driven cyber risks
"The rapid evolution of emerging technologies including AI-driven vulnerability identification tools (E.g. Claude Mythos) has introduced new dimensions of risks for Regulated Entities," SEBI said in the circullar. New Delhi:Market regulator Securities and Exchange...
Life insurance industry’s new business prm almost grows 16% to Rs4.59 trillion in FY 26
In terms of policy issuance, the industry issued over 2.83 crore policies during FY26,marking a 4.7% increase over the previous year. The relatively higher growth in premium compared to policy volumes highlights an increase in average ticket sizes,,pointing towards...
US and Iran closing in on memo to end war,sources say
U.S. President Donald Trump Reports of the possible agreement caused global oil prices to plunge, with benchmark Brent crude futures falling around 11% to around $98 a barrel . Global share prices also leapt and bond yields fell on optimism of an end to a war that...
West Asia conflict: Govt announces credit line guarantee scheme for airlines, MSMEs
Ashwini Vaishnaw,Information and Broadcasting Minister "Additionally, this is expected to help businesses maintain their operations, protect jobs, and sustain supply chains. The proposed credit guarantee scheme is a major step to help businesses, particularly MSMEs...
Fragile truce tested as U.S. and Iran exchange fire in Strait of Hormuz”
The U.S. military said on Monday it destroyed six Iranian small boats, as well as cruise missiles and drones, after President Donald Trump sent the navy to escort stranded tankers through the strait in a campaign he called “Project Freedom.” WASHINGTON/CAIRO:A fragile...
QatarEnergy extends force majeure on Edison LNG supply to early July
Based on the information received so far, Edison now expects a reduction in future deliveries from QatarEnergy of around one third of the annual contracted volumes, before taking into account any potential mitigation actions, the utility said. MILAN: QatarEnergy has...
EV adoption gains momentum in April amid West Asia uncertainty, sector outlook cautious for May: FADA
The data showed that the transition towards EVs continued to deepen across categories. In the three-wheeler segment, EV penetration rose significantly, with EV share reaching 60.38 per cent. In passenger vehicles, EV share improved to 5.77 per cent, while in the...