Recent years have also seen a growing list of pharma, food, and...
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Indian Insurtech sector attracted $ 2.5 bn funding, more investment to flow: Report
(Lto R) Vivek Mandhata, managing director & partner, Boston...
Facebook users affected by data breach eligible for compensation, German court says
Thousands of Facebook users in Germany are demanding compensation...
8th Bima Manthan: IRDAI and Insurers brainstorm implementation of IFRS and Cyber security measures
In an era where digital transformation is reshaping industries, cybersecurity has emerged as a paramount concern, with an alarming rise in cyber threats. There was dialogue on urgency of strengthening Information Systems (IS) security, which emerged as a critical...
Do not relax anti-pollution GRAP-4 curbs in Delhi without court’s nod: SC
A bench of Justices Abhay S Oka and Augustine George Masih pointed out that there was a delay in implementation of preventive measures under stage 4 of the Graded Response Action Plan (GRAP) even after the Air Quality Index (AQI) touched alarming levels in the...
End the secrecy: Insurers call on the EU to regulate private Third-Party Litigation Funding
Currently, the practice whereby private investors who are not party to the legal dispute, finance legal proceedings in exchange for a share of any financial award, is not properly regulated at European level Brussels: Insurance Europe, together with ten other...
DFC provides $50 million in new political risk insurance to expand War Insurance for Ukraine business
The facility will create a portfolio of war risk insurance policies for companies operating in Ukraine, support ARX in expanding its war risk insurance offering in Ukraine, and unlock more than $200 million in new coverage for static assets in Ukraine WARSAW: The U.S....
India clocks 12 pc rise in deal volume in Jan-Oct, China sees 23 pc decline
A total of 11,808 deals (mergers and acquisitions, private equity and venture financing deals) were announced in the Asia-Pacific (APAC) region during January to October 2024, which was a year-on-year (YoY) decline of 4.8 per cent, compared to the 12,406 deals...
Sitharaman responds to X user seeking relief for middle class
"PM @narendramodi's government is a responsive government. Listens and attends to people's voices. Thanks once again for your understanding. Your input is valuable," Sitharaman replied to the user on X New Delhi: Finance Minister Nirmala Sitharaman on Sunday responded...
Centre to hold national workshop on effective redressal of public grievances
Jitendra Singh,Minister of State (Independent Charge) for Personnel, Public Grievances and Pensions Department of Administrative Reforms and Public Grievances will highlight use of artificial intelligence (AI) and data analytics in Centralised Public Grievance Redress...
Indian economy to touch $7 trillion mark by 2031: Report
According to a Crisil report, "any further escalation in geopolitical tensions could constrain supply chains, disturb trade and push up oil prices, impacting inflation and sending input costs soaring." New Delhi: The Indian economy is expected to clock a medium-term...
FPIs selling-spree continues withdraw Rs 22,420 cr from equities in Nov
According to the data, FPIs recorded a net outflow of Rs 22,420 crore so far this month. This came following a net withdrawal of Rs 94,017 crore in October, which was the worst monthly outflow New Delhi: Foreign investors have pulled out Rs 22,420 crore from the...
UNESCO, IT Ministry host multi-stakeholder consultation on safety, ethics in AI
S Krishnan, secretary, MeitY, highlighted the critical role of the Digital Personal Data Protection Act in advancing responsible AI practices and reaffirmed India’s active participation in international AI forums to balance innovation with regulation New Delhi: India...