According to reports, a mixed response was seen in states including...
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Japan:Businesses navigating rapidly changing market and geopolitical volatility
Tatsuya Yamamoto, CEO of Japan at Aon, said, “Japanese...
Data-driven governance and research critical for resilient securities markets: SEBI Chairman
He highlighted that while artificial intelligence and advanced...
Protection Gaps: Globally insurance business expected to worsen through 2030
Costs from global ransomware damage are expected to climb to more than $250 billion within the next six years, and actions by individual carriers will not be sufficient to address future risks, a new research released by Bain & Company warns Protection gaps are...
Equity market volatility may persist long-term outlook remains constructive: Experts
"India seems better positioned relative to most Asian equities following the tariff announcements," said Hong Kong-based Alex Wolf, who heads Asia investment strategy at J.P. Morgan Private Bank New Delhi: The heightened global uncertainty due to the US sweeping...
North Korean fake IT experts infiltrate European firms: Google
The workers falsely claim to be from countries including Italy, Japan, Malaysia, Singapore, Ukraine, the US and Vietnam to secure jobs. They’re recruited through platforms including Upwork Inc., Freelancer and Telegram and paid with cryptocurrency, or via digital...
Firm issued fake insurance for Russian oil tankers, Norway’s regulator says
Such vessels are not regulated or covered by conventional Western insurers, posing the risk of unsafe tankers and environmental damage in the event of a wreck. The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was...
New India celebrates `Bima Jagruti Mahotsava’ in Gujarat
Furthering its commitment to financial inclusion, NIA has opened a dedicated State Insurance Plan office in Gujarat, manned by a senior executive of the company. This initiative aligns with IRDAI’s “Insurance for All by 2047” vision, with Gujarat being the designated...
Govt forms high powered panel to revamp pricing and reinsurance mechanisms for PMFBY
The committee will be chaired by additional secretary (Crop Insurance), Department of Agriculture & Farmers Welfare (DA&FW) and some of the other members are Devesh Srivastava, former CMD, GIC Re, Girija Subramanian, CMD, New India Assurance, Saurabh Mishra,...
Allianz scraps nuclear, military exclusions to back Europe’s rearmament drive
AGI wrote to its clients late last week to advise that its sustainable funds could now buy into companies that earned more than 10% of their revenue from military equipment and services. Germany’s Allianz Global Investors has dropped two exclusions blocking its...
Over 13 lakh electric 2-wheeler 3W sold in FY25: Govt
"In the Financial Year 2024-25, a total of 11,49,334 electric two-wheelers (e-2W) were sold, reflecting a 21 per cent increase compared to 9,48,561 units sold in FY 2023-24. Similarly, the sales of electric three-wheelers e-3W (L5) reached 1,59,235 units in FY...
Oracle Corp.’s computer systems hacked to extort multiple medical providers in US
``Available evidence suggests the threat actor illegally accessed the environment by using stolen customer credentials,” the company said in the notice. Oracle said it became aware of the breach around Feb. 20 Hackers broke into Oracle Corp.’s computer systems and...
Japan estimates feared megaquake could cause $1.8 trln in damage, kill 300,000 people
Japan is one of the world's most earthquake-prone countries, and the government sees about an 80% chance of a magnitude 8 to 9 earthquake along a tremulous seabed zone known as the Nankai Trough. TOKYO: Japan's economy could lose as much as $1.81 trillion in the event...