``We are looking for developing some new schemes like insurance...
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Wedding Insurance:Securing bride’s dream day
In 2024–25, the average Indian wedding cost has risen to nearly...
Indian Non-Life Insurance Industry:Poised for significant growth in FY2026 & beyond
Notwithstanding geopolitical tensions and external headwinds, the...
Need for robust data quality to fortify digital governance, cultivate public trust: Niti Aayog report
While India's digital foundation are in place, the challenge now is ensuring that what flows though them is accurate, complete, and trusted New Delhi: Niti Aayog on Tuesday emphasised the urgent need for robust data quality to fortify digital governance, cultivate...
Escalating Hormuz tensions drive up Middle East war risk insurance costs, sources say
War risk insurance premiums for shipments to the Middle East Gulf have jumped to 0.5% from around 0.2-0.3% a week ago, as risks grow to the critical Strait of Hormuz, the sources said LONDON: U.S. and Israeli attacks on Iran and Tehran's reprisals have doubled the...
Indian stock market opens higher as geopolitical tensions ease
"The sharp reactions in the crude oil and stock markets suggest the geopolitical situation limping back to normalcy," said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited Mumbai: The Indian benchmark indices opened in green on Tuesday amid...
Asia warming twice as fast as global average: WMO
The sea surface in Asia is also warming at nearly double the global average over the past decades, said the World Meteorological Organization's "State of the Climate in Asia in 2024" report. New Delhi: Asia, the largest continent in the world with around 60 per cent...
Airlines weigh Middle East cancellations after US strikes in Iran
Cancellations in recent days to usually resilient aviation hubs like Dubai, the world’s busiest international airport, and Qatar’s Doha by international carriers show how aviation industry concerns about the region have escalated Airlines on Monday were weighing how...
Supertankers cross Hormuz shipping strait after avoiding it in past 24 hours
Greece’s shipping ministry warned on Sunday that the country’s owners should think twice about Hormuz transit and instead head to a safe port Two supertankers, each capable of hauling about 2 million barrels of crude, headed through the Hormuz shipping strait at the...
Indian insurers say RBI’s limit on duration for state debt STRIPS may dent demand
Earlier this month, the Reserve Bank of India enabled Separate Trading of Registered Interest and Principal of Securities (STRIPS) for state debt but said these securities can only be issued for bonds with a residual maturity of up to 14 years. MUMBAI: The Indian...
Insurance and vessels not available for Iran-bound cargo amid Middle East conflict, India’s basmati rice shipments to Iran stuck at ports
The shipments are primarily held up at Kandla and Mundra ports in Gujarat, with neither vessels nor insurance available for Iran-bound cargo due to the Middle East conflict, said president Satish Goyal New Delhi: Around 1,00,000 tonnes of basmati rice destined for...
Gold shows structural shift as volatility falls, rate sensitivity weakens: Llama Research
New Delhi: Volatility in gold prices has declined and its response to interest rate hikes has become increasingly asymmetric, signalling a deeper, structural shift in the metal's role in global portfolios, said Llama Research in its June edition.According to the...
Israel says Iran is hacking private security cameras
A spike in cyberattacks has accompanied the war between Israel and Iran, with a pro-Israel hacking group known as Predatory Sparrow claiming responsibility for disrupting a major Iranian bank and a breach that struck an Iranian crypto exchange. Iran’s state-run IRIB...