M. Nagaraju, Secretary, Department of Financial Services. About...
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Swiss Re open to inorganic opportunities,says CEO Berger
“We are open to inorganic opportunities,” Swiss Re CEO Andreas...
GST Cut Impact: General insurance industry premium surges 25% to Rs 26,900 crore in Nov
``Strong rebound in automobile sales and improving consumer...
Wall street firms to pay $470 million to settle with US regulators over texting
The penalties mark the latest wave of a sweeping multi-year enforcement initiative targeting Wall Street’s use of so-called “off channel” work communications such as text and WhatsApp messages in breach of rules which require firms to retain certain work-related...
India only G20 nation to achieve climate targets, its efforts surprise world: PM Modi
Prime Minister Narendra Modi “We have met the climate targets set under the Paris Agreement ahead of schedule. India is the only nation among the G20 countries to do so, and we are proud of it,” the prime minister said New Delhi: India is the only country among G20...
18% GST on premiums: a significant deterrent to insurance purchase and penetration
Experts argue in favour of removal of 18% GST on Health covers to boost insurance penetration ``If GST is removed, a straight 18% less in amount will keep people from choosing higher sum-insured or better policy coverages in the same amount'' Rakesh Jain, CEO,...
CM’s pharmacy stores’ on the anvil to make generic medicines available to people: Stalin
M K Stalin,Chief Minister,Tamil Nadu In his Independence Day address after hoisting the national flag at Fort St George, Stalin announced a comprehensive scientific study on natural calamities triggered by heavy rains in the mountainous regions of the state, including...
2024 Cat bonds issuance set to exceed 2023 record
A fresh analysis by Swiss Re shows issuance of the bonds was well over $12 billion in the first half of 2024, putting it on track to exceed the $15.6 billion issued throughout 2023 Investors can face huge losses if a pre-defined catastrophe hits, but enormous gains if...
EV Battery Fires: South Korean blaze puts spotlight on safety concerns
Auto experts say EV battery fires burn differently than fires in internal combustion engines, often lasting longer and being harder to extinguish as they have a tendency to reignite South Korea is urging automakers operating in the country to disclose the manufacturer...
Floods threaten Europe as searing heat gives way to storms
Climate change is increasing the frequency and intensity of extreme weather events, including heat waves, violent storms and wildfires. Countries around the Mediterranean Sea — which reached a record average temperature of 28.16C (82.7F) on Tuesday — are some of the...
Investment Advisers, Research Analysts should disclose AI tool usage to clients: Sebi
"With technological innovations and advancements, many AI tools are currently available in chatbot form such as OpenAI's ChatGPT, Google's Gemini, etc. These AI tools, however, may not adequately safeguard sensitive data shared during conversations, potentially...
Google to expand AI initiatives in India, targeting language barriers, agricultural efficiency
Abhishek Bapna, Director of Product Management at Google DeepMind, emphasized that Google's agricultural initiatives are driven by two major goals: improving livelihoods and addressing climate change through necessary interventions. Banks and insurance companies could...
People’s concerns over natural disasters growing in recent years: PM Modi
PM Narendra Modi addressing the nation from the ramparts of the Red Fort on the 78th Independence Day Addressing the nation from the ramparts of the Red Fort on the 78th Independence Day, PM Modi said, "This year and over the last few years, we have all become...