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Maritime Reinsurance: 6 more US insurers to partner DFC and Chubb providing up to $40B in coverage for Strait of Hormuz passage
Apart from Chubb, Travelers, Liberty Mutual Insurance, Berkshire...
West Asia Crisis: War-risk insurance premium for Indian airlines moderates after reaching sky-high
The additional war risk premium stood at approximately Rs 30,00,000...
Parl panel seeks info on digital markets competition from CCI and MCA
Among other topics, the sources said the committee has asked about whether the ongoing India-US bilateral trade negotiations has any bearing on the progress of the digital competition bill New Delhi: A Parliamentary panel has sought detailed information from regulator...
Centralised KYC system in works Sebi chairman
Tuhin Kanta Pandey,chairman , SEBI The Central KYC is an online database that maintains KYC records of customers in a centralised manner, aiming to streamline compliance across financial institutions Elaborating on Sebi's AI-powered surveillance capabilities, Pandey...
India’s liberal FDI policy offers huge investment opportunities for global investors: Deloitte
India has made a significant advancement by allowing 100 per cent foreign direct investment under the automatic route in most sectors, including key areas like insurance, insurance intermediaries, tourism construction, hospitals, and medical devices New Delhi: India's...
Heat Waves: Global Climate Change Need To Be Addressed
Various initiatives have been undertaken by the Government of India with the help of States to reduce the impact of heatwaves in the coming years. The National Action Plan on Climate Change (NAPCC) and State Action Plan on Climate Change (SAPCC) are one of the major...
End on an Era- Warren Buffett to retire after heading Berkshire for six decade, Greg Abel to succeed
Buffett said he will recommend to Berkshire Hathaway’s board that Greg Abel should become CEO at the end of the year. OMAHA, Neb: Warren Buffett shocked an arena full of his shareholders Saturday by announcing that he wants to retire at the end of the year. Buffett...
India bans imports from Pakistan amid tension over tourist killings
India's Directorate General of Foreign Trade in a notification said the ban will take effect immediately NEW DELHI: India said it has banned the import of goods originating from or transiting via Pakistan as diplomatic tensions between the two nuclear-armed nations...
ICAI to help Sebi tackle financial frauds
ICAI President Charanjot Singh Nanda on Saturday said the institute will set up a working group and hold discussions with Sebi to finalise the various aspects that will be looked into with respect to tackling financial frauds New Delhi: Chartered accountants' apex...
UK-India investment treaty lets companies sue government
The Investor-State Dispute Settlement (ISDS) mechanism is aimed at protecting companies against possible unfair treatment under local laws, and will be included in an investment treaty that is expected to be struck alongside a free trade agreement shortly LONDON: An...
Denmark plans $1 billion war insurance for its merchant fleet
Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis. The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday. The funding would establish a state-backed war...
Berkshire outguns market as Buffett reaches 60 years in charge
Warren Buffet, chairman, Berkshire Hathaway Buffett took over Berkshire in a fit of anger in 1965, when management of the then-flailing textile company shortchanged him when he offered to sell back his shares. He later called Berkshire “the dumbest stock I ever...