In terms of product preferences, women increasingly opt for a mix...
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Building Risk Resilience: An update for India Inc
Indian companies today are dealing with a very different risk...
Musk found liable to Twitter shareholders in fraud lawsuit over $44 billion takeover
The verdict from a jury in San Francisco federal court came in a...
Banks will pay deposit insurance premiums linked to their risk profile from Apr 1
Under the new framework, banks will be assessed using financial and supervisory indicators such as capital strength, asset quality, earnings and liquidity, as well as the potential loss their failure could impose on the deposit insurance fund, the RBI said. Mumbai:...
Law must remain responsive to lived human realities, says SC; enhances compensation
“If the law is capable of recognising anticipated economic progression as a valid loss, it is not too clear why emotional deprivation manifested in loss of love and affection must be viewed as an impermissible head, especially when Chapter XII of the Act (Motor...
RBI announces Rs 25k compensation to bank customers hit by digital fraud
"As long as (the customers) are defrauded whether on their own accord or anyone else's accord, no questions asked… we will compensate them as long as it is unintended,"Reserve Bank Governor Sanjay Malhotra MUMBAI: Amid growing digital fraud, the Reserve Bank on...
Interest rates to remain at low level for long period of time: RBI Guv
"The policy rates will continue to be at low levels for a long period of time (and) they will go down even further," Malhotra said in a post-monetary press conference. Mumbai: Reserve Bank Governor Sanjay Malhotra on Friday said the key policy rates will remain at low...
Dubai launches driverless taxi service
The vehicle functions through an integrated system powered by artificial intelligence, advanced sensing technologies, and autonomous decision-making systems. The system ensures safe and seamless mobility within a real urban environment and on roads open to live...
New Sabki Raksha (Amendment of Insurance Laws) Act, 2025 comes into force from Feb 5
The government notified that Sabki Raksha (Amendment of Insurance Laws) Act, 2025 will be implemented from Feb 5 The entire new act will come into force except section 25, said the Department of Financial services.. Also Section 32A of the Act has been kept in...
Insurance rates in India, Middle East and Africa decline in Q42025: Marsh’s Global Insurance Market Index
Property rates in India experienced decreases between 15% to 25%.Catastrophe-exposed and high-hazard sectors (chemical, food, waste, recycling) faced declines of up to 20% in India; insureds in other regions generally saw declines of 10% to 15%.Cyber insurance rates...
Zurich Insurance set to take over Beazley for $11 billion
Beazley’s board “has concluded that the financial terms of the proposal are at a level that it would be minded to recommend” to its shareholders, according to the joint statement. “Zurich looks forward to commencing its confirmatory due diligence on Beazley and...
CBDT chief says 88 pc of individual taxpayers have opted for new tax regime
"And insofar as presumptive tax cases, about 97 per cent of the taxpayers have moved to the new tax regime. For corporates, about 60 per cent of the income is now being reflected in the new tax regime," CBDT Chairman Ravi Agrawal New Delhi:As many as 88 per cent of...
RBI may hire more specialists for cybersecurity controls as digital risks multiply across banking system
The watchdog also seeks to add more officers to its supervision division, with hiring skewed toward specialists in cybersecurity controls as digital risks multiply across the banking system, according to the people. The overhaul is still under consideration and...