Iran and the US have set up a communication line to “avoid...
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Iran declares Hormuz closure over Lebanon fighting, US says waterway remains open
U.S. President Donald Trump, in response, threatened to impose...
Repo Deals, G-Sec Lending: IRDAI recasts insurers’ investment playbook
In a significant change, insurers would be allowed to invest a...
DPDP Rules: From prompt data breach reporting to annual audits Indian firms’ new obligations
The DPDP rules require companies (those collecting/ seeking the personal data and termed as data fiduciaries) to undertake reasonable security safeguards to protect personal data, including use of appropriate measures like encryption, obfuscation, masking, or virtual...
DPDP rules set timer for rehaul of consent, breach response mechanism; industry hails phased roll-out
According to the regulations, users must have an easy way to revoke their consent or complain to the Data Protection Board (DPB) about infractions New Delhi: The Government of India has notified the Digital Personal Data Protection (DPDP) Rules, 2025, marking the full...
Substantial growth in insurance biz since GST rationalisation: Irdai’ Sood
"What we've seen in October, that is an indication of how things will be. I think both the life insurance industry and the retail health has seen substantial growth, substantial interest coming from people," Irdai's member(Non-Life) Deepak Sood said, adding that more...
Deadly heat worldwide prompts $300 million for climate health research at COP30
An October report in The Lancet scientific journal estimates the yearly number of deaths from heat-related causes worsened by climate change at nearly 550,000. Another 150,000 annual deaths can be linked to air pollution, often from the burning of fossil fuels but...
Zurich Insurance invests $170 million into APAC private debt
US life insurers have ramped up private debt investments, allocating close to a third of their $5.6 trillion in assets to the sector last year, up from 22% a decade ago, according to data compiled by research firm CreditSights. Zurich Insurance Group AG has selected...
China accuses US of committing $13 billion bitcoin hack
The Chinese government has recently become increasingly vocal in accusing the American government of hacking campaigns China’s cybersecurity agency accused the American government of orchestrating the theft of about $13 billion worth of Bitcoin, representing China’s...
Public health of Indians at risk due to substandard imports of PVC resin from China: Report
The study, titled "Balancing Growth and Public Health Safety: Criticality of PVC QCO in India," was released at IIT Delhi on Wednesday. It highlights that PVC, which forms nearly 30 per cent of India's economy, is used in critical areas such as water supply,...
Banks at crossroads as AI costs rise and risks escalate: S&P Report
In terms of risk management practices, the report pointed out that deploying AI technologies introduces new technical risks and increases reliance on third-party vendors. At the same time, AI can help banks improve risk identification, monitoring, and pricing. New...
Mahindra & Mahindra and Canadian Manulife form 50:50 life insurance JV, To invest Rs 3,600 crore
“We can plan getting into non-life business if composite license is allowed by the government afterwards.Mahindra brand strength, deep distribution capabilities in rural and semi-urban India and execution excellence make life insurance a logical extension towards our...
Willis and Rare partners to launch innovative insurance solution for fishers in the Philippines
Christopher Au, Head of APAC Climate Risk Centre, at Willis, said: “With over 1.9 million registered small-scale fishers relying on the nearshore for their livelihoods, the impacts of climate change, such as high winds, rough seas and heavy rainfall, pose increasing...