"Another day of Carnage witnessed on D-Street. Uncertainty looms...
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Indian re/insurers to impement Indian Accounting Standards (Ind AS) from April 1, can avail forbearance for 1-yr:IRDAI
To facilitate smooth transition, for insurers facing challenges in...
Life Insurance:Support for Indian households across stages
Out of the total benefits paid, ₹2.33 lakh crore has been on...
IDBI Bank strategic sale scrapped as financial bids below reserve price: Sources
Currently, the government and state-owned LIC together hold a 94.71 per cent stake in IDBI Bank. The government owns 45.48 per cent, and LIC holds 49.24 per cent in the lender. Of this, the government and LIC are looking to sell 60.72 per cent in IDBI Bank.The...
D-Street investors poorer by Rs 33.68 lakh cr since West Asia conflict began
Since 27 February, the benchmark 30-share BSE Sensex has fallen 6,723.27 points, or 8.27 per cent. During the same period, the total market capitalisation of BSE-listed companies has declined by Rs 33,68,419 crore, slipping to Rs 4,29,82,252.27 crore (about USD 4.65...
Comm min to help exporters at insurance front to deal with West Asia crisis: Official
Exporters are facing issues due to a joint attack launched by the US and Israel on Iran. It has led to a spike in ocean freight, air transport, and insurance premiums because of disruptions in the movement of oil and gas consignments. New Delhi: The commerce ministry...
Iranian Envoy confirms Tehran to give safe passage to vessels bound for India via Hormuz
Mohammad Fathali,Iran's Ambassador to India Answering a question on whether Iran would allow Indian-bound ships safe transit through the Strait, which is one of the critical routes for global energy trade, Fathali said,"Yes. Because India and I are friends. You can...
Top Africa insurer Sanlam flags ‘Massive’ risks from Iran war
The escalating tensions will hurt earnings of the firm with operations in 27 nations “very directly” as investor flight hits global equity markets and as rising fuel prices trigger inflationary pressure, which will result in higher borrowing costs.You impact consumers...
Extreme Heat:Making life increasingly unlivable
Scientists determined that on average, those 65 and older experience a month a year when heat prevents them from routine activities. Parts of Asia, Africa, Australia and North America are becoming unlivable for senior citizens, the researchers said. Younger adults...
Drugmakers warned against direct or surrogate weight-loss drug and obesity ads
Promotional activities, including what it described as "so-called (obesity) awareness campaigns" that function as surrogate advertisements for prescription drugs, could be treated as misleading marketing practices, according to the advisory. India is projected to...
Iran laying mines in the Strait of Hormuz:UK Defense Secretary John Healey
John Healey,UK Defense Secretary The narrowness of the Strait of Hormuz — it is less than 25 miles (40 kilometers) wide at the thinnest point — makes the danger of sea mines more acute, as ships have less room to maneuver and greater odds of striking one of the...
World faces largest-ever oil supply disruption on Middle East war, IEA says
The supply could rise in April as some Middle East Gulf producers use alternative export routes to bypass the Strait of Hormuz, and said that, for the year, production would still expand more quickly than global demand. The war in the Middle East is creating the...
Chubb to be lead partner on US’s $20 billion Maritime Reinsurance Plan
“Together, DFC and Chubb have identified several American insurance companies to provide reinsurance policies behind Chubb and alongside DFC to expand market capacity,” the agency added. US insurance giant Chubb will be the lead partner on the U.S. International...