Tracking data shows some tankers turning around, and at least one...
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Middle East conflict: Exporters fear rise in logistics, insurance costs, impact on shipments
"Air routes are being altered, and maritime trade through the Red...
West Asia crisis: Except for far-east, all international flights from Indian airports cancelled
The DGCA on Saturday advised airlines to avoid airspaces of 11...
Transparency, investor protection boost confidence in MF as retirement vehicle: ICRA Analytics
“Equity mutual funds have captured significant inflows due to optimism about market recovery and growth, which is appealing for long-term retirement portfolios," said Ashwini Kumar, Senior Vice President and Head Market Data, ICRA Analytics. Mumbai: The assets under...
Govt tasks PSU general insurers to ramp up Property portfolio and customer services
(L to R)-Girija Subramaninan, CMD, New India Assurance(NIA), Krishna S Vatsa, member, National Disaster Management Authority and Parshant K Goyal, joint secretary, Department of Financial Services. at NIA's 107th foundation day celebration ``For protecting...
Centre conducts over 9,700 cybersecurity audits of critical sectors like banking, insurance
Jitin Prasada,Minister of State for Electronics and IT “The policies of government of India are aimed at ensuring a safe, trusted, and accountable cyberspace for all users. Multiple initiatives have been undertaken to secure critical infrastructure sectors such as...
No plan to levy GST on UPI transactions exceeding Rs 2,000: Centre
Pankaj Chaudhary, Minister of State of Finance Pankaj Chaudhary, Minister of State of Finance, said in the Rajya Sabha that "there is no recommendation of levying GST on UPI transactions of over Rs 2.000 from the GST Council”. New Delhi: The government has reiterated...
Insurance brokers should maintain high governance standards and business ethics: IRDAI member
Girija Subramaniam, CMD, New India Assurance Rakesh Jain, CEO, Reliance General Insurance,Satyajit Tripathy, member, Distribution, IRDAI , Naveen Chandra Jha, MD & CEO, SBI General Insurance, Abhilash Sridharan, Partner, McKinsey & Company at a panel...
UN’s top court says failing to protect planet from climate change could violate international law
The case is led by the Pacific island nation of Vanuatu and backed by more than 130 countries The court also said a "clean, healthy and sustainable environment" is a human right. Enshrining a sustainable environment as a human right paves the way for other legal...
FM expands footprint in India with new innovative centre in Bengaluru and sales office in Mumbai
Complementing the Bengaluru expansion, FM will also open a new sales office in Mumbai later this year. The Mumbai office will help the company strengthen its presence in the country’s financial capital, bringing it closer to key clients and decision-makers Bengaluru:...
Indian cities need $2.4 trillion for climate infrastructure by 2050, World Bank says
The number of Indians living in cities is projected to nearly double to 951 million by 2050 from 480 million in 2020. But erratic rainfall, heatwaves, and rising sea levels are leaving urban areas in the world's most populous nation increasingly vulnerable, the bank...
India’s financial inclusion index improves, surges to 67 from 64.2 in March 2024: RBI
It captures the level of financial inclusion using data from different sectors, including banking, insurance, investments, pensions and postal services. Mumbai: The Reserve Bank of India (RBI) on Tuesday said that the country's financial inclusion index (FI-Index)...
Natural disasters like floods emerge as top reason for buying home insurance in India: Survey
The survey highlighted that 41 per cent of the respondents in last 6 months consider natural calamities such as floods, earthquakes, and storms as the primary reason to purchase home insurance. These events have made people realise the importance of securing their...