Donald Trump,U.S. President Trump said the Strait of Hormuz, a...
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Govt approves 100% ethanol fuel accelerating shift to clean energy
Gadkari stated that several major automakers are preparing to...
AI risks are here, time for tough rules: Anthropic CEO Dario Amodei
Dario Amodei,CEO,Anthropic To ensure AI develops safely, Amodei...
UK sanctions Russia’s Lukoil and Rosneft, targets shadow fleet
"We are introducing targeted sanctions against the two biggest oil companies in Russia, Lukoil and Rosneft. At the same time, we are ramping up pressure on companies in third countries, including India and China, that continue to facilitate getting Russia oil onto...
India’s FinTech boom exposes sector to rising cyber threats: PwC Report
Shah Amber, Managing Director at PwC India, emphasised that with the fintech sector projected to reach USD 400 billion by 2030, strong cybersecurity will not only protect businesses but also reinforce customer confidence.Safeguarding customer data and building digital...
Cybercrime causing global economic damage of almost US$10 tn,1% of cyber risks currently insured: Munich Re
Claudia Strametz, who leads Munich Re's business for Germany and who is responsible for cyber business in Europe said, “Over the past 10 to 15 years, cyber insurance has experienced remarkable growth, evolving from a virtually non-existent product to a global market...
Mumbai businessman loses Rs 58 crore in ‘digital arrest’ fraud
The victim transferred Rs 58 crore through RTGS in multiple bank accounts within a span of about two months.He later realised that he had been cheated and approached the cyber police with a complaint, the official said Mumbai: A 72-year-old businessman in Mumbai has...
Insurance Development Forum raises $340 million for Infrastructure Resilience Development Fund
This debt fund will invest in small to medium-sized commercial infrastructure projects in emerging markets and developing economies (EMDEs). It will target a diversified portfolio of resilient infrastructure, including clean water and water management, waste...
Munich Re and New India provide first ever large parametric Pandemic Resilience cover to Mumbai’s biggest mall Phoenix Mills
``Munich Re is supporting these solutions with reinsurance capacity, however due to nature of pandemic risks no insurance balance sheet, not even one as strong as Munich Re’s, can absorb the potential losses alone. To make the consequences of a pandemic/epidemic...
Algorithmic decision-making may pose non-traditional risks to financial system RBI DG
Swaminathan J ,Deputy Governor, RBI The senior Reserve Bank official said that digital innovation is extending inclusion beyond payments. Micro-insurance and pension products are increasingly being delivered through digital platforms, helping low-income households...
Gold ETFs record 6-fold jump in Sep inflows amid geopolitical tensions, price rise: Report
Net assets under management for Gold ETFs surged to Rs 90,135.98 crore in September, nearly doubling from Rs 39,823.50 crore a year earlier, marking a 126.34 per cent increase. On a month-on-month basis, net AUM increased by 24.33 per cent from Rs 72,495.60 crore in...
Digital payment adaptability in India reaches 87%: FM Sitharaman
India is recognised as a world leader in digital payments, accounting for nearly half of all real-time digital transactions globally. The Unified Payments Interface (UPI) is the cornerstone of India's digital payment ecosystem. It processed over 18,580 crore...
Auto sales see strong uptick during Navratri, festive cheer to continue in Diwali, PV dispatches up 4 pc in Sept at 3 72 458 units
"The Indian automobile industry enters the second half of 2025-2026 with renewed cheer, supported by strong festive season momentum, stable macroeconomic conditions, and GST 2.0 reforms that have improved overall affordability and consumer sentiment," the industry...