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Natural disasters cause US$224bn global damage in 2025, insured losses at US$ 108bn, says Munich Re
In the Asia-Pacific region, natural disasters resulted in overall...
Inequality top economic concern for youth globally:WEF survey
More than 56 per cent identified climate change and environmental...
Lloyd’s highlights risk of extreme space weather as latest scenario reveals potential global economic loss of $2.4trn
North America is identified as the region likely to be most financially impacted by the scenario, suffering a potential economic loss of $755 billion over the modelled five year period. However, the gap between the impact on North America and Europe is relatively...
HC stays special court order directing FIR against ex-Sebi chief Buch, 5 others
The HC's judgement came on petitions filed by Buch, three current whole-time SEBI directors - Ashwani Bhatia, Ananth Narayan G and Kamlesh Chandra Varshney and two BSE officials - Managing Director and Chief Executive Officer Ramamurthy and its former chairman and...
P/C insurers to weather volatile natural Catastrophe Risks
The industry has ample capability to absorb individual large loss events but is more vulnerable if there is a confluence of events in a short term. This was evidenced during 2001-2002, which included the September 11, 2001 terrorist attacks, a few hurricane events,...
SC asks Centre to regulate online content sans censorship
"We have suggested the solicitor general to deliberate upon and suggest such a regulatory mechanism which does not impinges upon the right of free speech and expression but at the same time is also effective enough to ensure the parameters of such fundamental right as...
Relevance of gold as asset class to rise in coming years Nageswaran
Chief Economic Advisor V Anantha Nageswaran said it is very important to remember the relevance and the importance of gold for a portfolio, a store of value etc, more so in the backdrop of the likely ascending importance of gold in the coming years. New Delhi: Gold...
Regulatory violations: Ex-SEBI chief Madhabi Puri Buch, 5 others move Bombay High Court against order directing FIR
The bench said it would hear the pleas on Tuesday and added that until then, the state Anti-Corruption Bureau (ACB), which was directed to probe the case, shall not act upon the special court order. Solicitor General Tushar Mehta appeared for Buch and three current...
Threats, political repatriations and kidnap dominate global crisis management landscape, says Willis report
Will Miller, Head of Crisis Management, Asia Pacific at Willis said: “We continue to see clients impacted by a wide range of incident types across a broad geographical footprint, affecting both their people and physical assets. Although the increase in the number of...
Stock market ‘fraud’: Mumbai court directs ACB to file FIR against ex-SEBI chief Madhabi Puri Buch, 5 others
Madhabi Puri Buch,former chairperson, SEBI "There is prima facie evidence of regulatory lapses and collusion, requiring a fair and impartial probe," the special ACB court judge, Shashikant Eknathrao Bangar, said in the order passed on Saturday The court said it will...
Glittering Gold: Pricey Assets in Demand
The drivers behind this surge include heightened uncertainty and fear of inflation that has been stoked by US President Donald Trump’s threats of tariffs, together with increased demand from central banks The gold price has surged to a new all-time high above USD...
New SEBI Chairperson Pandey’s four-point mantra — trust, transparency, teamwork and technology
"We work for trust, we work for transparency, we work for teamwork, and we work for technology. We will continue to create one of the best market institutions in the world," Pandey told journalists Mumbai: The new SEBI Chairperson, Tuhin Kata Pandey, has a four-point...